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Greeley 80631
2538 16th Avenue
$313,000
● House - Off Market

2538 16th Avenue

Greeley, CO 80631
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,160 Ft²
$1,619
Est. Monthly
4.50%
Cap Rate

About This Property

This lovely home is back on the market.  It is not due to any fault of the seller.It is getting a new roof.  Electrical and plumbing issues have been repaired.  There was a sewer cope and it is in great shape.  This house is ready to move into.  Carpets will be cleaned prior to closing.  Back deck is also getting scraped and painted.  All the work is completed for your buyer.Charming bungalow with a few sweet surprises.  There is a work shop attached to the garage for all those projects on your list, there is a wood burning stove in the spacious family room, for those cozy evenings and a hidden washer/dryer area conveniently  located!   Close to UNC, shopping, churches and a park.  Swamp cooler included for those hot summer days.Don't miss the opportunity to own your own home!!
Unit Size
1,160 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$275
Property Type
House
Property Taxes
$55
HOA Dues
-
Year Built
1955

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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 #RECIR999609)

Price History

Date / Event Date Event Price
Mar 7, 2024 Sold
Premium
Sold
Nov 14, 2023 Listed by Realty One Group Fourpoints $318,500
Listed by Realty One Group Fourpoints
Nov 20, 2001 Sold
Premium
Sold
Jul 30, 2001 Listed by Realty One Group Fourpoints $124,900
Listed by Realty One Group Fourpoints
Sep 5, 2000 Sold
Premium
Sold

Property Highlights

With View
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FARRS 3RD ADD
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR 3F13-10 L10 BLK13 FARRS 3RD

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 1346
  • Account Number: R3659886
  • Parcel: R3659886
  • Block: 13
  • Lot: 10
  • Meridian: SEC 18 TWN 5N RNG 65W
  • Latitude: 40.3957
  • Longitude: -104.705

    Address

  • Full Address: 2538 16th Ave
  • Address - House Number: 2538
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C017
  • 4-Digit Zip Code: 8202
  • Zip Code: 80631

Valuation

    Tax

  • Total Area: 864
  • Tax Year: 2023
  • Tax Amount: $71,814
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1458
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 312,665
  • High Value: 358,268
  • Low Value: 267,061

    Market Valuation

  • Market Total Value: $287,566
  • Market Land Value: $55,000
  • Market Improvement Value: $232,566

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,270
  • Assessed Land Value: $3,690
  • Assessed Improvements Value: $15,580

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 07, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4948004
  • Previous Sale Recording Date: Nov 20, 2001
  • Previous Sale Contract Date: Nov 19, 2001
  • Previous Sale Amount: $124,900
  • 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:

$419,900

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2034 ft²

Average Home Age

42.7 years

Currently For Sale

673 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 2538 16th Avenue built and last sold?
The property at 2538 16th Avenue was built in 1955 and last sold on Feb 28, 2024 for $313,000.
How much is this home worth?
The estimated value of the home located at 2538 16th Avenue is $0.
What are some comparable homes to 2538 16th Avenue?
There are currently no comparable homes to 2538 16th Avenue.
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