NOT LISTED FOR SALE

1113 12th Ave Greeley, CO 80631

Estimated Value: $360,047 - $405,000

6 Beds
4 Baths
1,963 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $170,000 $87 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,270/month

51 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • Property is near a bus stop
  • Level Lot

About This Home

As of December 2015

2 rental houses on a single lot near downtown Greeley. 1113 is a side-by-side duplex. 1115 is an up-and-down duplex. Good income stream.

Last Agent to Sell the Property

Mike Ramstack

Pro Realty Inc Listed on: 09/28/2015

Last Buyer's Agent

Ismael Mendoza

Pro Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $519

Year Built

  • Built in 1947

Lot Details

  • 6,750 Sq Ft Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,963 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range
  • Finished Basement

Bedrooms and Bathrooms

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

Outdoor Features

  • Exterior Lighting

Location

  • Mineral Rights Excluded
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R3038586

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • City Of Greeley Subdivision

Building Details

  • Gross Income $24,453
  • Net Operating Income $23,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$519

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Year Built: 1947
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: City of Greeley
  • Directions: Go south on 12th Ave from 10th St to the property on the right (west) side of the street
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1963
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Level Lot, Level Drive, Near Bus, Main Floor Bath, Main Level Bedroom
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Mineral Rights Excluded, Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Separate Meter Gas, Atmos Energy

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: Franklin

Lot Info

  • Zoning: R-H
  • Lot Size Sq Ft: 6750
  • Parcel #: R3038586
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 519

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 24453
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 519

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Davis Elizabeth A
Bought by
1115 12Th Llc
Current Estimated Value
$384,012

Purchase Details

Closed on
Oct 29, 2017
Sold by
Exellence Reo Llc
Bought by
Davis Elizabeth A

Purchase Details

Listed on
Sep 28, 2015
Closed on
Dec 18, 2015
Sold by
Biro Llc
Bought by
Excellence Reo Llc
Seller's Agent
Mike Ramstack
Pro Realty Inc
Buyer's Agent
Ismael Mendoza
Pro Realty, LLC
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$136,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1993

Purchase Details

Closed on
Jun 16, 1992
Sold by
Norwest Bank Denver National
Bought by
Elliott William I and Elliott Rose W

Purchase Details

Closed on
May 1, 1992

Purchase Details

Closed on
Feb 1, 1992
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
1115 12Th Llc -- --
Davis Elizabeth A $255,510 Unified Title Co
Excellence Reo Llc $170,000 Unified Title Co Inc
-- -- --
Elliott William I $34,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raisa Funding I Llc $0
Previous Owner Davis Elizabeth A $250,000
Previous Owner Excellence Reo Llc $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $170,000 -- --
12/18/2015 12/18/15 Sold $170,000 +0.1% $87 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $169,900 -- $87 / 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 $2,130 $25,930 $2,950 $22,980
2024 $2,130 $25,930 $2,950 $22,980
2023 $2,031 $29,090 $3,200 $25,890
2022 $2,124 $24,360 $2,390 $21,970
2021 $2,192 $25,070 $2,460 $22,610
2020 $1,950 $22,370 $2,030 $20,340
2019 $1,955 $22,370 $2,030 $20,340
2018 $1,169 $14,110 $1,850 $12,260
2017 $1,175 $14,110 $1,850 $12,260
2016 $907 $12,260 $1,640 $10,620
2015 $904 $12,260 $1,640 $10,620
2014 $519 $6,870 $1,260 $5,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 776118

IRES MLS

APN: R3038586