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Greeley 80631
1803 Fairacre Road
$406,000
● House - Off Market

1803 Fairacre Road

Greeley, CO 80631
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,922 Ft²
$398,909
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Be ready to fall in love with this charming 1950's home. This 4 bedroom, 2 bathroom home sits on a large lot and has an oversized driveway and a 1 car detached garage. The yard has been meticulously designed with dryscape features for water conservation and minimal maintenance in both the front and backyard. When you enter you will immediately feel the inviting atmosphere with the original wood floors and built in shelving. The primary bedroom is located on the main floor, along with a secondary bedroom, and 3/4 bath. The basement boasts two bedrooms, 3/4 bathroom, walk-in laundry room with added storage and a recreation room. All the windows in the home were replaced in 2020 with UNI Design double pane windows, and Norman one touch soft close blinds. You don't want to miss seeing this beautiful home!
Unit Size
1,922 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$208
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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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 #RECIR988848)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
May 31, 2023 Listed by Sears Real Estate $400,000
Listed by Sears Real Estate
Dec 14, 1993 Sold
Premium
Sold
Aug 22, 1988 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • 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: 961
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,400
  • Total Building Area: 2,162
  • Gross Building Area: 2,162
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRACRES
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR 1797 L14 BLK3 FAIRACRES

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 1324
  • Account Number: R3166986
  • Parcel: R3166986
  • Block: 3
  • Lot: 14
  • Meridian: SEC 7 TWN 5N RNG 65W
  • Latitude: 40.411
  • Longitude: -104.705

    Address

  • Full Address: 1803 Fairacre Rd
  • Address - House Number: 1803
  • Address - Street Name: Fairacre
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Greeley
  • Carrier Code: C009
  • 4-Digit Zip Code: 5374
  • Zip Code: 80631

Valuation

    Tax

  • Total Area: 1,922
  • Tax Year: 2023
  • Tax Amount: $100,926
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1313
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 377,149
  • High Value: 426,673
  • Low Value: 327,624

    Market Valuation

  • Market Total Value: $341,360
  • Market Land Value: $62,400
  • Market Improvement Value: $278,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,870
  • Assessed Land Value: $4,180
  • Assessed Improvements Value: $18,690

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4909621
  • Previous Sale Recording Date: Dec 14, 1993
  • Previous Sale Contract Date: Dec 13, 1993
  • Previous Sale Amount: $79,900
  • Previous Sale Document Type: 27
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

1997 ft²

Average Home Age

43.3 years

Currently For Sale

661 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 1803 Fairacre Road built and last sold?
The property at 1803 Fairacre Road was built in 1950 and last sold on Jul 7, 2023 for $406,000.
How much is this home worth?
The estimated value of the home located at 1803 Fairacre Road is $0.
What are some comparable homes to 1803 Fairacre Road?
There are currently no comparable homes to 1803 Fairacre Road.
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