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Fort Collins 80528 Observatory Village
3709 Observatory Drive
$650,000
● House - Off Market

3709 Observatory Drive

Fort Collins, CO 80528
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,816 Ft²
$689,576
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This meticulously maintained 2 story home is located in the highly desired Observatory Village neighborhood. It is situated on a corner lot that allows for privacy, and is only a block from the neighborhood swimming pool. The home features beautiful solid oak wood floors through out the main level, an updated kitchen including granite counter tops, white cabinets, and stainless steel appliances. You will fall in love with the bright and open floor plan and the backyard patio will be your new favorite place to enjoy a morning cup of coffee or summertime evening dinners. On the upper level you will find 3 bedrooms and a large loft. The professionally finished basement offers 2  bedrooms, an additional family room and a full bath.
Unit Size
2,816 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$231
Property Type
House
Property Taxes
$269
HOA Dues
$205
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (REcolorado MLS #RECIR979279)

Price History

Date / Event Date Event Price
Jan 5, 2023 Sold
Premium
Sold
Nov 30, 2022 Listed by RE/MAX Alliance-FTC South $650,000
Listed by RE/MAX Alliance-FTC South
Oct 17, 2017 Sold
Premium
Sold
Jul 11, 2012 Sold
Premium
Sold
Nov 7, 2004 Listed $268,759
Listed
Sold before published.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 930
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 31
  • Pool Type: 0
  • Location Influence Type: 25

    Dimensions

  • Lot Size Square Feet: 3,690
  • Total Building Area: 3,486
  • Gross Building Area: 3,486
  • Building Area: 2,816
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW BROOK
  • Land Acres: 0000000085
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 66, WILLOW BROOK, FTC (2001075030)

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 001605

Zoning

  • Zoning: LMN

Geography

  • Assessors Map Reference: 86044
  • Account Number: R1609503
  • Parcel: R1609503
  • Lot: 66
  • Meridian: SEC 4 TWN 6N RNG 68W
  • Municipality: FORT COLLINS
  • Latitude: 40.5134
  • Longitude: -105.008

    Address

  • Full Address: 3709 Observatory Dr
  • Address - House Number: 3709
  • Address - Street Name: Observatory
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: R047
  • 4-Digit Zip Code: 4467
  • Zip Code: 80528

Valuation

    Tax

  • Total Area: 3,086
  • Tax Year: 2023
  • Tax Amount: $392,396
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 1107

    Appraisal Valuation

  • Standard Deviation: 0.1395
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 662,724
  • High Value: 755,210
  • Low Value: 570,238

    Market Valuation

  • Market Total Value: $684,000
  • Market Land Value: $150,000
  • Market Improvement Value: $534,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $45,828
  • Assessed Land Value: $10,050
  • Assessed Improvements Value: $35,778

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Jan 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 555
  • Previous Sale Recording Date: Oct 17, 2017
  • Previous Sale Contract Date: Oct 10, 2017
  • Previous Sale Amount: $433,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Observatory Village

Stats & Trends

Median Asking:

$699,999

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1115 ft²

Average Home Age

19 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 3709 Observatory Drive built and last sold?
The property at 3709 Observatory Drive was built in 2004 and last sold on Dec 30, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 3709 Observatory Drive is $0.
What are some comparable homes to 3709 Observatory Drive?
There are currently no comparable homes to 3709 Observatory Drive.
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