NOT LISTED FOR SALE
8 Beds
4 Baths
4,176 Sq Ft
12,197 Sq Ft Lot

Last Sold May 26, 2021

Last sale price $843,000 $202 Per Sq Ft

2 Days on Market

Highlights

  • Raised Ranch Architecture
  • Eat-In Kitchen
  • Air Conditioning
  • No HOA
  • Brick Veneer
  • Baseboard Heating

About This Home

As of May 2021

INVESTOR ALERT!! A great income producing 4-plex with a 7%+ CAP rate. This property has had the top two units recently updated with new interior paint, carpet and vinyl flooring. Each unit has a 1-car detached garage. Rents could be increased for an even greater return. Don't miss your opportunity to purchase this investment!

Last Agent to Sell the Property

Kendal Brazelton

MB/Brazelton Realty Inc License #40018669 Listed on: 05/06/2021

Last Buyer's Agent

Blake Miller

Honest Homes LLC License #100084737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,484

Year Built

  • Built in 1973

Lot Details

  • 0.28

Home Design

  • Raised Ranch Architecture
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 4,176 Sq Ft Home
  • 1-Story Property
  • Natural lighting in basement

Kitchen

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

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

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • 0.28 Acre Lot
  • Mineral Rights Excluded

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R2561786

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 1St Highland Park Subdivision

Building Details

  • Gross Income $63,840
  • Net Operating Income $53,219

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,484

Year Built

Built in 1973

Lot Details

0.28 Acres

Listing Details

  • Year Built: 1973
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.28
  • Subdivision Name: 1ST HIGHLAND PARK
  • Architectural Style: Raised Ranch
  • Unit Levels: Raised Ranch
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4176
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: Daylight
  • Total Bedrooms: 8
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, XCEL
  • Heating: Hot Water, Baseboard
  • 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

Association/Amenities

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

Schools

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

Lot Info

  • Zoning: R-M
  • Lot Size Sq Ft: 12320
  • Parcel #: R2561786
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2484

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 63840
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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
08/25/2021 08/25/21 Off Market $843,000 -- --
05/26/2021 05/26/21 Sold $843,000 +12.4% $202 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $750,000 -- $180 / Sq Ft
Source: IRES MLS

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 $3,778 $49,510 $4,380 $45,130
2024 $3,778 $49,510 $4,380 $45,130
2023 $3,603 $48,710 $4,740 $43,970
2022 $3,130 $35,900 $3,740 $32,160
2021 $3,301 $37,750 $3,930 $33,820
2020 $2,484 $28,490 $3,350 $25,140
2019 $2,490 $28,490 $3,350 $25,140
2018 $2,061 $24,880 $3,370 $21,510
2017 $2,072 $24,880 $3,370 $21,510
2016 $1,649 $22,290 $3,730 $18,560
2015 $1,643 $22,290 $3,730 $18,560
2014 $1,444 $19,110 $3,730 $15,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE939578

IRES MLS
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