NOT LISTED FOR SALE

767 Rees Ct Longmont, CO 80504

Kensington Neighborhood
5 Beds
2 Baths
1,824 Sq Ft
7,833 Sq Ft Lot

Last Sold January 16, 2024

Last sale price $569,000 $312 Per Sq Ft

45 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Fenced
  • Cooling Available
  • Baseboard Heating

About This Home

As of January 2024

PRICED TO SELL FAST! MOTIVATED SELLER! Amazing investment opportunity that can cashflow with current interest rates! This meticulously renovated duplex bolsters a litany of high end finishes sure to attract top tier tenants. Built to last, this home was designed to offer low maintenance passive income for years to come. Unit A offers a modern, open aesthetic with a large living room, Cambria granite countertops, soft close cabinets, and stainless-steel appliances. The luxurious upstairs bath is unparalleled with radiant floor heating, waterfall shower head, jacuzzi tub and a timeless marble look inspired by Denver's iconic Brown Palace. Unit B's stylish finishes and functional layout garner a rental premium by providing a spacious feel without skimping on amenities. Unit B has one main bedroom and an additional space that can be used a living area or secondary bedroom. The property has a two car garage, perfect for Colorado winters. Simply step out the back door to gain easy access to Kingston park's picturesque views and convenient bike paths. The property would make a fantastic short-term, mid-term, or long-term rental. As a duplex, you can also live in one unit and make extra income renting out the other unit. This property has so many possibilities!

Last Agent to Sell the Property

Bianca Griffith

RE/MAX of Boulder, Inc Listed on: 12/02/2023

Last Buyer's Agent

Sarah Cavey

West and Main Homes

West and Main Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,732

Year Built

  • Built in 1962

Lot Details

  • 7,833 Sq Ft Lot
  • Fenced

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,824 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Window Treatments
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Timberline Elementary And Middle School
  • Skyline High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0045327

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Rees Lg Subdivision

Building Details

  • Gross Income $44,400
  • Net Operating Income $42,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,732

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: REES - LG
  • Unit Levels: Tri-Level
  • New Construction: No
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1824
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Has Basement: Full
  • Total Bedrooms: 5
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Longmont City
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Longmont City
  • Gas Company: Natural Gas, Excel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Timberline
  • HighSchool: Skyline
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Timberline

Lot Info

  • Zoning: R2
  • Lot Size Sq Ft: 7833
  • Parcel #: R0045327
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 44400

Tax Info

  • Tax Annual Amount: 2732

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2024 01/16/24 Sold $569,000 0.0% $312 / Sq Ft
01/14/2024 01/14/24 Off Market $569,000 -- --
12/02/2023 12/02/23 For Sale $569,000 +76.7% $312 / Sq Ft
01/28/2019 01/28/19 Off Market $322,000 -- --
01/04/2017 01/04/17 Sold $322,000 +1.4% $177 / Sq Ft View Prior Sale
12/05/2016 12/05/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $317,500 -- $174 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bianca Griffith

    Seller's Agent in 2024

    Bianca Griffith

    RE/MAX

    (720) 404-5611

    1 in this area

    44 Total Sales

    Bianca Griffith
    Section Image
  • Sarah Cavey

    Buyer's Agent in 2024

    Sarah Cavey

    West and Main Homes

    (970) 485-0620

    1 in this area

    63 Total Sales

    Sarah Cavey
    Section Image

  • J

    Seller's Agent in 2017

    Joseph Mulder

    Equity Colorado-Front Range

    Section Image
  • Beau Burris

    Buyer's Agent in 2017

    Beau Burris

    Burris Real Estate

    (303) 880-1132

    1 in this area

    32 Total Sales

    Beau Burris
    Section Image
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Map

Source: IRES MLS

MLS Number: 1000250

IRES MLS
Colorado Boulder County Longmont 80504 Kensington

767 Rees Ct, Longmont, CO

Not Listed for Sale

MultiFamily

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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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