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Greeley 80631
2502 15th Ave
$398,000
● House - Off Market

2502 15th Ave

Greeley, CO 80631
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,913 Ft²
$403,101
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Don't miss out on this opportunity for a great investment property close to UNC Campus. This property can be used in a variety of ways with different room configurations 4 bedroom/2 bath home with room to roam. The large family room has a real wood burning fireplace and the Rec room in the basement also has a built in desk! Covered back patio with vinyl fenced backyard. Unique investment property located close to UNC campus.
Unit Size
2,913 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$137
Property Type
House
Property Taxes
$92
HOA Dues
-
Year Built
1956

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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 (IRES MLS #985594)

Price History

Date / Event Date Event Price
Jun 1, 2023 Sold
Premium
Sold
Apr 15, 2023 Listed by American Classic RE CO $400,000
Listed by American Classic RE CO

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1962
  • 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: 988
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,680
  • Total Building Area: 2,919
  • Gross Building Area: 2,919
  • Building Area: 2,314
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,314
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FARRS 3RD ADD
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR 3F15-1 L1BLK15 FARRS 3RD

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 000900

Geography

  • Assessors Map Reference: MAP 1346
  • Account Number: R3664586
  • Parcel: R3664586
  • Block: 15
  • Lot: 1
  • Meridian: SEC 18 TWN 5N RNG 65W
  • Latitude: 40.3971
  • Longitude: -104.703

    Address

  • Full Address: 2502 15th Ave
  • Address - House Number: 2502
  • Address - Street Name: 15th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C017
  • 4-Digit Zip Code: 8327
  • Zip Code: 80631

Valuation

    Tax

  • Total Area: 2,413
  • Tax Year: 2023
  • Tax Amount: $180,502
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 406,129
  • High Value: 469,207
  • Low Value: 343,052

    Market Valuation

  • Market Total Value: $388,239
  • Market Land Value: $55,000
  • Market Improvement Value: $333,239

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,020
  • Assessed Land Value: $3,690
  • Assessed Improvements Value: $22,330

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 4901409
  • Previous Sale Recording Date: Apr 30, 1955
  • Previous Sale Contract Date: Apr 27, 1955
  • 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

1992 ft²

Average Home Age

43.7 years

Currently For Sale

671 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: Susan McClain, American Classic RE CO
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 985594
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 2502 15th Avenue built and last sold?
The property at 2502 15th Avenue was built in 1956 and last sold on May 31, 2023 for $398,000.
How much is this home worth?
The estimated value of the home located at 2502 15th Avenue is $0.
What are some comparable homes to 2502 15th Avenue?
There are currently no comparable homes to 2502 15th Avenue.
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