NOT LISTED FOR SALE

Estimated Value: $490,760 - $617,000

5 Beds
3 Baths
3,292 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $502,000 $152 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,018/month

122 Days on Market

Highlights

  • City View
  • Deck
  • Wood Flooring
  • Open Floorplan
  • Wooded Lot
  • No HOA

About This Home

As of May 2023

Awesome house! Well maintained Craftsman Bungalow in Cranford. Walking distance to UNC and Glenmere Park. Grandfathered duplex in very nice residential area. Live in main floor and upstairs while renting out the 2 bedroom basement apartment. Or live in the basement and rent the upstairs. Either way have a tenant help pay your mortgage. Hail resistant roof. Recently remodeled. Two separate units with all appliances in each. Both units are currently rented. Plan to provide 24 hours notice to tenants for showing.

Last Agent to Sell the Property

Tom Smerud

Landmark Real Estate Solutions Listed on: 09/23/2022

Last Buyer's Agent

Brian Franzen

eXp - Greeley

eXp - Greeley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 1910

Lot Details

  • 0.31 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Driveway Level

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,292 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Dining Room
  • City Views

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Enclosed patio or porch

Location

  • Mineral Rights Excluded

Schools

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

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection, HVAC maintenance
  • Assessor Parcel Number R3199286

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cranfords 1St Add Subdivision

Building Details

  • Gross Income $33,600
  • Net Operating Income $30,491

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,957

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1910
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.31
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: CRANFORDS 1ST ADD
  • Directions: Take 20th or 16th Street to 12th Avenue. Close to UNC, but in a residential area
  • Above Grade Finished Sq Ft: 2117
  • Architectural Style: Cottage/Bung
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3292
  • Special Features: None
  • Stories: 0

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Level Lot, Level Drive
  • Has Basement: Full, 90%+ Finished Basement, Daylight
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1175
  • Door Features: Storm Door(s)
  • Fireplace Features: Single Fireplace
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Separate Dining Room, Open Floorplan
  • Living Area: 3162
  • Window Features: Window Coverings, Bay Window(s), Skylight(s), Double Pane Windows, Storm Window(s)
  • Room Bedroom4 Area: 110
  • Room Bedroom3 Features: Wood Floor
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: No
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 132
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Wood Floor
  • Master Bedroom Features: Carpet
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Carpet
  • Room Bedroom5 Area: 117
  • Room Kitchen Features: Tile Floor
  • Room Living Room Area: 153
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 143
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 195
  • Room Dining Room Area: 154
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Alley Access
  • IRESDS_Garage Sq Ft: 400
  • IRESDS_GarageType: Detached

Utilities

  • Cooling: Room Air Conditioner, Ceiling Fan(s)
  • Electric: Electric, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • 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: R-L
  • Lot Size Sq Ft: 13300
  • Parcel #: R3199286
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1957

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33600
  • Annual Operating Expense: 3109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
May 10, 2023
Sold by
Addys Rentals Llc
Bought by
Mash David T and Mash Natalie J
Seller's Agent
Tom Smerud
Landmark Real Estate Solutions
Buyer's Agent
Brian Franzen
eXp - Greeley
List Price
$520,000
Sold Price
$502,000
Premium/Discount to List
-$18,000
-3.46%
Views
113
Current Estimated Value
$512,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,669
Avg. Annual Appreciation
5.47%
Original Mortgage
$376,500
Outstanding Balance
$366,707
Interest Rate
6.32%
Mortgage Type
Construction
Estimated Equity
$199,233

Purchase Details

Closed on
Jun 8, 2015
Sold by
Johnson Loren J and Johnson Heidi F
Bought by
Addys Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2009
Sold by
Gormley Edward O
Bought by
Johnson Loren J and Johnson Heidi F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,445
Interest Rate
4.83%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Mash David T $502,000 Stewart Title
Addys Rentals Llc $233,000 Land Title Guarantee Company
Johnson Loren J $165,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mash David T $376,500
Previous Owner Raisa Funding I Llc $0
Previous Owner Addys Rentals Llc $283,500
Previous Owner Addys Rentals Llc $186,400
Previous Owner Johnson Loren J $170,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $502,000 -3.5% $152 / Sq Ft
03/24/2023 03/24/23 For Sale $520,000 +3.6% $158 / Sq Ft
03/15/2023 03/15/23 Off Market $502,000 -- --
02/10/2023 02/10/23 For Sale $520,000 0.0% $158 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
12/20/2022 12/20/22 For Sale $520,000 +3.6% $158 / Sq Ft
12/16/2022 12/16/22 Off Market $502,000 -- --
09/23/2022 09/23/22 For Sale $520,000 -- $158 / 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 $2,245 $30,560 $6,650 $23,910
2024 $2,245 $30,560 $6,650 $23,910
2023 $2,141 $30,440 $7,200 $23,240
2022 $1,856 $21,290 $5,520 $15,770
2021 $1,957 $22,380 $5,800 $16,580
2020 $1,754 $20,120 $4,750 $15,370
2019 $1,759 $20,120 $4,750 $15,370
2018 $1,594 $19,240 $4,400 $14,840
2017 $1,602 $19,240 $4,400 $14,840
2016 $1,179 $15,930 $3,920 $12,010
2015 $1,174 $15,930 $3,920 $12,010
2014 -- $13,790 $3,920 $9,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 976041

IRES MLS

APN: R3199286