NOT LISTED FOR SALE

Estimated Value: $446,845 - $593,000

6 Beds
3 Baths
2,836 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $260,000 $92 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,751/month

43 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Balcony
  • Contemporary Architecture
  • No HOA
  • Wood Frame Window

About This Home

As of March 2016

Beautiful 6 Bedroom Victorian with new carpet & paint.Property located close to UNC campus.Large lot with lots of off street parking.Great rental history.Owner was receiving $2,000.00 per month & prior rents were $400.00 per student with 5 students renting.All utilities were paid by the tenants.Three separate living areas.Main & Upper level are 4 bedrooms and 2 Baths.Basement is 2bedroom 1 Bath, 2 kitchens Large Egress Windows & seperate entrance.Detached garage could provide additional income.

Last Agent to Sell the Property

Mike Dunn

RE/MAX Nexus Listed on: 01/12/2016

RE/MAX Nexus

Last Buyer's Agent

Kevin Greenwood

Greenwood Real Estate License #100046745

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $686

Year Built

  • Built in 1907

Lot Details

  • 9,500 Sq Ft Lot
  • Level Lot

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Dining Room
  • Wood Flooring
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Schools

  • Jackson Elementary School
  • Brentwood Middle School
  • Greeley Central High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R3254186

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Greeley Subdivision

Building Details

  • Gross Income $28,800
  • Net Operating Income $27,005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$686

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: Greeley
  • Directions: Hwy 34 East to 11th Ave, Turn North to 14th St. Turn left property on North Side of Street
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2836
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 6
  • Entry Location: Outside Entry
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Pantry, Stain/Natural Trim, Outside Entry
  • Window Features: Wood Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Level, Within City Limits
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Balcony
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Atmos

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Jackson
  • HighSchool: Greeley Central
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Brentwood

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 9500
  • Parcel #: R3254186
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 686

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Mar 25, 2016
Sold by
Jo Enterprises Lllp
Bought by
Cherrywood Holdings Limited
Seller's Agent
Mike Dunn
RE/MAX Nexus
Buyer's Agent
Kevin Greenwood
Greenwood Real Estate
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Current Estimated Value
$493,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,711
Avg. Annual Appreciation
6.76%
Original Mortgage
$195,000
Outstanding Balance
$5,791
Interest Rate
3.65%
Mortgage Type
Unknown
Estimated Equity
$487,920

Purchase Details

Listed on
Jan 11, 2012
Closed on
Aug 20, 2012
Sold by
Forrest Larry and Forrest Mary
Bought by
Jo Enterprises Lllp
Seller's Agent
Anita Young
RE/MAX Nexus
Buyer's Agent
Anita Young
RE/MAX Nexus
List Price
$169,000
Sold Price
$113,500
Premium/Discount to List
-$55,500
-32.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.89%

Purchase Details

Closed on
Feb 23, 2004
Sold by
Forrest Larry L and Forrest Mary R
Bought by
Forrest Enterprises Llc

Purchase Details

Closed on
Mar 28, 2003
Sold by
Landon Charles M and Landon Julia K
Bought by
Forrest Larry and Forrest Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.83%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Max R Landon Revocable Living Trust
Bought by
Landon Charles M and Landon Julia K

Purchase Details

Closed on
Jul 7, 1999
Sold by
Allinder James E and Allinder Amy E
Bought by
Max R Landon Revocable Living Trust

Purchase Details

Closed on
Oct 25, 1996
Sold by
Allinder Dolores Elaine Revocable Trust
Bought by
Allinder James E and Allinder Amy E

Purchase Details

Closed on
Aug 9, 1991

Purchase Details

Closed on
Apr 3, 1974
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cherrywood Holdings Limited $260,000 Colorado Escrow & Title
Jo Enterprises Lllp $113,500 None Available
Forrest Larry -- None Available
Forrest Enterprises Llc -- --
Forrest Larry $210,000 --
Landon Charles M $140,000 --
Max R Landon Revocable Living Trust $128,000 --
Allinder James E -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherrywood Holdings Limited $195,000
Previous Owner Forrest Larry $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2020 05/03/20 Off Market $113,500 -- --
01/28/2019 01/28/19 Off Market $260,000 -- --
03/25/2016 03/25/16 Sold $260,000 +4.0% $92 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $250,000 +120.3% $88 / Sq Ft
08/20/2012 08/20/12 Sold $113,500 -32.8% $40 / Sq Ft View Prior Sale
07/21/2012 07/21/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $169,000 -- $60 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,342 $26,780 $4,160 $22,620
2024 $2,342 $26,780 $4,160 $22,620
2023 $2,234 $31,610 $4,500 $27,110
2022 $2,114 $24,240 $3,290 $20,950
2021 $2,229 $25,490 $3,460 $22,030
2020 $1,772 $20,330 $2,850 $17,480
2019 $1,777 $20,330 $2,850 $17,480
2018 $1,319 $15,920 $2,600 $13,320
2017 $1,326 $15,920 $2,600 $13,320
2016 $1,031 $13,930 $2,310 $11,620
2015 $1,027 $16,210 $2,310 $13,900
2014 $686 $9,080 $1,780 $7,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE781565

IRES MLS

APN: R3254186