705 Drake Rd
Fort Collins, CO 80525
3 bd 3 ba 1,275 sqft Built 1974 Lot 5,227 sqft townhomes
Most recent sale
$347,000
Sep 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2025 | Sold | $351,000 | IRES |
| May 29, 2025 | Listed | $350,000 | IRES |
| Sep 28, 2022 | Sold | $347,000 | MLS #973698 |
| Aug 19, 2022 | Listed | $349,900 | MLS #973698 |
| Jul 16, 2018 | Sold | $240,000 | MLS #851278 |
| May 24, 2018 | Listed | $240,000 | MLS #851278 |
| Mar 1, 1998 | Sold | $95,000 | Public Record |
| Jan 1, 1996 | Sold | $87,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $17,356 | $4,188 | $21,544 | $2,146 |
| 2024 | $17,356 | $4,188 | $21,544 | $1,775 |
| 2023 | $17,701 | $4,489 | $22,190 | $1,689 |
| 2022 | $16,499 | $1,738 | $18,237 | $1,722 |
| 2021 | $16,974 | $1,788 | $18,762 | $1,740 |
| 2020 | $16,416 | $1,788 | $18,204 | $1,703 |
| 2019 | $16,416 | $1,788 | $18,204 | $1,710 |
| 2018 | $12,809 | $1,800 | $14,609 | $1,331 |
| 2017 | $12,809 | $1,800 | $14,609 | $1,326 |
| 2016 | $10,109 | $1,990 | $12,099 | $1,104 |
| 2015 | $10,109 | $1,990 | $12,099 | $1,096 |
| 2014 | $8,240 | $1,990 | $10,230 | $933 |
| 2013 | $8,240 | $1,990 | $10,230 | $934 |
| 2012 | $8,180 | $1,990 | $10,170 | $948 |
| 2010 | $8,180 | $1,990 | $10,170 | $933 |
| 2009 | $8,430 | $1,990 | $10,420 | $901 |
| 2008 | $8,430 | $1,990 | $10,420 | $851 |
| 2007 | $7,860 | $1,990 | $9,850 | $854 |
Property facts
Year built
1974
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,275 sqft
Lot size
5,227 sqft
ZIP code
80525
City
Fort Collins
Street
Drake Rd
Coordinates
40.55146, -105.06577
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,678
Gross rental yield
9.26%
Implied cap rate
6.02%
Trend-extrapolated value
—
Frequently asked questions
When did 705 Drake Rd last sell?
705 Drake Rd most recently sold on Sep 28, 2022 for $347,000.
What is the current tax assessment for 705 Drake Rd?
The most recent total assessment for 705 Drake Rd (year 2025) is $21,544 with $2,146 in property tax.
How does 705 Drake Rd's assessment compare to its last sale price?
The current assessment is 93.8% below the last sale price of $347,000.
When was 705 Drake Rd built?
705 Drake Rd was built in 1974.
How does 705 Drake Rd compare to others on Drake Rd?
We track 8 other properties on Drake Rd. Browse the list under "Other properties on Drake Rd" to compare beds, baths, and sale history.
What are the property facts for 705 Drake Rd?
705 Drake Rd is a 3 bed, 3 bath, 1,275 sqft, 5,227 sqft lot townhomes.
Is 705 Drake Rd a flip candidate?
No — 705 Drake Rd does not appear in our flips dataset.
Is 705 Drake Rd a tax-appeal candidate?
No — 705 Drake Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.8%
Implied 1-yr
-3.0%
2026 Q3
$576.2K
2026 Q4
$571.6K
ZIP 80525 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Drake Rd