NOT LISTED FOR SALE

1821 6th Ave Greeley, CO 80631

Arlington Heights Neighborhood

Estimated Value: $407,000 - $481,000

7 Beds
3 Baths
2,930 Sq Ft
$149/Sq Ft Est. Value

Sale Details

Date Sold: August 7, 2023

Last sale price $401,100 $137 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,586 / mo

47 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 3-minute walk to UNC Jackson Sports Complex
  • Outdoor Storage

About This Home

As of August 2023

Incredible Wake Up Money Investment Property in a highly sought after rental location within walking distance to the of the UNC college campus.This spacious property features 7 bedrooms & 3 bathrooms, not one, but two full kitchens to accommodate all tenants & a large parking lot in the back with a detached garage. With an already secured year lease that just started in May & rental income of $3,150 per month ($450 per room) + $497 for utilities ($71 per tenant), this investment property promises exceptional cash flow potential that any savvy investor would appreciate. Highlights of the property include a prime location near the UNC baseball field & walking distance to campus, years of strong rental demand, cash flow positive & multiple tenancy options. Don't miss out on this incredibly priced investment opportunity! Additional Details: The property is leased through 5/14/24. Deposit per tenant is $521. Property is managed by Big Bear Properties. Buyer can continue or terminate the relationship with Big Bear Properties. If terminated, there is a buyout fee of $402.50 per remaining month thru 5/14/24.

Last Agent to Sell the Property

The Galbate Team

Group Harmony Listed on: 05/23/2023

Group Harmony

Co-Listed By

Todd Galbate

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1904

Lot Details

  • 9,500

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,930 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

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

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R3295886

Community Details

Overview

  • No Home Owners Association
  • Arlington Heights Subdivision

Building Details

  • Gross Income $43,764
  • Net Operating Income $28,459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,111

Year Built

Built in 1904

Lot Details

9,500 Sq Ft Lot

Listing Details

  • Year Built: 1904
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Co List Office Mls Id: 9GRPH
  • Subdivision Name: Arlington Heights
  • Unit Levels: One and One Half
  • New Construction: No
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2930
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Other

Exterior Features

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

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • 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

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: 9500
  • Parcel #: R3295886
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2111

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 43764
  • Income Includes: ["Lease/Rents"]

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2009
Sold by
Bought by
Current Estimated Value
$436,761

Purchase Details

Closed on
Apr 17, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,750
Interest Rate
0.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
0.067%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
0.0641%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 20, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
0.0785%

Purchase Details

Closed on
May 15, 1987
Sold by
Bought by

Purchase Details

Closed on
Oct 11, 1984
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- None Available
-- None Available
$389,000 Security Title
-- Security Title Company
$96,000 Security Title
-- None Available
-- --
-- --
$54,000 --
$2,500 --
-- --
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
Open $300,825
Closed $300,825
Previous Owner $291,750
Previous Owner $115,000
Previous Owner $35,000
Previous Owner $115,480
Previous Owner $24,000
Previous Owner $89,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $401,100 -9.9% $137 / Sq Ft
05/23/2023 05/23/23 For Sale $445,000 -- $152 / Sq Ft
Source: IRES MLS

Tax 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.

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
2026 $2,472 $26,510 $3,490 $23,020
2025 $2,286 $27,070 $3,560 $23,510
2024 $2,286 $27,070 $3,560 $23,510
2023 $2,180 $30,940 $4,500 $26,440
2022 $2,111 $24,210 $3,420 $20,790
2021 $2,226 $25,460 $3,600 $21,860
2020 $1,824 $20,920 $2,910 $18,010
2019 $1,828 $20,920 $2,910 $18,010
2018 $1,860 $22,460 $2,740 $19,720
2017 $1,870 $22,460 $2,740 $19,720
2016 $1,421 $19,200 $2,270 $16,930
2015 $1,415 $19,200 $2,270 $16,930
2014 $893 $11,820 $1,850 $9,970
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Galbate Team

    Group Harmony

    (970) 631-4038

    1 in this area

    55 Total Sales

    The Galbate Team
    Section Image
  • Todd Galbate

    Seller Co-Listing Agent in 2023

    Todd Galbate

    Group Harmony

    (970) 631-4038

    1 in this area

    47 Total Sales

    Todd Galbate
    Section Image
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Map

Source: IRES MLS

MLS Number: IRE988341

IRES MLS

APN: R3295886

Colorado Weld County Greeley 80631 Arlington Heights

1821 6th Ave, Greeley, CO

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IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
Based on information submitted to the MLS GRID
Listings courtesy of IRES MLS as distributed by MLS GRID

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