NOT LISTED FOR SALE

Estimated Value: $406,491 - $574,000

8 Beds
4 Baths
2,576 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $475,000 $184 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,621/month

9 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Level Lot
  • Patio
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of February 2024

2 separate units with close proximity to campus. Off street alley parking with detached garage and great fenced in backyard. Fantastic income property with great rental history blocks from UNC. This property has been well maintained and professionally managed for many years. The property is currently fully occupied but rents could be raised when lease renewals come up next year.

Last Agent to Sell the Property

Mark Ferguson

Blue Steel Real Estate, Inc. Listed on: 01/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1910

Lot Details

  • 9,550 Sq Ft Lot
  • Property fronts an alley
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,576 Sq Ft Home
  • 1-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Cameron Elementary School
  • Franklin Middle School
  • Greeley Central High School

Additional Features

  • Patio
  • Mineral Rights Excluded
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R3287286

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Cranford Subdivision

Building Details

  • Gross Income $40,755
  • Net Operating Income $38,742

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,013

Year Built

Built in 1910

Lot Details

9,550 Sq Ft Lot

Listing Details

  • Year Built: 1910
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Cranford
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2576
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Refrigerator
  • Accessibility Features: Level Lot, Main Level Bedroom
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Mineral Rights Excluded, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

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

Association/Amenities

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

Schools

  • Elementary School: Cameron
  • HighSchool: Greeley Central
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Franklin

Lot Info

  • Zoning: RH
  • Lot Size Sq Ft: 9550
  • Parcel #: R3287286
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2013

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 40755
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Feb 27, 2024
Sold by
4921 Llc
Bought by
Servera Maximilien and Whitnah Charis Joy
Seller's Agent
Mark Ferguson
Blue Steel Real Estate, Inc.
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$469,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,627
Avg. Annual Appreciation
-0.58%
Original Mortgage
$356,250
Outstanding Balance
$349,007
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$120,366

Purchase Details

Closed on
Jan 1, 2014
Sold by
Adams Wendy K
Bought by
4921 Llc

Purchase Details

Closed on
Oct 29, 2007
Sold by
Ferguson James A and Ferguson Barbara J
Bought by
Adams Wendy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2005
Sold by
Ferguson James A and Ferguson Barbara J
Bought by
Ferguson James A and Ferguson Barbara J

Purchase Details

Closed on
Dec 22, 1999
Sold by
The Burns R & Elaine B Sabey Charitable
Bought by
Ferguson James A and Ferguson Barbara J

Purchase Details

Closed on
Nov 29, 1999
Sold by
Sabey Burns R and Sabey Elaine B
Bought by
Sabey Burns R

Purchase Details

Closed on
Jun 16, 1978
Source: Public Records
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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
Servera Maximilien $475,000 First American Title
4921 Llc -- None Available
Adams Wendy K $175,000 Security Title
Ferguson James A -- None Available
Ferguson James A $150,000 --
Sabey Burns R -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Servera Maximilien $356,250
Previous Owner Adams Wendy K $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $475,000 0.0% $184 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $475,000 -- $184 / 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 $2,144 $27,220 $4,780 $22,440
2024 $2,144 $27,220 $4,780 $22,440
2023 $2,044 $29,250 $5,170 $24,080
2022 $2,013 $23,080 $4,090 $18,990
2021 $2,122 $24,270 $4,300 $19,970
2020 $1,925 $22,080 $3,760 $18,320
2019 $1,930 $22,080 $3,760 $18,320
2018 $1,487 $17,950 $3,440 $14,510
2017 $1,495 $17,950 $3,440 $14,510
2016 $1,041 $14,070 $3,190 $10,880
2015 $1,037 $14,070 $3,190 $10,880
2014 $902 $11,940 $3,080 $8,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE1004093

IRES MLS

APN: R3287286

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