NOT LISTED FOR SALE
3 Beds
2 Baths
2,444 Sq Ft
0.3 Acres

Last Sold March 02, 2023

Last sale price $350,000 $143 Per Sq Ft

182 Days on Market

Highlights

  • Corner Lot
  • Double Pane Windows
  • Baseboard Heating
  • No HOA
  • Accessible Approach with Ramp
  • 2-minute walk to Swanson Kiwanis Park

About This Home

As of March 2023

Situated on a large corner lot lot, this 4-plex is fully leased and ready for a new owner. Mature trees shade the home with tons of parking in the back. This is currently a 4.6 cap rate with a value add opportunity to improve the property and increase rents. Located near downtown Greeley, close to shopping, restaurants and parks.

Last Agent to Sell the Property

The Billings Team

Group Mulberry Listed on: 07/29/2022

Co-Listed By

Lexi Lowrance

Group Harmony

Last Buyer's Agent

Callie Hood

Four Peaks Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,588

Year Built

  • Built in 1890

Lot Details

  • 0.3 Acre Lot
  • South Facing Home
  • Corner Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Partial Basement
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Accessible Approach with Ramp

Schools

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

Utilities

  • Baseboard Heating
  • Propane

Listing and Financial Details

  • Assessor Parcel Number R3006086

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Camerons Subdivision

Building Details

  • Gross Income $35,400
  • Net Operating Income $20,501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,588

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.3
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 9GRPN
  • Subdivision Name: Camerons
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2444
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Refrigerator
  • Accessibility Features: Accessible Approach with Ramp, Level Lot
  • Has Basement: Partial
  • Total Bedrooms: 3
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: South
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Baseboard
  • Utilities: Electricity Available, Propane
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: Multi
  • Lot Size Sq Ft: 12989
  • Parcel #: R3006086
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2588

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 35400
  • Income Includes: ["Lease/Rents"]

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2023 03/02/23 Sold $350,000 0.0% $143 / Sq Ft
01/23/2023 01/23/23 Price Changed $350,000 -13.6% $143 / Sq Ft
11/18/2022 11/18/22 Price Changed $405,000 -6.9% $166 / Sq Ft
07/29/2022 07/29/22 For Sale $435,000 -- $178 / 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 $3,055 $35,290 $5,680 $29,610
2024 $3,055 $35,290 $5,680 $29,610
2023 $2,913 $40,080 $6,150 $33,930
2022 $2,455 $28,150 $4,810 $23,340
2021 $2,588 $29,600 $5,060 $24,540
2020 $2,286 $26,220 $3,760 $22,460
2019 $2,292 $26,220 $3,760 $22,460
2018 $1,461 $17,640 $3,180 $14,460
2017 $1,469 $17,640 $3,180 $14,460
2016 $916 $12,380 $1,970 $10,410
2015 $913 $12,380 $1,970 $10,410
2014 $709 $9,380 $1,730 $7,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 972204

IRES MLS

APN: 0961-06-4-17-005