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Fort Collins 80525 Ridgewood Hills
7251 Fort Morgan Drive
$717,000
● House - Off Market

7251 Fort Morgan Drive

Fort Collins, CO 80525
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,773 Ft²
$733,912
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

OFFER has been received Highest and Best by Saturday 6-19 @ 5:00 p.m. Incredible unobstructed panoramic VIEWS! Must see home located on the ridge of Ridgewood Hills. Four bed, four bath with option for 5th bedroom or office. Formal living and dining room, flex room/office, laundry and primary suite all on main floor. Large kitchen features granite counters, lots of cabinets and gas range. Large primary suite with stunning views, remodeled and updated bath with two closets. Basement is finished and waiting for you to entertain with two more bedrooms and a  bath, wet bar, gas fireplace, pool table, theater room with projector screen and stadium seating. Don't forget the covered deck, stamped concrete patio and hot tub. Showings begin Friday after the open house. Pictures/video available on Friday.
Unit Size
3,773 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$168
Property Type
House
Property Taxes
$287
HOA Dues
$72
Year Built
2003

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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 #RECIR943187)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
Jun 16, 2021 Listed by Kentwood RE Northern Prop Llc $635,000
Listed by Kentwood RE Northern Prop Llc
Jun 2, 2011 Sold
Premium
Sold
Mar 27, 2003 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,032
  • Garage Type: 1
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0
  • Location Influence Type: 241

    Dimensions

  • Lot Size Square Feet: 10,448
  • Total Building Area: 4,656
  • Gross Building Area: 4,656
  • Building Area: 3,773
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,773
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEWOOD HILLS PUD, THIRD FILING
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 343, RIDGEWOOD HILLS PUD, THIRD FILING, FTC, (2000053189)

Neighborhood

  • School District Name: Thompson School District R-2J
  • Census Tract: 001813

Zoning

  • Zoning: LMN

Geography

  • Assessors Map Reference: 96143
  • Account Number: R1600212
  • Parcel: R1600212
  • Lot: 343
  • Meridian: SEC 14 TWN 6N RNG 69W
  • Municipality: FORT COLLINS
  • Latitude: 40.4843
  • Longitude: -105.09

    Address

  • Full Address: 7251 Fort Morgan Dr
  • Address - House Number: 7251
  • Address - Street Name: Fort Morgan
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: R025
  • 4-Digit Zip Code: 8245
  • Zip Code: 80525

Valuation

    Tax

  • Total Area: 4,096
  • Tax Year: 2023
  • Tax Amount: $420,767
  • Tax Rate Code Area: 2101

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 820,151
  • High Value: 938,454
  • Low Value: 701,848

    Market Valuation

  • Market Total Value: $816,800
  • Market Land Value: $188,000
  • Market Improvement Value: $628,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $54,726
  • Assessed Land Value: $12,596
  • Assessed Improvements Value: $42,130

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 20210066286
  • Previous Sale Recording Date: Jun 02, 2011
  • Previous Sale Contract Date: Jun 01, 2011
  • Previous Sale Amount: $410,000
  • 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 Ridgewood Hills

Stats & Trends

Median Asking:

$600,000

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2428 ft²

Average Home Age

24 years

Currently For Sale

14 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 7251 Ft Morgan Drive built and last sold?
The property at 7251 Ft Morgan Drive was built in 2003 and last sold on Jul 7, 2021 for $717,000.
How much is this home worth?
The estimated value of the home located at 7251 Ft Morgan Drive is $648,411.
What are some comparable homes to 7251 Ft Morgan Drive?
There are currently no comparable homes to 7251 Ft Morgan Drive.
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