NOT LISTED FOR SALE

126 E 12th St Loveland, CO 80537

Estimated Value: $456,000 - $547,000

6 Beds
3 Baths
2,402 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $389,000 $162 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,933/month

7 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Air Conditioning

About This Home

As of July 2020

Here's a great opportunity to earn income with your home. Live on the main level and rent the other to subsidize your mortgage with $1,050/mo income. Close to downtown Loveland & easy access to shops & restaurants. Exterior freshly painted & well maintained. Newer water heater, carpet & vinyl flooring roof, stucco ext, h-wood floors, appliances, Radon Mitigation. Fully landscaped & partially fenced. Plenty of storage in the large garage and outbuilding. Has alley access. Make your move TODAY!

Last Agent to Sell the Property

Michael Pesce

RE/MAX Alliance-Windsor Listed on: 05/17/2020

RE/MAX Alliance-Windsor

Last Buyer's Agent

Michael Salza

C3 Real Estate Solutions, LLC

C3 Real Estate Solutions, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,027

Year Built

  • Built in 1920

Lot Details

  • 6,918 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Fiberglass Roof
  • Rubber Roof
  • Stucco
  • Retrofit for Radon

Interior Spaces

  • 2,402 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0382922

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Loveland Heights Subdivision

Building Details

  • Gross Income $29,160
  • Net Operating Income $22,929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,027

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1920
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Loveland Heights
  • Above Grade Finished Sq Ft: 1512
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2402
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: 90%+ Finished Basement, Retrofit for Radon
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 890
  • Flooring: Wood Floors
  • Living Area: 2402
  • Bedroom Features: Carpet
  • Room Bedroom4 Area: 66
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Other Floor
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 99
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 99
  • Room Bedroom3 Level: Basement
  • Master Bedroom Master Bedroom Width: 9
  • Room Family Room Area: 247
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Wood Floor
  • Master Bedroom Features: Wood Floor
  • Room Bedroom5 Level: Upper
  • Room Bedroom5 Features: Carpet
  • Room Family Room Level: Basement
  • Room Kitchen Features: Other Floor
  • Room Living Room Area: 273
  • Family Room Features: Carpet
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 80
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 108
  • Room Dining Room Area: 56
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Rubber, Fiberglass
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Stucco
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • IRESDS_Garage Sq Ft: 420
  • IRESDS_GarageType: Detached

Utilities

  • Cooling: Room Air Conditioner, Ceiling Fan(s)
  • Electric: Electric, Loveland
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Loveland
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 6918
  • Parcel #: R0382922
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2027

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 29160
  • Annual Operating Expense: 6231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2020
Closed on
Jul 9, 2020
Sold by
Anderson Michael E and Granti Gail R
Bought by
Hermsen Edward H
Seller's Agent
Michael Pesce
RE/MAX Alliance-Windsor
Buyer's Agent
Michael Salza
C3 Real Estate Solutions, LLC
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$518,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,867
Avg. Annual Appreciation
5.60%
Original Mortgage
$381,954
Outstanding Balance
$338,691
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$180,176

Purchase Details

Closed on
Mar 8, 2013
Sold by
Me A Real Estate Llc
Bought by
Anderson Michael E and Grnat Gail R

Purchase Details

Closed on
Sep 30, 2004
Sold by
Anderson Michael E and Grant Gail R
Bought by
Mea Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2004
Sold by
M E A Real Estate Llc
Bought by
Grant Gail R and Anderson Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Anderson Michael E and Grant Gail R
Bought by
M E A Real Estate Llc

Purchase Details

Closed on
Aug 22, 2003
Sold by
Bankers Trust Co
Bought by
Anderson Michael E and Grant Gail R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2002
Sold by
Dunkerson Mason and Dunkerson Debra
Bought by
Bankers Trust Company

Purchase Details

Closed on
Sep 25, 2001
Sold by
Lupo Joseph A
Bought by
Dunkerson Mason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
9.62%

Purchase Details

Closed on
Nov 15, 2000
Sold by
Youtsey Jessie A and Ball Richard W
Bought by
Lupo Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 1990
Bought by
Youtsey Jessie A
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
Hermsen Edward H $389,000 Stewart Title
Anderson Michael E $100,000 Stewart Title
Anderson Michael E -- None Available
Mea Real Estate Llc -- --
Grant Gail R -- Natco
M E A Real Estate Llc -- --
Anderson Michael E $152,000 --
Bankers Trust Company -- --
Dunkerson Mason $230,000 Security Title
Lupo Joseph A $140,000 --
Youtsey Jessie A $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hermsen Edward H $381,954
Previous Owner Grant Gail R $187,500
Previous Owner Anderson Michael E $121,600
Previous Owner Dunkerson Mason $161,000
Previous Owner Lupo Joseph A $50,000
Closed Dunkerson Mason $57,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2020 10/11/20 Off Market $389,000 -- --
07/09/2020 07/09/20 Sold $389,000 0.0% $162 / Sq Ft
05/17/2020 05/17/20 For Sale $389,000 -- $162 / 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 $2,531 $35,403 $2,680 $32,723
2024 $2,441 $35,403 $2,680 $32,723
2022 $2,282 $28,682 $2,720 $25,962
2021 $2,397 $30,159 $2,860 $27,299
2020 $2,061 $25,926 $2,860 $23,066
2019 $2,027 $25,926 $2,860 $23,066
2018 $1,568 $19,051 $2,880 $16,171
2017 $1,350 $19,051 $2,880 $16,171
2016 $1,393 $18,993 $3,184 $15,809
2015 $1,382 $18,990 $3,180 $15,810
2014 $1,196 $15,900 $3,180 $12,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 912038

IRES MLS

APN: 95132-23-014