NOT LISTED FOR SALE

1310 E 16th St Loveland, CO 80538

Estimated Value: $446,000 - $620,000

6 Beds
2 Baths
2,048 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $430,000 $210 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,962/month

7 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • High Speed Internet
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Chain Link Fence

About This Home

As of May 2018

Duplex investment opportunity! 3 bedrooms (1 non conforming-no closet), 1 bath, 1 car attached garage on each side. Excellent rental history. Both sides recently updated with new flooring, paint, counters and fencing. Furnaces both replaced in past 2 years and have central A/C too. Great location, near shopping and other conveniences.

Last Agent to Sell the Property

Debbie Hansen

Group Centerra Listed on: 04/24/2018

Group Centerra

Last Buyer's Agent

Warren Williams

RE/MAX Alliance-Lsvl

RE/MAX Alliance-Lsvl

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1971

Lot Details

  • 10,019 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,048 Sq Ft Home
  • 3-Story Property
  • Partial Basement

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Monroe Elementary School
  • Ball Middle School
  • Mountain View High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0335347

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mckee Meadows Subdivision

Building Details

  • Gross Income $29,282
  • Net Operating Income $25,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.23
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: McKee Meadows
  • Directions: Madison to 16th Street east to property
  • Unit Levels: Tri-Level
  • New Construction: No
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2048
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Has Basement: Partial
  • Total Bedrooms: 6
  • Interior Amenities: High Speed Internet, Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Separate Meter Electricity, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Monroe
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Ball (Conrad)

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 10019
  • Parcel #: R0335347
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1200

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 29282.4
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 3346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2023
Sold by
Kitchel Lake F3 Development Corp
Bought by
Th Kitchel Lake Llc
Current Estimated Value
$507,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,600,000
Outstanding Balance
$7,862,335
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$7,354,710

Purchase Details

Closed on
Jun 26, 2023
Sold by
Hms Trust
Bought by
Hms Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,600,000
Outstanding Balance
$7,862,335
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$7,354,710

Purchase Details

Closed on
Aug 29, 2022
Sold by
Jinnette Michael E and Jinnette Nancy R
Bought by
United Colorado Llc

Purchase Details

Closed on
Apr 12, 2022
Sold by
United Colorado Llc
Bought by
302 Poplar Llc

Purchase Details

Closed on
Apr 13, 2000
Sold by
Neuschwanger Garry D
Bought by
Garry D Neuschwanger Rentals Llc

Purchase Details

Closed on
Jun 1, 1995
Sold by
Foizie Margaret E
Bought by
Foizie Jeannette

Purchase Details

Closed on
Jun 1, 1993
Sold by
Bachman Isaac L
Bought by
Foizie Jeanette
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
Th Kitchel Lake Llc -- None Listed On Document
Hms Trust -- None Listed On Document
United Colorado Llc $405,000 None Listed On Document
302 Poplar Llc $439,900 None Listed On Document
Garry D Neuschwanger Rentals Llc -- --
Foizie Jeannette -- --
Foizie Jeanette $108,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cindustrial Seven Llc $12,600,000
Closed 302 Poplar Llc $307,300
Closed Hms Trust $267,000
Previous Owner Jinnette Michael E $325,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $430,000 -- --
05/31/2018 05/31/18 Sold $430,000 +7.5% $210 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $400,000 -- $195 / 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 $2,352 $33,158 $8,375 $24,783
2024 $2,269 $33,158 $8,375 $24,783
2022 $2,071 $26,030 $6,392 $19,638
2021 $2,175 $27,370 $6,721 $20,649
2020 $2,005 $25,218 $6,721 $18,497
2019 $1,971 $25,218 $6,721 $18,497
2018 $1,393 $16,927 $4,320 $12,607
2017 $1,200 $16,927 $4,320 $12,607
2016 $1,115 $15,203 $2,945 $12,258
2015 $1,106 $15,210 $2,950 $12,260
2014 $1,056 $14,040 $2,950 $11,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 847874

IRES MLS

APN: 85073-05-003