NOT LISTED FOR SALE

835 Franklin Ave Berthoud, CO 80513

Estimated Value: $407,000 - $474,000

4 Beds
2 Baths
1,502 Sq Ft
$288/Sq Ft Est. Value

Last Sold July 13, 2015

Last sale price $240,500 $160 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,462/month

74 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Level Lot
  • Berthoud Elementary School Rated A-
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of July 2015

Don't miss out on this great investment opportunity in the heart of downtown Berthoud. Two legal DUPLEX properties can be purchased separately OR combined as a 4-PLEX for a hard to find business opportunity. Each unit offers 2 BDRMS & 1 BATH, washers & dryers & a small fenced outdoor area for each renter. Also included for each tenant, is a large storage shed for bikes, tools & other outdoor gear. Some tenants have lived here 10-20 years, making it a well located & great place to live. NO HOA

Last Agent to Sell the Property

Beth Bishop

Group Harmony Listed on: 03/31/2015

Group Harmony

Last Buyer's Agent

John Sokoll

Stoneforest Real Estate Srvcs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1961

Lot Details

  • 7,004 Sq Ft Lot
  • Level Lot

Home Design

  • Property Attached
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,502 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Berthoud Elementary School
  • Turner Middle School
  • Berthoud High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, water, trash collection
  • Assessor Parcel Number R0477877

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lakeside Subdivision

Building Details

  • Gross Income $17,040
  • Net Operating Income $15,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,104

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Lakeside
  • Directions: Main street Berthoud, North on 8th St to Franklin, turn west, property on North side.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1502
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • 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
  • Water Source: City Water, Town of Berthoud
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Berthoud
  • HighSchool: Berthoud
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Turner

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 7004
  • Parcel #: R0477877
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Water, Trash Collection

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1104

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17040
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
Thompson Lisa and Chickadee Acres Llc
Bought by
Lisa Adrian Mallon Revocable Living Trust
Current Estimated Value
$432,998

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jul 13, 2015
Sold by
Maxx Peak Properties Llc
Bought by
Apg Wyoming Llc
Seller's Agent
Beth Bishop
Group Harmony
Buyer's Agent
John Sokoll
Stoneforest Real Estate Srvcs
List Price
$250,000
Sold Price
$240,500
Premium/Discount to List
-$9,500
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Jan 28, 2012
Sold by
Ervin Elaine C and Ervin Clayton R
Bought by
Maxx Peak Properties Llc

Purchase Details

Closed on
Feb 2, 2011
Sold by
Maxx Peak Properties Llc
Bought by
Ervin Elaine C and Ervin Clayton R

Purchase Details

Closed on
Jan 20, 2009
Sold by
Ervin Clayton R and Ervin Elaine C
Bought by
Maxx Peak Properties Llc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Handley Helen J
Bought by
Ervin Clayton R and Ervin Elaine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1992
Sold by
Bein Thomas C
Bought by
Handley Harold D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lisa Adrian Mallon Revocable Living Trust -- None Listed On Document
Apg Wyoming Llc $240,500 Tggt
Maxx Peak Properties Llc -- None Available
Ervin Elaine C -- None Available
Maxx Peak Properties Llc -- None Available
Ervin Clayton R $153,000 North American Title
Handley Harold D $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ervin Clayton R $137,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $240,500 -- --
07/13/2015 07/13/15 Sold $240,500 -3.8% $160 / Sq Ft
06/13/2015 06/13/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $250,000 -- $166 / Sq Ft
Source: IRES MLS

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 $2,560 $29,707 $2,463 $27,244
2024 $2,469 $30,304 $2,640 $27,664
2022 $2,163 $22,555 $2,679 $19,876
2021 $2,273 $23,716 $2,817 $20,899
2020 $2,314 $24,138 $2,817 $21,321
2019 $2,248 $24,138 $2,817 $21,321
2018 $1,897 $19,303 $2,837 $16,466
2017 $1,673 $19,303 $2,837 $16,466
2016 $1,255 $14,049 $3,136 $10,913
2015 $1,250 $14,050 $3,140 $10,910
2014 $1,104 $11,870 $3,140 $8,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE759017

IRES MLS

APN: 94143-05-003