NOT LISTED FOR SALE

Estimated Value: $623,000 - $736,000

10 Beds
4 Baths
3,917 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $435,000 $111 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,745/month

11 Days on Market

About This Home

As of October 2017

With the best Location and cash flow, this triplex represents a great investment. Currently leased at $4050 per month, leases run to May 25, 2018, perfect for UNC students, with campus across the street. Three large units, with two 3 bed, 1 bath and one 4 bed 2 bath. Two units include washer and dryer. Each unit has its own furnace and thermostat. Large lot with great off-street parking. Showings will begin Saturday 8/26. Please do not disturb tenants.

Last Agent to Sell the Property

Nate Santillanes

Empire Property Management, LLC Listed on: 08/24/2017

Last Buyer's Agent

Scott Ptach

Scott Ptach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,507

Year Built

  • Built in 1906

Lot Details

  • 9,500

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,917 Sq Ft Home
  • 3-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Schools

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

Additional Features

  • 9,500 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R3289286

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Arlington Heights Subdivision

Building Details

  • Gross Income $48,600
  • Net Operating Income $38,493

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,507

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: Arlington Heights
  • Unit Levels: Tri-Level
  • New Construction: No
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3917
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 10
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: Triplex
  • Lot Size Sq Ft: 9500
  • Parcel #: R3289286
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1507

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 48600
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2017
Closed on
Oct 4, 2017
Sold by
Ballard Robert and Ballard Jamie
Bought by
Stransky Joshua and Stransky Allison
Seller's Agent
Nate Santillanes
Empire Property Management, LLC
Buyer's Agent
Scott Ptach
Scott Ptach
List Price
$439,999
Sold Price
$435,000
Premium/Discount to List
-$4,999
-1.14%
Current Estimated Value
$670,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,438
Avg. Annual Appreciation
5.36%
Original Mortgage
$348,000
Outstanding Balance
$292,864
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$377,574

Purchase Details

Closed on
Nov 14, 2014
Sold by
Roth Dennis and Roth Marie D
Bought by
Ballard Robert and Ballard Jamie

Purchase Details

Closed on
Jul 6, 1998
Sold by
Koberstein Barry L and Koberstein Roger
Bought by
Roth Dennis and Roth Marie D

Purchase Details

Closed on
Dec 20, 1993

Purchase Details

Closed on
Apr 7, 1989

Purchase Details

Closed on
Sep 9, 1983
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
Stransky Joshua $435,000 Stewart Title
Ballard Robert $330,000 Stewart Title
Roth Dennis $80,000 --
-- -- --
-- -- --
-- -- --
Towns Kay $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stransky Joshua $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $435,000 -- --
10/04/2017 10/04/17 Sold $435,000 -1.1% $111 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $439,999 -- $112 / 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 $2,866 $36,080 $3,560 $32,520
2024 $2,866 $36,080 $3,560 $32,520
2023 $2,733 $37,850 $4,500 $33,350
2022 $2,606 $29,890 $3,420 $26,470
2021 $2,748 $31,430 $3,600 $27,830
2020 $2,705 $31,030 $2,910 $28,120
2019 $2,712 $31,030 $2,910 $28,120
2018 $1,550 $18,720 $2,740 $15,980
2017 $1,559 $18,720 $2,740 $15,980
2016 $1,507 $20,370 $2,270 $18,100
2015 $1,502 $20,370 $2,270 $18,100
2014 $1,050 $13,900 $1,850 $12,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE830600

IRES MLS

APN: R3289286