$295,000
SOLD JUN 20, 2014
17 Beds
7 Baths
6,389 Sq Ft
7,640 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

13% Below List Price

174 Days on Market

About This Home

As of June 2014

This is a great opportunity for the investor looking for a hands-off property. The major tenant is a Church group that is responsible for maintaining the property, while paying all of the utilities. Landlord is only responsible for taxes, insurance and a fire sprinkler monitoring service. Flexible use given the location near the University of Northern Colorado.

Last Agent to Sell the Property

Brian Mannlein

Cushman Wakefield Listed on: 10/02/2013

Last Buyer's Agent

Randy Moser

Sears Real Estate

Sears Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1988

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 6,389 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 7 Bathrooms

Schools

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

Additional Features

  • 7,640 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, taxes, trash collection
  • Assessor Parcel Number R3157786

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Cranford Subdivision

Building Details

  • Gross Income $33,600
  • Net Operating Income $29,254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,810

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: Cranford
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 6389
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Has Basement: None
  • Total Bedrooms: 17
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Heating Yn: Yes
  • Water Source: City Water, City
  • Gas Company: Natural Gas

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: Res
  • Lot Size Sq Ft: 7640
  • Parcel #: R3157786
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Taxes, Trash Collection

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33600
  • Annual Operating Expense: 4346

Tax Info

  • Tax Annual Amount: 1810

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
Jul 8, 2014
Sold by
Highland Properties 1514 Llc
Bought by
Water To Wine Llc
Seller's Agent
Brian Mannlein
Cushman Wakefield
Buyer's Agent
Randy Moser
Sears Real Estate
List Price
$339,000
Sold Price
$295,000
Premium/Discount to List
-$44,000
-12.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$236,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 2, 2013
Closed on
Jun 20, 2014
Sold by
Thompson Ronald G
Bought by
Highland Properties 1514 Llc
Seller's Agent
Brian Mannlein
Cushman Wakefield
Buyer's Agent
Randy Moser
Sears Real Estate
List Price
$339,000
Sold Price
$295,000
Premium/Discount to List
-$44,000
-12.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2004
Sold by
Bank Of Choice
Bought by
Thompson Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,969
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 1999
Sold by
C C Construction Llc
Bought by
Greeley Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,616
Interest Rate
8.19%

Purchase Details

Closed on
Nov 4, 1998
Sold by
1St Choice Bank
Bought by
C C Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 21, 1998
Sold by
Twilight Manor Llc
Bought by
1St Choice Bank

Purchase Details

Closed on
Mar 29, 1995
Sold by
Workman Berneita
Bought by
Twilight Manor Llc

Purchase Details

Closed on
Sep 14, 1993

Purchase Details

Closed on
Apr 14, 1988

Purchase Details

Closed on
Apr 6, 1978
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 Type Sale Price Title Company
Special Warranty Deed $295,000 None Available
Special Warranty Deed $295,000 North American Title
Warranty Deed $282,900 --
Quit Claim Deed $210,897 --
Warranty Deed $190,000 --
Warranty Deed $210,000 --
Deed $275,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Closed $481,200 Credit Line Revolving
Closed $236,000 Adjustable Rate Mortgage/ARM
Closed $303,000 Unknown
Previous Owner $258,969 Unknown
Previous Owner $238,500 Unknown
Previous Owner $130,000 Credit Line Revolving
Previous Owner $132,616 No Value Available
Previous Owner $135,000 Seller Take Back
Previous Owner $25,338 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $950,000 +222.0% $91 / Sq Ft
06/24/2021 06/24/21 Off Market $295,000 -- --
06/20/2014 06/20/14 Sold $295,000 -13.0% $46 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
10/02/2013 10/02/13 For Sale $339,000 -- $53 / 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 $4,731 $50,100 $3,820 $46,280
2024 $4,731 $50,100 $3,820 $46,280
2023 $4,429 $59,010 $4,130 $54,880
2022 $4,028 $46,190 $3,270 $42,920
2021 $4,247 $48,570 $3,440 $45,130
2020 $2,432 $27,900 $3,000 $24,900
2019 $2,438 $27,900 $3,000 $24,900
2018 $1,849 $22,320 $2,750 $19,570
2017 $4,832 $22,320 $2,750 $19,570
2016 $1,737 $23,480 $2,550 $20,930
2015 $1,731 $23,480 $2,550 $20,930
2014 $1,667 $22,060 $2,460 $19,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 720994

IRES MLS

APN: R3157786