Friday, September 18, 2009

Crip's HUD Report 9-18-2009: Paintin' the Town Brown Edition

Greetings HUD fans. This week's edition is a bit different than most. I'd love to say I chose to break away from the shackles of technology this week, but the reality is I forgot my camera AND the memory card from my phone. So, the good ol' pen and paper were my companions on my trip to Greeley. The lone video (and photos) comes from this week's Fort Collins listing in Waterglen. Enjoy it and the rest of the...

NEW HUDS FOR 9-18-2009

Property Photo 331 South Maple Ave, Eaton: $160,000. 3 bed, 2 bath, 1486 sq ft over a full unfinished bsmt, 2002. Here ya go - lookin' for the simple life, but still want a 2 minute walk to Taco Bell at 3 in the morning? Look no further than this gray stuccoed ranch in Eaton. This place is three blocks south of the 'new' Eaton fire station, which also puts it directly SW of Heritage Market. Is that what it's called? Anyway, the house is fairly decent and looks newer than it is. The issues are a few carpet stains here and there and holes in half the walls (the biggest of which is pineapple size, leaves and all). The basement appears to never have been used and the utility room has been drywalled and turned into a large storage room, which is cool. I wonder if the previous tenants even knew there was a basement. Fun facts: the lot directly to the south is vacant as is the lot across the street to the west. Assessed for $162,213.

Property Photo 3735 McAvoy, Evans: $25,000. 1 bed, 1 bath, 616 sq ft, 1924. How can I best describe this place? Well, parked next to the double-wide next door is an Escalade and a bus. THIS joint is a tiny peach house, surrounded by a tall fence made out of metal roofing. There's a tree right in the middle of the driveway and the entire front yard looks like Cesar's compound on the Dog Whisperer. The house smells like pee of some kind, and there's approximately 2 sq ft of kitchen counter space. In the bathroom you must sidle carefully past the claw foot tub to get to the toilet. So, if you're a person of, ahem, generous carriage, I'd probably look elsewhere. So is there anything good about this place? Sure - there's alley access (I guess it qualifies as an alley. An overgrown, junk-strewn alley), there's a washer and dryer, the property has 2 sheds and the one bedroom is actually fairly big. Ah but here's a couple more bummers: the ancient space heater apparently doesn't work and during my short time in and around the house I heard a nearby rooster crow half a dozen times. Assessed for $67,498. Scope the video:

Property Photo 4020 Glenarbor Lane, Fort Collins: $145,000. 3 bed, 2 bath, 1446 sq ft, 2002. This is the one with the video and pics, so I'll give my fingers a rest and let you check it out: Assessed for $163,900. The pictures for the property can be found HERE.

Property Photo 210 20th Ave Ct, Greeley: $57,500. 4 bed, 2 bath (listed as a 3 bed, 1 bath), 988 sq ft over full basment, 1975. This brown house has brown brick, brown vinyl siding, brown trim, brown gutters and a brown roof. There's 3 fairly small bedrooms and a nicely tiled bathroom on the main floor; a big bedroom and a nice 3/4 bath are in the basement as well as a long living room with a bar. This place also has a nice fenced yard, and after reviewing the place and looking at the stats I've determined this one hits the brown note as a good deal. Assessed for $83,667.

Property Photo 3841 W 8th St, Greeley: $93,000. 4 bed, 3 bath (listed as a 3 bed, 2 bath), 1143 over full mostly finished bsmt, 1973. This west Greeley ranch has some unfortunate laminate flooring throughout the main floor (with gaps between every room) and is missing the sink and vanity in the main bath. However the basement is set up as a pretty sweet master suite. Think of the basement living room as a massive walk-in closet. Top it all off with a 2 car garage and a good location and this one is a no-brainer for somebody looking to do some minor repairs. Assessed for $113,231, which surprises me.

Property Photo 1731 25th Avenue, Greeley: $105,000. 3 bed, 1.75 bath, 1657 sq ft, 1968. Curb appeal: none. But most of the work that needs to be done to this bi-level concerns simple updating. Fun fact: the red fireplace in the lower level actually scared me. Assessed for $143,701.

Property Photo 727 41st Avenue Ct, Greeley: $120,000. 3 bed, 2 bath, 1428 sq ft, 1977. I don't believe the sq footage here includes the once-upon-a-time-finished lower level. This is yet another very brown house, but this one has three things going for it: location, etc., etc. This one backs to Shawsheen elementary and sits at the end of its, er, Avenue Court. Needs work, but could be a cool place. Assessed for $138,037.

Property Photo Relist: 2012 27th Avenue, Greeley: $127,000. 5 bed, 3 bath, 1676 sq ft over 1368 mostly finished. Erica writes: "This massive monster of a house was definitely a pleasant surprise! Though it is a little dated, the spacious layout and the abundance of rooms makes this house worth the $127k. While going though this house I noticed 5 bedrooms (3 upstairs and at least 2 down), though I could not see anything in one part of the basement which I think had at least one more bedroom! There is a 3/4 bath in the master upstairs, as well as another in on of the basement bedrooms. The house is immaculate for it's age, (built in 1972) and is located in a great part of town. Definitely worth checking out!" Update: The roof needs to be replaced, which puts the repair escrow at $4400. Also, if you aren't familiar with Cascade Park please go familiarize yourself. You'll quickly realize what a great deal this is. Assessed for $166,658. Update #2: Apparently people don't want to believe the roof actually needs to be replaced. So again: the roof needs to be replaced.

Property Photo 712 3rd St Ct, Kersey: $115,000. 3 bed, 2 bath, 1944 sq ft, 1993. The main difference between this and this week's other bi-levels (other than obvious age differences) is simply the overall size of the house. Everything is just a bit more sprawled out in Kersey, and this is a good example. It has a nice backyard, the rooms are a little bigger, blah blah blah. Is it worth the money? Sure, but do you want your restaurant options to be either Conoco or a half hour drive to Greeley? Assessed for $132,397.

Price Reduction: Property Photo 160 N 1st Ave, Greeley: $27,000. 2 bed, 1 bath, 660 sq ft, 1925. Not much nice to say about this place, but HUD says: "Mold like substance present, take appropriate action. Kitchen must be removed from accessory unit. Furnaces, plumbing & electrical are not in working condition. Roof, siding, walls, soffit, fascia, gutter system & window trim need repairs. Property has well & septic systems. It is located on 1st Ave, a busy traffic street." If it looks like Erica was racing through the house when she took the pictures, she was. In addition to being a complete dump this house is also infested with mosquitoes. Assessed for $63,899. Here's Erica's transcribed report from the frontlines: "160 N 1st Ave is a very scary house. There's two units, both don't have kitchens, both have 1 bedroom, 1 bath...needs tons of work, probably a tear-down, really creepy...There's a big lot, tons of work." Yeah, this is the stuff chainsaw massacres are made of.



That's going to do it once again, hope you enjoyed reading and watching! Suggestions are always welcome and I look forward to hearing from you if you are looking to buy OR sell! And if you know anyone that would benefit from our service and would like to receive notice when the HUD Report is updated, please contact me. WE LOVE YOUR REFERRALS!! Thanks for reading, have a wonderful week!


Crip Erickson
Broker Associate
Realty Executives
208 S College Avenue
Fort Collins, Colorado
970.988.5634 cell
970-221-3627 fax

No comments:

Post a Comment