NOT LISTED FOR SALE
3 Beds
1 Bath
4,180 Sq Ft
5,000 Sq Ft Lot

Sale Details

Date Sold: June 24, 2024

Last sale price $779,000 $186 Per Sq Ft

70 Days on Market

Highlights

  • City View
  • Balcony
  • Baseboard Heating
  • No HOA
  • Brick Veneer
  • Laundry Facilities

About This Home

As of June 2024

LC Real Estate Group is pleased to present the opportunity to purchase the Magnolia, a six unit apartment building in Greeley, CO. The apartments are conveniently located within minutes from Downtown Greeley and the University of Northern CO with easy access to the rest of Greeley one block from 8th Ave./St Hwy 85 BUS. Desirable unit mix of two 2 Bedroom, 1 Bath and four 3 Bedroom, 1 Bath Units. Property renovated including updated facade, landscaping, interior updates.

Last Agent to Sell the Property

Dallas Landry

LC Real Estate Group, LLC License #100068191 Listed on: 04/15/2024

Co-Listed By

Wayne Lewis

LC Real Estate Group, LLC License #40043311

Last Buyer's Agent

Wesley Perry

CBRE Inc License #100091594

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,438

Year Built

  • Built in 1902

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Property Attached
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,180 Sq Ft Home
  • 2-Story Property
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Dishwasher

Schools

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

Additional Features

  • Balcony
  • Mineral Rights
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, water, sewer
  • Assessor Parcel Number R3248186

Community Details

Overview

  • No Home Owners Association
  • Association fees include trash
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $77,652
  • Net Operating Income $54,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,438

Year Built

Built in 1902

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Year Built: 1902
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 8LMHS
  • Subdivision Name: None
  • Directions: Form I-25 Exit 257 (US Hwy 34) toward Greeley. After 6.8 mi take the US-34 BUS exit, and continue on US -34 BUS E. turning right onto 7th Ave. Drive approx. 3 1/2 blocks. Property is between 13th and 14th St. on the east side of the street.
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4180
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: Full, 90%+ Finished Basement
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Mineral Rights Included, Level
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Balcony
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel Energy
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Common Area
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Atmos Energy

Condo/Co-op/Association

  • HOA Fee Includes: Trash
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: C-H
  • Lot Size Sq Ft: 5000
  • Parcel #: R3248186
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Water, Sewer

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4438

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 77652
  • Income Includes: ["Lease/Rents","Common Area Fees","Laundry"]
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $779,000 -0.8% $186 / Sq Ft
04/15/2024 04/15/24 For Sale $785,000 -- $188 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,389 $47,530 $2,160 $45,370
2025 $3,962 $48,070 $2,190 $45,880
2024 $3,962 $48,070 $2,190 $45,880
2023 $3,778 $50,900 $2,370 $48,530
2022 $3,522 $40,390 $1,700 $38,690
2021 $3,714 $42,470 $1,790 $40,680
2020 $2,057 $23,600 $1,360 $22,240
2019 $2,063 $23,600 $1,360 $22,240
2018 $894 $10,790 $1,040 $9,750
2017 $808 $9,700 $1,040 $8,660
2016 $548 $11,580 $600 $10,980
2015 $124 $1,680 $600 $1,080
2014 $120 $1,590 $510 $1,080
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: IRE1007218

IRES MLS
Your Personal Tour Guide

Ask me questions while you tour the home.