Public Remarks: Compare this price to any other four unit properties available in Greeley/Evans! Low maintenance in easy access location. Located in a high density rental area for the investor looking for cash flow. Near shopping and dining, and not far from UNC. Bus location in front of property. Upgrades include granite countertops, and energy efficient windows. Low maintenance grounds w/ sprinklers. Buyer to verify square ft & schools. Owner is a licensed Real Estate Broker in Colorado.
TownhomeProperty Type
1995Year Built
8,276 sq ftLot Size
$206Est. Price/Sq.Ft.
8 spacesParking
Listed by Larry Frazier• Pro Realty Inc
Contact: 9703531117
Bought with Jorge Espinoza• Mtn Vista Real Estate Co., LLC
Earnest $. Property in auction. NO SHOWINGS UNTIL MOLD ADDENDUM IS SIGNED. CALL LISTING OFFICE TO HAVE FAXED TO YOU. ALL OFFERS MUST HAVE A PRE-QUAL LETTER FROM WELLS FARGO LENDER. BUYER TO VERIFY MEASUREMENTS. AGENTS TO INCLUDE CELL # AND e-MAIL ADDRESS WITH OFFERS. PROOF OF FINANCING REQUIRED ON ALL OFFERS. SOLD AS-IS CONDITION.
IRES as Distributed by MLS Grid #488647
Oct 11, 2006
Listing Removed
—
Apr 19, 2006
Listed
$279,900
$95/sq ft
IRES as Distributed by MLS Grid #460220
Nov 29, 2005
Sold
$298,000
$101/sq ft
Jul 22, 2005
Listed
$324,900
$111/sq ft
IRES as Distributed by MLS Grid #437348
Jun 30, 2005
Listing Removed
—
Jan 17, 2005
Listed
$335,000
$114/sq ft
IRES as Distributed by MLS Grid #368939
Jun 20, 2003
Sold
$315,000
$107/sq ft
Mar 28, 2003
Listed
$320,000
$109/sq ft
IRES as Distributed by MLS Grid #353844
Feb 25, 2003
Listing Removed
—
Oct 11, 2002
Listed
$315,000
$107/sq ft
IRES as Distributed by MLS Grid #317742
Dec 1, 2001
Listing Removed
—
Sep 14, 2001
Listed
$299,900
$102/sq ft
IRES as Distributed by MLS Grid #236798
Feb 14, 2001
Sold
$275,000
$94/sq ft
Jul 11, 2000
Listed
$285,000
$97/sq ft
Public Records
May 29, 1997
Sold
$133,000
$45/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,250 (+13.2%)
$4,700 + $38,200
$42,900
2024
$3,753 (+4.4%)
$4,700 + $38,200
$42,900
2023
$3,593 (+29.5%)
$3,920 + $40,300
$44,220
2022
$2,774 (−5.2%)
$3,830 + $25,380
$29,210
2021
$2,925 (+42.5%)
$3,830 + $25,380
$29,210
2020
$2,052 (−0.2%)
$4,030 + $26,690
$30,720
2019
$2,057 (+22.6%)
$4,030 + $17,590
$21,620
2018
$1,679 (−52.3%)
$4,030 + $17,590
$21,620
2017
$3,519 (+170.5%)
$3,610 + $14,920
$18,530
2016
$1,301 (+10.3%)
$3,610 + $14,920
$18,530
2014
$1,179 (−1.6%)
$3,090 + $12,830
$15,920
2013
$1,198 (−11.5%)
$1,990 + $12,170
$14,160
2012
$1,353 (+14.3%)
$1,990 + $12,050
$14,040
2011
$1,184 (+36.1%)
$1,990 + $12,050
$14,040
2010
$870 (+0.7%)
$1,990 + $9,150
$11,140
2009
$864
$1,990 + $9,150
$11,140
Tax history for 2981 State Farm Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,250 (+13.2%)
$4,700 + $38,200
$42,900
2024
$3,753 (+4.4%)
$4,700 + $38,200
$42,900
2023
$3,593 (+29.5%)
$3,920 + $40,300
$44,220
2022
$2,774 (−5.2%)
$3,830 + $25,380
$29,210
2021
$2,925 (+42.5%)
$3,830 + $25,380
$29,210
2020
$2,052 (−0.2%)
$4,030 + $26,690
$30,720
2019
$2,057 (+22.6%)
$4,030 + $17,590
$21,620
2018
$1,679 (−52.3%)
$4,030 + $17,590
$21,620
2017
$3,519 (+170.5%)
$3,610 + $14,920
$18,530
2016
$1,301 (+10.3%)
$3,610 + $14,920
$18,530
2014
$1,179 (−1.6%)
$3,090 + $12,830
$15,920
2013
$1,198 (−11.5%)
$1,990 + $12,170
$14,160
2012
$1,353 (+14.3%)
$1,990 + $12,050
$14,040
2011
$1,184 (+36.1%)
$1,990 + $12,050
$14,040
2010
$870 (+0.7%)
$1,990 + $9,150
$11,140
2009
$864
$1,990 + $9,150
$11,140
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
11
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
8,350 Sq. Ft.
