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Greeley 80631
1221 18th St
$449,900
● House - Off Market

1221 18th St

Greeley, CO 80631
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,250 Ft²
$2,354
Est. Monthly
7.44%
Cap Rate

About This Property

Welcome to a charming piece of history! This beautifully renovated historic bungalow perfectly marries classic architectural charm with modern convenience. As you enter, you'll be greeted by a cozy enclosed porch. The interior of this bungalow has been thoughtfully updated. The spacious living areas are enhanced by an abundance of natural light, hardwood floors and  granite kitchen countertops. The upstairs primary bedroom has a nicely remodeled 3/4 bath.  Outside, the beautifully landscaped yard provides a private oasis, perfect for outdoor gatherings or serene relaxation. Located within walking distance of Glenmere Park and UNC.  The home also boasts a lifetime roof, updated plumbing and wiring. Basement also has a rough in to easily add a 1/2 bathroom.
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$200
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1908

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (IRES MLS #1015708)

Price History

Date / Event Date Event Price
Nov 15, 2024 Sold
Premium
Sold
Sep 21, 2024 Price Decreased $449,900
↓ $25K (5.3%)
Price Decreased
Aug 2, 2024 Listed by Sears Real Estate $475,000
Listed by Sears Real Estate
Oct 17, 2018 Sold
Premium
Sold
Jul 3, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 567
  • Garage Type: 1
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,320
  • Gross Building Area: 2,320
  • Building Area: 2,140
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,140
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRANFORDS 2ND ADD
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR 3913 E50FT W140FT S20FT L9 & E50FT W140FT L10 BLK7 2ND CRANFORD

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 000401

Geography

  • Assessors Map Reference: MAP 1324
  • Account Number: R3179486
  • Parcel: R3179486
  • Block: 7
  • Lot: 9
  • Meridian: SEC 7 TWN 5N RNG 65W
  • Latitude: 40.4113
  • Longitude: -104.699

    Address

  • Full Address: 1221 18th St
  • Address - House Number: 1221
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Greeley
  • Carrier Code: C042
  • 4-Digit Zip Code: 5429
  • Zip Code: 80631

Valuation

    Tax

  • Total Area: 2,140
  • Tax Year: 2023
  • Tax Amount: $172,900
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 416,872
  • High Value: 474,116
  • Low Value: 359,629

    Market Valuation

  • Market Total Value: $374,000
  • Market Land Value: $40,000
  • Market Improvement Value: $334,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,060
  • Assessed Land Value: $2,680
  • Assessed Improvements Value: $22,380

    Sales

  • Current Sale Contract Date: Oct 04, 2018
  • Current Sale Recording Date: Oct 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4439294
  • Previous Sale Recording Date: Jul 03, 2013
  • Previous Sale Contract Date: Jun 24, 2013
  • Previous Sale Amount: $219,900
  • 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:

$419,900

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2025 ft²

Average Home Age

42.8 years

Currently For Sale

673 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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IRES

Listed by: Ryan Andre, Sears Real Estate
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1015708
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 1221 18th Street built and last sold?
The property at 1221 18th Street was built in 1908 and last sold on Oct 4, 2018 for $328,000.
How much is this home worth?
The estimated value of the home located at 1221 18th Street is $0.
What are some comparable homes to 1221 18th Street?
There are currently no comparable homes to 1221 18th Street.
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