NOT LISTED FOR SALE

1402 W 11th St Loveland, CO 80537

Estimated Value: $401,000 - $442,000

5 Beds
2 Baths
2,664 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $345,000 $130 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,363/month

46 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Patio
  • Corner Lot
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Update: No additional showings or offers at this time. (multiple offers pending - waiting on Seller's signatures) This +/- 2,664 SF home was built in 1959 and offers an excellent opportunity for someone to build equity through increasing the existing below market rent and updating the home. The home offers a full finished basement and is a great value to find four bedrooms (1 non-conforming bedroom) plus an office. The home includes a detached third car garage with a separate workshop complete with heating, half bathroom, and small kitchenette. The home has wood flooring in the living room and wood flooring under carpeted areas and two wood burning fireplaces. Property sold As-Is.

Last Agent to Sell the Property

Rollin Goering

RE/MAX Alliance-FTC South Listed on: 03/06/2021

Co-Listed By

Wayne Lewis

LC Real Estate Group, LLC

Last Buyer's Agent

Rollin Goering

RE/MAX Alliance-FTC South Listed on: 03/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1959

Lot Details

  • 9,442 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,664 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Garfield Elementary School
  • Ball Middle School
  • Loveland High School

Additional Features

  • Mineral Rights Excluded
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0408816

Community Details

Overview

  • No Home Owners Association
  • Hill Top Subdivision

Building Details

  • Gross Income $23,400
  • Net Operating Income $20,587

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,208

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 8LMHS
  • Subdivision Name: Hill Top
  • Directions: From Interstate 25, Exit 257 US-34 W toward Loveland then head West 5.6 and turn left onto N Taft Ave. Head South 0.3 miles and turn right onto 11th Street. Property will be on your left.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2664
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link, Other
  • Lot Features: Curbs, Gutters, Fire Hydrant within 500 Feet, Mineral Rights Excluded, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, City of LVLD
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • 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: Garfield
  • HighSchool: Loveland
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Ball (Conrad)

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 9442
  • Parcel #: R0408816
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1208

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 23400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Oct 29, 2021
Sold by
City Of Loveland Colorado
Bought by
Pezzani Amy Lynn and Bock Danielle Cristina
Seller's Agent
Rollin Goering
RE/MAX Alliance-FTC South
Buyer's Agent
Rollin Goering
RE/MAX Alliance-FTC South
List Price
$330,000
Sold Price
$345,000
Premium/Discount to List
$15,000
4.55%
Current Estimated Value
$423,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,126
Avg. Annual Appreciation
5.24%
Original Mortgage
$258,750
Outstanding Balance
$236,467
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$186,659

Purchase Details

Closed on
Dec 9, 2009
Sold by
Skroch Vicki A
Bought by
City Of Loveland Colorado
Source: Public Records

Range of Values:

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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
Pezzani Amy Lynn $345,000 Land Title Guarantee Co
City Of Loveland Colorado $226,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pezzani Amy Lynn $258,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2022 02/03/22 Off Market $345,000 -- --
10/29/2021 10/29/21 Sold $345,000 0.0% $130 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/21/2021 04/21/21 Price Changed $345,000 +4.5% $130 / Sq Ft
03/06/2021 03/06/21 For Sale $330,000 -- $124 / 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 $1,770 $25,862 $2,680 $23,182
2024 $1,707 $25,862 $2,680 $23,182
2022 $2,019 $25,368 $2,780 $22,588
2021 $363 $91,853 $10,065 $81,788
2020 $4,983 $62,669 $11,600 $51,069
2019 $4,899 $62,669 $11,600 $51,069
2018 $0 $59,653 $11,600 $48,053
2017 $4,228 $59,653 $11,600 $48,053
2016 $0 $59,450 $11,600 $47,850
2015 -- $59,450 $11,600 $47,850
2014 -- $57,540 $11,600 $45,940
Source: Public Records

Agents Affiliated with this Home

  • Rollin Goering

    Seller's Agent in 2021

    Rollin Goering

    RE/MAX

    (970) 402-6432

    28 in this area

    82 Total Sales

    Rollin Goering
    Section Image
  • Wayne Lewis

    Seller Co-Listing Agent in 2021

    Wayne Lewis

    LC Real Estate Group, LLC

    (970) 440-3250

    15 in this area

    45 Total Sales

    Wayne Lewis
    Section Image
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Map

Source: IRES MLS

MLS Number: 934852

IRES MLS

APN: 95151-14-003

Colorado Larimer County Loveland 80537

1402 W 11th 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.

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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