NOT LISTED FOR SALE

1403 E 16th St Loveland, CO 80538

Estimated Value: $477,961 - $542,000

4 Beds
2 Baths
1,707 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $440,000 $258 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,031/month

3 Days on Market

Highlights

  • No HOA
  • Patio
  • Walk-in Shower
  • Brick Veneer
  • Forced Air Heating and Cooling System
  • South Facing Home

About This Home

As of July 2021

Amazing duplex in central location: Close to McKee Medical Center, Boyd Lake and all the amenities on Eisenhower Blvd. Same great tenants for 8 and 11 years and both want to stay! Unit A: new furnace & central a/c in 2013, new hot water heater 2014. Unit B: New furnace & central a/c in 2010 and new hot water heater 2009. completely refurbished in 2013 and walk in shower installed in 2014. Both units: switches and outlets replaced 2008; Appliances & flooring at various times. Seller is a licensed real estate broker in the State of Colorado.

Last Agent to Sell the Property

Dawne Collier

Group Harmony Listed on: 06/10/2021

Group Harmony

Last Buyer's Agent

Cassie Purdy

eXp Realty - Loveland

eXp Realty - Loveland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,010

Year Built

  • Built in 1971

Lot Details

  • 6,000 Sq Ft Lot
  • South Facing Home
  • Fenced

Home Design

  • Property Attached
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,707 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0335827

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mckee Meadows Subdivision

Building Details

  • Gross Income $12,550
  • Net Operating Income $6,403

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,010

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Subdivision Name: Mckee Meadows
  • Directions: From Boise and Hwy 34, north on Boise one block, west on 16th, property on north side
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1707
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Accessibility Features: Stall Shower
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Wood Siding
  • Direction Faces: South
  • 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
  • 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: Monroe
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Ball (Conrad)

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 6000
  • Parcel #: R0335827
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2010

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12550
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 6147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 12, 2021
Sold by
Lombardi Alfred J and Collier Pamela W
Bought by
Opsand Mcchesney Rentals Lp
Seller's Agent
Dawne Collier
Group Harmony
Buyer's Agent
Cassie Purdy
eXp Realty - Loveland
List Price
$420,000
Sold Price
$440,000
Premium/Discount to List
$20,000
4.76%
Current Estimated Value
$520,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,490
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Jun 12, 2013
Sold by
Carmellaslegacy Llc
Bought by
Lombardi Alfred J and Collier Pamala W

Purchase Details

Closed on
Feb 17, 2012
Sold by
Lombardi Alfred J and Collier Pamala W
Bought by
Carmellaslegacy Llc

Purchase Details

Closed on
Aug 26, 2010
Sold by
Lombardi Alfred J
Bought by
Lombardi Alfred J and Collier Pamala W

Purchase Details

Closed on
Mar 20, 2008
Sold by
Tams Jeffrey E
Bought by
Lombardi Alfred J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1994
Sold by
Cywinski Antoinette M
Bought by
Tams Jeffrey E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Opsand Mcchesney Rentals Lp $440,000 Fidelity National Title
Lombardi Alfred J -- None Available
Carmellaslegacy Llc -- None Available
Carmellas Legacy Llc -- None Available
Lombardi Alfred J -- None Available
Lombardi Alfred J $175,000 Land Title
Tams Jeffrey E $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lombardi Alfred J $150,171
Previous Owner Lombardi Alfred J $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2021 10/10/21 Off Market $440,000 -- --
07/12/2021 07/12/21 Sold $440,000 +4.8% $258 / Sq Ft
06/10/2021 06/10/21 For Sale $420,000 -- $246 / 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 $2,341 $33,024 $8,375 $24,649
2024 $2,258 $33,024 $8,375 $24,649
2022 $2,051 $25,772 $6,392 $19,380
2021 $2,154 $27,099 $6,721 $20,378
2020 $2,010 $25,282 $6,721 $18,561
2019 $1,976 $25,282 $6,721 $18,561
2018 $1,516 $18,418 $4,320 $14,098
2017 $1,305 $18,418 $4,320 $14,098
2016 $1,127 $15,363 $2,945 $12,418
2015 $1,118 $15,370 $2,950 $12,420
2014 $1,086 $14,440 $2,950 $11,490
Source: Public Records

Agents Affiliated with this Home

  • Dawne Collier

    Seller's Agent in 2021

    Dawne Collier

    Group Harmony

    (970) 412-5110

    135 Total Sales

    Section Image
  • Cassie Purdy

    Buyer's Agent in 2021

    Cassie Purdy

    eXp Realty - Loveland

    (303) 548-7896

    101 Total Sales

    Section Image
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Map

Source: IRES MLS

MLS Number: 942693

IRES MLS

APN: 85073-08-014

Colorado Larimer County Loveland 80538

1403 E 16th St, Loveland, CO

This home is located at 1403 E 16th St, Loveland, CO 80538 since 10 June 2021 and is currently estimated at $520,490, approximately $304 per square foot. This property was built in 1971. 1403 E 16th St is a home located in Larimer County with nearby schools including Monroe Elementary School, Conrad Ball Middle School, and Mountain View 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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