NOT LISTED FOR SALE

2912 State Farm Rd Evans, CO 80620

3 Beds
2 Baths
8,896 Sq Ft
9,005 Sq Ft Lot

Last Sold January 19, 2021

Last sale price $1,235,000 $139 Per Sq Ft

179 Days on Market

Highlights

  • City View
  • Raised Ranch Architecture
  • Balcony
  • Deck
  • No HOA
  • Brick Veneer

About This Home

As of January 2021

2 building investment property with 12 units just across Highway 34 and close to the UNC campus. Tenants pay electric and a flat fee for water/sewer, trash and gas. Each unit includes an electric range/oven, dishwasher, refrigerator and microwave and there is on site coin operated laundry. Both buildings to be sold together not separate. Tenant occupied please allow 12 hours notice for any showings.

Last Agent to Sell the Property

Jessica Pike

RE/MAX Alliance-Windsor Listed on: 02/03/2020

RE/MAX Alliance-Windsor

Last Buyer's Agent

Phil Dankner

Unique Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,808

Year Built

  • Built in 1971

Lot Details

  • 9,005 Sq Ft Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Raised Ranch Architecture
  • Brick Veneer
  • Composition Roof
  • Composition Shingle

Interior Spaces

  • 8,896 Sq Ft Home
  • 1-Story Property
  • City Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R3876086

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • Lakeshore 2Nd Add Subdivision

Building Details

  • Gross Income $112,979
  • Net Operating Income $108,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,808

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Lakeshore 2nd 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

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave
  • Has Basement: Full
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Lawn Sprinkler System, Level
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer, Composition Siding
  • Exterior Features: Balcony
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Evans
  • Gas Company: Natural Gas, Atmos

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 9005
  • Parcel #: R3876086
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4808

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 112978.8
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4808

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2021 04/19/21 Off Market $1,235,000 -- --
01/19/2021 01/19/21 Sold $1,235,000 -10.2% $139 / Sq Ft
02/03/2020 02/03/20 For Sale $1,375,000 +58.0% $155 / Sq Ft
01/28/2019 01/28/19 Off Market $870,000 -- --
06/30/2017 06/30/17 Sold $870,000 -0.9% $98 / Sq Ft View Prior Sale
05/31/2017 05/31/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $878,000 -- $99 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 903199

IRES MLS