NOT LISTED FOR SALE

1338 Arthur Ave Unit A & B Loveland, CO 80537

Estimated Value: $395,000 - $809,000

5 Beds
2 Baths
1,628 Sq Ft
$322/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $288,000 $177 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,929/month

13 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Partially Fenced Property
  • No HOA
  • Satellite Dish
  • Level Lot

About This Home

As of December 2023

No showings until further notice. Fixer-upper! Listing is for both sides of a duplex (2 units). This duplex is being sold "AS-IS". The asking price reflects the current condition. Duplex includes one 2 bedroom, 1 bathroom unit and one 3 bedroom, 1 bathroom unit. Some wood floors and there might be wood under the carpet. The back unit (1338A) has a fenced yard area. This duplex backs to the railroad tracks. Potential Rental Income is estimated and is based on current condition, but could be much higher after these are fixed up. 1338B is tenant occupied with a month-to-month lease and 1338A will soon be available. 1338B is the 3-bedroom unit and 1338A is the 2-bedroom unit. 1340-1346 N. Arthur (next door to the North) is also for sale for a total of 6 units. 1340-1346 N. Arthur is in very similar condition and is easy to show for comparison.

Last Agent to Sell the Property

Jill Leichliter

RE/MAX Alliance-Loveland Listed on: 11/15/2023

RE/MAX Alliance-Loveland

Last Buyer's Agent

JC Coulter

Property Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1963

Lot Details

  • 6,130 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Duplex
  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Electric Oven or Range

Bedrooms and Bathrooms

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

Schools

  • Truscott Elementary School
  • Bill Reed Middle School
  • Thompson Valley High School

Utilities

  • Forced Air Heating System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0381152

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lakeside Addn Subdivision

Building Details

  • Gross Income $24,000
  • Net Operating Income $19,354

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,888

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Lakeside Addn
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1628
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 5
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Fixer, Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, City of Lovelan
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: R1E
  • Lot Size Sq Ft: 6130
  • Parcel #: R0381152
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1888

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000
  • Annual Operating Expense: 4646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 19, 2023
Sold by
United Colorado Llc
Bought by
Leos Humberto
Seller's Agent
Jill Leichliter
RE/MAX Alliance-Loveland
Buyer's Agent
JC Coulter
Property Partners
List Price
$375,000
Sold Price
$288,000
Premium/Discount to List
-$87,000
-23.2%
Views
17
Current Estimated Value
$524,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,325
Avg. Annual Appreciation
38.01%
Original Mortgage
$280,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 1990
Sold by
Smith Floyd A
Bought by
Smith Floyd A and Garcia Kimberly
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
Leos Humberto $350,000 Stewart Title
United Colorado Llc $310,000 Land Title
Noco Housing Solutions Llc $288,000 Land Title
Smith Floyd A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Leos Humberto $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2023 12/19/23 Sold $288,000 -23.2% $177 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $375,000 -- $230 / 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 $2,142 $30,519 $6,700 $23,819
2024 $2,065 $30,519 $6,700 $23,819
2022 $1,888 $23,732 $4,624 $19,108
2021 $1,983 $24,954 $4,862 $20,092
2020 $2,061 $25,926 $4,862 $21,064
2019 $2,027 $25,926 $4,862 $21,064
2018 $1,597 $19,404 $2,808 $16,596
2017 $1,375 $19,404 $2,808 $16,596
2016 $1,178 $16,055 $2,706 $13,349
2015 $1,168 $16,060 $2,710 $13,350
2014 $1,044 $13,880 $2,150 $11,730
Source: Public Records

Agents Affiliated with this Home

  • Jill Leichliter

    Seller's Agent in 2023

    Jill Leichliter

    RE/MAX

    (970) 443-7789

    41 in this area

    71 Total Sales

    Jill Leichliter
    Section Image
  • JC Coulter

    Buyer's Agent in 2023

    JC Coulter

    Property Partners

    (719) 838-9011

    6 in this area

    59 Total Sales

    JC Coulter
    Section Image
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Map

Source: IRES MLS

MLS Number: 999666

IRES MLS

APN: 95132-07-006

Colorado Larimer County Loveland 80537

1338 Arthur Ave Unit A & B, Loveland, CO

This home is located at 1338 Arthur Ave Unit A & B, Loveland, CO 80537 since 15 November 2023 and is currently estimated at $524,325, approximately $322 per square foot. This property was built in 1963. 1338 Arthur Ave Unit A & B is a home located in Larimer County with nearby schools including Truscott Elementary School, Bill Reed Middle School, and Loveland 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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