NOT LISTED FOR SALE

Estimated Value: $383,498 - $444,000

5 Beds
2 Baths
2,156 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $418,000 $194 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,200/month

16 Days on Market

Highlights

  • No HOA
  • Kennel or Dog Run
  • Forced Air Heating and Cooling System
  • Balcony
  • Outdoor Storage
  • Level Lot

About This Home

As of October 2022

$9,000 CONCESSION OFFERED WITH NEW PRICE!! You do not want to miss out on this beautiful dual purpose property that can be utilized as both an income property or a primary residence. The upper unit is ready to move in and ready to show, recently remodeled, this property can make anyone feel at home with 3 bed 1bath and great natural light. The basement is fully finished and has 2 bed 1 bath. Both units boast full kitchens, in-unit laundry, and separate entrances. The exterior has one detached shop, one detached 1-car garage, and alley access. Detail: -Upper unit Vacant 3 bed 1 bath Market Rent = $1,725. -Basement Unit is tenant occupied, lease ends 4/30/2023 Rent = $1,375. - CAP RATE = 7%+

Last Agent to Sell the Property

Daniel Preshaw

His House Listed on: 08/24/2022

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 1948

Lot Details

  • 7,000 Sq Ft Lot
  • Kennel or Dog Run
  • Level Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,156 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Maplewood Elementary School
  • Heath Middle School
  • Greeley Central High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R2974986

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Packards Sub Subdivision

Building Details

  • Gross Income $37,200
  • Net Operating Income $29,824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,616

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: PACKARDS SUB
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2156
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Has Basement: Full
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Balcony
  • Other Structures: Kennel/Dog Run, Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel Energy
  • 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, Atmos

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Maplewood
  • HighSchool: Greeley Central
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Heath

Lot Info

  • Zoning: R-M
  • Lot Size Sq Ft: 7000
  • Parcel #: R2974986
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1616

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 37200
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2023
Sold by
Nawrocki Sara and Stookey Amy
Bought by
1024 18Th Avenue Llc
Current Estimated Value
$394,070

Purchase Details

Listed on
Aug 24, 2022
Closed on
Oct 11, 2022
Sold by
Preshaw Jake
Bought by
Nawrocki Sara and Stookey Amy
Seller's Agent
Daniel Preshaw
His House
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$424,000
Sold Price
$418,000
Premium/Discount to List
-$6,000
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%
Original Mortgage
$313,500
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2013
Closed on
Dec 30, 2013
Sold by
Martiz Karen
Bought by
Preshaw Jake
Seller's Agent
Jason Mahoney
C3 Real Estate Solutions, LLC
Buyer's Agent
Jason Mahoney
C3 Real Estate Solutions, LLC
List Price
$110,000
Sold Price
$105,500
Premium/Discount to List
-$4,500
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.96%
Original Mortgage
$84,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 20, 2006
Sold by
Hud
Bought by
Martiz Karen

Purchase Details

Closed on
Mar 3, 2006
Sold by
Leos Juan M and Castillo Oscar O
Bought by
Hud

Purchase Details

Closed on
Jul 21, 2004
Sold by
Madaleno Ray and Madaleno Jennie
Bought by
Shirley Flot Allison Trust

Purchase Details

Closed on
Dec 14, 2001
Sold by
Rastatter Dennis M and Rastatter Diane M
Bought by
Leos Juan M and Castillo Oscar O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.39%

Purchase Details

Closed on
Aug 2, 2001
Sold by
Tappan Merilyn
Bought by
Rastatter Dennis M and Rastatter Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.05%
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
1024 18Th Avenue Llc -- None Listed On Document
Nawrocki Sara $418,000 --
Preshaw Jake $105,500 Heritage Title
Martiz Karen $87,250 None Available
Hud $137,687 None Available
Shirley Flot Allison Trust -- --
Leos Juan M $132,900 --
Rastatter Dennis M $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nawrocki Sara $313,500
Previous Owner Preshaw Jake $84,400
Previous Owner Leos Juan M $131,000
Previous Owner Rastatter Dennis M $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2022 10/11/22 Sold $418,000 -1.4% $194 / Sq Ft
09/14/2022 09/14/22 For Sale $424,000 0.0% $197 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $424,000 -0.2% $197 / Sq Ft
08/24/2022 08/24/22 For Sale $425,000 +302.8% $197 / Sq Ft
05/03/2020 05/03/20 Off Market $105,500 -- --
12/30/2013 12/30/13 Sold $105,500 -4.1% $49 / Sq Ft View Prior Sale
11/30/2013 11/30/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $110,000 -- $51 / 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 $1,672 $23,290 $3,060 $20,230
2024 $1,672 $23,290 $3,060 $20,230
2023 $1,595 $23,620 $3,310 $20,310
2022 $1,611 $18,480 $2,480 $16,000
2021 $1,662 $19,010 $2,550 $16,460
2020 $1,594 $18,290 $2,100 $16,190
2019 $1,599 $18,290 $2,100 $16,190
2018 $1,117 $13,490 $1,920 $11,570
2017 $1,123 $13,490 $1,920 $11,570
2016 $769 $10,400 $1,700 $8,700
2015 $767 $10,400 $1,700 $8,700
2014 $644 $8,520 $1,310 $7,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 974032

IRES MLS

APN: R2974986