NOT LISTED FOR SALE

1118 13th St Greeley, CO 80631

Estimated Value: $382,000 - $473,000

6 Beds
3 Baths
3,122 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $425,000 $136 Per Sq Ft

Current estimated payment $2,472/month

12 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Ceiling Fan
  • Cottage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of April 2024

Investment property located in the vibrant city of Greeley, offering an attractive opportunity for generating passive income. This triplex is situated close to local dining and entertainment hotspots and boasts a spacious lot and versatile living spaces. The front bungalow is split into two units. The main level is a charming three-bedroom, one-bath unit. The basement unit has two bedrooms and one bath. The third unit is a stand-alone one-bedroom, one-bath cottage. There is ample parking and outdoor space for residents to enjoy. An additional 2 car detached garage can be rented for additional cash flow. All units are tenant-occupied, so you will have income flowing in immediately. Two of the tenants are on month-to-month leases and all tenants wish to stay. Landlord pays for property taxes for all units and utilities for main house. Tenant pays for utilities in the additional house.

Last Agent to Sell the Property

Amanda Unrein

Kittle Real Estate Listed on: 03/25/2024

Last Buyer's Agent

Amanda Unrein

Kittle Real Estate Listed on: 03/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,697

Year Built

  • Built in 1925

Lot Details

  • 0.27 Acre Lot

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,122 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R3057486

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Greeley Subdivision

Building Details

  • Gross Income $36,900
  • Net Operating Income $28,568

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,697

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: Greeley
  • Architectural Style: Cottage/Bung, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3122
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family, Additional Units
  • Private Spa: No
  • Appliances: Some Appliances
  • Has Basement: Full, Partially Finished
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel Energy
  • Heating: Forced Air, 2 or more Heat Sources, Individual Heat Source
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural 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: Heath

Lot Info

  • Zoning: R-H
  • Lot Size Sq Ft: 11875
  • Parcel #: R3057486
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2697

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36900
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 8331.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 10, 2024
Sold by
Zundel Barbara
Bought by
Granados Mauricio Enrique and Benitez Miguel Angel
Seller's Agent
Amanda Unrein
Kittle Real Estate
Buyer's Agent
Amanda Unrein
Kittle Real Estate
List Price
$408,000
Sold Price
$425,000
Premium/Discount to List
$17,000
4.17%
Views
35
Current Estimated Value
$426,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,396
Avg. Annual Appreciation
0.21%

Purchase Details

Closed on
Nov 18, 2005
Sold by
Zundel Dwight and Zundel Barbara
Bought by
Zundel Dwight J and Zundel Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2002
Sold by
Zundel Dwight
Bought by
Zundel Dwight and Zundel Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,700
Interest Rate
6.05%

Purchase Details

Closed on
Feb 12, 1999
Sold by
Thompson Cynthia and Smith Matthew R
Bought by
Zundel Dwight

Purchase Details

Closed on
May 1, 1997
Sold by
Robert Smith F and Robert Barbara A
Bought by
Thompson Cynthia J and Smith Matthew R

Purchase Details

Closed on
Dec 28, 1984
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
Granados Mauricio Enrique $425,000 First American Title
Zundel Dwight J -- Land Title Guarantee Company
Zundel Dwight -- --
Zundel Dwight $133,000 --
Thompson Cynthia J -- --
-- -- --
Smith F Robert F $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zundel Dwight J $126,500
Previous Owner Zundel Dwight $103,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $425,000 +4.2% $136 / Sq Ft
03/28/2024 03/28/24 For Sale $408,000 -- $131 / 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 $2,828 $32,960 $5,200 $27,760
2024 $2,828 $32,960 $5,200 $27,760
2023 $2,697 $37,390 $5,620 $31,770
2022 $2,697 $30,930 $4,210 $26,720
2021 $2,782 $31,810 $4,330 $27,480
2020 $2,387 $27,380 $3,570 $23,810
2019 $2,393 $27,380 $3,570 $23,810
2018 $1,491 $18,000 $3,250 $14,750
2017 $1,499 $18,000 $3,250 $14,750
2016 $1,353 $18,290 $2,880 $15,410
2015 $1,348 $18,290 $2,880 $15,410
2014 $786 $10,400 $2,220 $8,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1005685

IRES MLS

APN: R3057486