NOT LISTED FOR SALE

Estimated Value: $904,000 - $1,240,515

13 Beds
8 Baths
7,262 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $750,000 $103 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,504/month

133 Days on Market

Highlights

  • 0.37 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Corner Lot

About This Home

As of November 2017

Fantastic college income property in a prime location. Just East of UNC, has been recently updated, and is fully rented through 2018. The property is in great shape, has plenty of parking, and air conditioning for each unit. There is a main house with 6 bedrooms, plus a detached building with 4 more units and a 2 car garage that can be rented separately or with one of the units. Rents could be raised but are currently bringing in $64,380 a year. Opportunities like this do not come along often!

Last Agent to Sell the Property

Mark Ferguson

Blue Steel Real Estate, Inc. Listed on: 06/19/2017

Last Buyer's Agent

Erin Glenn

eXp Realty LLC

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1906

Lot Details

  • 0.37 Acre Lot
  • Corner Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 7,262 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Bathrooms

Schools

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

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R3495186

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Alta Vista Subdivision

Building Details

  • Gross Income $61,161
  • Net Operating Income $48,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,650

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: 0.37
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Alta Vista
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 7262
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None, Full
  • Total Bedrooms: 13
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • 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: Brentwood

Lot Info

  • Zoning: RH
  • Lot Size Sq Ft: 16150
  • Parcel #: R3495186
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2650

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 61161
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 12199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Fdng 208 Prop Llc
Bought by
Felicia Digixlarando and Navin Ghislawn
Current Estimated Value
$1,109,379

Purchase Details

Listed on
Jun 19, 2017
Closed on
Nov 29, 2017
Sold by
8Th And 11Th Llc
Bought by
Fdng 20 & 8 Prop Llc
Seller's Agent
Mark Ferguson
Blue Steel Real Estate, Inc.
Buyer's Agent
Erin Glenn
eXp Realty LLC
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$562,500
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 7, 2000
Sold by
20Th & 8Th Llc
Bought by
8Th & 11Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,191
Interest Rate
8.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 1, 1998
Sold by
Meredith John T and Meredith Nancy M
Bought by
20Th & 8Th Llc

Purchase Details

Closed on
Oct 18, 1996
Sold by
Red Nape Tercel Llc
Bought by
Robison Steve A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
8.33%

Purchase Details

Closed on
Oct 17, 1996
Sold by
Hall Truman J and Hall Georgia A
Bought by
Meredith John T and Meredith Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
8.33%

Purchase Details

Closed on
Oct 14, 1982
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Felicia Digixlarando -- None Listed On Document
Fdng 20 & 8 Prop Llc $750,000 Unified Title Co
8Th & 11Th Llc $271,000 --
20Th & 8Th Llc -- --
Robison Steve A $60,000 --
Meredith John T $26,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rearden Minerals Llc $500,000,000
Previous Owner Fdng 20 & 8 Prop Llc $562,500
Previous Owner 8Th & 11Th Llc $253,191
Previous Owner 8Th & 11Th Llc $50,191
Previous Owner Robison Steve A $102,400
Previous Owner Meredith John T $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $750,000 -- --
11/29/2017 11/29/17 Sold $750,000 -6.2% $103 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $799,900 -- $110 / 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 $5,522 $64,190 $6,060 $58,130
2024 $5,522 $64,190 $6,060 $58,130
2023 $5,266 $69,480 $6,560 $62,920
2022 $4,235 $48,570 $4,940 $43,630
2021 $4,428 $50,640 $5,200 $45,440
2020 $3,920 $44,970 $9,240 $35,730
2019 $3,930 $44,970 $9,240 $35,730
2018 $3,315 $40,030 $5,230 $34,800
2017 $3,334 $40,030 $5,230 $34,800
2016 $2,650 $35,820 $4,890 $30,930
2015 $2,640 $35,820 $4,890 $30,930
2014 $2,476 $32,770 $4,890 $27,880
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 823902

IRES MLS

APN: R3495186