NOT LISTED FOR SALE

1117 11th Ave Unit 1-8 Greeley, CO 80631

Estimated Value: $266,000 - $340,000

4 Beds
4 Baths
1,885 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $1,700,000 $902 Per Sq Ft

Current estimated payment $1,704/month

7 Days on Market

Highlights

  • Cathedral Ceiling
  • Eat-In Kitchen
  • Dining Room
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

8 Unit Townhome Portfolio. All units feature a 4 bed 4 bath floorplan, private bathrooms (suite style), individual storage lockers and attached two car garages. Units are each on their own lot, which would allow for individual sales in the future. Units are being sold as a package.

Last Agent to Sell the Property

Alex Schuman

Schuman Companies Listed on: 05/17/2019

Last Buyer's Agent

Benjamin Wishart

C3 Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1993

Lot Details

  • 7,504 Sq Ft Lot
  • Sprinkler System

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,885 Sq Ft Home
  • 4-Story Property
  • Cathedral Ceiling
  • Window Treatments
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0198094

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Home Shares Subdivision

Building Details

  • Gross Income $167,894
  • Net Operating Income $115,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Subdivision Name: Home Shares
  • Unit Levels: Four-Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1885
  • Special Features: None
  • Stories: 4

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Has Basement: Full
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, city
  • Gas Company: Natural Gas, Atmos

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

Lot Info

  • Zoning: res
  • Lot Size Sq Ft: 7504
  • Parcel #: R0198094
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10000

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 167894.4
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 52285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
Bond Ryan and Bond Januari
Bought by
1117 11Th U1 Llc
Current Estimated Value
$306,406

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 29, 2019
Sold by
1409 Llc
Bought by
Bond Ryan and Bond Januari
Seller's Agent
Alex Schuman
Schuman Companies
Buyer's Agent
Benjamin Wishart
C3 Property Management
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.15%
Original Mortgage
$148,750
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Pathfinder I Joint Venture Llp
Bought by
Ts Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 18, 1998
Sold by
First Tracks Development Corp
Bought by
Pathfinder I Joint Venture Llp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1117 11Th U1 Llc -- None Available
Bond Ryan $212,500 Fidelity National Title
Ts Property Llc $115,000 Land Title Guarantee Company
Ts Property Llc $115,000 Land Title Guarantee Company
Pathfinder I Joint Venture Llp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bond Ryan $148,750
Previous Owner Ts Property Llc $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2019 11/17/19 Off Market $1,700,000 -- --
08/12/2019 08/12/19 Sold $1,700,000 -5.6% $902 / Sq Ft
05/17/2019 05/17/19 For Sale $1,800,000 -- $955 / 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 $1,164 $19,260 $460 $18,800
2024 $1,164 $19,260 $460 $18,800
2023 $1,113 $16,800 $490 $16,310
2022 $1,315 $14,260 $370 $13,890
2021 $1,356 $14,670 $380 $14,290
2020 $1,292 $14,020 $310 $13,710
2019 $1,295 $14,020 $310 $13,710
2018 $1,223 $13,930 $290 $13,640
2017 $1,230 $13,930 $290 $13,640
2016 $704 $8,910 $250 $8,660
2015 $701 $8,910 $250 $8,660
2014 $740 $9,190 $200 $8,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 881654

IRES MLS

APN: R0198094