Year renovated
—
Sq. Ft.
2,936
Year built
1995
Style
Other
County
Weld County
APN
R7269498
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
R-3
High-Density Residential District
The intent of the R-3 zone district is to include a variety of multifamily and single-family dwellings in an urban environment. Allowable uses in this district are intended to be harmonious with high-density residential living and should support local neighborhoods.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Public service
Educational/school
Recreation
Communications tower
Property details
Parking
Parking Features
Other Parking: Parking Per Unit(2 Spaces/Unit)
Interior
Bedroom Information
Bedrooms Total: 11
Heating & Cooling
Cooling: Yes
Ceiling Fan(s)
Heating: Yes
Baseboard
Interior Features
Accessibility Features: Level Lot, Near Bus, Low Carpet, Accessible Entrance, Main Floor Bath, Main Level Bedroom
Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Level, Within City Limits
Road Frontage Type: City Street
Zoning: RH
Property Information
Property Attached: Yes
Property Type: Residential Income
Property Sub Type: Attached Dwelling
View: Yes
Waterfront: No
Subdivision Information
Subdivision Name: Cassell
MLS Area Major: Greeley/Weld
Building Information
Construction Materials: Wood/Frame, Stucco
Financial
Tax Information
Parcel Number: R7269498
Tax Annual Amount: 864
Tax Year: 2010
Lease Information
Gross Income: 23370
Income Includes: Lease/Rents
Operating Expense: 6607
Financial Information
Listing Terms: Cash, Conventional, FHA, VA Loan
Utilities
Utility Information
Utilities: Natural Gas Available, Electricity Available, Cable Available
Electric: Electric,Separate Meter Electricity,Xcel Energy
Gas: Natural Gas,Atmos Energy
Sewer: City Sewer
Location
Multi-Unit Information
Number of Units Total: 4
Multi-Family Financial Information
Cap Rate: 8.82
Net Operating Income: 16763
Tenant Pays: Deposit, Electricity
HOA Information
Association: No
Association Fee: 0
School Information
High School District: Greeley 6
Elementary School: Centennial
Middle or Junior School: John Evans
High School: Greeley West
Location Information
Directions: From the intersection of 11th Avenue and Highway 34 Bypass in Greeley, travel South and turn left at the 1st intersection (State Farm Road). The apartments are the 1st set located on the left side.
Unparsed Address: 2981 State Farm Rd Evans CO 80620
Street Number: 2981
Street Name: State Farm
Street Suffix: Rd
City: Evans
State or Province: CO
County or Parish: Weld
Country: US
Postal Code: 80620
Coordinates: -104.696342,40.39084
Latitude: 40.39084
Longitude: -104.696342
Public facts
Beds: 11
Baths: 4.0
Sq. Ft.: 2,936
Stories: 1.0
Lot Size: 8,350 square feet
Style: Other
Year Built: 1995
Year Renovated: —
County: Weld County
APN: R7269498
Home facts updated by county records on Aug 31, 2026
Other
Miscellaneous Information
Exclusions: Tenant belongings.
Listing Information
Attribution Contact: 9703531117
Close Price: $175,000
Photos Count: 4
Possible Use: Single Family, Multi-Family
Special Listing Conditions: Private Owner
Standard Status: Closed
Listing Date Information
Close Date: Friday, February 17, 2012
Cumulative Days on Market: 260
Days on Market: 260
Listing Contract Date: Friday, June 3, 2011
Modification Timestamp: Saturday, July 27, 2024 5:03 AM
Home Information
Direction Faces: South
Entry Location: Outside Entry
Levels: Two
Window Features: Double Pane Windows
Year Built: 1995
Green Information
Green Energy Efficient: Southern Exposure
Around this home
Schools
Jackson Elementary School
Public K-5 • Assigned • 0.8mi
2/10
Prairie Heights Middle School
Public 6-8 • Assigned • 4.9mi
7/10
Greeley West High School
Public 9-12 • Assigned • 2.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Evans, CO • 80620
Average low and high temperatures (°F)
42
15
52
21
66
34
67
37
74
46
87
57
92
60
89
59
84
51
71
41
55
28
52
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$576,000 – $698,000
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