NOT LISTED FOR SALE

1110 Highland Dr Loveland, CO 80537

Estimated Value: $452,000 - $485,000

4 Beds
2 Baths
1,440 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $450,500 $313 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,553/month

87 Days on Market

Highlights

  • City View
  • Eat-In Kitchen
  • No Interior Steps
  • No HOA
  • Cooling Available
  • Forced Air Heating System

About This Home

As of August 2023

Investment opportunity awaits with this amazing Duplex located in beautiful Loveland! Featuring 2 bedrooms and 1 bathroom in each unit, this property offers comfortable living with a big backyard, stackable washer/dryer, and a 1-car attached garage for each side. You'll also appreciate the newer roof and flooring. This Duplex is being sold as-is and an inspection is available upon request. 1110 has a tenant with a month to month lease (rent goes up to $1300/mo Aug 1st) and 1112 is currently available as of May 31st.

Last Agent to Sell the Property

Laura Douglas

LoKation Real Estate-Longmont Listed on: 05/01/2023

LoKation Real Estate-Longmont

Last Buyer's Agent

Erin Batchelder

Resident Realty

Resident Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1960

Lot Details

  • 7,787 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • City Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Primary bathroom on main floor

Schools

  • Truscott Elementary School
  • Bill Reed Middle School
  • Thompson Valley High School

Utilities

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

Additional Features

  • No Interior Steps
  • Mineral Rights Excluded

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0385808

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Highland Park Subdivision

Building Details

  • Gross Income $31,200
  • Net Operating Income $26,359

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,037

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Concrete
  • Subdivision Name: Highland Park
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1440
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Accessibility Features: Level Lot, No Stairs, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Mineral Rights Excluded, Level, Within City Limits
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Vinyl Siding
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Separate Meter Electricity, CityofLoveland
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 7787
  • Parcel #: R0385808
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Trash Collection

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2037

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31200
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Aug 31, 2023
Sold by
Thatcher Lori A
Bought by
Brown Wil C
Seller's Agent
Laura Douglas
LoKation Real Estate-Longmont
Buyer's Agent
Erin Batchelder
Resident Realty
List Price
$530,000
Sold Price
$450,500
Premium/Discount to List
-$79,500
-15%
Views
74
Current Estimated Value
$468,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,814
Avg. Annual Appreciation
1.81%
Original Mortgage
$390,500
Outstanding Balance
$381,935
Interest Rate
6.78%
Mortgage Type
VA
Estimated Equity
$86,379

Purchase Details

Closed on
Sep 19, 2022
Sold by
Thatcher Lori A
Bought by
Thatcher Lori A and Thatcher Jennifer G

Purchase Details

Closed on
Jun 20, 2017
Sold by
Thatcher Donald E and Thatcher Lori A
Bought by
Thatcher Lori A

Purchase Details

Closed on
Apr 4, 2011
Sold by
Krantz Laurence I and Krantz Joyce M
Bought by
Thatcher Donald E and Thatcher Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1998
Sold by
Smith Edward G and Klein Christine E
Bought by
Krantz Laurence I and Krantz Joyce M

Purchase Details

Closed on
Jun 6, 1994
Sold by
Erion Kenneth W and Erion Helen J
Bought by
Klein Christine E and Klein Terence L

Purchase Details

Closed on
Nov 1, 1992
Sold by
Tabor Darlene N
Bought by
Erion Kenneth W
Source: Public Records

Range of Values:

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Average Value
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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
Brown Wil C $450,500 None Listed On Document
Thatcher Lori A -- None Listed On Document
Thatcher Lori A -- None Available
Thatcher Donald E $169,000 Tggt
Krantz Laurence I $102,882 North American Title Co
Klein Christine E -- --
Erion Kenneth W $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Wil C $390,500
Previous Owner Thatcher Donald E $126,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $450,500 -8.1% $313 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $490,000 -2.0% $340 / Sq Ft
05/27/2023 05/27/23 Price Changed $500,000 -2.9% $347 / Sq Ft
05/16/2023 05/16/23 Price Changed $515,000 -2.8% $358 / Sq Ft
05/01/2023 05/01/23 For Sale $530,000 -- $368 / 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 $1,164 $31,865 $2,613 $29,252
2024 $2,169 $31,865 $2,613 $29,252
2022 $2,037 $25,602 $2,652 $22,950
2021 $2,139 $26,920 $2,789 $24,131
2020 $1,653 $20,793 $2,789 $18,004
2019 $1,625 $20,793 $2,789 $18,004
2018 $1,182 $14,364 $2,808 $11,556
2017 $1,018 $14,364 $2,808 $11,556
2016 $1,148 $15,657 $3,104 $12,553
2015 $1,139 $15,650 $3,100 $12,550
2014 $960 $12,760 $3,100 $9,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 986660

IRES MLS

APN: 95132-43-003