NOT LISTED FOR SALE

929 6th St Berthoud, CO 80513

Estimated Value: $809,000 - $877,000

2 Beds
2 Baths
3,150 Sq Ft
$268/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $740,000 $235 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,030/month

15 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Brick Veneer
  • Berthoud Elementary School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2021

Great investment opportunity in the growing town of Berthoud. Low maintenance brick tri-plex. All units are 2 bedroom with garden level basements. Unit #1 has 1 3/4 baths. The other 2 units have 1 1/2 baths. 9 off street parking spaces provide ample parking for the property. Detached 3 car garage/shop, could potentially be converted to a 4th rental unit, pending city approval. All units were recently remodeled and are in excellent shape. Small deck off of each unit. Newer furnaces. Always rented with no vacancies in the last 3 years. Close to all the amenities that downtown Berthoud has to offer.

Last Agent to Sell the Property

Jeffrey Jorissen

Resident Realty Listed on: 07/12/2021

Resident Realty

Last Buyer's Agent

Keith Robinson

WK Real Estate

WK Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,961

Year Built

  • Built in 1969

Lot Details

  • 9,240 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Sprinkler System

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 3,150 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

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

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0480312

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Garden Fair Homes Subdivision

Building Details

  • Gross Income $50,400
  • Net Operating Income $46,439

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,961

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Year Built: 1969
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Garden Fair Homes
  • Directions: From Hwy 56 (main street) go North on 6th to property on West side of road
  • Unit Levels: One and One Half
  • New Construction: No
  • Structure Type: Legal Conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3150
  • Special Features: None
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Has Basement: Daylight
  • Total Bedrooms: 2
  • Interior Amenities: Cathedral/Vaulted Ceilings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • 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: R3
  • Lot Size Sq Ft: 9240
  • Parcel #: R0480312
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3961

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 50400
  • Annual Operating Expense: 3961

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 25, 2021
Sold by
Zac Investments Llc
Bought by
Patterson Family Investmentslcl
Seller's Agent
Jeffrey Jorissen
Resident Realty
Buyer's Agent
Keith Robinson
WK Real Estate
List Price
$720,000
Sold Price
$740,000
Premium/Discount to List
$20,000
2.78%
Current Estimated Value
$845,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,713
Avg. Annual Appreciation
-1.16%
Original Mortgage
$370,000
Outstanding Balance
$255,353
Interest Rate
2.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$451,760

Purchase Details

Listed on
Mar 9, 2018
Closed on
Apr 5, 2018
Sold by
Mallett Douglas R and Mallett Charlotte A
Bought by
Z A C Investment Llc
Seller's Agent
William Myers
Resident Realty North Metro
Buyer's Agent
Jeffrey Jorissen
Resident Realty
List Price
$595,000
Sold Price
$570,000
Premium/Discount to List
-$25,000
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$384,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 1, 1989
Bought by
Mallett Douglas R
Source: Public Records

Range of Values:

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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
Patterson Family Investmentslcl $740,000 First American Title Ins Co
Z A C Investment Llc $570,000 First American Title
Mallett Douglas R $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Family Investments Llc $370,000
Previous Owner Z A C Investment Llc $384,000
Previous Owner Mallett Douglas R $196,300
Previous Owner Mallett Douglas R $193,000
Previous Owner Mallett Douglas R $183,900
Previous Owner Mallett Douglas R $124,000
Previous Owner Mallett Douglas R $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Off Market $740,000 -- --
08/25/2021 08/25/21 Sold $740,000 +2.8% $235 / Sq Ft
07/12/2021 07/12/21 For Sale $720,000 +26.3% $229 / Sq Ft
07/11/2019 07/11/19 Off Market $570,000 -- --
04/12/2018 04/12/18 Sold $570,000 -4.2% $180 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $595,000 -- $188 / 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 $4,303 $48,435 $2,640 $45,795
2024 $4,150 $48,435 $2,640 $45,795
2022 $3,741 $39,011 $2,679 $36,332
2021 $3,931 $41,019 $2,817 $38,202
2020 $3,961 $41,313 $2,817 $38,496
2019 $3,848 $41,313 $2,817 $38,496
2018 $2,187 $22,255 $2,837 $19,418
2017 $1,929 $22,255 $2,837 $19,418
2016 $1,809 $20,250 $3,136 $17,114
2015 $1,801 $20,250 $3,140 $17,110
2014 $1,521 $16,350 $3,140 $13,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 945648

IRES MLS

APN: 94144-11-009