5 months on rocket

625 Peterson St, Fort Collins, CO, 80524

$1,750,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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625 Peterson St, Fort Collins$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built2017
HeatingForced Air
CoolingCentral Air
MLS #IR1010746
Lot Size0.28 Acres
StatusActive

About 625 Peterson St

Rare opportunity to own a completely rebuilt historic home in Old Town Fort Collins, that has been legally converted to a 4 unit, high end rental property. The original home was built in 1898, but the home was gutted and brought up to modern standards in 2017, along with units B C and D being added on at the same time. Dedicated concrete parking lot in rear, covered bicycle parking, concrete dumpster enclosure, ADA access for Unit B, and nicely landscaped to promote easy maintenance blended with attractive design. Unit A is the largest unit, occupying the original structure and boasting 3 large bedrooms each with their own ensuite bathroom, an extra half bath, huge living spaces and plenty of storage. Unit B is a single level with ramp access and boasts ADA features throughout. Units C and D are a mirror image of each other with 2 large bedrooms, each with their own ensuite bathrooms, plus an extra half bath on the main level. All four units feature granite counters, LED lighting, high end cabinets, spacious living and thoughtful layouts. Modern insulation, windows and appliances ensure maximum efficiency and low energy bills for your future tenants. Repainted in 2023, this property is absolutely immaculate and was built to the highest construction standards by Swift Builders. Rents are low for a property of this caliber, and could easily be improved upon lease cycle renewals by new owner. Prime Old Town location within easy walking or biking distance of many shops, restaurants and parks, including Target and Lucky's Market. 8 total bedrooms, 8 full bathrooms, 3 half bathrooms, ADA access, off street parking, blue chip location, all units include washer and dryer in unit, and the lowest maintenance future maintenance costs on an Old Town 4 plex you'll find!

Property Details

Property Features

Property Information:

  • Year Built: 2017

Listing Office:

  • Office Name: C3 Real Estate Solutions, LLC
  • Office Phone: (970) 430-7763
  • Listing Agent: Timothy Anderson

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot: Sprinklers In Front
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I25, take Exit 269B West to Fort Collins, Left on Peterson St, 625 is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000

Tax Information:

  • Annual Amount: $6,238
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Collins, CO.

Med. Sold Price

$554.9K

Med. Price/SqFt

$295

Avg. Days On Market

47

# of Sold Homes

204

625 Peterson St vs Fort Collins

174 DAYS ON ROCKET

+127 Days

$1,750,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Fort Collins, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #IR1010746

Listing Office:

  • Office Name: C3 Real Estate Solutions, LLC
  • Office Phone: (970) 430-7763
  • Listing Agent: Timothy Anderson

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Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 9:12:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 01, 2015Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,238$66,667
2019$5,774$67,133
2018$3,111$63,360
2017$2,846$34,250

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-243131
6
/10
  • Harris Bilingual Elementary School

  • 501 E Elizabeth St

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-243132
4
/10
  • Laurel Elementary School

  • 1000 Locust St

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-243133
8
/10
  • Dunn Elementary School

  • 501 S Washington Ave

  • 1.10 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,078. The majority of Fort Collins, CO residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoLarimer CountyFort Collins80524625 Peterson St

This home is located at 625 Peterson St in Fort Collins, CO and zip code 80524 in the University Park neighborhood. This home, which was built in 2017, sits on a 0.28 acre lot. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $1,750,000.

In October 2024, from all listings sold in Fort Collins, CO there were more than 28 sold above asking price, over 116 sold below and more than 60 were sold right at the asked price. The number of listings in Fort Collins, CO increased by 8.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $554,946, while the average time on the real estate market was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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