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Greeley 80631
1031 2nd Avenue
$300,000
● House - Off Market

1031 2nd Avenue

Greeley, CO 80631
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,632 Ft²
$319,317
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Large corner lot 3 bed, 2 bath, 2 car with additional 1 car detached or storage. No HOA with room for toys. 4th room could work as an office, non conforming bedroom or storage...you choose. Needs some TLC and is being sold AS IS. New windows throughout and the patio slider door is less than 3 years old. New garage door opener.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$193
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (REcolorado MLS #RECIR959717)

Price History

Date / Event Date Event Price
Apr 18, 2022 Sold
Premium
Sold
Feb 27, 2022 Listed by Coldwell Banker Realty-FtC $315,000
Listed by Coldwell Banker Realty-FtC
Jul 25, 2016 Sold
Premium
Sold
Sep 22, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 856
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Total Building Area: 2,488
  • Gross Building Area: 2,488
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREELEY CITY
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR 277 E75 OF SE4 BLK132 EXC N90

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 000701

Geography

  • Assessors Map Reference: MAP 1316
  • Account Number: R2857586
  • Parcel: R2857586
  • Block: 132
  • Meridian: SEC 5 TWN 5N RNG 65W
  • Latitude: 40.4213
  • Longitude: -104.68

    Address

  • Full Address: 1031 2nd Ave
  • Address - House Number: 1031
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C037
  • 4-Digit Zip Code: 4201
  • Zip Code: 80631

Valuation

    Tax

  • Total Area: 1,632
  • Tax Year: 2023
  • Tax Amount: $175,084
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 360,828
  • High Value: 416,869
  • Low Value: 304,786

    Market Valuation

  • Market Total Value: $378,036
  • Market Land Value: $57,750
  • Market Improvement Value: $320,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,330
  • Assessed Land Value: $3,870
  • Assessed Improvements Value: $21,460

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4819354
  • Previous Sale Recording Date: Jul 25, 2016
  • Previous Sale Contract Date: Jul 22, 2016
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Greeley

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2015 ft²

Average Home Age

43.1 years

Currently For Sale

682 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 1031 2nd Avenue built and last sold?
The property at 1031 2nd Avenue was built in 1900 and last sold on Apr 15, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 1031 2nd Avenue is $319,727.
What are some comparable homes to 1031 2nd Avenue?
There are currently no comparable homes to 1031 2nd Avenue.
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