NOT LISTED FOR SALE

1128 10th St Greeley, CO 80631

Estimated Value: $500,000 - $551,000

5 Beds
3 Baths
3,824 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $461,000 $121 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,988/month

3 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Cottage
  • Main Floor Bedroom
  • No HOA
  • Brick Veneer

About This Home

As of June 2021

Incredible triplex close to UNC and downtown, this is an excellent investment opportunity. All units are currently rented for a total of $2,900 per month. Each unit has its own entrance that is accessible from enclosed back staircase that is inside the dwelling. The property was 100% remodeled in 2011 and each unit has its own washer and dryer, dishwasher, microwave, refrigerator, and range/oven. Tenants pay all electricity, gas and water. Owner pays trash ($824 per year) and common area maintenance (approximately $750 per year). Well maintained and units are always rented. Detached garage, large driveway and corner lot (offers tons of parking) and excellent yard space complete this fantastic investment opportunity.

Last Agent to Sell the Property

Matt Nesbitt

Group Mulberry Listed on: 04/29/2021

Group Mulberry

Last Buyer's Agent

Linda Nehls

RE/MAX of Boulder, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1924

Lot Details

  • 6,500 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Corner Lot
  • Level Lot

Home Design

  • Cottage
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,824 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Wall Furnace
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R3035086

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Greeley City Subdivision

Building Details

  • Gross Income $34,800
  • Net Operating Income $28,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,909

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Greeley City
  • Architectural Style: Cottage/Bung
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Legal Conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3824
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: 2 or more H20 Heaters, Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 5
  • Flooring: Wood Floors
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Corner Lot, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Xcel
  • Heating: Forced Air, Baseboard, 2 or more Heat Sources, Wall Furnace
  • Utilities: Natural Gas Available, Electricity Available, Cable 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

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: RH
  • Lot Size Sq Ft: 6500
  • Parcel #: R3035086
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1909

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 34800
  • Annual Operating Expense: 6467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 11, 2021
Sold by
L5 Holdings Llc
Bought by
Parker Jennifer Marson
Seller's Agent
Matt Nesbitt
Group Mulberry
Buyer's Agent
Linda Nehls
RE/MAX of Boulder, Inc
List Price
$425,000
Sold Price
$461,000
Premium/Discount to List
$36,000
8.47%
Current Estimated Value
$527,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,685
Avg. Annual Appreciation
3.13%
Original Mortgage
$337,500
Outstanding Balance
$305,564
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$222,121

Purchase Details

Closed on
Mar 2, 2018
Sold by
Henricksen Michael C and Luedtke Daniel G
Bought by
L5 Holdings Llc

Purchase Details

Closed on
Dec 20, 2017
Sold by
Henrickesn Micahel C and Henrickesn Judith
Bought by
Henricksen Micahel C and Luedtke Daniel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2016
Closed on
Oct 31, 2016
Sold by
Otero Jessie M and Otero Laurie C
Bought by
Henricksen Michael C and Henricksen Judith
Seller's Agent
Karla VanDenBerg
Group Centerra
Buyer's Agent
Matt Nesbitt
Group Mulberry
List Price
$295,000
Sold Price
$311,000
Premium/Discount to List
$16,000
5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$233,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 11, 2011
Sold by
Palmer M H
Bought by
Otero Jessie M and Otero Laurie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2009
Sold by
Us Bank National Association
Bought by
Palmer M H

Purchase Details

Closed on
Apr 17, 2008
Sold by
Miller Danny L and Miller Hannah T
Bought by
U S Bank Na

Purchase Details

Closed on
Mar 4, 2008
Sold by
Us Bank National Association
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 9, 2007
Sold by
Miller Danny L and Miller Hannah T
Bought by
1025 14Th Street Llc

Purchase Details

Closed on
Jun 30, 2006
Sold by
Amendola Leonard F
Bought by
Miller Danny L and Miller Hannah T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
9.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2000
Sold by
Amendola Leonard F
Bought by
Amendola Apartments Llc
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
Parker Jennifer Marson $461,000 Guaranteed Title Group Llc
L5 Holdings Llc -- None Available
Henricksen Micahel C -- First American Title
Henricksen Michael C $311,000 The Group Guaranteed Title
Otero Jessie M $155,000 Tggt
Palmer M H $78,000 None Available
U S Bank Na -- None Available
Us Bank National Association -- None Available
1025 14Th Street Llc -- None Available
Miller Danny L $215,000 Stewart Title Of Colorado
Amendola Leonard F -- Stewart Title Of Colorado
Amendola Apartments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Jennifer Marson $337,500
Previous Owner Henricksen Micahel C $229,000
Previous Owner Henricksen Michael C $233,000
Previous Owner Otero Jessie M $124,000
Previous Owner Miller Danny L $199,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2021 09/09/21 Off Market $461,000 -- --
06/11/2021 06/11/21 Sold $461,000 +8.5% $121 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $425,000 +36.7% $111 / Sq Ft
01/28/2019 01/28/19 Off Market $311,000 -- --
10/31/2016 10/31/16 Sold $311,000 +5.4% $110 / Sq Ft View Prior Sale
10/01/2016 10/01/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $295,000 -- $104 / 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 $2,377 $28,900 $2,840 $26,060
2024 $2,377 $28,900 $2,840 $26,060
2023 $2,267 $32,020 $2,640 $29,380
2022 $2,224 $25,500 $2,210 $23,290
2021 $2,344 $26,810 $2,320 $24,490
2020 $1,909 $21,900 $1,860 $20,040
2019 $1,914 $21,900 $1,860 $20,040
2018 $1,741 $21,020 $1,870 $19,150
2017 $1,750 $21,020 $1,870 $19,150
2016 $1,214 $16,410 $1,810 $14,600
2015 $1,210 $16,410 $1,810 $14,600
2014 $1,054 $13,950 $1,810 $12,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 939035

IRES MLS

APN: R3035086