NOT LISTED FOR SALE

Estimated Value: $992,000 - $1,168,000

16 Beds
8 Baths
4,920 Sq Ft
$221/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $1,030,000 $209 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,078/month

82 Days on Market

Highlights

  • City View
  • Deck
  • Eat-In Kitchen
  • Open Floorplan
  • No HOA
  • Air Conditioning

About This Home

As of November 2021

PRIME UNC COLLEGE RENTAL 16 bedroom, 4 unit college rental in prime college rental area with correct zoning. Front house has 4 bedrooms 2 baths, Triplex in back with 4 beds, 2 baths each. All flooring and paint has been recently redone. Unit C in back has recently been completely remodeled. Unit A rented through 8/1/22/, Unit C rented through 8/3/22. Front house and Unit B open and available for showings and being shown to prospective tenants.

Last Agent to Sell the Property

Carey McGrath

Listed on: 07/24/2021

Last Buyer's Agent

Kevin Wilcox

Wilcox Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1937

Lot Details

  • 9,500 Sq Ft Lot
  • Level Lot
  • Sprinkler System
  • Zero Lot Line

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,920 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Window Treatments
  • City Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Water Rights Not Included
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R3490686

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Arlington Heights Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $89,813
  • Net Operating Income $78,338

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,559

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Year Built: 1937
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Arlington Heights
  • Unit Levels: Tri-Level
  • New Construction: No
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4920
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: Full
  • Total Bedrooms: 16
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Zero Lot Line, Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Water Rights Excluded, Level
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Atmos

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,Other
  • HighSchool: Greeley West
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Brentwood

Lot Info

  • Zoning: RH
  • Lot Size Sq Ft: 9500
  • Parcel #: R3490686
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2559

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 89812.8
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 11475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2021
Closed on
Nov 19, 2021
Sold by
Tanager Investments Llc
Bought by
Wilcox Troy E
Seller's Agent
Carey McGrath
Buyer's Agent
Kevin Wilcox
Wilcox Real Estate
List Price
$1,050,000
Sold Price
$1,030,000
Premium/Discount to List
-$20,000
-1.9%
Current Estimated Value
$1,039,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,689
Avg. Annual Appreciation
1.49%
Original Mortgage
$500,000,000
Outstanding Balance
$461,753,422
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
-$460,664,494

Purchase Details

Closed on
Jul 27, 2020
Sold by
Highland Propertis 620 Llc
Bought by
Tanager Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2019
Closed on
Jan 30, 2020
Sold by
Kirby Diane S
Bought by
Highland Properties 620 Llc
Seller's Agent
Robert Mygatt
Group Harmony
Buyer's Agent
Carey McGrath
List Price
$850,000
Sold Price
$795,000
Premium/Discount to List
-$55,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$169,378
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2006
Sold by
Bbk Properties Lllp
Bought by
Kirby Diane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2004
Sold by
Johnson Eric C and Johnson Jacky D
Bought by
Bbk Properties Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2003
Sold by
Nauman Thomas L and Nauman Debra D
Bought by
Johnson Eric C and Johnson Jacky D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
5.83%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 26, 1998
Sold by
Anne Halverson Carol
Bought by
Nauman Thomas L and Nauman Debra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
6.91%

Purchase Details

Closed on
Jul 27, 1994
Sold by
Insley Edwin Lee
Bought by
Halverson Carol Anne

Purchase Details

Closed on
Jul 26, 1994
Sold by
Adams Donna Rae
Bought by
Insley Edwin Lee

Purchase Details

Closed on
Oct 5, 1976
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
Wilcox Troy E $1,030,000 Land Title Guarantee
Tanager Investments Llc $795,000 Attorney
Highland Properties 620 Llc $795,000 None Available
Kirby Diane S $507,000 Land Title Guarantee Company
Bbk Properties Lllp $420,000 Fahtco
Johnson Eric C $510,000 --
Nauman Thomas L $310,000 --
Halverson Carol Anne $75,000 --
Insley Edwin Lee $31,400 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rearden Minerals Llc $500,000,000
Closed Wilcox Troy E $772,500
Previous Owner Tanager Investments Llc $636,000
Previous Owner Highland Properties 620 Llc $169,378
Previous Owner Hihgland Properties 620 Llc $636,000
Previous Owner Kirby Diane S $206,075
Previous Owner Kirby Diane S $228,000
Previous Owner Bbk Properties Lllp $336,000
Previous Owner Johnson Eric C $357,000
Previous Owner Nauman Thomas L $297,500
Previous Owner Nauman Thomas L $217,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Off Market $1,030,000 -- --
11/18/2021 11/18/21 Sold $1,030,000 -1.9% $209 / Sq Ft
07/24/2021 07/24/21 For Sale $1,050,000 +32.1% $213 / Sq Ft
04/29/2020 04/29/20 Off Market $795,000 -- --
01/30/2020 01/30/20 Sold $795,000 -6.5% $162 / Sq Ft
11/14/2019 11/14/19 For Sale $850,000 -- $173 / 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 $4,951 $59,310 $3,560 $55,750
2024 $4,951 $59,310 $3,560 $55,750
2023 $4,721 $62,670 $4,500 $58,170
2022 $3,607 $41,360 $3,420 $37,940
2021 $3,776 $43,180 $3,600 $39,580
2020 $2,559 $29,360 $2,910 $26,450
2019 $2,566 $29,360 $2,910 $26,450
2018 $2,026 $24,460 $2,740 $21,720
2017 $2,037 $24,460 $2,740 $21,720
2016 $1,620 $21,890 $2,270 $19,620
2015 $1,614 $21,890 $2,270 $19,620
2014 $1,624 $21,490 $1,850 $19,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 950925

IRES MLS

APN: R3490686