NOT LISTED FOR SALE
8 Beds
4 Baths
3,876 Sq Ft
7,235 Sq Ft Lot

Sale Details

Date Sold: September 25, 2023

Last sale price $869,000 $224 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • High Speed Internet
  • Longmont High School Rated A-
  • Forced Air Heating System
  • East Facing Home

About This Home

As of September 2023

Solid investment opportunity in the heart of Longmont. 4 plex, all 2 bedroom, 1 bathroom. Fully Rented out. Close to schools, bus, shopping & parks.

Last Agent to Sell the Property

Chris Martinez

RE/MAX Alliance-Longmont Listed on: 07/21/2023

Last Buyer's Agent

Chris Martinez

RE/MAX Alliance-Longmont Listed on: 07/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,654

Year Built

  • Built in 1985

Lot Details

  • 7,235 Sq Ft Lot
  • East Facing Home
  • Level Lot
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,876 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Mountain View Elementary School
  • Longs Peak Middle School
  • Longmont High School

Utilities

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

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer
  • Assessor Parcel Number R0047714

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Yeager Point Subdivision

Building Details

  • Gross Income $52,560
  • Net Operating Income $43,218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,654

Year Built

Built in 1985

Lot Details

7,235 Sq Ft Lot

Listing Details

  • Year Built: 1985
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Yeager Point
  • Unit Levels: Bi-Level, Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3876
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Microwave
  • Has Basement: None
  • Total Bedrooms: 8
  • Interior Amenities: High Speed Internet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: East
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Longmont
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Mountain View
  • HighSchool: Longmont
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Longs Peak

Lot Info

  • Zoning: R2
  • Lot Size Sq Ft: 7235
  • Parcel #: R0047714
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3654

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 52560
  • Income Includes: ["Lease/Rents"]

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Sep 25, 2023
Sold by
Bought by
Seller's Agent
Chris Martinez
RE/MAX Alliance-Longmont
Buyer's Agent
Chris Martinez
RE/MAX Alliance-Longmont
List Price
$850,000
Sold Price
$869,000
Premium/Discount to List
$19,000
2.24%
Views
17

Purchase Details

Closed on
Oct 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0595%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
0.0784%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 1992
Bought by

Purchase Details

Closed on
Sep 11, 1986
Bought by

Purchase Details

Closed on
Oct 16, 1985
Bought by
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

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 Buyer Sale Price Title Company
$869,000 Land Title
$390,000 First American Heritage Titl
$320,000 --
-- --
$184,000 --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $200,000
Closed $240,000
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
09/25/2023 09/25/23 Sold $869,000 +2.2% $224 / Sq Ft
07/21/2023 07/21/23 For Sale $850,000 -- $219 / 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 $5,122 $53,081 $13,104 $39,977
2025 $5,122 $53,081 $13,104 $39,977
2024 $4,918 $48,788 $12,044 $36,744
2023 $4,851 $51,409 $13,929 $41,165
2022 $3,654 $36,924 $10,404 $26,520
2021 $3,783 $38,825 $10,940 $27,885
2020 $4,035 $41,542 $10,940 $30,602
2019 $3,972 $41,542 $10,940 $30,602
2018 $3,201 $33,696 $9,792 $23,904
2017 $3,157 $37,253 $10,826 $26,427
2016 $2,979 $31,171 $9,472 $21,699
2015 $2,839 $23,506 $7,721 $15,785
2014 $2,196 $23,506 $7,721 $15,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE992764

IRES MLS

APN: 1205-33-1-07-018

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