NOT LISTED FOR SALE

Estimated Value: $705,887

4 Beds
2 Baths
5,410 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2020

Last sale price $565,000 $104 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,412 / mo

3 Days on Market

Highlights

  • City View
  • Brick Veneer
  • Forced Air Heating System
  • No HOA
  • Evaporated cooling system
  • Ceiling Fan

About This Home

As of November 2020

DIRECTLY Across the Street from UNC Campus!! This all brick building consists of a FULLY remodeled & very desirable 4 bedroom 2 bath, Upper loft unit Overlooking the UNC Campus w/ New flooring, Paint, Baths, Kitchen, Brick exposed walls and New Windows. The lower is a fully rented restaurant/commercial space consisting of over 1800 sqft w/ a 1800 sqft basement.Lots of money spent on tenant finishes and building upgrades. Nothing like this property on Campus. Zero vacancy and easily rented in one the best locations on the UNC Campus.

Last Agent to Sell the Property

Bobby Khankhanian

Integrity Realty License #40015962 Listed on: 09/22/2020

Last Buyer's Agent

Bobby Khankhanian

Integrity Realty License #40015962 Listed on: 09/22/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,522

Year Built

  • Built in 1952

Lot Details

  • 2,884 Sq Ft Lot

Home Design

  • Brick Veneer

Interior Spaces

  • 5,410 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • City Views
  • Electric Oven or Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R3272086

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Greeley City Subdivision

Building Details

  • Gross Income $53,185
  • Net Operating Income $40,907

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,522

Year Built

Built in 1952

Lot Details

2,884 Sq Ft Lot

Listing Details

  • Year Built: 1952
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: Greeley City
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5410
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family, Commercial or Industrial, Additional Units
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Unfinished
  • Total Bedrooms: 4
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Atmos

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Other
  • HighSchool: Other
  • Junior High Dist: Weld County School District RE-3J
  • Middle Or Junior School: Other

Lot Info

  • Zoning: Commercial
  • Lot Size Sq Ft: 2884
  • Parcel #: R3272086
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4522

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 53184.96
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 4, 2020
Sold by
Kgb Holdings Llc
Bought by
Blue Oak Properties Llc
Seller's Agent
Bobby Khankhanian
Integrity Realty
Buyer's Agent
Bobby Khankhanian
Integrity Realty
List Price
$595,000
Sold Price
$565,000
Premium/Discount to List
-$30,000
-5.04%
Current Estimated Value
$705,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,887
Avg. Annual Appreciation
4.15%
Original Mortgage
$395,500
Outstanding Balance
$347,777
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$358,110

Purchase Details

Closed on
Mar 15, 2019
Sold by
Hamilton Investments Llc
Bought by
Kgb Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,250
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2006
Sold by
Debella John P
Bought by
Hamilton Investments Llc

Purchase Details

Closed on
Jul 15, 1977
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blue Oak Properties Llc $565,000 Land Title Guarantee Company
Kgb Holdings Llc $375,000 Heritage Title Company
Hamilton Investments Llc $240,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Oak Properties Llc $395,500
Previous Owner Kgb Holdings Llc $306,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2021 02/02/21 Off Market $565,000 -- --
11/04/2020 11/04/20 Sold $565,000 -5.0% $104 / Sq Ft
09/22/2020 09/22/20 For Sale $595,000 -- $110 / 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 $8,043 $122,950 $3,780 $119,170
2024 $8,043 $122,950 $3,780 $119,170
2023 $7,691 $101,800 $3,940 $97,860
2022 $6,255 $67,840 $2,540 $65,300
2021 $6,334 $68,510 $2,570 $65,940
2020 $4,511 $48,940 $2,570 $46,370
2019 $4,522 $48,940 $2,570 $46,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE924698

IRES MLS

APN: R3272086

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