NOT LISTED FOR SALE

Estimated Value: $348,000 - $434,000

5 Beds
2 Baths
2,002 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $240,000 $120 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,340/month

19 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Houston Gardens
  • Forced Air Heating System

About This Home

As of April 2018

Good investment opportunity. Two houses on one parcel, each have their own water & sewer taps. Separate electric and gas meters. Property is being sold "as is". Buyer to verify square footage.

Last Agent to Sell the Property

Dale Souther

Austin & Austin Real Estate Listed on: 02/14/2018

Last Buyer's Agent

Tony Cook

Pro Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1952

Lot Details

  • 5,830

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,002 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Madison Elementary School
  • Franklin Middle School
  • Northridge High School

Additional Features

  • 5,830 Sq Ft Lot
  • Mineral Rights Excluded
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R1772086

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Houston Heights Subdivision

Building Details

  • Gross Income $15,960
  • Net Operating Income $14,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,335

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Houston Heights
  • Architectural Style: Ranch
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Mineral Rights Excluded
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel Energy
  • 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 Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Madison
  • HighSchool: Northridge
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Franklin

Lot Info

  • Zoning: R-M
  • Lot Size Sq Ft: 5830
  • Parcel #: R1772086
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1335

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15960
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 1335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2018
Sold by
Judith A Workman
Bought by
Archer Jimmy and Archer Angela
Current Estimated Value
$393,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.57%

Purchase Details

Listed on
Feb 14, 2018
Closed on
Apr 9, 2018
Sold by
Workman Judith A
Bought by
Archer Jimmy D and Archer Angela Y
Seller's Agent
Dale Souther
Austin & Austin Real Estate
Buyer's Agent
Tony Cook
Pro Realty Inc
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$165,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2008
Sold by
Workman Robert L and Workman Robert Lee
Bought by
Workman Robert L and Workman Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 1993

Purchase Details

Closed on
Apr 18, 1988

Purchase Details

Closed on
Jan 29, 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
Archer Jimmy $240,000 --
Archer Jimmy D $240,000 North American Title Co
Workman Robert L -- Security Title
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer Jimmy D $196,000
Closed -- $180,000
Closed -- --
Closed Archer Jimmy D $180,000
Previous Owner Archer Jimmy D $165,000
Previous Owner Workman Robert L $109,000
Previous Owner Workman Robert L $112,500
Previous Owner Workman Judith $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $240,000 -- --
04/04/2018 04/04/18 Sold $240,000 -2.0% $120 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $245,000 -- $122 / 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 $2,398 $30,390 $3,190 $27,200
2024 $2,398 $30,390 $3,190 $27,200
2023 $2,287 $32,280 $3,590 $28,690
2022 $2,320 $26,610 $2,610 $24,000
2021 $2,393 $27,370 $2,680 $24,690
2020 $2,389 $27,410 $2,250 $25,160
2019 $2,396 $27,410 $2,250 $25,160
2018 $1,495 $18,050 $1,660 $16,390
2017 $1,503 $18,050 $1,660 $16,390
2016 $1,159 $15,660 $1,430 $14,230
2015 $1,154 $15,660 $1,430 $14,230
2014 $750 $9,920 $960 $8,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 841659

IRES MLS

APN: R1772086