NOT LISTED FOR SALE

1318 E 5th St Loveland, CO 80537

Estimated Value: $474,000 - $581,954

4 Beds
2 Baths
1,716 Sq Ft
$296/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $350,000 $204 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,797/month

5 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • East Facing Home
  • No HOA
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of April 2019

Price drop! Rare duplex in Loveland. Tenants paying under market rent, one tenant month to month. Excellent owner/occupant property. Both units are 2 bed/1 bath with attached over sized garage with additional storage. Hardwood flooring throughout. Located in quite neighborhood just east of downtown Loveland. Great rental history.

Last Agent to Sell the Property

Randy Keirns

Resident Realty License #100038953 Listed on: 03/07/2019

Resident Realty

Last Buyer's Agent

Roni Froelich

Group Harmony

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,350

Year Built

  • Built in 1963

Lot Details

  • 8,491 Sq Ft Lot
  • Property fronts an alley
  • East Facing Home
  • Partially Fenced Property
  • Level Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Washer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

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

Parking

  • Garage
  • Alley Access
  • Garage Door Opener
  • Driveway Level

Schools

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

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R1251872

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Boyd Add Subdivision

Building Details

  • Gross Income $21,240
  • Net Operating Income $17,930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,350

Year Built

Built in 1963

Lot Details

8,491 Sq Ft Lot

Listing Details

  • Year Built: 1963
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Boyd Add
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1716
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Washer
  • Accessibility Features: Level Lot, Level Drive, Main Floor Bath, Main Level Bedroom
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 4
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Level, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: East
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Garage Door Opener, Alley Access

Utilities

  • Electric: Electric, City Loveland
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City Loveland
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 8491
  • Parcel #: R1251872
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1350

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21240
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2021
Sold by
Hardy Evelyn Kimelle
Bought by
Hardy Evelyn Kimelle and Froelich Nathan P
Current Estimated Value
$508,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,800
Outstanding Balance
$291,841
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$216,648

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 18, 2019
Sold by
Donovan Rosemary A
Bought by
Hardy Evelyn Kimelle
Seller's Agent
Randy Keirns
Resident Realty
Buyer's Agent
Roni Froelich
Group Harmony
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$332,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2014
Closed on
Aug 14, 2014
Sold by
Powell Lori
Bought by
Donovan Gerald C and Donovan Rosemary A
Seller's Agent
Erik Broman
Realtec C.R.E.S., LLC
Buyer's Agent
Kylle Knudsen
Gables & Gates Realty
List Price
$225,000
Sold Price
$212,500
Premium/Discount to List
-$12,500
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
Apr 24, 2003
Sold by
Powell Bryan and Powell Lori
Bought by
Powell Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Williams Robert S
Bought by
Powell Bryan and Powell Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2000
Sold by
Jazzpengo Llc
Bought by
Williams Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,640
Interest Rate
8.36%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Vilkaitis John P
Bought by
Vannorman Edward W and Vannorman Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 1992
Sold by
Bounds Wiley B
Bought by
Pence Robert A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hardy Evelyn Kimelle -- None Listed On Document
Hardy Evelyn Kimelle $350,000 North American Title
Donovan Gerald C $212,500 Stewart Title
Powell Lori -- --
Powell Bryan $178,000 --
Williams Robert S $148,300 --
Vannorman Edward W $115,000 --
Pence Robert A $66,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardy Evelyn Kimelle $330,800
Previous Owner Hardy Evelyn Kimelle $332,500
Previous Owner Powell Bryan $142,400
Previous Owner Williams Robert S $118,640
Previous Owner Vannorman Edward W $103,500
Closed Williams Robert S $14,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2020 05/03/20 Off Market $212,500 -- --
07/17/2019 07/17/19 Off Market $350,000 -- --
04/18/2019 04/18/19 Sold $350,000 0.0% $204 / Sq Ft
03/07/2019 03/07/19 For Sale $350,000 +64.7% $204 / Sq Ft
08/21/2014 08/21/14 Sold $212,500 -5.6% $124 / Sq Ft View Prior Sale
07/22/2014 07/22/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $225,000 -- $131 / Sq Ft
Source: IRES MLS

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 $2,216 $30,200 $2,250 $27,950
2024 $2,137 $31,450 $2,412 $29,038
2022 $2,089 $26,248 $2,448 $23,800
2021 $2,193 $27,599 $2,574 $25,025
2020 $1,794 $22,565 $2,574 $19,991
2019 $1,764 $22,565 $2,574 $19,991
2018 $1,567 $19,044 $2,592 $16,452
2017 $1,350 $19,044 $2,592 $16,452
2016 $1,317 $17,950 $2,866 $15,084
2015 $1,306 $17,950 $2,870 $15,080
2014 $1,113 $14,800 $3,180 $11,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE874179

IRES MLS

APN: 85183-13-006

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