NOT LISTED FOR SALE

824 28th Ave Greeley, CO 80634

Estimated Value: $333,000 - $401,162

5 Beds
3 Baths
2,064 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $310,000 $150 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,211/month

13 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Chain Link Fence
  • Brick Veneer
  • High Speed Internet
  • Level Lot

About This Home

As of March 2023

This up(822)/down(824) duplex is a great investment opportunity in a great Greeley location. Upstairs is a 3/2 and downstairs is a 2/1. Both have long term tenants that wish to remain and have a good history with the landlord. Leases are $1200 and $900 and are below market rate. Recently renovated kitchens, new plumbing and newer systems will keep your Cap Ex. down. Detached 2 Car Garage which provides additional revenue opportunities.

Last Agent to Sell the Property

Dan Jones

RE/MAX Alliance-Longmont Listed on: 02/08/2023

Last Buyer's Agent

Desarey Fajardo

Keller Williams 1st Realty

Keller Williams 1st Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1958

Lot Details

  • 8,125 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,064 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Electric Oven or Range
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Mineral Rights Excluded

Schools

  • Maplewood Elementary School
  • Franklin Middle School
  • Greeley Central High School

Utilities

  • Forced Air Heating System
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer
  • Assessor Parcel Number R1795786

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Meadowlark Sub Subdivision

Building Details

  • Gross Income $30,780
  • Net Operating Income $28,038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,742

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street
  • Subdivision Name: MEADOWLARK SUB
  • Directions: FROM HWY 34 TURN NORTH ONTO 28TH AVE. HOUSE IS ON EAST SIDE.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2064
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 5
  • Interior Amenities: High Speed Internet
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Lot Features: Lawn Sprinkler System, Mineral Rights Excluded, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • 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 OF GREELEY
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Maplewood,Scott
  • HighSchool: Greeley Central
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Franklin

Lot Info

  • Zoning: RESIDENTIA
  • Lot Size Sq Ft: 8125
  • Parcel #: R1795786
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1742

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30780
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 2742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2007
Sold by
Miller Danny L and Miller Hannah T
Bought by
1108 8Th Street Llc
Current Estimated Value
$372,131

Purchase Details

Closed on
Jun 29, 2006
Sold by
Reo Management 2004 Inc
Bought by
Miller Danny L and Miller Hannah T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,839
Interest Rate
8.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 2005
Sold by
Alvarado Antonio
Bought by
Reo Management 2004 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 29, 2003
Sold by
Saenz Gabriel
Bought by
Alvarado Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,840
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2003
Sold by
Acuna Alejandro and Moreno Juana
Bought by
Saenz Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
5.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2003
Sold by
Saenz Morayma and Saenz Gabriel
Bought by
Acuna Alejandro and Moreno Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
5.56%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 1997
Sold by
Dotter Abstract Company Inc
Bought by
Saenz Gabriel and Saenz Morayma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,400
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 1997
Sold by
Dotter Clayton H and Dotter Sandra J
Bought by
Dotter Abstract Company

Purchase Details

Closed on
Aug 17, 1994
Sold by
Kimball Louis M and Kimball Audrey J
Bought by
Dotter Clayton H and Dotter Sandra J

Purchase Details

Closed on
Dec 21, 1977
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
1108 8Th Street Llc -- None Available
Miller Danny L $105,094 Fahtco
Reo Management 2004 Inc -- --
Alvarado Antonio $155,000 --
Saenz Gabriel -- --
Saenz Gabriel -- --
Acuna Alejandro $135,000 --
Saenz Gabriel $100,000 --
Dotter Abstract Company $78,000 --
Dotter Clayton H $78,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Danny L $108,800
Previous Owner Miller Danny L $99,839
Previous Owner Ccbw Llc $332,000
Previous Owner Alvarado Antonio $152,840
Previous Owner Acuna Alejandro $132,914
Previous Owner Saenz Gabriel $99,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $310,000 -12.7% $150 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $355,000 -- $172 / 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 $1,872 $24,210 $3,190 $21,020
2024 $1,872 $24,210 $3,190 $21,020
2023 $1,786 $26,020 $3,590 $22,430
2022 $1,742 $19,980 $2,690 $17,290
2021 $1,836 $21,000 $2,820 $18,180
2020 $1,575 $18,070 $2,250 $15,820
2019 $1,579 $18,070 $2,250 $15,820
2018 $1,148 $13,860 $1,800 $12,060
2017 $1,154 $13,860 $1,800 $12,060
2016 $876 $11,840 $1,750 $10,090
2015 $873 $11,840 $1,750 $10,090
2014 $552 $7,300 $1,190 $6,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 981737

IRES MLS

APN: R1795786