$700,000
SOLD FEB 21, 2025
13 Beds
7 Baths
2,152 Sq Ft
0.8 Acres

Recently Sold

$325 Per Sq Ft

43% Below List Price

214 Days on Market

Highlights

  • 0.8 Acre Lot
  • Eat-In Kitchen
  • Level Lot
  • No HOA
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of February 2025

Money - Maker. Current actual monthly income is $8,965.00. Property consists of two legal parcels. First parcel R2833986 (514 6th St) has a duplex building, 6 seller owned mobile homes, 2 mobile home lots rented to private owners, and second parcel R8984955 (619 5th Ave) has a 640 Sq. Ft. Home with 1bedroom, 1 bath and a 324 Sq. Ft. detached garage. Tenants pay gas and electric, and landlord pays water, sewer, and trash. Sellers will owner carry. Outside viewing only until property is under contract. Interiors range from decent to so-so.

Last Agent to Sell the Property

Mike Ramstack

Pro Realty Inc

Last Buyer's Agent

Erik Lira Aleman

Pro Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,032

Year Built

  • Built in 1880

Lot Details

  • 0.8 Acre Lot
  • Property fronts an alley
  • Level Lot
  • Legal Non-Conforming
  • Land Lease

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 2,152 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms
  • Primary bathroom on main floor

Parking

  • Alley Access
  • Driveway Level

Schools

  • Billie Martinez Elementary School
  • Franklin Middle School
  • Northridge High School

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Mineral Rights

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R2833986

Community Details

Overview

  • No Home Owners Association
  • 11 Units
  • City Of Greeley Subdivision

Building Details

  • Gross Income $8,517
  • Net Operating Income $5,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,032

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Year Built: 1880
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.8
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: City of Greeley
  • Directions: From US 86 Hwy at 8th St, go West approx. 3 blocks to 5th Ave; turn right(North) & go 1 block to 7th St; property is on the NW corner of the intersection (4 properties).
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Non-conforming, Duplex, Manufactured House
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Mobile Homes
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Level Lot, Level Drive, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 13
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Rubber
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Mineral Rights Included, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: North,East
  • Exterior Features: Lighting, Land Lease
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel Energy
  • Heating: Forced Air, Wall Furnace
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Separate Meter Gas, Atmos Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Billie Martinez
  • HighSchool: Northridge
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Franklin

Lot Info

  • Zoning: I-M
  • Land Lease: Yes
  • Lot Size Sq Ft: 34848
  • Parcel #: R2833986
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3032

Multi Family

  • Number Of Units Total: 11
  • Annual Gross Income: 8516.75
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 3032

Map

Range of Values:

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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 Change Sq Ft Price
02/21/2025 02/21/25 Sold $700,000 0.0% $325 / Sq Ft
08/22/2024 08/22/24 Price Changed $699,999 -43.3% $325 / Sq Ft
07/22/2024 07/22/24 For Sale $1,235,000 -- $574 / 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
2024 $2,692 $36,970 $24,120 $12,850
2023 $2,692 $37,320 $24,350 $12,970
2022 $2,096 $24,040 $12,510 $11,530
2021 $2,163 $24,730 $12,870 $11,860
2020 $2,035 $23,340 $12,870 $10,470
2019 $2,040 $23,340 $12,870 $10,470
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Seller Take Back
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $700,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: IRES MLS

MLS Number: 1014834

IRES MLS

APN: R2833986