NOT LISTED FOR SALE

1122 W 8th St Loveland, CO 80537

Estimated Value: $500,000 - $582,000

4 Beds
2 Baths
1,781 Sq Ft
$303/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $497,000 $279 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,039/month

2 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • Outdoor Storage
  • Level Lot

About This Home

As of December 2021

Newly remodeled duplex! Flooring, interior paint, stainless steel kitchen appliances including refrigerators - it's all been done, and these units are ready to go! Unit 1124 includes washer/dryer. Windows and roof have been replaced in the last 6 years. Extra large lot allows ample room for growth and 4 car detached garage along with 1 dedicated storage space.

Last Agent to Sell the Property

Suzanne Offe

Berkshire Hathaway HomeServices Colorado Real Estate Erie Listed on: 11/09/2021

Berkshire Hathaway HomeServices Colorado Real Estate Erie

Last Buyer's Agent

Chris Phillips

eXp Realty - Hub

eXp Realty - Hub

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,781 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Additional Features

  • Outdoor Storage
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0401846

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Albrecht Binder Subdivision

Building Details

  • Gross Income $28,800
  • Net Operating Income $26,855

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,945

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Albrecht-Binder
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1781
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas

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: R1E
  • Lot Size Sq Ft: 10864
  • Parcel #: R0401846
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1945

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 16, 2021
Sold by
Cattarello Kent and Flack Susan
Bought by
Lincoln Amir
Seller's Agent
Suzanne Offe
Berkshire Hathaway HomeServices Colorado Real Estate Erie
Buyer's Agent
Chris Phillips
eXp Realty - Hub
List Price
$485,000
Sold Price
$497,000
Premium/Discount to List
$12,000
2.47%
Current Estimated Value
$540,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,454
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Dec 31, 2020
Sold by
Thunderbolt Properties Llc
Bought by
Kent Cattarello And Susan Flack Charitable Re and Cattarello

Purchase Details

Closed on
Feb 24, 2020
Sold by
Cattarello Kent S and Flack Susan J
Bought by
Thunderbolt Properties Llc

Purchase Details

Closed on
Oct 21, 2002
Sold by
Kroft Randall R and Kroft Linda S
Bought by
Cattarello Kent S and Flack Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.13%

Purchase Details

Closed on
Jul 6, 1996
Sold by
Tunnicliff William E
Bought by
Kroft Randall R

Purchase Details

Closed on
Apr 1, 1996
Sold by
Kroft Randall R
Bought by
Kroft Randall R

Purchase Details

Closed on
May 1, 1995
Sold by
Tunnicliff Mary E
Bought by
Bowman Ricky

Purchase Details

Closed on
Mar 1, 1995
Sold by
Tunnicliff William E
Bought by
Bowman Ricky

Purchase Details

Closed on
Feb 1, 1994
Sold by
Kirk William J
Bought by
Tunnicliff William E

Purchase Details

Closed on
Aug 1, 1992
Sold by
Kirk William J
Bought by
Kirk William J
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
Lincoln Amir $497,000 Chicago Title
Kent Cattarello And Susan Flack Charitable Re -- None Listed On Document
Thunderbolt Properties Llc -- None Available
Cattarello Kent S $180,000 --
Kroft Randall R -- Premiere Title
Kroft Randall R -- --
Bowman Ricky -- --
Bowman Ricky $125,000 --
Tunnicliff William E $90,000 --
Kirk William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cattarello Kent S $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Off Market $497,000 -- --
12/16/2021 12/16/21 Sold $497,000 +2.5% $279 / Sq Ft
11/09/2021 11/09/21 For Sale $485,000 -- $272 / 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 $2,523 $35,302 $2,345 $32,957
2024 $2,434 $35,302 $2,345 $32,957
2022 $2,122 $26,663 $2,380 $24,283
2021 $2,228 $28,036 $2,503 $25,533
2020 $1,945 $24,468 $2,503 $21,965
2019 $1,913 $24,468 $2,503 $21,965
2018 $1,922 $23,357 $2,520 $20,837
2017 $1,655 $23,357 $2,520 $20,837
2016 $1,639 $22,352 $2,786 $19,566
2015 $1,626 $22,360 $2,790 $19,570
2014 $1,220 $16,230 $2,790 $13,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 954775

IRES MLS

APN: 95143-34-001