NOT LISTED FOR SALE

1601 11th Ave Unit 1-4 Greeley, CO 80631

Cranford Neighborhood

Estimated Value: $602,000 - $655,000

9 Beds
5 Baths
3,541 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 23, 2012

Last sale price $228,600 $65 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $3,516/month

83 Days on Market

Highlights

  • Carriage House
  • Corner Lot
  • Balcony
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of May 2012

Potential 4 units in the main student rental area. 5 bed 2 bath unit and 2 bed 1 bath basement unit are nicly renovated. 2 additional studio apartments are in different stages of construction (one in main home and one is separate carriage house). Large new cement off street parking. Beautiful wrap around porch. Price reflects current condition. New furnaces. New Landscaping. Updated electric.

Last Agent to Sell the Property

Mark Despain

8z Real Estate Listed on: 01/19/2012

8z Real Estate

Last Buyer's Agent

Jennifer McGrath

Orchard Brokerage LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,658

Year Built

  • Built in 1898

Lot Details

  • 8,940 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Home Design

  • Carriage House
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,541 Sq Ft Home
  • 2-Story Property
  • Bay Window
  • Wood Flooring
  • Attic Fan
  • Eat-In Kitchen
  • Washer and Dryer Hookup
  • Finished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R3157886

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cranfords Subdivision

Building Details

  • Gross Income $2,565
  • Net Operating Income $2,565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,658

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Year Built: 1898
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Cranfords
  • Directions: Highway 34 east to 11th Ave. North on 11th Ave. Property is located on the southwest corner of 11th ave and 16th Street
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3541
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 9
  • Entry Location: Outside Entry
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Outside Entry
  • Window Features: Bay Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting, Balcony
  • Other Structures: Carriage House
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Attic Fan
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of 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: Cameron
  • HighSchool: Greeley Central
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Heath

Lot Info

  • Zoning: R-H
  • Lot Size Sq Ft: 8940
  • Parcel #: R3157886
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2010

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 2565

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2016
Sold by
Smith Grant F
Bought by
Chamburg Proguay Llc
Current Estimated Value
$629,279

Purchase Details

Closed on
Feb 24, 2016
Sold by
Smith Grant F
Bought by
Chambers Progeny Llc

Purchase Details

Closed on
Jun 26, 2014
Sold by
Sime Jeffrey N and Sime Janell A
Bought by
Smith Grant F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2012
Closed on
May 23, 2012
Sold by
Heidbrink Joshua and Heidbrink Pamela
Bought by
Sime Janell A and Sime Jeffrey N
Seller's Agent
Mark Despain
8z Real Estate
Buyer's Agent
Jennifer McGrath
Orchard Brokerage LLC
List Price
$250,000
Sold Price
$228,600
Premium/Discount to List
-$21,400
-8.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$171,450
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2010
Sold by
Fannie Mae
Bought by
Heidbrink Pamela and Heidbrink Richard

Purchase Details

Closed on
Dec 23, 2009
Sold by
Sullivan David
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 14, 2006
Sold by
Sullivan David and Kochevar Lori J
Bought by
Sullivan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 3, 2004
Sold by
Kochevar Lori J
Bought by
Sullivan David and Kochevar Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 26, 1999
Sold by
Salazar and Jolene
Bought by
Kochevar Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,800
Interest Rate
6.89%

Purchase Details

Closed on
May 22, 1997
Sold by
Salazar Efrem
Bought by
Salazar Efrem A and Salazar Jolene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
8%

Purchase Details

Closed on
May 21, 1997
Sold by
Archer Lee C and Archer Judith C
Bought by
Salazar Efrem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
8%

Purchase Details

Closed on
Oct 29, 1993
Sold by
Gray Thomas J Int
Bought by
Archer Lee C and Archer Judith C

Purchase Details

Closed on
Feb 23, 1991

Purchase Details

Closed on
Dec 14, 1982
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chamburg Proguay Llc -- None Available
Chambers Progeny Llc -- None Available
Smith Grant F $300,000 North American Title
Sime Janell A $228,600 Unified Title Company
Heidbrink Pamela $113,604 None Available
Federal National Mortgage Association -- None Available
Sullivan David -- Stewart Title Of Colorado
Sullivan David -- --
Sullivan David -- --
Kochevar Lori J $243,500 Stewart Title
Salazar Efrem A -- --
Salazar Efrem $170,000 --
Archer Lee C $135,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Grant F $225,000
Previous Owner Sime Janell A $171,450
Previous Owner Sullivan David $233,600
Previous Owner Sullivan David $190,000
Previous Owner Kochevar Lori J $194,800
Previous Owner Salazar Efrem A $65,500
Previous Owner Salazar Efrem $104,500
Closed Salazar Efrem A $33,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $228,600 -- --
05/23/2012 05/23/12 Sold $228,600 -8.6% $65 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $250,000 -- $71 / 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 $2,658 $34,450 $4,470 $29,980
2024 $2,658 $34,450 $4,470 $29,980
2023 $2,534 $35,360 $4,840 $30,520
2022 $2,313 $26,520 $3,830 $22,690
2021 $2,439 $27,890 $4,030 $23,860
2020 $2,368 $27,170 $3,520 $23,650
2019 $3,116 $35,650 $3,520 $32,130
2018 $2,253 $27,200 $3,220 $23,980
2017 $2,265 $27,200 $3,220 $23,980
2016 $1,768 $23,890 $2,990 $20,900
2015 $1,761 $23,890 $2,990 $20,900
2014 $1,171 $15,500 $2,880 $12,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 671710

IRES MLS

APN: R3157886