Neighborhood
5525 W 2nd St, Greeley, CO 80634
3 beds · 3 baths · 1,860 sq ft · Lot: 9,002 sq ft · Single Family Home · Last Sold: $300K in 2003 · Built: 2002
Est. Value:
$428K
Est. Rent:
$2.3K/month

5525 W 2nd St Greeley, CO 80634

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3 beds · 3 baths · 1,860 sq ft · Lot Size: 9,002 sq ft · Single Family Home · Kelly Farm
Est. Property Value: $427,634

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5525 W 2nd St is in the Kelly Farm neighborhood of Greeley, CO. It is located in Weld County and ZIP code 80634. This Single Family Home was built in 2002 and is approximately 23 years old. The single family home spans 1860 sq ft with 3 bedrooms and 3 bathrooms and sits on a 9002 sq ft lot. According to public records, it was last sold in 2003 for $299,900. The Kelly Farm area of Greeley has 157 residential homes with an average size of 1777 sq ft. Analyze and compare real estate investment strategies for properties like this home at 5525 W 2nd St Greeley, CO 80634 with Property Intel by Whitepages.

Investment Potential for 5525 W 2nd St

The property has a current estimated value of $427,634, which is 1% above the neighborhood median, based on public records. It last sold on August 25, 2003 for $300K. Projected long-term
is $27,600 annually ($2,300 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 80634 zip code
 
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Owners & Occupancy for 5525 W 2nd St

This property is owned by David James Price. Owner contact information includes 3 phone numbers and 5 email addresses.

Property Owners

Residence***********
Landline(305) 534-7122
Distance from Property**********
Email Address************@gmail.comView Email
OccupationBusiness Operations Manager, International Business Machines
Cell Phone(970) ***-****View Cell Phone
Residence***********
Landline(606) 677-0266
Distance from Property**********
Email Address***********@gmail.comView Email

Property Ownership Information

Purchase DateAugust 25, 2003
Property Tax Amount$2,300 in 2023
Purchase Price$299,900

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 26
Resident 2***************** age 50
Resident 3***************** age 50

Property Details for 5525 W 2nd St

Property Details

Property Sq Ft

Living Area

1,860 sq ft

5% above market

Lot Size

9,002 sq ft

28% above market

Price Per Sq Ft

Living Area

$230 / sq ft

5% below market

Lot Size Area

$48 / sq ft

19% below market

Property condition, age, exterior, etc. for 5525 W 2nd…
Longitude: -104.771575 Latitude: 40.43268 Parcel Number (APN): R8487400…
Mortgage originated on through lender: Market Street Mtg Corp for$******View Mortgage Details
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Market Benchmarks

Compare data for 5525 W 2nd St in Weld County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$427,634
$555,682
-$128,048 (-23%)
$652,673
-$203,964 (-31%)
YoY Price Change
1.54%
146%
Year Built
2002
1987
15 years
Living Space
1,860 sq ft
1,760 sq ft
100 (6%)
$ Per Living Sq Ft
$230
$312
-$83 (-26%)
Lot Size
9,002 sq ft
7,791 sq ft
1211 (16%)
$ Per Lot Sq Ft
$48
$74
-$27 (-36%)

Net Operating Income
$24,336
-$5,832 (-24%)
Annual Revenue
$27,600
$34,800
-$7,200 (-21%)
$9,947
-$851 (-9%)
Net Operating Income
$24,336
-$5,832 (-24%)
Cap Rate
4.16%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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