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Greeley 80634
1305 23rd Ave
$331,000
● House - Off Market

1305 23rd Ave

Greeley, CO 80634
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,180 Ft²
$337,909
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Price Reduced! Captivating classic mid-century modern abounds with potential and opportunity. Needs cosmetic updates and upgrades but has "good bones." This ranch-style home as three bedrooms and one bathroom on the main level. The partially finished basement includes one non-conforming bedroom, a bathroom, and large family room. Furnace and A/C 10 years old. Water heater 1 year old. Main level windows have been replaced. Sold as is. Priced to reflect cosmetic condition and location on busy street.
Unit Size
2,180 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$149
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1956

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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: 3 years ago (IRES MLS #972868)

Price History

Date / Event Date Event Price
Sep 12, 2022 Sold
Premium
Sold
Aug 8, 2022 Listed by RE/MAX Advanced Inc. $324,900
Listed by RE/MAX Advanced Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 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: 6
  • Basement Area: 1,200
  • Garage Type: 3
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 2,180
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,180
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTVIEW
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR 6436 L2BLK1 WESTVIEW

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 001201

Geography

  • Assessors Map Reference: MAP 1286
  • Account Number: R2159486
  • Parcel: R2159486
  • Block: 1
  • Lot: 2
  • Meridian: SEC 12 TWN 5N RNG 66W
  • Latitude: 40.4181
  • Longitude: -104.716

    Address

  • Full Address: 1305 23rd Ave
  • Address - House Number: 1305
  • Address - Street Name: 23rd
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C025
  • 4-Digit Zip Code: 6418
  • Zip Code: 80634

Valuation

    Tax

  • Total Area: 2,400
  • Tax Year: 2023
  • Tax Amount: $167,240
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1536
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 373,003
  • High Value: 430,308
  • Low Value: 315,698

    Market Valuation

  • Market Total Value: $363,687
  • Market Land Value: $53,000
  • Market Improvement Value: $310,687

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,370
  • Assessed Land Value: $3,550
  • Assessed Improvements Value: $20,820

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Sep 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4854532
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

1991 ft²

Average Home Age

43.7 years

Currently For Sale

675 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: Eric Kronwall, RE/MAX Advanced Inc.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 972868
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 1305 23rd Avenue built and last sold?
The property at 1305 23rd Avenue was built in 1956 and last sold on Sep 9, 2022 for $331,000.
How much is this home worth?
The estimated value of the home located at 1305 23rd Avenue is $0.
What are some comparable homes to 1305 23rd Avenue?
There are currently no comparable homes to 1305 23rd Avenue.
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