NOT LISTED FOR SALE
2 Beds
2 Baths
21,600 Sq Ft
1.33 Acres

Last Sold July 15, 2016

Last sale price $1,868,000 $86 Per Sq Ft

64 Days on Market

Highlights

  • 1.33 Acre Lot
  • Brick Veneer
  • Forced Air Heating System
  • No HOA

About This Home

As of July 2016

University Townhomes (24 units) boast fantastic visibility in one of the fastest growing MSA's in the country. Located just north of Highway 34 in Greeley, Colorado, these townhome style apartments all consist of 2 bedrooms and 1.5 bathrooms. At approximately 900 square feet each, these townhomes offer ample room with washer/dyer hookups, individual furnaces and hot water heaters, and energy efficient double-paned windows. THIS PROPERTY FOR SALE ALONG WITH 1901 28th STREET. TOTAL PRICE $3.35MM.

Last Agent to Sell the Property

Brian Mannlein

Cushman & Wakefield Listed on: 04/12/2016

Last Buyer's Agent

Alex Schuman

Schuman Companies

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 1970

Lot Details

  • 1.33

Home Design

  • Brick Veneer
  • Tar and Gravel Roof
  • Flat Tile Roof
  • Vinyl Siding

Interior Spaces

  • 21,600 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

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

Additional Features

  • 1.33 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R3634486

Community Details

Overview

  • No Home Owners Association
  • 24 Units
  • Hillside Subdivision

Building Details

  • Gross Income $210,771
  • Net Operating Income $128,744

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,336

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 1.33
  • Subdivision Name: Hillside
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 21600
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 2
  • Window Features: Window Coverings

Exterior Features

  • Roof: Tar/Gravel, Flat
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer, Vinyl Siding
  • 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
  • Gas Company: Natural Gas

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: Jackson
  • HighSchool: Greeley Central
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Brentwood

Lot Info

  • Zoning: RH
  • Lot Size Sq Ft: 57990
  • Parcel #: R3634486
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6336

Multi Family

  • Number Of Units Total: 24
  • Annual Gross Income: 210771
  • Income Includes: ["Lease/Rents"]

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $1,868,000 -- --
07/15/2016 07/15/16 Sold $1,868,000 +2.2% $86 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $1,827,273 -- $85 / 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 $20,961 $252,940 $21,750 $231,190
2024 $20,961 $252,940 $21,750 $231,190
2023 $19,989 $253,280 $17,650 $235,630
2022 $15,369 $176,250 $15,770 $160,480
2021 $16,207 $185,330 $16,590 $168,740
2020 $14,720 $168,860 $15,760 $153,100
2019 $14,758 $168,860 $15,760 $153,100
2018 $8,501 $102,640 $18,790 $83,850
2017 $8,547 $102,640 $18,790 $83,850
2016 $6,361 $85,970 $17,540 $68,430
2015 $6,337 $85,970 $17,540 $68,430
2014 $6,062 $80,240 $17,540 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE788247

IRES MLS