Seller's Agent in 2020
Kurt Finley
RE/MAX
(303) 589-5100
5 in this area
24 Total Sales
2011 Terry St Longmont, CO 80501
Business District NeighborhoodEstimated Value: $1,911,268
3
Beds
2
Baths
8,800
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- 0.32 Acre Lot
- No HOA
- Wood Siding
- Longmont High School Rated A-
- Forced Air Heating System
About This Home
As of June 2020Rare opportunity to purchase a 2-story, multi-family apartment building in Longmont. This property has been well-cared for by a single owner and is newer and in better condition than many similar properties in the City. Consequently, vacancy over the years has been very low and departing tenants have been quickly replaced. A new roof was installed in 2019.Newer stairs and railings, too. This property is centrally located, within blocks of Main Street, RTD transportation, shopping and parks.
Last Buyer's Agent
Timothy Rakow
Diamond 4 Realty LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,841
Year Built
- Built in 1984
Lot Details
- 0.32
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 8,800 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Schools
- Northridge Elementary School
- Longs Peak Middle School
- Longmont High School
Additional Features
- 14,073 Sq Ft Lot
- Mineral Rights Excluded
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number R0047862
Community Details
Overview
- No Home Owners Association
- 10 Units
- Yeager Garden Greens 2 Subdivision
Building Details
- Gross Income $123,031
- Net Operating Income $86,515
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2020
Closed on
Jun 22, 2020
Sold by
Bought by
Seller's Agent
Kurt Finley
RE/MAX Nexus
Buyer's Agent
Timothy Rakow
Diamond 4 Realty LLC
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,268
Avg. Annual Appreciation
4.09%
Original Mortgage
$1,050,000
Outstanding Balance
$468,314
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$1,442,954
Purchase Details
Closed on
Oct 20, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
4.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 26, 2006
Sold by
Bought by
Purchase Details
Closed on
Feb 19, 1991
Bought by
Purchase Details
Closed on
Sep 21, 1989
Bought by
Purchase Details
Closed on
Mar 5, 1984
Bought by
Purchase Details
Closed on
Feb 16, 1984
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,500,000 | Heritage Title Company | ||
| -- | First American Title Insuran | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $106,300 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,050,000 | ||
| Previous Owner | $214,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2021 09/22/21 | Off Market | $1,500,000 | -- | -- |
| 06/24/2020 06/24/20 | Sold | $1,500,000 | -9.1% | $170 / Sq Ft |
| 03/09/2020 03/09/20 | For Sale | $1,650,000 | -- | $188 / Sq Ft |
Source: IRES MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | -- | $124,283 | $18,278 | $106,005 |
| 2025 | -- | $124,283 | $18,278 | $106,005 |
| 2024 | -- | $114,231 | $16,800 | $97,431 |
| 2023 | $0 | $132,807 | $19,423 | $113,384 |
| 2022 | $0 | $98,016 | $14,873 | $83,143 |
| 2021 | $9,825 | $100,836 | $15,301 | $85,535 |
| 2020 | $7,966 | $82,011 | $15,301 | $66,710 |
| 2019 | $7,841 | $82,011 | $15,301 | $66,710 |
| 2018 | $6,559 | $69,048 | $13,680 | $55,368 |
| 2017 | $6,470 | $76,336 | $15,124 | $61,212 |
| 2016 | $6,467 | $67,660 | $13,214 | $54,446 |
| 2015 | $6,163 | $50,482 | $18,626 | $31,856 |
| 2014 | $4,715 | $50,482 | $18,626 | $31,856 |
Source: Public Records
Agents Affiliated with this Home
-
Kurt Finley
-
Keith Kanemoto
Seller Co-Listing Agent in 2020
Keith Kanemoto
RE/MAX
(303) 472-2222
6 in this area
57 Total Sales
-
T
Buyer's Agent in 2020
Timothy Rakow
Diamond 4 Realty LLC
Map
Source: IRES MLS
MLS Number: IRE906098
APN: 1205273-02-025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
Based on information submitted to the MLS GRID
Listings courtesy of IRES MLS as distributed by MLS GRID
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