NOT LISTED FOR SALE

1363 Arthur Ave Unit 1363 1365 Loveland, CO 80537

Estimated Value: $388,000 - $660,000

5 Beds
2 Baths
1,416 Sq Ft
$344/Sq Ft Est. Value

Last Sold May 09, 2016

Last sale price $239,000 $169 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,716/month

13 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Circulating Fireplace
  • Brick Veneer
  • Fenced
  • 1-Story Property

About This Home

As of May 2016

Property is near the S.W. corner of Hwy 34 and Hwy 287. 1363 Unit has 2 bedrooms, 1 bath, living room and a kitchen. 1365 has 3 bedrooms, 1 bathroom, kitchen, living room, and utility room. Both units have separate fenced yards. Rent has not been increased for 5 years (can increase to over an 8% cap). Both units are currently rented with a month to month lease. Duplex has a brick exterior. Basement is a "stand up" basement and contains 2 furnaces and 2 water heaters. Electric has 2 meters

Last Agent to Sell the Property

Thomas Glanville

Keller Williams-Preferred Rlty Listed on: 02/26/2016

Keller Williams-Preferred Rlty

Last Buyer's Agent

Thomas Glanville

Keller Williams-Preferred Rlty Listed on: 02/26/2016

Keller Williams-Preferred Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,020

Year Built

  • Built in 1959

Lot Details

  • 9,986 Sq Ft Lot
  • Fenced

Home Design

  • Property Attached
  • Brick Veneer
  • Wood Roof

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Circulating Fireplace
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0381284

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lakeside Subdivision

Building Details

  • Gross Income $20,280
  • Net Operating Income $17,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,020

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.23
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Lakeside
  • Directions: Near the S.W. corner of Hwy 287 and Hwy 34. Entry off Hwy 34 eastbound lanes.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1416
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Has Basement: Partial
  • Total Bedrooms: 5
  • Fireplace Features: Circulating
  • Fireplace: Yes
  • ResoLivingAreaSource: Other

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: OTHER
  • HighSchool: OTHER
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: OTHER

Lot Info

  • Zoning: R1E
  • Lot Size Sq Ft: 9986
  • Parcel #: R0381284
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1020

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20280
  • Annual Operating Expense: 2440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2017
Sold by
Logue Walter L and Katchian Anahid
Bought by
A And W Living Revocable Trust
Current Estimated Value
$486,611

Purchase Details

Closed on
Sep 6, 2017
Sold by
Clary James D
Bought by
Logue Walter L and Katchian Anahid

Purchase Details

Listed on
Feb 26, 2016
Closed on
May 9, 2016
Sold by
Severson Dennis L and Severson Margaret R
Bought by
Clary James D
Seller's Agent
Thomas Glanville
Keller Williams-Preferred Rlty
Buyer's Agent
Thomas Glanville
Keller Williams-Preferred Rlty
List Price
$259,000
Sold Price
$239,000
Premium/Discount to List
-$20,000
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Jan 9, 2012
Sold by
Severson Dennis L and Severson Margaret R
Bought by
Severson Dennis L and Severson Margaret R

Purchase Details

Closed on
Sep 24, 2010
Sold by
Severson Dennis L and Severson Margaret R
Bought by
Severson Dennis L and Severson Margaret R

Purchase Details

Closed on
Dec 22, 2000
Sold by
Severson Dennis L and Severson Margaret R
Bought by
Severson Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
10.87%

Purchase Details

Closed on
Oct 1, 1995
Sold by
Wildin Jerald L
Bought by
Gardner Lavonne E

Purchase Details

Closed on
Aug 1, 1992
Sold by
Wildin Jerald L
Bought by
Gardner Lavonne E
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
A And W Living Revocable Trust -- None Available
Logue Walter L $321,000 Heritage Title Co
Clary James D $239,000 North American Title
Severson Dennis L -- None Available
Severson Dennis L -- None Available
Severson Margaret R -- --
Gardner Lavonne E -- --
Gardner Lavonne E $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Severson Margaret R $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $239,000 -- --
05/09/2016 05/09/16 Sold $239,000 -7.7% $169 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $259,000 -- $183 / 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 $1,971 $28,388 $6,700 $21,688
2024 $1,901 $28,388 $6,700 $21,688
2022 $1,748 $21,964 $4,624 $17,340
2021 $1,836 $23,095 $4,862 $18,233
2020 $1,807 $22,723 $4,862 $17,861
2019 $1,776 $22,723 $4,862 $17,861
2018 $1,362 $16,546 $2,808 $13,738
2017 $1,197 $16,884 $2,808 $14,076
2016 $1,065 $14,519 $2,706 $11,813
2015 $1,056 $14,520 $2,710 $11,810
2014 $978 $13,010 $2,150 $10,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 784405

IRES MLS

APN: 95132-08-001