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1601 Peterson St, Fort Collins, CO, 80525

5beds
2baths
1,776sqft
$589,900
$332price/sqft
$3,652/moest. monthly cost
$146,080/yrincome needed

About This Home

Fantastic investment opportunity in central Fort Collins, just minutes from CSU and Old Town! This 5-bedroom, 2-bath home offers exceptional flexibility with a private basement entrance, separate kitchenette, and dedicated laundry area-ideal for rental income, multigenerational living, or guest accommodations. Situated on a spacious lot with a large backyard, ample off-street parking, and an attached one-car garage, this property is located in one of Northern Colorado's strongest rental markets.

Getting Around

77
WalkingVery Walkable
41
TransitSome Transit
100
BikeBiker's Paradise

Schools

8/10
O'Dea Elementary SchoolGrades K-50.8 mi
5/10
Lesher Middle SchoolGrades 6-80.4 mi
8/10
Fort Collins High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Dishwasher,Refrigerator,Washer,Dryer,Microwave,Disposal
  • Laundry features: Washer/Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Daylight

Bedroom2

  • Level: Main
  • Area: 117
  • Dimensions: 9 x 13

Bedroom3

  • Level: Basement
  • Area: 126
  • Dimensions: 9 x 14

Bedroom4

  • Level: Basement
  • Area: 100
  • Dimensions: 10 x 10

Bedroom5

  • Level: Basement
  • Area: 99
  • Dimensions: 9 x 11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1

Family Room

  • Level: Basement
  • Area: 140
  • Dimensions: 10 x 14

Features

  • Eat-in Kitchen
  • Window features: Window Coverings
  • Flooring: Wood
  • Finished area above ground: 888

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 888
  • Total interior livable area: 1,776 sqft

Kitchen

  • Level: Main
  • Area: 80
  • Dimensions: 8 x 10

Laundry

  • Level: Main
  • Area: 35
  • Dimensions: 5 x 7

Living Room

  • Level: Main
  • Area: 270
  • Dimensions: 18 x 15

Primary Bedroom

  • Level: Main
  • Area: 110
  • Dimensions: 11 x 10

Property

Details

  • Parcel number: R0109908
  • Zoning: LMN
  • Special condition: Private Owner

Features

  • Levels: One
  • Stories: 1
  • Fencing: Chain Link

Lot

  • Lot size: 9,468 sqft
  • Features: City Limits,Alley

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hail
Winter Weather
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters Across Colorado Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,982$35,784
Home Insurance *$229$2,748
Property Taxes $255$3,060
Electricity $186$2,232
Total$3,652$43,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,211/yr
40% on housing$109,560/yr
45% on housing$97,386/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.3%
15.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$332This listing

vs Other Active Listings

Avg $/sqft

ZIP 80525$194
Larimer County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 80525$229
Larimer County$250

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-19Listed for sale$589,900
2021-02-24Listing removed--
2020-04-16Listing removed$2,200
2020-01-24Listed for rent$2,200
2009-07-02Sold$200,500

For Sale by Agent

AgentAndrew Rauch
BrokerageFR Properties Ltd

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