NOT LISTED FOR SALE

1220 Rossum Dr Loveland, CO 80537

Estimated Value: $591,000 - $904,000

16 Acres
$50,439 Price per Acre
681,714 Sq Ft Lot

Last Sold August 04, 2014

Last sale price $650,000 $1,136 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,528/month

126 Days on Market

Highlights

  • Water Views
  • 15.65 Acre Lot
  • Property is near a golf course
  • On Golf Course
  • No HOA

About This Lot

As of August 2014

Development-ready residential land having frontage on four fairways of Mariana Butte Golf Course.Easy access to US Hwy 34 and W. 1st Street. Water and sewer infrastructure are in place. The 'Mariana Butte PUD Master Plan' allows single-family and medium-density residential development on the site. List price comprised of price for land and price for water credits. Land $1,200,000. Water credits $1,341,375. Tract R Development Density - up to 12 units/acre, Tract S - up to 8 units/acre (per PUD).

Last Agent to Sell the Property

Wayne Lewis

LC Real Estate Group, LLC Listed on: 11/12/2013

Co-Listed By

Larry Melton

Realtec Commercial Real Estate Services of Loveland

Last Buyer's Agent

Blaine Rappe

LC Real Estate Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,873

Lot Details

  • 15.65 Acre Lot
  • On Golf Course
  • Sloped Lot
  • Property is zoned DR

Schools

  • Namaqua Elementary School
  • Clark Middle School
  • Thompson Valley High School

Additional Features

  • Water Views
  • Property is near a golf course

Community Details

  • No Home Owners Association
  • Mariana Butte Pud 1St Subdivision

Listing and Financial Details

  • Assessor Parcel Number R1157027

Property Details

Property Type

Land

Est. Annual Taxes

$1,873

Lot Details

0

Listing Details

  • Development Status: Zoned for Development
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 15.65
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Water Body Name: n/a
  • Co List Office Mls Id: 8RLTC
  • Subdivision Name: MARIANA BUTTE PUD 1ST
  • Directions: Drive west on US Highway 34 past Wilson Ave. and Namaqua Rd. Left (south) on Rossum Dr., cross Big Thompson River and enter Mariana Butte. Lots are first ones on both sides of Rossum.
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Sloped, On Golf Course, Near Golf Course
  • View: Foothills View, Water
  • Waterfront: No

Utilities

  • Sewer: City Sewer
  • Water Source: City Water, City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Namaqua
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Clark (Walt)

Lot Info

  • Zoning: DR
  • Lot Size Sq Ft: 681714
  • Parcel #: R1157027
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 22.74

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Howard C C and Howard Barbara J
Bought by
Rutledge Marvin Douglas and Rutledge Sheila H
Current Estimated Value
$789,375

Purchase Details

Closed on
Dec 15, 2015
Sold by
Nicholson Howard C and Nicholson Barbara J
Bought by
The Howard C & Barbara J Nicholson Joint

Purchase Details

Listed on
Nov 12, 2013
Closed on
Aug 15, 2014
Sold by
Mariana Meadows Limited Liability Compan
Bought by
Midtown Homes At Mariana Butte Llc
Seller's Agent
Wayne Lewis
LC Real Estate Group, LLC
Buyer's Agent
Blaine Rappe
LC Real Estate Group, LLC
List Price
$2,541,375
Sold Price
$650,000
Premium/Discount to List
-$1,891,375
-74.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
Original Mortgage
$611,650
Interest Rate
4.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 2, 1998
Sold by
Nicholson Howard C Barabara J
Bought by
Reed Randall B and Nicholson Christine A

Purchase Details

Closed on
Nov 1, 1994
Sold by
Jdl Management Co
Bought by
Nicholson Barabara J

Purchase Details

Closed on
Mar 1, 1994
Sold by
Nicholson Barbara J
Bought by
J D L Management
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rutledge Marvin Douglas $825,000 Land Title
The Howard C & Barbara J Nicholson Joint -- None Available
Midtown Homes At Mariana Butte Llc $650,000 Land Title Guarantee Company
Reed Randall B -- --
Nicholson Barabara J -- --
J D L Management -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Midtown Homes At Mariana Butte Llc $611,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2020 05/03/20 Off Market $650,000 -- --
08/04/2014 08/04/14 Sold $650,000 -74.4% $1,136 / Sq Ft
07/05/2014 07/05/14 Pending -- -- --
11/12/2013 11/12/13 For Sale $2,541,375 -- $4,443 / 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 $1,873 $27,155 $2,345 $24,810
2024 $1,806 $27,155 $2,345 $24,810
2022 $1,634 $20,531 $2,433 $18,098
2021 $1,679 $21,122 $2,503 $18,619
2020 $783 $9,846 $2,503 $7,343
2019 $770 $9,846 $2,503 $7,343
2018 $598 $7,272 $2,520 $4,752
2017 $515 $7,272 $2,520 $4,752
2016 $526 $7,172 $2,786 $4,386
2015 $522 $7,180 $2,790 $4,390
2014 $407 $5,410 $2,790 $2,620
Source: Public Records

Agents Affiliated with this Home

  • Wayne Lewis

    Seller's Agent in 2014

    Wayne Lewis

    LC Real Estate Group, LLC

    (970) 440-3250

    43 Total Sales

    Wayne Lewis
    Section Image
  • Larry Melton

    Seller Co-Listing Agent in 2014

    Larry Melton

    Realtec Commercial Real Estate Services of Loveland

    (970) 402-4988

    10 Total Sales

    Larry Melton
    Section Image

  • B

    Buyer's Agent in 2014

    Blaine Rappe

    LC Real Estate Group, LLC

    (970) 667-9795

    2 Total Sales

    Blaine Rappe
    Section Image
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Map

Source: IRES MLS

MLS Number: 722963

IRES MLS

APN: 95171-06-004

Colorado Larimer County Loveland 80537

1220 Rossum Dr, Loveland, CO

This home is located at 1220 Rossum Dr, Loveland, CO 80537 since 12 November 2013 and is currently estimated at $789,375, approximately $1,380 per square foot. 1220 Rossum Dr is a home located in Larimer County with nearby schools including Namaqua Elementary School, Walt Clark Middle School, and Thompson Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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