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Weld 80631
1704 Elder Avenue
$600,000
● House - Off Market

1704 Elder Avenue

Greeley, CO 80631
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,876 Ft²
$709,500
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Here is the home you have been looking for, immaculately maintained and ready to move in. It is complete with an extra 2 car garage and a huge 37X40, 1480 sq ft Heated shop for all your tools and toys. With 8 inches of road base to park on and a 43ft gate to get in and more than an Acre, it has space to park your RV or work trucks and the shop is large enough to work on most any vehicle. Updates include High impact resistant shingles, New rain gutters, and vinyl windows on the house, a new Insulated garage door, New roof and front on the shop, and a Hot Tub included. In the kitchen, the oven is a conventional on the top and Convection on the bottom. The work bench on the West wall of the shop is included also. Landscaping water comes from an irrigation well.
Unit Size
1,876 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$333
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1964

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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 #RECIR947377)

Price History

Date / Event Date Event Price
Sep 13, 2021 Sold
Premium
Sold
Jul 30, 2021 Listed by Pro Realty, LLC $625,000
Listed by Pro Realty, LLC
May 3, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • 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: 532
  • Garage Type: 1
  • Garage Square Area: 1,016
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 2,892
  • Gross Building Area: 2,892
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAINBOW ACRES 1ST ADD
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: 1RA-14 L14 1ST RAINBOW ACRES

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 000705

Geography

  • Assessors Map Reference: MAP 1336
  • Account Number: R3373186
  • Parcel: R3373186
  • Lot: 14
  • Meridian: SEC 10 TWN 5N RNG 65W
  • Latitude: 40.4119
  • Longitude: -104.648

    Address

  • Full Address: 1704 Elder Ave
  • Address - House Number: 1704
  • Address - Street Name: Elder
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C026
  • 4-Digit Zip Code: 6302
  • Zip Code: 80631

Valuation

    Tax

  • Total Area: 1,876
  • Tax Year: 2023
  • Tax Amount: $236,760
  • Tax Rate Code Area: 0684

    Appraisal Valuation

  • Standard Deviation: 0.1248
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 86
  • Final Value: 627,349
  • High Value: 705,657
  • Low Value: 549,042

    Market Valuation

  • Market Total Value: $518,520
  • Market Land Value: $113,772
  • Market Improvement Value: $404,748

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,740
  • Assessed Land Value: $7,620
  • Assessed Improvements Value: $27,120

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4755705
  • Previous Sale Recording Date: May 03, 2016
  • Previous Sale Contract Date: Apr 25, 2016
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: 40
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 Weld

Stats & Trends

Median Asking:

$497,000

Sale Price/ft²

$246

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2223 ft²

Average Home Age

22.4 years

Currently For Sale

3145 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 1704 Elder Avenue built and last sold?
The property at 1704 Elder Avenue was built in 1964 and last sold on Sep 13, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 1704 Elder Avenue is $579,557.
What are some comparable homes to 1704 Elder Avenue?
There are currently no comparable homes to 1704 Elder Avenue.
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