NOT LISTED FOR SALE

Estimated Value: $325,071 - $393,000

4 Beds
2 Baths
1,528 Sq Ft
$225/Sq Ft Est. Value

Last Sold January 28, 2014

Last sale price $147,500 $97 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,930/month

19 Days on Market

Highlights

  • No HOA
  • Fenced
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of January 2014

Excellent investment opportunity live up/rent down or rent both. Nicely kept 2 unit investment property near UNC. Easy to rent, both units include washer/dryer, refrigerator and ranges. Easy to show! Property was not used as rental, seller does not have past rental income. Owners children lived up and down.

Last Agent to Sell the Property

Liz Montoya

Realty One Group Fourpoints Listed on: 12/10/2013

Realty One Group Fourpoints

Co-Listed By

Duff Knott

Realty One Group Fourpoints CO

Last Buyer's Agent

Jim Ferguson

Pro Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 1940

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R3516086

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Arlington Subdivision

Building Details

  • Gross Income $1,093
  • Net Operating Income $1,093

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,399

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Co List Office Mls Id: 9CBCO
  • Subdivision Name: Arlington
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1528
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Washer, Dryer
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks
  • Waterfront: No
  • Construction Type: Wood/Frame
  • 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 of Greeley
  • 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: 5000
  • Parcel #: R3516086
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2012

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1092.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Schulte Denns L and Schulte Cathy L
Bought by
Schulte Megan F
Current Estimated Value
$344,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,144
Outstanding Balance
$222,194
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$122,324

Purchase Details

Closed on
Oct 30, 2020
Sold by
Schulte Dennis and Schulte Cathy
Bought by
Schulte Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,144
Outstanding Balance
$222,194
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$122,324

Purchase Details

Closed on
Jun 19, 2020
Sold by
Reed Norene S and Reed Robert W
Bought by
Schulte Dennis L and Schulte Cathy L

Purchase Details

Listed on
Dec 10, 2013
Closed on
Jan 27, 2014
Sold by
Lundien John W and Lundien Kathy M
Bought by
Reed Noreren S and Reed Robert W
Seller's Agent
Liz Montoya
Realty One Group Fourpoints
Buyer's Agent
Jim Ferguson
Pro Realty Inc
List Price
$152,500
Sold Price
$147,500
Premium/Discount to List
-$5,000
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%

Purchase Details

Closed on
Nov 14, 2008
Sold by
Gramps Ii Llc
Bought by
Lundien John W and Lundien Kathy M

Purchase Details

Closed on
Jan 2, 2004
Sold by
Marcellus Donald H and Marcellus Christine
Bought by
Gramps Ii Llc

Purchase Details

Closed on
Jul 31, 2003
Sold by
Marcellus Donald H
Bought by
Marcellus Donald H and Marcellus Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2001
Sold by
Maddock Robyn Lynn
Bought by
Marcellus Donald H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.96%

Purchase Details

Closed on
May 3, 1991
Sold by
Montgomery Donald B and Montgomery Faye M
Bought by
Maddock Robyn Lynn

Purchase Details

Closed on
Oct 10, 1989

Purchase Details

Closed on
Jan 15, 1985
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
Schulte Megan F -- None Available
Schulte Megan $254,144 None Available
Schulte Dennis L $255,000 Stewart Title
Reed Noreren S $147,500 North American Title
Lundien John W $130,000 Fahtco
Gramps Ii Llc -- --
Marcellus Donald H -- Commonwealth Title
Marcellus Donald H $117,500 --
Maddock Robyn Lynn $37,500 --
-- -- --
-- -- --
Kirkpatrick Paul A $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulte Megan $254,144
Previous Owner Marcellus Donald H $96,000
Previous Owner Marcellus Donald H $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $147,500 -- --
01/28/2014 01/28/14 Sold $147,500 -3.3% $97 / Sq Ft
12/29/2013 12/29/13 Pending -- -- --
12/10/2013 12/10/13 For Sale $152,500 -- $100 / 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 $1,399 $18,820 $1,880 $16,940
2024 $1,399 $18,820 $1,880 $16,940
2023 $1,334 $20,380 $2,370 $18,010
2022 $1,373 $15,750 $1,800 $13,950
2021 $1,448 $16,560 $1,890 $14,670
2020 $1,120 $12,850 $1,530 $11,320
2019 $1,123 $12,850 $1,530 $11,320
2018 $799 $9,650 $1,440 $8,210
2017 $804 $9,650 $1,440 $8,210
2016 $795 $10,740 $1,190 $9,550
2015 $792 $10,740 $1,190 $9,550
2014 $401 $5,310 $980 $4,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 724375

IRES MLS

APN: R3516086