NOT LISTED FOR SALE

Estimated Value: $545,000 - $626,670

8 Beds
4 Baths
3,024 Sq Ft
$192/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $490,000 $162 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,132/month

9 Days on Market

Highlights

  • City View
  • No HOA
  • Forced Air Heating System
  • Contemporary Architecture
  • Enclosed Patio or Porch
  • East Facing Home

About This Home

As of October 2020

PRIME DOWNTOWN GREELEY LOCATION Beautiful 2-Story built in 1900, exceptional upkeep, Basement is 2-beds, 1-bath, Main floor is 3-beds, 1 bath and Upper is 3-beds, 2-baths, 2 Gas meters, 2 Electric meters, 1-car detached garage, privacy fenced, enclosed front porch, some hardwood floors, tankless hot water heater, automatic sprinklers in front only. Looking for a TRUE 9.5% Cap Rate, LOOK NO FURTHER. Income Projected Only, Expenses are Actual.

Last Agent to Sell the Property

Matthew Revitte

Pro Realty Old Town Listed on: 09/15/2020

Last Buyer's Agent

Tanja Nelson

Next Chapter Real Estate CO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1900

Lot Details

  • 6,120 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • City Views
  • Finished Basement
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Enclosed Patio or Porch
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R3052486

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Greeley Subdivision

Building Details

  • Gross Income $62,964
  • Net Operating Income $46,593

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,900

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Greeley
  • Directions: 13th Street West. Right on 13th Avenue to Property.
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3024
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Partial, 90%+ Finished Basement
  • Total Bedrooms: 8
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: East
  • Patio And Porch Features: Enclosed
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, 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: R-H
  • Lot Size Sq Ft: 6120
  • Parcel #: R3052486
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1900

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 62964

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Swanson Shirley K
Bought by
Swanson Shirley K and Blaske Carrie K
Current Estimated Value
$556,803

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 26, 2020
Sold by
Chiniquy Margaret
Bought by
Hassa Christopher L
Seller's Agent
Matthew Revitte
Pro Realty Old Town
Buyer's Agent
Tanja Nelson
Next Chapter Real Estate CO
List Price
$489,913
Sold Price
$490,000
Premium/Discount to List
$87
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$437,142
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
May 29, 2018
Sold by
Greeley Properties Llc
Bought by
Chiniuy Margaret

Purchase Details

Closed on
Mar 21, 2016
Sold by
Chiniquy Ronald P
Bought by
Chiniquy Margaret

Purchase Details

Listed on
Feb 24, 2012
Closed on
Apr 6, 2012
Sold by
Bank Of America Na
Bought by
Chiniguy Ron
Seller's Agent
Matthew Revitte
Pro Realty Old Town
Buyer's Agent
Tammy Woods
NoCo Property Connections
List Price
$67,900
Sold Price
$70,000
Premium/Discount to List
$2,100
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%

Purchase Details

Closed on
Jan 9, 2012
Sold by
Rainville Betsy P
Bought by
Bank Of America Na

Purchase Details

Closed on
May 10, 2006
Sold by
Rainville Betsy P
Bought by
1227 13Th Avenue Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 24, 2006
Sold by
Evergreen Eagle Enterprises
Bought by
Tdf Funding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 19, 2000
Sold by
Diershow William E
Bought by
Glass Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,375
Interest Rate
7.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 2, 1999
Sold by
Hoyman Timothy D and Hoyman Barbara
Bought by
Diershow William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.06%

Purchase Details

Closed on
Sep 6, 1996
Sold by
Hoyman Timothy D and Hoyman Dale Timothy
Bought by
Hoyman Timothy D and Hoyman Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8.24%

Purchase Details

Closed on
Feb 18, 1995

Purchase Details

Closed on
Jul 14, 1992
Sold by
Hoyman John and Hoyman Dorothy
Bought by
Hoyman Timothy Dale and Hoyman Katherin

Purchase Details

Closed on
Nov 6, 1981
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swanson Shirley K -- None Listed On Document
Hassa Christopher L $490,000 Unified Title Company
Chiniuy Margaret -- None Available
Greeley Properties Llc -- None Available
Chiniquy Margaret -- None Available
Chiniguy Ron $70,000 Stewart Title
Bank Of America Na -- None Available
1227 13Th Avenue Land Trust -- None Available
Rainville Betsy P $360,000 Stewart Title
Tdf Funding Corp $337,000 Stewart Title Of Denver
Evergreen Eagle Enterprises $315,000 Stewart Title
Glass Thomas A $125,500 --
Diershow William E $95,000 Universal Land Title Colorad
Hoyman Timothy D -- --
-- -- --
Hoyman Timothy Dale $42,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hassa Christopher L $437,142
Previous Owner Rainville Betsy P $252,000
Previous Owner Tdf Funding Corp $252,000
Previous Owner Glass Thomas A $109,375
Previous Owner Diershow William E $76,000
Previous Owner Hoyman Timothy D $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2021 01/27/21 Off Market $490,000 -- --
10/27/2020 10/27/20 Sold $490,000 0.0% $162 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $489,913 +599.9% $162 / Sq Ft
05/03/2020 05/03/20 Off Market $70,000 -- --
04/12/2012 04/12/12 Sold $70,000 +3.1% $23 / Sq Ft View Prior Sale
03/13/2012 03/13/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $67,900 -- $22 / 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 $2,636 $29,420 $2,680 $26,740
2024 $2,636 $29,420 $2,680 $26,740
2023 $2,513 $35,100 $2,900 $32,200
2022 $2,609 $29,920 $2,120 $27,800
2021 $2,751 $31,460 $2,230 $29,230
2020 $1,841 $21,120 $1,840 $19,280
2019 $1,846 $21,120 $1,840 $19,280
2018 $1,370 $16,540 $1,670 $14,870
2017 $1,377 $16,540 $1,670 $14,870
2016 $1,432 $19,350 $1,490 $17,860
2015 $1,426 $19,350 $1,490 $17,860
2014 $893 $11,820 $1,140 $10,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE924110

IRES MLS

APN: R3052486