Seller's Agent in 2020
Will Malizia
Resident Realty
(970) 290-7098
11 Total Sales
1802 8th Ave Greeley, CO 80631
Arlington Heights NeighborhoodEstimated Value: $473,000 - $630,000
9
Beds
5
Baths
3,054
Sq Ft
$178/Sq Ft
Est. Value
Highlights
- City View
- Deck
- Corner Lot
- Colonial Architecture
- Main Floor Bedroom
- No HOA
About This Home
As of September 2020This gorgeous property is looking for an investor who is searching for great cash flow. A beautiful maintained duplex, which features the main and upper unit with 6 beds, 2.5 Baths. The lower unit has 3 beds, 2 baths. Vinyl siding, newer roof, and numerous updates. This property is located across from the UNC Campus- Greeley. To top it off, this property is fully 100% leased for the 2020-2021 school year. With over a 7% cap rate (seller pays utilities), you won't find a nicer Income Property!
Last Agent to Sell the Property
Resident Realty License #100047494 Listed on: 05/07/2020
Last Buyer's Agent
Melanie Prestwich
Great Way RE Properties
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,636
Year Built
- Built in 1916
Lot Details
- 6,500 Sq Ft Lot
- Property fronts an alley
- West Facing Home
- Partially Fenced Property
- Wood Fence
- Corner Lot
- Sloped Lot
- Sprinkler System
Parking
- Alley Access
Home Design
- Colonial Architecture
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,054 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Window Treatments
- French Doors
- City Views
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 9 Bedrooms
- Main Floor Bedroom
- 5 Bathrooms
- Primary bathroom on main floor
Laundry
- Dryer
- Washer
Home Security
- Storm Windows
- Storm Doors
Outdoor Features
- Deck
- Outdoor Storage
Location
- Mineral Rights Excluded
Schools
- Heath Middle School
- Greeley Central High School
Utilities
- Central Air
- Hot Water Heating System
- Satellite Dish
Listing and Financial Details
- Tenant pays for deposit
- Assessor Parcel Number R3296586
Community Details
Overview
- No Home Owners Association
- 2 Units
- Arlington Heights Subdivision
Building Details
- Gross Income $57,450
- Net Operating Income $48,717
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2020
Closed on
Sep 30, 2020
Sold by
Zweigle Lee and Zweigle Mary Ann
Bought by
Kc Greeley Llc
Seller's Agent
Will Malizia
Resident Realty
Buyer's Agent
Melanie Prestwich
Great Way RE Properties
List Price
$715,000
Sold Price
$677,500
Premium/Discount to List
-$37,500
-5.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,167
Avg. Annual Appreciation
-3.86%
Purchase Details
Closed on
May 18, 2007
Sold by
Zweigle Lee
Bought by
Zweigle Lee and Zweigle Mary Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 7, 2006
Sold by
Greeley Chapter #8 Disabled American Vet
Bought by
Zweigle Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.41%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 31, 1997
Sold by
Sheila Rimko
Bought by
Greeley Chapter #8 Disabled American Vet
Purchase Details
Closed on
Sep 23, 1991
Sold by
Hix Bennie R
Bought by
Rimko Sheila
Purchase Details
Closed on
Aug 18, 1981
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kc Greeley Llc | $677,500 | First American Title | |
| Zweigle Lee | -- | Land Title | |
| Zweigle Lee | $188,000 | None Available | |
| Greeley Chapter #8 Disabled American Vet | $134,900 | -- | |
| Rimko Sheila | $45,500 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zweigle Lee | $217,000 | |
| Previous Owner | Zweigle Lee | $208,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2021 12/29/21 | Off Market | $677,500 | -- | -- |
| 09/30/2020 09/30/20 | Sold | $677,500 | -0.4% | $222 / Sq Ft |
| 07/20/2020 07/20/20 | Price Changed | $680,000 | -2.2% | $223 / Sq Ft |
| 06/29/2020 06/29/20 | Price Changed | $695,000 | -2.8% | $228 / Sq Ft |
| 05/07/2020 05/07/20 | For Sale | $715,000 | -- | $234 / Sq Ft |
Source: IRES MLS
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 | $2,196 | $25,770 | $2,440 | $23,330 |
| 2024 | $2,196 | $25,770 | $2,440 | $23,330 |
| 2023 | $2,094 | $29,860 | $3,080 | $26,780 |
| 2022 | $2,036 | $23,350 | $2,340 | $21,010 |
| 2021 | $2,147 | $24,550 | $2,460 | $22,090 |
| 2020 | $1,632 | $18,720 | $1,990 | $16,730 |
| 2019 | $1,636 | $18,720 | $1,990 | $16,730 |
| 2018 | $1,536 | $18,550 | $1,870 | $16,680 |
| 2017 | $1,545 | $18,550 | $1,870 | $16,680 |
| 2016 | $1,164 | $15,730 | $1,550 | $14,180 |
| 2015 | $1,159 | $15,730 | $1,550 | $14,180 |
| 2014 | $818 | $10,830 | $1,270 | $9,560 |
Source: Public Records
Agents Affiliated with this Home
-
Will Malizia
-
M
Buyer's Agent in 2020
Melanie Prestwich
Great Way RE Properties
Map
Source: IRES MLS
MLS Number: IRE910957
APN: R3296586
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Based on information submitted to the MLS GRID
Listings courtesy of IRES MLS as distributed by MLS GRID
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