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Greeley 80634
2502 28th Avenue
$391,000
● House - Off Market

2502 28th Avenue

Greeley, CO 80634
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,937 Ft²
$461,986
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Situated on a 1/4 acre corner lot Wonderful tri level home with basement has great layout.  Nicely updated with Newer roof, appliances, carpet, fixtures, 50 gal WH and new HE Lennox furnace.  Lower level opens to nice size patio in private park like setting.  Lots of edible plants and garden beds.  Eat in Kitchen + formal dining + 3 living areas. Wood burning fireplace for cozy nights. Master suite and 2 add'l bed w/ full bath complete the upper level.  Craft rm/office  and 529 sq ft garage.
Unit Size
1,937 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$196
Property Type
House
Property Taxes
$136
HOA Dues
-
Year Built
1979

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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 (REcolorado MLS #RECIR935499)

Price History

Date / Event Date Event Price
Apr 21, 2021 Sold
Premium
Sold
Mar 17, 2021 Listed by RE/MAX Advanced Inc. $379,900
Listed by RE/MAX Advanced Inc.
Sep 28, 2018 No longer available -
No longer available
Sep 26, 2018 Sold
Premium
Sold
Aug 22, 2018 Listed by RE/MAX Advanced Inc. $299,000
Listed by RE/MAX Advanced Inc.

Property Highlights

Garage
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 41
  • 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: 648
  • Garage Type: 1
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,274
  • Total Building Area: 2,768
  • Gross Building Area: 2,768
  • Building Area: 2,111
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,111
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASCADE PARK SOUTH
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR CS8-7 L7 BLK8 CASCADE PARK SOUTH

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 001100

Geography

  • Assessors Map Reference: MAP 1292
  • Account Number: R2418686
  • Parcel: R2418686
  • Block: 8
  • Lot: 7
  • Meridian: SEC 13 TWN 5N RNG 66W
  • Latitude: 40.3974
  • Longitude: -104.727

    Address

  • Full Address: 2502 28th Ave
  • Address - House Number: 2502
  • Address - Street Name: 28th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C030
  • 4-Digit Zip Code: 7633
  • Zip Code: 80634

Valuation

    Tax

  • Total Area: 2,239
  • Tax Year: 2023
  • Tax Amount: $195,464
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1397
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 428,976
  • High Value: 488,934
  • Low Value: 369,019

    Market Valuation

  • Market Total Value: $415,666
  • Market Land Value: $65,000
  • Market Improvement Value: $350,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,850
  • Assessed Land Value: $4,360
  • Assessed Improvements Value: $23,490

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: Apr 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4706707
  • Previous Sale Recording Date: Sep 26, 2018
  • Previous Sale Contract Date: Sep 26, 2018
  • Previous Sale Amount: $299,000
  • 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:

$419,950

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2042 ft²

Average Home Age

42.3 years

Currently For Sale

669 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 2502 28th Avenue built and last sold?
The property at 2502 28th Avenue was built in 1979 and last sold on Apr 19, 2021 for $391,000.
How much is this home worth?
The estimated value of the home located at 2502 28th Avenue is $0.
What are some comparable homes to 2502 28th Avenue?
There are currently no comparable homes to 2502 28th Avenue.
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