NOT LISTED FOR SALE

1612 Green Place Unit 1618 Longmont, CO 80501

Sunset Neighborhood
11 Beds
7 Baths
6,250 Sq Ft
0.37 Acres

Last Sold October 20, 2017

Last sale price $775,000 $124 Per Sq Ft

2 Days on Market

Highlights

  • 0.37 Acre Lot
  • Open Floorplan
  • Wooded Lot
  • Central Elementary School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of October 2017

Solid four-plex investment opportunity on SW edge of Old Town Longmont, built 1977 close to downtown, located on a quiet cul-de-sac with eight off street parking spaces. Each spacious unit has a garden level basement, A/C and a yard area. Three units each have a private storage shed. New roof in 2014, beautifully landscaped with new sprinkler system, mature trees. Units 1616 and 1618 have significant recent upgrades. Solid rental history for all units. NextLight high-speed internet available.

Last Agent to Sell the Property

Martin Sugg

WK Real Estate Listed on: 09/18/2017

WK Real Estate

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,636

Year Built

  • Built in 1977

Lot Details

  • 0.37 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Sprinkler System
  • Wooded Lot

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 6,250 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Double Pane Windows
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Finished Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

  • Central Elementary School
  • Westview Middle School
  • Longmont High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0062274

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cottonwood Subdivision

Building Details

  • Gross Income $65,000
  • Net Operating Income $50,283

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,636

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.37
  • Road Frontage Type: City Street
  • Subdivision Name: Cottonwood
  • Directions: 3rd Ave to Vivian, South on Vivian. Right on Green Place.
  • Unit Levels: Bi-Level, Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Has Basement: 50%+Finished Basement, Daylight, Sump Pump
  • Total Bedrooms: 11
  • Entry Location: Outside Entry
  • Interior Amenities: High Speed Internet, Cathedral/Vaulted Ceilings, Open Floorplan, Outside Entry
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Lawn Sprinkler System, Cul-De-Sac, Wooded
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Central
  • HighSchool: Longmont
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Westview

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 16110
  • Parcel #: R0062274
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Trash Collection

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3636

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 65000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 14717

Range of Values:

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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 Change Sq Ft Price
01/28/2019 01/28/19 Off Market $775,000 -- --
01/28/2019 01/28/19 Off Market $525,000 -- --
10/20/2017 10/20/17 Sold $775,000 -6.1% $124 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $825,000 +57.1% $132 / Sq Ft
05/14/2014 05/14/14 Sold $525,000 0.0% $84 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $525,000 -- $84 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 832606

IRES MLS

APN: 1315-04-4-15-002