NOT LISTED FOR SALE

1331 E 7th St Loveland, CO 80537

Loveland Area

Estimated Value: $624,000 - $660,472

7 Beds
4 Baths
3,850 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: June 2, 2021

Last sale price $560,000 $145 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,833 / mo

47 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Cathedral Ceiling
  • City View
  • Deck
  • Wood Flooring

About This Home

As of June 2021

Unique opportunity for rental income or development potential close to downtown Loveland. Property is currently a non-conforming 3 unit rental. Each unit has its own entrance, kitchen and laundry. Live in one unit and rent the other two. Easily convert two units into one single family and rent the 3rd unit. Double lot allows for future development. Leases in place to May 31, 2021 for Units B and C and to July 31, 2021 for Unit A. 30 Day Notice must be given to tenants to vacate. Monthly rent includes utilities. Property zoned single family at county level and in the R3e overlay zone at city level. Storage container at back of property is included in price. All pictures were taken during vacancy in each unit.

Last Agent to Sell the Property

Cindy March

Premier Lifestyle Realty Listed on: 02/03/2021

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,615

Year Built

  • Built in 1910

Lot Details

  • 13,084 Sq Ft Lot
  • South Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,850 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Flooring
  • City Views

Kitchen

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

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Bathrooms
  • Primary bathroom on main floor
  • Spa Bath

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Crawl Space
  • Natural lighting in basement

Parking

  • Alley Access
  • Driveway Level

Outdoor Features

  • Spa
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Rights Not Included
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Mineral Rights Excluded

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0342033

Community Details

Overview

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

Building Details

  • Gross Income $45,600
  • Net Operating Income $30,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,615

Year Built

Built in 1910

Lot Details

0.3 Acres

Listing Details

  • Year Built: 1910
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.3
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: BOYD ADD
  • Directions: HWY 34 TO MADISON. SOUTH ON MADISON TO 7TH STREET. EAST ON 7TH TO PROPERTY ON NORTH SIDE OF STREET
  • Unit Levels: Tri Front/Back
  • New Construction: No
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3850
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, All Appliances
  • Accessibility Features: Level Lot, Level Drive, Low Carpet, Main Floor Bath, Main Level Bedroom
  • Has Basement: 90%+ Finished Basement, Crawl Space, Walk-Out Access, Daylight
  • Total Bedrooms: 7
  • Entry Location: Outside Entry
  • Flooring: Wood Floors
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan, Walk-In Closet(s), Outside Entry
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Fenced, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Water Rights Excluded, Mineral Rights Excluded, Level, Within City Limits
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: South
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Deck, Enclosed
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, City of Lovelan
  • Heating: Forced Air, Common Heat Source, Individual Heat Source
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Sink, Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Excel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RES/R3e
  • Lot Size Sq Ft: 13084
  • Parcel #: R0342033
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2614.56

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 45600
  • Income Includes: ["Lease/Rents"]

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Jun 2, 2021
Sold by
Bought by
Seller's Agent
Cindy March
Premier Lifestyle Realty
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$600,000
Sold Price
$560,000
Premium/Discount to List
-$40,000
-6.67%
Current Estimated Value
$643,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,868
Avg. Annual Appreciation
2.74%
Original Mortgage
$448,000
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
0.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2006
Sold by
Bought by

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
0.0644%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
0.0555%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
0.0555%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 3, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 Heritage Title Co
$151,824 Premium Title Services Inc
-- None Available
-- Lsi
$174,000 North Amer Title Co Of Co
-- North American Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $448,000
Previous Owner $125,000
Previous Owner $50,000
Previous Owner $147,900
Previous Owner $26,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Off Market $560,000 -- --
06/02/2021 06/02/21 Sold $560,000 -6.7% $145 / Sq Ft
02/03/2021 02/03/21 For Sale $600,000 -- $156 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,575 $42,431 $2,250 $40,181
2024 $3,447 $48,475 $2,412 $46,063
2022 $3,029 $38,066 $2,448 $35,618
2021 $2,311 $29,079 $2,574 $26,505
2020 $2,615 $32,883 $2,574 $30,309
2019 $2,570 $32,883 $2,574 $30,309
2018 $2,066 $25,099 $2,592 $22,507
2017 $1,779 $25,099 $2,592 $22,507
2016 $1,424 $19,415 $2,866 $16,549
2015 $1,412 $19,420 $2,870 $16,550
2014 $1,496 $19,900 $3,180 $16,720
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cindy March

    Premier Lifestyle Realty

    Section Image

  • N

    Buyer's Agent in 2021

    Non-IRES Agent

    CO_IRES

See All Agents

Map

Source: IRES MLS

MLS Number: IRE932677

IRES MLS

APN: 85183-23-008

Colorado Larimer County Loveland 80537

1331 E 7th St, Loveland, CO

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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID
Listings courtesy of IRES MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.