NOT LISTED FOR SALE

Estimated Value: $755,804 - $1,046,000

5 Beds
13 Baths
5,240 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $290,000 $55 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $5,248/month

70 Days on Market

Highlights

  • No HOA
  • Air Conditioning
  • Forced Air Heating System
  • Brick Veneer

About This Home

As of July 2012

7-unit apartment property 1 block from the UNC campus.6-plex was built in 1963. 2 bedroom, 1 bath units. Current rents at $425/month. Two-story home on property rents for $800/month. One off-street parking space available per unit plus a carport for the single-family residence. Currently 100% leased. Ideal location. Tenants pay gas and electric.

Last Agent to Sell the Property

Don Tennessen

Group Centerra Listed on: 04/09/2012

Group Centerra

Last Buyer's Agent

Joanne Eskildsen

Joanne Eskildsen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1900

Lot Details

  • 9,500 Sq Ft Lot
  • Sprinkler System

Home Design

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

Interior Spaces

  • 5,240 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 13 Bathrooms

Schools

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

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R3275186

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Cranford Subdivision

Building Details

  • Gross Income $38,190
  • Net Operating Income $24,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Subdivision Name: Cranford
  • Directions: From 11th Avenue - East on 15th Street - South on 10th Avenue to property
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5240
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 5
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, Greeley
  • Gas Company: Natural Gas, Atmos

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: RH
  • Lot Size Sq Ft: 9500
  • Parcel #: R3275186
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2000

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 38190
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 13240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jul 31, 2012
Sold by
Noel Idella M
Bought by
St Joseph Properties Llc
Seller's Agent
Don Tennessen
Group Centerra
Buyer's Agent
Joanne Eskildsen
Joanne Eskildsen
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%
Current Estimated Value
$874,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,601
Avg. Annual Appreciation
8.80%
Original Mortgage
$217,507
Interest Rate
5.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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
St Joseph Properties Llc $290,000 Tggt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Joseph Properties Llc $427,500
Closed St Joseph Properties Llc $337,500
Closed St Joseph Properties Llc $217,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $290,000 -- --
07/31/2012 07/31/12 Sold $290,000 -7.9% $55 / Sq Ft
07/01/2012 07/01/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $315,000 -- $60 / 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 $5,901 $73,980 $4,160 $69,820
2024 $5,901 $73,980 $4,160 $69,820
2023 $5,627 $73,970 $4,500 $69,470
2022 $4,920 $56,420 $3,290 $53,130
2021 $5,176 $59,190 $3,460 $55,730
2020 $4,444 $50,980 $2,850 $48,130
2019 $4,456 $50,980 $2,850 $48,130
2018 $2,489 $30,050 $2,600 $27,450
2017 $2,502 $30,050 $2,600 $27,450
2016 $2,291 $30,970 $2,310 $28,660
2015 $2,283 $30,970 $2,310 $28,660
2014 $1,772 $23,460 $1,780 $21,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 677760

IRES MLS

APN: R3275186