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Larimer 80524
4502 Espirit Dr
$220,000
● House - Off Market

4502 Espirit Dr

Fort Collins, CO 80524
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,561 Ft²
$2,441
Est. Monthly
$1,286
HOA / Fees
5.11%
Cap Rate

About This Property

Beautiful home on a permanent foundation in the Sunflower active adult community with great updates! Truly move-in ready, this home features fresh interior paint throughout and new LVP in the living area and new carpet in the bedrooms & office. You will love the large kitchen with newer stainless steel appliances and updated cabinets. The primary bedroom is spacious with dual walk-in closets.Work comfortably in the roomy private office/den.   Enjoy time outside on the private patio off the primary bedroom and a gate leading to the open space near the clubhouse.
Unit Size
1,561 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
House
Property Taxes
$50
HOA Dues
$1,286
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 (IRES MLS #999278)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold
Premium
Sold
Nov 6, 2023 Listed by Windermere Fort Collins $225,000
Listed by Windermere Fort Collins
Mar 7, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 17
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,608,189
  • Total Building Area: 1,996
  • Gross Building Area: 1,996
  • Building Area: 1,556
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,556
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERDALE
  • Land Acres: 0000036000
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219
  • Mobile Home Indicator: T
  • Legal Description 1: IMPS ONLY, LOT 143, WATERDALE, PER AMD SURVEY PLAT 2001044822

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002506

Zoning

  • Zoning: M1

Geography

  • Assessors Map Reference: 87152
  • Account Number: R1640460
  • Parcel: R1640460
  • Lot: 143
  • Meridian: SEC 15 TWN 7N RNG 68W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.5767
  • Longitude: -104.993

    Address

  • Full Address: 4502 Espirit Dr
  • Address - House Number: 4502
  • Address - Street Name: Espirit
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: R017
  • 4-Digit Zip Code: 6046
  • Zip Code: 80524

Valuation

    Tax

  • Total Area: 1,556
  • Tax Year: 2023
  • Tax Amount: $69,760
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.1384
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 198,667
  • High Value: 226,172
  • Low Value: 171,162

    Market Valuation

  • Market Total Value: $167,500
  • Market Improvement Value: $167,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $11,223
  • Assessed Improvements Value: $11,223

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2351
  • Previous Sale Recording Date: Mar 07, 2006
  • Previous Sale Contract Date: Feb 27, 2006
  • Previous Sale Amount: $147,560
  • 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 Larimer

Stats & Trends

Median Asking:

$553,250

Sale Price/ft²

$284

Above Asking

81.47%

Average Days on Market

57

Average Home Size

2245 ft²

Average Home Age

27.5 years

Currently For Sale

3382 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

Rentals Near You

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IRES

Listed by: Aaron Pearson, Windermere Fort Collins
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 999278
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 4502 Espirit Drive built and last sold?
The property at 4502 Espirit Drive was built in 2005 and last sold on Jan 12, 2024 for $220,000.
How much is this home worth?
The estimated value of the home located at 4502 Espirit Drive is $0.
What are some comparable homes to 4502 Espirit Drive?
There are currently no comparable homes to 4502 Espirit Drive.
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