NOT LISTED FOR SALE

601 E 16th St Greeley, CO 80631

Estimated Value: $263,000 - $330,000

3 Beds
2 Baths
1,344 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 21, 2013

Last sale price $60,000 $45 Per Sq Ft

Est. 387% increase in value since last sale

Current estimated payment $1,632/month

49 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Partially Fenced Property
  • Cottage
  • Baseboard Heating
  • 1-Story Property

About This Home

As of February 2013

Buyer verify Measurements. PROOF OF FINANCING REQUIRED ON ALL OFFERS. AGENTS TO INCLUDE CELL# & E-MAIL ADDRESS WITH OFFERS. Two Houses on One Large Lot, Run the Numbers on this for your Cap Rate!! Income and Expenses are Projected Only. PROPERTY SOLD AS IS CONDITION.

Last Agent to Sell the Property

Matthew Revitte

Pro Realty Old Town Listed on: 11/28/2012

Last Buyer's Agent

Jeremy Johnson

RE/MAX Alliance-FTC Dwtn

RE/MAX Alliance-FTC Dwtn

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $628

Year Built

  • Built in 1910

Lot Details

  • 0.32 Acre Lot
  • Partially Fenced Property

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Bella Romero Elementary School
  • Heath Middle School
  • Northridge High School

Utilities

  • Baseboard Heating
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number R3331486

Community Details

Overview

  • No Home Owners Association

Building Details

  • Gross Income $13,110
  • Net Operating Income $10,232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$628

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.32
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: None
  • Directions: Highway 85 South, Left on 16th Street to property.
  • Architectural Style: Cottage/Bung, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1344
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Has Basement: None
  • Total Bedrooms: 3
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • View: Plains View
  • Waterfront: No
  • Construction Type: Wood/Frame, Stucco
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: District Water, North Weld
  • Gas Company: Natural Gas, Atmos

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Bella Romero
  • HighSchool: Northridge
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Heath

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 13939
  • Parcel #: R3331486
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 628

Multi Family

  • Annual Gross Income: 13110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2012
Closed on
Feb 11, 2013
Sold by
The Bank Of New York Mellon
Bought by
Sharp Darren and Sharp Taryn
Seller's Agent
Matthew Revitte
Pro Realty Old Town
Buyer's Agent
Jeremy Johnson
RE/MAX Alliance-FTC Dwtn
List Price
$94,500
Sold Price
$60,000
Premium/Discount to List
-$34,500
-36.51%
Current Estimated Value
$291,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,945
Avg. Annual Appreciation
13.28%

Purchase Details

Closed on
Sep 26, 2012
Sold by
Rios Jose Antonio and Rios Patricia Elizabeth
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jan 14, 2000
Sold by
Int Alvarez Maria Louisa
Bought by
Rios Jose Antonio and Rios Patricia Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,640
Interest Rate
7.86%

Purchase Details

Closed on
Nov 9, 1990
Sold by
Williams Joan
Bought by
Alvarez Maria Louisa- Int

Purchase Details

Closed on
Oct 14, 1981
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
Sharp Darren $60,000 None Available
The Bank Of New York Mellon -- None Available
Rios Jose Antonio -- Stewart Title
Alvarez Maria Louisa- Int $38,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rios Jose Antonio $112,800
Previous Owner Rios Jose Antonio $96,500
Previous Owner Rios Jose Antonio $68,000
Previous Owner Rios Jose Antonio $47,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2020 05/03/20 Off Market $60,000 -- --
02/21/2013 02/21/13 Sold $60,000 -36.5% $45 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $94,500 -- $70 / 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 $1,243 $17,200 $4,560 $12,640
2024 $1,243 $17,200 $4,560 $12,640
2023 $1,127 $18,720 $5,090 $13,630
2022 $907 $11,080 $3,520 $7,560
2021 $982 $11,390 $3,620 $7,770
2020 $939 $11,000 $3,220 $7,780
2019 $948 $11,000 $3,220 $7,780
2018 $857 $10,500 $1,550 $8,950
2017 $862 $10,500 $1,550 $8,950
2016 $665 $9,130 $1,340 $7,790
2015 $664 $9,130 $1,340 $7,790
2014 $640 $4,880 $1,380 $3,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 695448

IRES MLS

APN: R3331486