NOT LISTED FOR SALE
4 Beds
4 Baths
14,478 Sq Ft
0.77 Acre 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
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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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jul 15, 2020
Sold by
Bought by
Seller's Agent
Phil Dankner
Unique Properties
Buyer's Agent
Duff Knott
Realty One Group Fourpoints CO
List Price
$1,750,000
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$225,871
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 1987
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Country Club West, CO

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 Stewart Title Co
-- --
$56,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $260,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,259 $57,910 $5,090 $52,820
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

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Map

Source: IRES MLS

MLS Number: IRE905934

IRES MLS

APN: 0959-10-1-07-027

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