NOT LISTED FOR SALE
8 Beds
4 Baths
4,176 Sq Ft
0.28 Acre Lot

Sale Details

Date 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

  • 12,320 Sq Ft 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

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
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

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 $4,520 $49,100 $4,340 $44,760
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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