NOT LISTED FOR SALE

1025 W 7th St Loveland, CO 80537

Estimated Value: $487,000 - $519,000

4 Beds
2 Baths
2,252 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $395,000 $175 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,842/month

4 Days on Market

Highlights

  • City View
  • 3 Car Detached Garage
  • Cooling Available
  • No HOA
  • Eat-In Kitchen
  • Patio

About This Home

As of October 2020

Charming mid Century ranch home close to downtown Loveland, schools and shopping. Potential for multi-generational living, single family residence or rental income. Home is presently rented to tenants on each level. Tenants will vacate or stay. Upper and lower levels each have their own entrance. Features 2 bedrooms each level with 1 non-conforming in basement, attached single garage and oversized detached 2 car garage with alley access. Both upper and lower levels have their own kitchens, laundry rooms and heating systems. New exterior paint, new roof and new furnace for upper level 2019. Lower level is on electric baseboard heat. Full electrical update 2013 with a sub-panel installed, egress window well installed and additional insulation added. Basement remodel was completed in 2013. The seller did have a concept review with the City of Loveland to explore changing zoning to a duplex. 30 day notice to vacate must be provided to tenants. Home sold as-is.

Last Agent to Sell the Property

Lucinda Matheson

Premier Lifestyle Realty Listed on: 08/13/2020

Co-Listed By

Cory Roberts

Premier Lifestyle Realty

Last Buyer's Agent

Meagan Griesel

Group Centerra

Group Centerra

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1952

Lot Details

  • 7,582 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage
  • Alley Access
  • Driveway Level

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,252 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Dining Room
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bathroom on main floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Garfield Elementary School
  • Bill Reed Middle School
  • Loveland High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Baseboard Heating
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Patio

Community Details

  • No Home Owners Association
  • Hillcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0400530

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 1952

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1952
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 8PREM
  • Subdivision Name: Hillcrest
  • Directions: Eisenhower Blvd (US34), south on Taft Ave., east on 8th St., south on Duffield Ave., East on 7th St. Home sits on north side of 7th and does have alley access to (2) car garage.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2252
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Level Lot, Level Drive, Low Carpet, Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: Full, 90%+ Finished Basement
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Separate Dining Room
  • Window Features: Window Coverings
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Carpet
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Basement
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Family Room Level: Basement
  • Room Kitchen Features: Tile Floor
  • Family Room Features: Carpet
  • Living Room Features: Carpet
  • Dining Room Dining Room Level: Main
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level, Within City Limits
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Alley Access, Oversized
  • IRESDS_GarageType: Detached

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, CityofLoveland
  • Heating: Forced Air, Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, XCEL

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Garfield
  • HighSchool: Loveland
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 7582
  • Parcel #: R0400530
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1800

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 2, 2020
Sold by
Moreland Patricia J and Moreland Kristin C
Bought by
Griesel Meagan
Seller's Agent
Lucinda Matheson
Premier Lifestyle Realty
Buyer's Agent
Meagan Griesel
Group Centerra
List Price
$390,000
Sold Price
$395,000
Premium/Discount to List
$5,000
1.28%
Current Estimated Value
$506,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,816
Avg. Annual Appreciation
5.04%
Original Mortgage
$296,250
Outstanding Balance
$263,499
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$243,317

Purchase Details

Listed on
Dec 5, 2012
Closed on
Feb 20, 2013
Sold by
Sandy Norlen G and Sandy Linda L
Bought by
Moreland Patricia J and Moreland Kristin C
Seller's Agent
Julie Markiewicz
RE/MAX Alliance-Longmont
Buyer's Agent
Lucinda Matheson
Premier Lifestyle Realty
List Price
$190,000
Sold Price
$179,000
Premium/Discount to List
-$11,000
-5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Original Mortgage
$175,757
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2010
Sold by
Sandy Norlen G
Bought by
Sandy Norlen G and Sandy Linda L

Purchase Details

Closed on
May 22, 2002
Sold by
Sandy Norlen G
Bought by
Sandy Norglen G
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Griesel Meagan $395,000 Heritage Title Co
Moreland Patricia J $179,000 Fidelity National Title Insu
Sandy Norlen G -- None Available
Sandy Norglen G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griesel Meagan $296,250
Previous Owner Moreland Patricia J $175,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2021 12/31/21 Off Market $395,000 -- --
10/02/2020 10/02/20 Sold $395,000 +1.3% $175 / Sq Ft
08/13/2020 08/13/20 For Sale $390,000 +117.9% $173 / Sq Ft
01/28/2019 01/28/19 Off Market $179,000 -- --
02/20/2013 02/20/13 Sold $179,000 -5.8% $79 / Sq Ft View Prior Sale
01/21/2013 01/21/13 Pending -- -- --
12/05/2012 12/05/12 For Sale $190,000 -- $84 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,275 $32,194 $2,948 $29,246
2024 $2,194 $32,194 $2,948 $29,246
2022 $2,035 $25,569 $3,058 $22,511
2021 $2,091 $26,305 $3,146 $23,159
2020 $1,831 $23,023 $3,146 $19,877
2019 $1,800 $23,023 $3,146 $19,877
2018 $1,649 $20,038 $3,168 $16,870
2017 $1,420 $20,038 $3,168 $16,870
2016 $1,426 $19,446 $3,502 $15,944
2015 $1,415 $19,440 $3,500 $15,940
2014 $1,272 $16,910 $3,500 $13,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 921124

IRES MLS

APN: 95143-45-002