NOT LISTED FOR SALE

1227 12th Ave Unit 1-3 Greeley, CO 80631

Estimated Value: $496,000 - $640,252

11 Beds
3 Baths
4,108 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $404,900 $99 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,074/month

5 Days on Market

About This Home

As of March 2018

Great history and fully leased. Room for rent improvement, longterm tenants. Basement has two entrances, Main floor extremly spacious. Very little on the market, don't miss out on this one! Happily managed by 365 Real Property Management.

Last Agent to Sell the Property

Brian Franzen

eXp - Greeley Listed on: 01/25/2018

eXp - Greeley

Last Buyer's Agent

Timmy Duggan

RE/MAX of Boulder, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 1926

Lot Details

  • 3,915

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,108 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Bathrooms

Schools

  • Maplewood Elementary School
  • Franklin Middle School
  • Northridge High School

Additional Features

  • 3,915 Sq Ft Lot
  • Mineral Rights Excluded
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R3053986

Community Details

Overview

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

Building Details

  • Gross Income $45,396
  • Net Operating Income $36,385

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,111

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: Greeley City
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4108
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 11
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Mineral Rights Excluded
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 3915
  • Parcel #: R3053986
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1111

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 45396
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2018
Closed on
Mar 9, 2018
Sold by
Granof Joshua
Bought by
Ela Llc
Seller's Agent
Brian Franzen
eXp - Greeley
Buyer's Agent
Timmy Duggan
RE/MAX of Boulder, Inc
List Price
$404,900
Sold Price
$404,900
Current Estimated Value
$543,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,255
Avg. Annual Appreciation
4.82%
Original Mortgage
$245,000
Outstanding Balance
$210,538
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$369,775

Purchase Details

Listed on
Jan 25, 2018
Closed on
Feb 23, 2018
Sold by
Granof Joshua and Granof Carla Maire
Bought by
Granof Joshua
Seller's Agent
Brian Franzen
eXp - Greeley
Buyer's Agent
Timmy Duggan
RE/MAX of Boulder, Inc
List Price
$404,900
Sold Price
$404,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$210,538
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$369,775

Purchase Details

Closed on
Aug 9, 2013
Sold by
Haldane Jayne K and Duffy Heather S
Bought by
Granof Joshua and Granof Carla Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2004
Sold by
Ainsworth Roger and Ainsworth Patricia
Bought by
Duffy Heather S and Haldane Jayne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 4, 2000
Sold by
Roth Donald A and Roth Marie Judy
Bought by
Ainsworth Roger and Ainsworth Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,875
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 3, 1991

Purchase Details

Closed on
Oct 2, 1980
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
Ela Llc $404,900 Fidelity National Title
Granof Joshua -- Fidelity National Title
Granof Joshua $150,000 North Amer Title Co Of Co
Duffy Heather S $260,000 --
Ainsworth Roger $172,500 Stewart Title
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ela Llc $245,000
Previous Owner Granof Joshua $112,500
Previous Owner Duffy Heather S $115,000
Previous Owner Ainsworth Roger $163,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $404,900 -- --
03/09/2018 03/09/18 Sold $404,900 0.0% $99 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $404,900 -- $99 / 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 $2,701 $30,610 $1,710 $28,900
2024 $2,701 $30,610 $1,710 $28,900
2023 $2,576 $35,870 $1,850 $34,020
2022 $2,787 $31,960 $1,360 $30,600
2021 $2,939 $33,610 $1,430 $32,180
2020 $2,681 $30,760 $1,180 $29,580
2019 $2,688 $30,760 $1,180 $29,580
2018 $1,545 $18,660 $1,070 $17,590
2017 $1,554 $18,660 $1,070 $17,590
2016 $1,111 $15,010 $950 $14,060
2015 $1,106 $15,010 $950 $14,060
2014 $1,117 $14,790 $730 $14,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 840344

IRES MLS

APN: R3053986