NOT LISTED FOR SALE

5255 Ronald Reagan Blvd Unit 100 Johnstown, CO 80534

Estimated Value: $1,482,000 - $1,604,437

-- Bed
-- Bath
5,146 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $1,460,000 $284 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,701/month

39 Days on Market

Highlights

  • Mountain View
  • Forced Air Heating System
  • 1-Story Property
  • No HOA

About This Home

As of December 2021

CBRE is pleased to present for sale 5255 Ronald Reagan Boulevard in Johnstown, CO. The property consists of a fully leased 5,146 square foot office condominium located in 2534 - Ridgeview Office Park. The Property is strategically located in the heart of Northern Colorado's fastest growing employment, retail and residential area. Building features include high end finishes, ample parking and mountain views.

Last Agent to Sell the Property

Mike Eyer

CBRE Inc Listed on: 10/25/2021

Last Buyer's Agent

Mike Eyer

CBRE Inc Listed on: 10/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $50,196

Year Built

  • Built in 2007

Lot Details

  • 3,485

Home Design

  • Composition Roof
  • Stucco
  • Stone

Interior Spaces

  • 5,146 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Basement Fills Entire Space Under The House

Schools

  • Mountain View High School

Additional Features

  • Exterior Lighting
  • 3,485 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R1646622

Community Details

Overview

  • No Home Owners Association
  • Ridgeview Office Park Condos Bld 5 Subdivision

Building Details

  • Gross Income $106,400
  • Net Operating Income $106,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$50,196

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Year Built: 2007
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.08
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Ridgeview Office Park Condos Bld 5
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5146
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial or Industrial
  • Private Spa: No
  • Has Basement: Full
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks
  • View: Mountain(s), Foothills View
  • Waterfront: No
  • Construction Type: Stone, Stucco
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Other
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Other

Lot Info

  • Zoning: Office
  • Lot Size Sq Ft: 3485
  • Parcel #: R1646622
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Multi Family

  • Annual Gross Income: 106400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 20, 2021
Sold by
Dti Llc
Bought by
Dlb Properties Llc
Seller's Agent
Mike Eyer
CBRE Inc
Buyer's Agent
Mike Eyer
CBRE Inc
List Price
$1,650,000
Sold Price
$1,460,000
Premium/Discount to List
-$190,000
-11.52%
Current Estimated Value
$1,543,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,219
Avg. Annual Appreciation
1.45%

Purchase Details

Closed on
Sep 2, 2014
Sold by
Nbh Bank
Bought by
Dti Llc
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
Dlb Properties Llc $1,460,000 Stewart Title
Dti Llc $246,750 Heritage Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2022 03/20/22 Off Market $1,460,000 -- --
12/20/2021 12/20/21 Sold $1,460,000 -11.5% $284 / Sq Ft
10/25/2021 10/25/21 For Sale $1,650,000 -- $321 / 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 $50,196 $408,736 $30,551 $378,185
2024 $49,060 $408,736 $30,551 $378,185
2022 $27,838 $227,070 $31,755 $195,315
2021 $27,838 $227,070 $31,755 $195,315
2020 $27,555 $224,750 $23,693 $201,057
2019 $27,253 $224,750 $23,693 $201,057
2018 $23,280 $185,600 $23,693 $161,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 953856

IRES MLS

APN: 85151-19-001