NOT LISTED FOR SALE

Estimated Value: $256,000 - $281,022

6 Beds
2 Baths
1,896 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $405,000 $214 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $1,561/month

6 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Patio
  • No HOA
  • Cooling Available
  • 4-minute walk to UNC Sports Field

About This Home

As of October 2021

Great rental history for the past 15 years. Property is always rented. Main level renter has been there for 3 + years. Tons of room for rental increases. Total monthly rents could easily be $300 to $400 higher. Main level tenant is currently month to month. Basement lease expires November 30, 2021. Both tenants would like to stay. Sprinkler system, 1 car detached garage, fully fenced in back yard, roof only 3 years old and a corner lot with great visibility close to UNC. Tenant occupied. Please allow at least 24 hours notice to show. Listing Agent is Related to the Seller,

Last Agent to Sell the Property

Kurt Fritch

Fritch Realty Listed on: 08/17/2021

Last Buyer's Agent

Nate Santillanes

Empire Property Management, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1927

Lot Details

  • 4,750 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,896 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Electric Oven or Range
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Cameron Elementary School
  • Greeley Central High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R2954886

Community Details

Overview

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

Building Details

  • Gross Income $38,700
  • Net Operating Income $33,476

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,224

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Alta Vista
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1896
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 6
  • Fireplace Features: Single Fireplace
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Mineral Rights Excluded, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Atmos Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 4750
  • Parcel #: R2954886
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1224

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38700
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 5224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2008
Sold by
Huitt Ramona E
Bought by
Frazier Larry G and Frazier Debra J
Current Estimated Value
$268,256

Purchase Details

Closed on
May 10, 1976
Source: Public Records

Range of Values:

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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
Frazier Larry G $65,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huitt Ramona $2,097
Previous Owner Huitt Ramona E $50,000
Previous Owner Huitt Ramona E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Off Market $405,000 -- --
10/29/2021 10/29/21 Sold $405,000 -2.4% $214 / Sq Ft
08/17/2021 08/17/21 For Sale $415,000 -- $219 / 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 $1,185 $16,920 $3,280 $13,640
2024 $1,185 $16,920 $3,280 $13,640
2023 $1,130 $17,820 $3,550 $14,270
2022 $1,267 $14,530 $2,840 $11,690
2021 $1,307 $14,950 $2,920 $12,030
2020 $1,101 $12,630 $2,170 $10,460
2019 $1,104 $12,630 $2,170 $10,460
2018 $753 $9,090 $1,840 $7,250
2017 $757 $9,090 $1,840 $7,250
2016 $425 $5,750 $1,140 $4,610
2015 $424 $5,750 $1,140 $4,610
2014 $286 $3,790 $1,000 $2,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 948724

IRES MLS

APN: R2954886