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Greeley 80634
8601 16th St
$410,000
● House - Off Market

8601 16th St

Greeley, CO 80634
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,246 Ft²
$417,143
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

This home includes 3 bedrooms and 2 bathrooms, as well as a 2 car garage that is 23' deep in one of the bays and an unfinished basement. The exterior features  classic design elements. The open floor plan offers comfortable living spaces with a spacious living room, dining area and kitchen. The bedrooms are all on one side of the home, and the master bedroom has an ensuite  3/4 bathroom. The unfinished basement provides plenty of storage space and potential for future expansion. Overall, this ranch style home provides a functional and practical living space for all!
Unit Size
1,246 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$329
Property Type
House
Property Taxes
$144
HOA Dues
$21
Year Built
2018

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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 #983081)

Price History

Date / Event Date Event Price
Apr 18, 2023 Sold
Premium
Sold
Mar 8, 2023 Listed by Sears Real Estate $410,000
Listed by Sears Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • 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
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,246
  • Garage Type: 1
  • Garage Square Area: 434
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,438
  • Total Building Area: 2,926
  • Gross Building Area: 2,926
  • Building Area: 1,246
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,246
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRAILS AT SHEEP DRAW
  • Land Acres: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 307 TRAILS AT SHEEP DRAW

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 002101

Geography

  • Account Number: R8953862
  • Subdivision Tract Number: 3
  • Parcel: R8953862
  • Lot: 307
  • Latitude: 40.4146
  • Longitude: -104.818

    Address

  • Full Address: 8601 16th St
  • Address - House Number: 8601
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Greeley
  • Carrier Code: R015
  • 4-Digit Zip Code: 3081
  • Zip Code: 80634

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $190,886
  • Tax Rate Code Area: 0446

    Appraisal Valuation

  • Standard Deviation: 0.1536
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 426,979
  • High Value: 492,576
  • Low Value: 361,382

    Market Valuation

  • Market Total Value: $415,824
  • Market Land Value: $79,000
  • Market Improvement Value: $336,824

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,860
  • Assessed Land Value: $5,290
  • Assessed Improvements Value: $22,570

    Sales

  • Current Sale Contract Date: Apr 13, 2023
  • Current Sale Recording Date: Apr 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4893161
  • Previous Sale Recording Date: Jul 13, 2018
  • Previous Sale Contract Date: Jul 12, 2018
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 68
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

1986 ft²

Average Home Age

43.5 years

Currently For Sale

663 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: Brad Inhulsen, Sears Real Estate
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 983081
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 8601 16th Street built and last sold?
The property at 8601 16th Street was built in 2018 and last sold on Apr 13, 2023 for $410,000.
How much is this home worth?
The estimated value of the home located at 8601 16th Street is $0.
What are some comparable homes to 8601 16th Street?
There are currently no comparable homes to 8601 16th Street.
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