NOT LISTED FOR SALE
4 Beds
4 Baths
14,478 Sq Ft
33,541 Sq Ft Lot

Sale Details

Date Sold: July 15, 2020

Last sale price $1,750,000 $121 Per Sq Ft

131 Days on Market

Highlights

  • 0.77 Acre Lot
  • Brick Veneer
  • 1-Story Property
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

1017 and 1029 49th Ave are two 4 unit town home style apartment buildings. Located blocks from Greeley Country Club, these meticulously maintained town homes boast large functional floor plans and a garage for each unit. 1017 49th Avenue also has full framed basements that are wired, plumbed and have completed duct work that can be easily converted into another 2 bedrooms plus a full bathroom. Raising rents to market rates should stabilize the asset at a high 6% cap rate.

Last Agent to Sell the Property

Phil Dankner

Unique Properties License #100052493 Listed on: 03/06/2020

Last Buyer's Agent

Duff Knott

Realty One Group Fourpoints CO License #100035279

Realty One Group Fourpoints CO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 0.77

Home Design

  • Brick Veneer
  • Wood Roof

Interior Spaces

  • 14,478 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Schools

  • Meeker Elementary School
  • Brentwood Middle School
  • Greeley West High School

Additional Features

  • 33,352 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0072688

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Country Club West Sub Subdivision

Building Details

  • Gross Income $137,370
  • Net Operating Income $137,370

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0.77 Acres

Listing Details

  • Year Built: 1990
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.77
  • Subdivision Name: COUNTRY CLUB WEST SUB
  • Architectural Style: Ranch
  • Unit Levels: One, Bi-Level
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 14478
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: Unfinished
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Wood
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Meeker
  • HighSchool: Greeley West
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Brentwood

Lot Info

  • Zoning: R
  • Lot Size Sq Ft: 33352
  • Parcel #: R0072688
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 137370
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Off Market $1,750,000 -- --
07/31/2020 07/31/20 Pending -- -- --
07/15/2020 07/15/20 Sold $1,750,000 0.0% $121 / Sq Ft
03/06/2020 03/06/20 For Sale $1,750,000 -- $121 / Sq Ft
Source: IRES MLS

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 $4,269 $57,600 $5,060 $52,540
2024 $4,269 $57,600 $5,060 $52,540
2023 $4,071 $54,550 $5,070 $49,480
2022 $4,595 $52,700 $5,100 $47,600
2021 $4,845 $55,410 $5,360 $50,050
2020 $2,881 $33,050 $3,790 $29,260
2019 $2,889 $33,050 $3,790 $29,260
2018 $2,061 $24,880 $3,740 $21,140
2017 $2,072 $24,880 $3,740 $21,140
2016 $2,040 $27,570 $2,910 $24,660
2015 $2,032 $27,570 $2,910 $24,660
2014 $1,798 $23,800 $2,590 $21,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE905934

IRES MLS

APN: 0959-10-1-07-027

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