NOT LISTED FOR SALE

Estimated Value: $271,000 - $329,692

3 Beds
2 Baths
1,408 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2020

Last sale price $253,500 $180 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,796 / mo

24 Days on Market

Highlights

  • Corner Lot
  • Cooling Available
  • Forced Air Heating System
  • No HOA
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of August 2020

Great investment opportunity located minutes from UNC's campus. The property is currently leased through the end of July and tenants will not plan on renewing. Plenty of time to make a few upgrades and put a fresh lease, students will be back in classrooms beginning August 24th. Vacancies won't be a problem with this investment and the proximity to campus allows for higher rental rates. Corner lot with mature landscaping. Income described is speculative, but rental comps support the assumptions.

Last Agent to Sell the Property

Trent McFall

CBRE Inc License #100070685 Listed on: 06/23/2020

Co-Listed By

William Myers

Resident Realty License #154581

Last Buyer's Agent

Jason Mahoney

C3 Real Estate Solutions, LLC License #40024724

C3 Real Estate Solutions, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,083

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Location

  • Mineral Rights

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R3514786

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Arlington Park Subdivision

Building Details

  • Gross Income $24,600
  • Net Operating Income $22,567

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,083

Year Built

Built in 1940

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Year Built: 1940
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: JCSRE
  • Subdivision Name: Arlington Park
  • Directions: In Greeley from 8th Avenue and 22nd Street, go west on 22nd Street to 9th Ave., go south on 9th Ave. to the property. The property is located on the corner of 9th Ave. and 23rd St.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1408
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Washer, Dryer
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 3
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Mineral Rights Included, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • 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

Schools

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

Lot Info

  • Zoning: R-M
  • Lot Size Sq Ft: 4792
  • Parcel #: R3514786
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1083

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24600
  • Income Includes: ["Lease/Rents"]

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
Jun 23, 2020
Closed on
Aug 26, 2020
Sold by
Bought by
Seller's Agent
Trent McFall
CBRE Inc
Buyer's Agent
Jason Mahoney
C3 Real Estate Solutions, LLC
List Price
$268,500
Sold Price
$253,500
Premium/Discount to List
-$15,000
-5.59%
Current Estimated Value
$306,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,416
Avg. Annual Appreciation
2.44%
Original Mortgage
$190,125
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2014
Closed on
May 29, 2014
Sold by
Bought by
Seller's Agent
Charles Bowles
Austin & Austin Real Estate
Buyer's Agent
Paris Powell
Serendipity Property
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$97,500
Interest Rate
0.035%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 11, 2014
Closed on
May 9, 2014
Sold by
Bought by
Seller's Agent
Charles Bowles
Austin & Austin Real Estate
Buyer's Agent
Paris Powell
Serendipity Property
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
0.035%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 21, 2003
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
$141,282
Interest Rate
0.0515%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2002
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
$115,200
Interest Rate
0.0662%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 1993
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 1993
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 1990

Purchase Details

Closed on
Sep 11, 1986

Purchase Details

Closed on
Jun 17, 1986
Bought by
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

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
$253,500 Heritage Title Company
$130,000 None Available
-- None Available
$143,500 --
-- --
-- --
$45,000 --
$45,000 --
-- --
-- --
$51,000 --
-- --
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
Closed $500,000,000
Closed $190,125
Closed $97,500
Closed $141,282
Closed $115,200
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 Prior Sale
11/26/2020 11/26/20 Off Market $253,500 -- --
08/26/2020 08/26/20 Sold $253,500 -5.6% $180 / Sq Ft
06/23/2020 06/23/20 For Sale $268,500 +106.5% $191 / Sq Ft
01/28/2019 01/28/19 Off Market $130,000 -- --
05/29/2014 05/29/14 Sold $130,000 -3.7% $92 / Sq Ft View Prior Sale
04/29/2014 04/29/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $135,000 -- $96 / 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 $1,667 $17,870 $1,650 $16,220
2025 $1,335 $18,260 $1,690 $16,570
2024 $1,335 $18,260 $1,690 $16,570
2023 $1,273 $19,610 $2,130 $17,480
2022 $1,316 $15,090 $1,620 $13,470
2021 $1,389 $15,880 $1,710 $14,170
2020 $1,080 $12,390 $1,380 $11,010
2019 $1,083 $12,390 $1,380 $11,010
2018 $764 $9,230 $1,300 $7,930
2017 $769 $9,230 $1,300 $7,930
2016 $583 $7,880 $1,070 $6,810
2015 $581 $7,880 $1,070 $6,810
2014 $410 $5,430 $880 $4,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE916003

IRES MLS

APN: R3514786

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