NOT LISTED FOR SALE

0 Multiple Streets Unit 936567 Log Lane Village, CO 80705

16 Beds
10 Baths
924 Sq Ft
1973 Built

Last Sold December 29, 2021

Last sale price $1,400,000 $1,515 Per Sq Ft

177 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of December 2021

Great income potential! 14 properties each with a 2 car detached garage. Lot sizes range from 6050-7670 (Majority are 7500 sq. ft.). Square footage of mobile homes range between 720 - 1368 sq. Units either have central air, or swamp coolers. Fenced yards on majority of them. Ages of homes are between 1969-1974. Windows have been replaced with vinyl windows. Contact Broker for a detailed list of each unit's square footage and age. Each unit includes stove and refrigerator. Great rental history with long term renters.

Last Listed By

Deb Elrick

The Coates Realty Group, LLC Listed on: 03/31/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,852

Year Built

  • Built in 1973

Home Design

  • Composition Roof
  • Composition Shingle

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Bathrooms

Schools

  • Fort Morgan Elementary And Middle School
  • Fort Morgan High School

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity

Community Details

Overview

  • No Home Owners Association
  • 14 Units
  • See Attached Subdivision

Building Details

  • Gross Income $177,000
  • Net Operating Income $168,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,852

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: See Attached
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Mobile Homes
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 16
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
  • Waterfront: No
  • Construction Type: Composition Siding
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Log Lane
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Fort Morgan
  • HighSchool: Fort Morgan
  • Junior High Dist: Fort Morgan RE-3
  • Middle Or Junior School: Fort Morgan

Lot Info

  • Zoning: R
  • Lot Size Sq Ft: 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8852.02

Multi Family

  • Number Of Units Total: 14
  • Annual Gross Income: 177000
  • Annual Operating Expense: 8852.02

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Off Market $1,400,000 -- --
12/29/2021 12/29/21 Sold $1,400,000 -25.9% $1,515 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $1,890,000 -30.8% $2,045 / Sq Ft
06/24/2021 06/24/21 Price Changed $2,730,000 -15.2% $2,955 / Sq Ft
03/31/2021 03/31/21 For Sale $3,220,000 -- $3,485 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Deb Elrick

    Seller's Agent in 2021

    Deb Elrick

    The Coates Realty Group, LLC

    (970) 768-0908

    189 Total Sales

    Deb Elrick
    Section Image

  • N

    Buyer's Agent in 2021

    Non-IRES Agent

    CO_IRES

See All Agents

Map

Source: IRES MLS

MLS Number: 936567

IRES MLS

Colorado Morgan County Log Lane Village 80705

0 Multiple Streets Unit 936567, Log Lane Village, CO

Homes for Sale in Log Lane Village, CO

This home is located at 0 Multiple Streets Unit 936567, Log Lane Village, CO 80705 since 31 March 2021. This property was built in 1973. 0 Multiple Streets Unit 936567 is a home located in Morgan County with nearby schools including Fort Morgan High School, Trinity Lutheran School, and Lighthouse Seventh-day Adventist Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS 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.

Nearby Homes