NOT LISTED FOR SALE

720 Hereford Ave Sterling, CO 80751

Estimated Value: $262,182

-- Bed
-- Bath
8,640 Sq Ft
$30/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $165,000 $19 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,681/month

199 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of December 2018

Great rental income! Building has 9 units, 7 at $250/month and 2 at $200/month. 7 of the units have bathroom. City sewer and private well. All units are leased on month to month basis (no written lease) and no deposits. Newer roof in 2015 by Spelts roofing.

Last Agent to Sell the Property

Wendy Jerman

Town Square Realty Listed on: 05/11/2018

Last Buyer's Agent

Wendy Jerman

Town Square Realty Listed on: 05/11/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.84 Acre Lot
  • Level Lot

Home Design

  • Metal Roof

Interior Spaces

  • 8,640 Sq Ft Home
  • 1-Story Property

Schools

  • Sterling Middle School
  • Sterling High School

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Gross Income $2,150

Listing and Financial Details

  • Assessor Parcel Number 38052528200011

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.84
  • Road Surface Type: Gravel
  • Subdivision Name: n/a
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 8640
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Accessibility Features: Level Lot
  • Has Basement: None
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Not New, Previously Owned

Utilities

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

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: Other
  • HighSchool: Sterling
  • Junior High Dist: Valley RE 1
  • Middle Or Junior School: Sterling

Lot Info

  • Zoning: INDUSTRIAL
  • Lot Size Sq Ft: 36590
  • Parcel #: 38052528200011
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2622

Multi Family

  • Annual Gross Income: 2150
  • Annual Operating Expense: 2622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Dec 26, 2018
Sold by
Commercial Truck Wash Inc
Bought by
Triple J Properties Llc
Seller's Agent
Wendy Jerman
Town Square Realty
Buyer's Agent
Wendy Jerman
Town Square Realty
List Price
$200,000
Sold Price
$165,000
Premium/Discount to List
-$35,000
-17.5%
Current Estimated Value
$262,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,182
Avg. Annual Appreciation
7.07%
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
Triple J Properties Llc $165,000 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2019 03/26/19 Off Market $165,000 -- --
12/26/2018 12/26/18 Sold $165,000 -17.5% $19 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $200,000 -- $23 / 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
2024 $3,423 $57,980 $0 $0
2023 $3,423 $57,980 $0 $0
2022 $3,920 $50,900 $5,470 $45,430
2021 $3,705 $50,900 $5,470 $45,430
2020 $2,923 $75,840 $5,470 $70,370
2019 $2,930 $75,840 $5,470 $70,370
2018 $2,673 $34,510 $4,540 $29,970
2017 $2,623 $41,650 $5,480 $36,170
2015 $3,626 $42,430 $5,830 $36,600
2014 $3,626 $38,230 $6,060 $32,170
2013 $3,626 $38,230 $6,060 $32,170
Source: Public Records

Agents Affiliated with this Home

  • Wendy Jerman

    Seller's Agent in 2018

    Wendy Jerman

    Town Square Realty

    (970) 520-0506

    135 Total Sales

    Wendy Jerman
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Map

Source: IRES MLS

MLS Number: 849940

IRES MLS

APN: 38052528200011

Colorado Logan County Sterling 80751

720 Hereford Ave, Sterling, CO

This home is located at 720 Hereford Ave, Sterling, CO 80751 since 11 May 2018 and is currently estimated at $262,182, approximately $30 per square foot. This property was built in 1978. 720 Hereford Ave is a home located in Logan County with nearby schools including Campbell Elementary School, Ayres Elementary School, and Sterling Middle 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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