NOT LISTED FOR SALE

Estimated Value: $292,948 - $369,000

3 Beds
2 Baths
1,432 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $140,000 $98 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,843/month

8 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Forced Air Heating System
  • No HOA
  • Patio
  • West Facing Home

About This Home

As of February 2014

Great College rental! Close to UNC-this up/down duplex is a great opportunity! Fantastic rental history...main level features two bedrooms & one bath and walk out basement has a 1 bedroom, 1 bath apartment. Both units rented through 5/31/2014. Please allow 24 hours notice to show.

Last Agent to Sell the Property

Steve Baker

Sears Real Estate Listed on: 01/21/2014

Sears Real Estate

Co-Listed By

Derek Andersen

Andersen Real Estate

Last Buyer's Agent

shannon Blesener

Sears Real Estate

Sears Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $464

Year Built

  • Built in 1928

Lot Details

  • 5,950 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Level Lot

Home Design

  • Cottage
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,432 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Electric Oven or Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for trash collection
  • Assessor Parcel Number R3505486

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Arlington Subdivision

Building Details

  • Gross Income $12,300
  • Net Operating Income $11,636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$464

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 1SEAR
  • Subdivision Name: Arlington
  • Architectural Style: Cottage/Bung, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1432
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Full, 90%+ Finished Basement, Walk-Out Access
  • Total Bedrooms: 3
  • Flooring: Wood Floors
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Stucco
  • Direction Faces: West
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Atmos

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • 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: RM
  • Lot Size Sq Ft: 5950
  • Parcel #: R3505486
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Trash Collection

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 464

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12300
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2014
Closed on
Feb 28, 2014
Sold by
Mccutcheon Timothy L and Mccutcheon Kristen S
Bought by
Blesener James R
Seller's Agent
Steve Baker
Sears Real Estate
Buyer's Agent
shannon Blesener
Sears Real Estate
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%
Current Estimated Value
$331,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,173
Avg. Annual Appreciation
7.64%
Original Mortgage
$88,500
Outstanding Balance
$66,622
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$268,365

Purchase Details

Closed on
Dec 16, 2003
Sold by
Smith Sherri L
Bought by
Mccutcheon Timothy L and Mccutcheon Kristen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2002
Sold by
Pickett Jana L and Pickett Kris A
Bought by
Smith Sherri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.1%

Purchase Details

Closed on
Feb 29, 2000
Sold by
Simants John L and Simants Violet C
Bought by
Pickett Kris A and Pickett Jana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
8.31%

Purchase Details

Closed on
May 16, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blesener James R $140,000 Unified Title Company
Mccutcheon Timothy L $130,000 --
Smith Sherri L $130,000 --
Pickett Kris A $93,000 Land Title
-- -- --
Simants John L $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blesener James R $88,500
Previous Owner Mccutcheon Timothy L $104,000
Previous Owner Smith Sherri L $104,000
Previous Owner Pickett Kris A $83,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $140,000 -- --
02/28/2014 02/28/14 Sold $140,000 -3.4% $98 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $144,900 -- $101 / 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 $1,326 $17,940 $2,220 $15,720
2024 $1,264 $19,310 $2,780 $16,530
2023 $1,264 $19,490 $2,800 $16,690
2022 $1,305 $14,970 $2,130 $12,840
2021 $1,376 $15,740 $2,240 $13,500
2020 $1,109 $12,720 $1,810 $10,910
2019 $1,112 $12,720 $1,810 $10,910
2018 $805 $9,720 $1,700 $8,020
2017 $809 $9,720 $1,700 $8,020
2016 $662 $8,950 $1,410 $7,540
2015 $660 $8,950 $1,410 $7,540
2014 $449 $5,940 $1,150 $4,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 726112

IRES MLS

APN: R3505486