NOT LISTED FOR SALE

Estimated Value: $311,644 - $339,000

4 Beds
2 Baths
1,200 Sq Ft
$273/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $230,000 $192 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,836/month

18 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Brick Veneer
  • Corner Lot
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of September 2018

Great duplex for sale! Both units 1619+1621 in good condition, fully rented, Zero vacancy rate history for this owner, low maintenance. Large corner lot, Exterior freshly painted, Storage shed included. 1619 rented until December 2018, 1621 on month-to-month. Tenant pays gas/elec, owner pays water/trash. W/D hookups in 1621 for stack-able unit. New roof 2014. Give tenants at least 2 hours notice to show. $3000 seller concession for carpet or landscaping. Room measurements are approximate.

Last Agent to Sell the Property

Dori Workman

Sears Real Estate Listed on: 07/20/2018

Sears Real Estate

Last Buyer's Agent

Kathryn Rau

NextHome Front Range

NextHome Front Range

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $839

Year Built

  • Built in 1960

Lot Details

  • 6,000 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Corner Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

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

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Billie Martinez Elementary School
  • Heath Middle School
  • Northridge High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R2871786

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cowan Sub Subdivision

Building Details

  • Gross Income $19,800
  • Net Operating Income $11,161

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$839

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: COWAN SUB
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1200
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Disposal
  • Accessibility Features: Level Lot, Level Drive
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Fenced, Wood
  • Lot Features: Corner Lot, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Atmos

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: RM
  • Lot Size Sq Ft: 6000
  • Parcel #: R2871786
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 839

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2019
Sold by
Rau Kathryn J
Bought by
Rau Kathryn J and Rau Cameron M
Current Estimated Value
$327,161

Purchase Details

Listed on
Jul 20, 2018
Closed on
Sep 5, 2018
Sold by
Hernandez Martin
Bought by
Rau Kathryn J
Seller's Agent
Dori Workman
Sears Real Estate
Buyer's Agent
Kathryn Rau
NextHome Front Range
List Price
$244,900
Sold Price
$230,000
Premium/Discount to List
-$14,900
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$172,500
Outstanding Balance
$150,120
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$177,041

Purchase Details

Listed on
Aug 4, 2014
Closed on
Sep 12, 2014
Sold by
Kline Karyn K
Bought by
Hernandez Martin
Seller's Agent
Karyn Kline
Kline Realty
Buyer's Agent
Dori Workman
Sears Real Estate
List Price
$139,000
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%
Original Mortgage
$89,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Koester Kenna B
Bought by
Kline Karyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2005
Sold by
Koester Kenna B and Burlage Wiliam C
Bought by
Koester Kenna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1999
Sold by
Campos Enrique V and Campos Rita H
Bought by
Koester Kenna B and Burlage William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,760
Interest Rate
6.89%

Purchase Details

Closed on
Jul 31, 1995
Sold by
Knowlton Perry C
Bought by
Campos Enrique V and Campos Rita H

Purchase Details

Closed on
Mar 24, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rau Kathryn J -- None Available
Rau Kathryn J $230,000 Land Title Guarantee Co
Hernandez Martin $139,000 8Z Title
Kline Karyn K $77,000 None Available
Koester Kenna B -- Stewart Title Larimer County
Koester Kenna B $109,700 Stewart Title
Campos Enrique V $52,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rau Kathryn J $172,500
Previous Owner Hernandez Martin $89,000
Previous Owner Kline Karyn K $61,600
Previous Owner Koester Kenna B $130,050
Previous Owner Koester Kenna B $87,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2019 01/28/19 Off Market $230,000 -- --
01/28/2019 01/28/19 Off Market $139,000 -- --
09/06/2018 09/06/18 Sold $230,000 -6.1% $192 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $244,900 +76.2% $204 / Sq Ft
09/12/2014 09/12/14 Sold $139,000 0.0% $116 / Sq Ft View Prior Sale
08/13/2014 08/13/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $139,000 -- $116 / 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 $1,503 $17,650 $2,630 $15,020
2024 $1,503 $17,650 $2,630 $15,020
2023 $1,433 $21,610 $2,840 $18,770
2022 $1,453 $16,660 $1,880 $14,780
2021 $1,531 $17,510 $1,970 $15,540
2020 $1,126 $12,920 $1,460 $11,460
2019 $1,129 $12,920 $1,460 $11,460
2018 $834 $10,070 $1,430 $8,640
2017 $839 $10,070 $1,430 $8,640
2016 $605 $8,180 $980 $7,200
2015 $603 $8,180 $980 $7,200
2014 $338 $4,470 $750 $3,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE856977

IRES MLS

APN: R2871786