$406,000
SOLD MAR 15, 2022
4 Beds
3 Baths
2,500 Sq Ft
5,750 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

2% Above List Price

2 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Fence
  • Outdoor Storage
  • High Speed Internet
  • 5-minute walk to Lincoln Park

About This Home

As of March 2022

Incredible Turnkey Income Opportunity! Conveniently located near UNC and Old Town Greeley, this triplex features three units all rented for a total of $2670 through June/July 2022. Great cash flow. Easy to rent, Sellers have never had any unit sit longer than a 1-day turn around. Tenant in Unit #1 has rented for 17 years. New exterior paint in 2019, new water heaters, 2 new refrigerators, new linoleum in 2 bathrooms, new roof in 2014, and updated plumbing and electrical. Please call agent for more information.

Last Agent to Sell the Property

Lysa Johnson

Compass - Boulder Listed on: 02/15/2022

Compass - Boulder

Last Buyer's Agent

Cassie Purdy

eXp Realty - Loveland

eXp Realty - Loveland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 1892

Lot Details

  • 5,750 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Maplewood Elementary School
  • Heath Middle School
  • Northridge High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R3245286

Community Details

Overview

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

Amenities

  • Community Storage Space

Building Details

  • Gross Income $33,600
  • Net Operating Income $28,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,347

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Year Built: 1892
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Greeley City
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2500
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: All Appliances
  • Accessibility Features: Level Lot
  • Has Basement: Partial
  • Total Bedrooms: 4
  • Interior Amenities: High Speed Internet
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Other

Exterior Features

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

Utilities

  • Electric: Electric, 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, Atmos Energy

Condo/Co-op/Association

  • Community Features: Extra Storage
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 5750
  • Parcel #: R3245286
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1347

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33600
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 5111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 15, 2022
Sold by
Tyson Parkhurst Kent
Bought by
K & L Enterprise Llc
Seller's Agent
Lysa Johnson
Compass - Boulder
Buyer's Agent
Cassie Purdy
eXp Realty - Loveland
List Price
$400,000
Sold Price
$406,000
Premium/Discount to List
$6,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.23%
Original Mortgage
$304,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2019
Sold by
Spe 104 Llc
Bought by
3035 Oneal Parkway T 20 Llc

Purchase Details

Listed on
Aug 6, 2018
Closed on
Apr 1, 2019
Sold by
J Properties Llc
Bought by
Spe 104 Llc
Seller's Agent
Kristine Woody
Kristine K Woody
Buyer's Agent
Braxton Thomas
RE/MAX Alliance-FTC South
List Price
$345,000
Sold Price
$313,000
Premium/Discount to List
-$32,000
-9.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Dec 20, 2012
Sold by
Woody Kristine K and Woody James T
Bought by
J Properties Llc

Purchase Details

Closed on
Aug 4, 1997
Sold by
Sager George A
Bought by
Woody James T and Woody Kristine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
9.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 3, 1992
Sold by
Yoder Nancy A and Yoder John D
Bought by
Sager George A

Purchase Details

Closed on
Apr 5, 1979
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Quit Claim Deed -- New Title Company Name
Warranty Deed $406,000 Land And Title
Quit Claim Deed -- Land Title Guarantee Co
Warranty Deed $300,000 First American
Warranty Deed -- None Available
Warranty Deed $94,000 --
Deed $35,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $304,500 New Conventional
Previous Owner $91,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $425,000 +4.7% $211 / Sq Ft
06/13/2022 06/13/22 Off Market $406,000 -- --
03/15/2022 03/15/22 Sold $406,000 +1.5% $162 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $400,000 +27.8% $160 / Sq Ft
08/01/2019 08/01/19 Off Market $313,000 -- --
04/01/2019 04/01/19 Sold $313,000 0.0% $125 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/31/2019 03/31/19 Off Market $313,000 -- --
01/26/2019 01/26/19 Pending -- -- --
10/31/2018 10/31/18 Price Changed $319,000 -7.5% $128 / Sq Ft
08/06/2018 08/06/18 For Sale $345,000 -- $138 / 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 $1,731 $21,380 $2,520 $18,860
2024 $1,731 $21,380 $2,520 $18,860
2023 $1,651 $24,330 $2,720 $21,610
2022 $1,779 $20,400 $2,130 $18,270
2021 $1,876 $21,450 $2,240 $19,210
2020 $1,347 $15,450 $1,670 $13,780
2019 $1,350 $15,450 $1,670 $13,780
2018 $928 $11,200 $1,410 $9,790
2017 $933 $11,200 $1,410 $9,790
2016 $667 $9,010 $870 $8,140
2015 $664 $9,010 $870 $8,140
2014 $646 $8,550 $760 $7,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 959072

IRES MLS

APN: R3015186