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Greeley 80634
2581 56th Avenue
$680,000
● House - Off Market

2581 56th Avenue

Greeley, CO 80634
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,800 Ft²
$703,824
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Highland Park West at its BEST!  Situated on a half acre lot, this 3,800 square foot home has two oversized two car heated garages including a shop.  4 bed, 4 bath with a full finished basement that includes a kitchenette, full bath, study and two large walk-in closets.  Spacious master suite with a gas fireplace, custom walk-in closet, Jacuzzi tub, dual vanities and a private deck.  Gas fireplace in living room and gas stove in family room.  Main floor laundry and utility sink with washer & dryer included.  All appliances stay including the refrigerator in the basement and garage. Newly upgraded Timber Tech composite deck with attached gazebo, built-in enclosed barbeque with pass through window to kitchen, central A/C, NEW roof, shed, sprinkler and beautiful landscaping!  One year home warranty included.
Unit Size
3,800 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$163
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1986

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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 #RECIR949628)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Sep 21, 2021 Sold
Premium
Sold
Aug 26, 2021 Listed by Sears Real Estate $620,000
Listed by Sears Real Estate
Dec 9, 1992 Sold
Premium
Sold
Sep 23, 1986 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 40
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,347
  • Garage Type: 1
  • Garage Square Area: 1,274
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,090
  • Total Building Area: 5,101
  • Gross Building Area: 5,101
  • Building Area: 3,491
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,491
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PARK WEST
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR HW6-2 L2 BLK6 HIGHLAND PARK WEST

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 001408

Geography

  • Assessors Map Reference: MAP 1297
  • Account Number: R2547586
  • Parcel: R2547586
  • Block: 6
  • Lot: 2
  • Meridian: SEC 15 TWN 5N RNG 66W
  • Latitude: 40.3973
  • Longitude: -104.771

    Address

  • Full Address: 2581 56th Ave
  • Address - House Number: 2581
  • Address - Street Name: 56th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C016
  • 4-Digit Zip Code: 4503
  • Zip Code: 80634

Valuation

    Tax

  • Total Area: 3,828
  • Tax Year: 2023
  • Tax Amount: $358,174
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1231
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 86
  • Final Value: 728,224
  • High Value: 817,938
  • Low Value: 638,509

    Market Valuation

  • Market Total Value: $716,000
  • Market Land Value: $100,000
  • Market Improvement Value: $616,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,970
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $41,270

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4773745
  • Previous Sale Recording Date: Sep 21, 2021
  • Previous Sale Contract Date: Sep 13, 2021
  • Previous Sale Amount: $680,000
  • 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:

$420,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1991 ft²

Average Home Age

43.5 years

Currently For Sale

669 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 2581 56th Avenue built and last sold?
The property at 2581 56th Avenue was built in 1986 and last sold on Nov 5, 2021 for $680,000.
How much is this home worth?
The estimated value of the home located at 2581 56th Avenue is $638,247.
What are some comparable homes to 2581 56th Avenue?
There are currently no comparable homes to 2581 56th Avenue.
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