NOT LISTED FOR SALE

102 2nd St Mead, CO 80542

Estimated Value: $501,294 - $721,000

6 Beds
4 Baths
2,300 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $385,500 $168 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,464/month

25 Days on Market

Highlights

  • Cathedral Ceiling
  • Corner Lot
  • Eat-In Kitchen
  • Mead Elementary School Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of May 2017

Located in the town of Mead, this modern duplex is fully equipped, hardly ever vacant, Priced-right, and is a money-maker with excellent financials. In fact, it's the only duplex in the town of Mead. Two identical units - 3 bdrm/2 bth/1 car garage, central A/C, gas fireplace, washer & dryer, all major appliances, nicely landscaped with several big shade trees, on a corner lot, built in 2002. As with nearly every other property in Weld County, mineral/subsurface/surface rights are not included.

Last Agent to Sell the Property

Victor McLachlan

Canyon Realty Listed on: 03/13/2017

Last Buyer's Agent

Victor McLachlan

Canyon Realty Listed on: 03/13/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 2002

Lot Details

  • 10,500 Sq Ft Lot
  • Property fronts a highway
  • Property fronts an alley
  • West Facing Home
  • Corner Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Composition Shingle

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Schools

  • Mead Elementary And Middle School
  • Mead High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Satellite Dish

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R4740886

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mead Town Subdivision

Building Details

  • Gross Income $33,600
  • Net Operating Income $29,348

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,755

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Year Built: 2002
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street, Highway, Alley
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: MEAD TOWN
  • Directions: In the Town of Mead, Located at the N/W corner of the intersection of 2nd St and Weld County Road #34 (Welker Ave).
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2300
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, All Appliances
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Cathedral/Vaulted Ceilings
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Builder Name: Owner
  • Lot Features: Curbs, Gutters, Sidewalks, Mineral Rights Excluded, Corner Lot, Level, Within City Limits
  • View: Plains View
  • Waterfront: No
  • Construction Type: Wood/Frame, Composition Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Central Air
  • Electric: Separate Meter Electricity, United Power
  • Heating: Forced Air, 2 or more Heat Sources
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: District Water, City
  • Gas Company: Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Mead
  • HighSchool: Mead
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Mead

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 10500
  • Parcel #: R4740886
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1755

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33600
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2021
Sold by
Pias Gary and Spinney Heather
Bought by
Pias Gary and Pias Heather
Current Estimated Value
$616,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,900
Outstanding Balance
$256,327
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$359,997

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 26, 2017
Sold by
Griffith Charles D and Griffith Debra L
Bought by
Pias Gary and Spinney Heather
Seller's Agent
Victor McLachlan
Canyon Realty
Buyer's Agent
Victor McLachlan
Canyon Realty
List Price
$389,000
Sold Price
$385,500
Premium/Discount to List
-$3,500
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$289,125
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2016
Sold by
Headley Lelah C
Bought by
Griffith Charles D and Griffith Debra L

Purchase Details

Closed on
Aug 6, 2003
Sold by
Griffith Charles D
Bought by
Griffith Charles D and Griffith Debra L

Purchase Details

Closed on
Jun 29, 2001
Sold by
Rich Donna F and Williams Wanda C
Bought by
Griffith Charles D and Griffith Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,955
Interest Rate
8.25%

Purchase Details

Closed on
Jul 30, 1997
Sold by
Headley Lelah C
Bought by
Rich Donna F and Williams Wanda C

Purchase Details

Closed on
Jul 12, 1983
Source: Public Records

Range of Values:

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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
Pias Gary -- First American Title
Pias Gary $385,500 Fidelity National Title
Griffith Charles D -- Stewart Title
Griffith Charles D -- --
Griffith Charles D $75,000 Stewart Title
Rich Donna F -- --
-- -- --
Headley Chris $10,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pias Gary $283,900
Closed Pias Gary $289,125
Previous Owner Griffith Charles D $69,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $385,500 -- --
05/26/2017 05/26/17 Sold $385,500 -0.9% $168 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $389,000 -- $169 / 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 $2,854 $32,350 $7,940 $24,410
2024 $2,854 $32,350 $7,940 $24,410
2023 $2,751 $30,780 $5,290 $25,490
2022 $2,798 $26,200 $4,850 $21,350
2021 $2,914 $27,550 $5,100 $22,450
2020 $2,824 $26,910 $4,440 $22,470
2019 $2,819 $26,910 $4,440 $22,470
2018 $3,006 $29,010 $3,640 $25,370
2017 $3,085 $30,890 $3,640 $27,250
2016 $1,755 $17,470 $2,290 $15,180
2015 $1,702 $17,470 $2,290 $15,180
2014 $1,519 $15,630 $2,290 $13,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 813632

IRES MLS

APN: R4740886