NOT LISTED FOR SALE

3623 W 29th St Unit 2 Greeley, CO 80634

Estimated Value: $319,000 - $389,000

3 Beds
3 Baths
1,350 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $1,860,000 $1,378 Per Sq Ft

Current estimated payment $2,194/month

30 Days on Market

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Patio
  • Cathedral Ceiling
  • Walk-In Closet
  • 3-minute walk to Homestead Park

About This Home

As of September 2022

**TENANT OCCUPIED MUST HAVE 24 HOURS NOTICE FOR ALL SHOWINGS**Turn-key investment opportunity! 6 beautiful condos located in Homestead Subdivision, minutes off of HWY 34 in Greeley! Packaged as a portfolio sale, all 6 units have great rental history and are fully leased. They feature attached garages, all kitchen appliances, W/D hookups, fireplaces, patios or balconies, GFA heat and Central A/C. The subdivision is located in a neighborhood of beautiful, mature trees and features a large park. HOA covers water/sewer and trash. Tenants pay all other utilities.

Last Agent to Sell the Property

Jason Hanson

Henderson Management & Real Estate Listed on: 06/01/2022

Last Buyer's Agent

Al Detmer

RE/MAX Alliance-Greeley

RE/MAX Alliance-Greeley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,559

Year Built

  • Built in 2006

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Composition Shingle
  • Stone

Interior Spaces

  • Walk-In Closet
  • 1,350 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Ann K Heiman Elementary School
  • Chappelow Middle School
  • Greeley West High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R4555406

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance
  • 6 Units
  • Homestead Condos Subdivision

Building Details

  • Gross Income $110,306
  • Net Operating Income $101,747

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,559

Year Built

Built in 2006

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Year Built: 2006
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Homestead Condos
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1350
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave
  • Has Basement: None
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Walk-In Closet(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks
  • Waterfront: No
  • Construction Type: Wood/Frame, Stone, Composition Siding
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • 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

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds
  • Senior Community: No
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Ann K Heiman
  • HighSchool: Greeley West
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Chappelow

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 1
  • Parcel #: R4555406
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 110305.8
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 8559

Tax Info

  • Tax Annual Amount: 8559

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Sep 30, 2022
Sold by
112010 Llc
Bought by
Copeland Jeffrey H and Bean Heather N
Seller's Agent
Jason Hanson
Henderson Management & Real Estate
Buyer's Agent
Al Detmer
RE/MAX Alliance-Greeley
List Price
$2,000,000
Sold Price
$1,860,000
Premium/Discount to List
-$140,000
-7%
Current Estimated Value
$346,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,513,333
Avg. Annual Appreciation
-43.20%

Purchase Details

Closed on
Jun 13, 2012
Sold by
Advantage Bank
Bought by
112010 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
3.86%
Mortgage Type
Seller Take Back
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
Copeland Jeffrey H -- --
112010 Llc $620,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 112010 Llc $527,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $1,860,000 -7.0% $1,378 / Sq Ft
06/01/2022 06/01/22 For Sale $2,000,000 -- $1,481 / 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 $1,160 $19,740 -- $19,740
2024 $1,160 $19,740 -- $19,740
2023 $1,106 $17,460 $0 $17,460
2022 $1,391 $15,880 $0 $15,880
2021 $1,436 $16,340 $0 $16,340
2020 $0 $18,520 $0 $18,520
2019 $1,626 $18,520 $0 $18,520
2018 $1,048 $12,590 $0 $12,590
2017 $1,054 $12,590 $0 $12,590
2016 $757 $10,180 $0 $10,180
2015 $755 $10,180 $0 $10,180
2014 $702 $9,240 $0 $9,240
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jason Hanson

    Henderson Management & Real Estate

    (970) 612-2524

    1 in this area

    3 Total Sales

    Jason Hanson
    Section Image
  • Al Detmer

    Buyer's Agent in 2022

    Al Detmer

    RE/MAX

    (970) 381-6764

    11 in this area

    75 Total Sales

    Al Detmer
    Section Image
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Map

Source: IRES MLS

MLS Number: 967157

IRES MLS

APN: R4555406

Colorado Weld County Greeley 80620

3623 W 29th St Unit 2, Greeley, CO

This home is located at 3623 W 29th St Unit 2, Greeley, CO 80634 since 01 June 2022 and is currently estimated at $346,667, approximately $256 per square foot. This property was built in 2006. 3623 W 29th St Unit 2 is a home located in Weld County with nearby schools including Meeker Elementary School, Prairie Heights Middle School, and Greeley West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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