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Greeley 80631
505 13th Avenue
$345,000
● House - Off Market

505 13th Avenue

Greeley, CO 80631
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,026 Ft²
$1,822
Est. Monthly
5.64%
Cap Rate

About This Property

Great opportunity to own a home near UNC campus, medical facilities, and the town of Greeley. Currently leased as a non conforming duplex, could be used as a single family home. Upstairs has beautiful wood floors.  Front yard has low maintenance xeriscaping. Behind home there are two detached garages, one garage is 12' x 21', second garage is 17 ' x 21'. Water heater is approximately 1 year old, and newer windows throughout the home.
Unit Size
2,026 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$170
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1956

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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 #RECIR1006215)

Price History

Date / Event Date Event Price
May 17, 2024 Sold
Premium
Sold
Apr 28, 2024 In contract -
In contract
Apr 2, 2024 Listed by Dynamic Real Estate Services $345,000
Listed by Dynamic Real Estate Services
Jun 24, 2021 Sold
Premium
Sold
Mar 4, 2015 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 6
  • Basement Area: 1,048
  • Garage Type: 1
  • Garage Square Area: 682
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 2,778
  • Gross Building Area: 2,778
  • Building Area: 2,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,026
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREELEY CITY
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR 4675 S50 N102 E140 L1 BLK29

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 000502

Geography

  • Assessors Map Reference: MAP 1320
  • Account Number: R2983086
  • Parcel: R2983086
  • Block: 29
  • Lot: 1
  • Meridian: SEC 6 TWN 5N RNG 65W
  • Latitude: 40.4283
  • Longitude: -104.7

    Address

  • Full Address: 505 13th Ave
  • Address - House Number: 505
  • Address - Street Name: 13th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C028
  • 4-Digit Zip Code: 3289
  • Zip Code: 80631

Valuation

    Tax

  • Total Area: 2,096
  • Tax Year: 2023
  • Tax Amount: $152,522
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1313
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 362,963
  • High Value: 410,625
  • Low Value: 315,302

    Market Valuation

  • Market Total Value: $336,489
  • Market Land Value: $49,000
  • Market Improvement Value: $287,489

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,540
  • Assessed Land Value: $3,280
  • Assessed Improvements Value: $19,260

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4728881
  • Previous Sale Recording Date: Mar 04, 2015
  • Previous Sale Contract Date: Feb 09, 2015
  • Previous Sale Amount: $110,000
  • 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

1990 ft²

Average Home Age

43.7 years

Currently For Sale

670 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 505 13th Avenue built and last sold?
The property at 505 13th Avenue was built in 1956 and last sold on Jun 15, 2021 for $283,500.
How much is this home worth?
The estimated value of the home located at 505 13th Avenue is $0.
What are some comparable homes to 505 13th Avenue?
There are currently no comparable homes to 505 13th Avenue.
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