NOT LISTED FOR SALE

2903 State Farm Rd Evans, CO 80620

Evans Area
3 Beds
2 Baths
8,896 Sq Ft
0.59 Acre Lot

Sale Details

Date Sold: September 13, 2021

Last sale price $1,395,000 $157 Per Sq Ft

4 Days on Market

Highlights

  • 0.59 Acre Lot
  • Corner Lot
  • Balcony
  • Raised Ranch Architecture
  • No HOA
  • Brick Veneer

About This Home

As of September 2021

GREAT INVESTMENT OPORTUNITY CLOSE TO UNC CAMPUS! 12 unit investment property. Great long term rental history. The 2 buildings share an open community space between them. Each unit has an electric range/oven, refrigerator, microwave, and dishwasher. There is a coin operated laundry room on site. Included is a two car garage, one half is a heated office.

Last Agent to Sell the Property

Sarah Smith

Resident Realty Listed on: 07/08/2021

Resident Realty

Last Buyer's Agent

Nate Santillanes

Empire Property Management, LLC License #100043608

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,158

Year Built

  • Built in 1971

Lot Details

  • 25,591 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Raised Ranch Architecture
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 8,896 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Mineral Rights Excluded

Schools

  • Jackson Elementary School
  • Prairie Heights Middle School
  • Greeley West High School

Utilities

  • Air Conditioning
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number R3877486

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • Lakeshore 3D Add Subdivision

Building Details

  • Gross Income $103,950
  • Net Operating Income $71,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,158

Year Built

Built in 1971

Lot Details

0.59 Acres

Listing Details

  • Year Built: 1971
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.59
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Lakeshore 3d Add
  • Architectural Style: Raised Ranch
  • Unit Levels: Raised Ranch
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 8896
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Has Basement: None
  • Total Bedrooms: 3
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Lawn Sprinkler System, Mineral Rights Excluded, Corner Lot, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Balcony
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric
  • Heating: Radiant
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Evans
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Jackson
  • HighSchool: Greeley West
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Prairie Heights

Lot Info

  • Zoning: R
  • Lot Size Sq Ft: 25591
  • Parcel #: R3877486
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6158

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 103950

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

Closed on
Sep 6, 2024
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
$1,015,000
Interest Rate
0.0678%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1977
Source: Public Records
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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
-- None Listed On Document
-- --
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
Open $1,015,000
Previous Owner --
Previous Owner $390,000
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
12/13/2021 12/13/21 Off Market $1,395,000 -- --
09/13/2021 09/13/21 Sold $1,395,000 0.0% $157 / Sq Ft
07/08/2021 07/08/21 For Sale $1,395,000 +64.0% $157 / Sq Ft
01/28/2019 01/28/19 Off Market $850,500 -- --
06/02/2017 06/02/17 Sold $850,500 -4.2% $96 / Sq Ft View Prior Sale
05/03/2017 05/03/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $888,000 -- $100 / 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 $4,683 $46,680 $6,240 $40,440
2025 $3,981 $47,280 $6,320 $40,960
2024 $3,981 $47,280 $6,320 $40,960
2023 $3,812 $47,150 $5,320 $41,830
2022 $4,161 $43,820 $5,150 $38,670
2021 $4,387 $46,080 $5,420 $40,660
2020 $3,079 $32,430 $5,420 $27,010
2019 $3,086 $32,430 $5,420 $27,010
2018 $2,404 $26,540 $4,850 $21,690
2017 $2,416 $26,540 $4,850 $21,690
2016 $2,343 $28,660 $4,160 $24,500
2015 $2,335 $28,660 $4,160 $24,500
2014 $1,591 $19,100 $2,680 $16,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE945207

IRES MLS
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