NOT LISTED FOR SALE

1403 E 7th St Loveland, CO 80537

4 Beds
3 Baths
5,280 Sq Ft
0.26 Acres

Last Sold June 09, 2017

Last sale price $690,000 $131 Per Sq Ft

100 Days on Market

Highlights

  • No HOA
  • Patio
  • Forced Air Heating System
  • Eat-In Kitchen
  • Outdoor Storage
  • Chain Link Fence

About This Home

As of June 2017

Fully leased 5 Plex investment. Four units: 1130 S.F. ea, with 3 beds/1.5 baths & W/D hookups & small patios. One unit with 830 S.F -1 bed/1 bath. 2016 New paint, roof, insulation and gutters. Common yard has sprinkler system. Each unit has 2 designated parking spaces, plus visitor parking in back parking lot. Landlord pays water and trash, tenants pay electric and gas (individually metered). Just south of Eisenhower between Madison and Boise. 24 hours notice required to show please.

Last Agent to Sell the Property

Don Dunn

Dunn Real Estate & Mgmt Listed on: 01/30/2017

Last Buyer's Agent

Don Dunn

Dunn Real Estate & Mgmt Listed on: 01/30/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,895

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 5,280 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0342351

Community Details

Overview

  • No Home Owners Association
  • Association fees include common amenities
  • 5 Units
  • Water Addition Subdivision

Building Details

  • Gross Income $53,730
  • Net Operating Income $45,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,895

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.26
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Water Addition
  • Directions: From 287 turn East on Eisenhower to Boise Ave. Turn South on Boise then West on E. 7th Street.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5280
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Accessibility Features: Level Lot
  • Has Basement: None
  • Total Bedrooms: 4
  • Entry Location: Outside Entry
  • Interior Amenities: Eat-in Kitchen, Outside Entry
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Lot Features: Sidewalks, Lawn Sprinkler System, Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Separate Meter Electricity, City of Lovelan
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities
  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 11326
  • Parcel #: R0342351
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2895

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 53730
  • Income Includes: ["Lease/Rents","Deposits Forfeited"]
  • Annual Operating Expense: 7995

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2019 01/28/19 Off Market $690,000 -- --
01/28/2019 01/28/19 Off Market $540,000 -- --
06/09/2017 06/09/17 Sold $690,000 -4.8% $131 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $725,000 +34.3% $137 / Sq Ft
05/22/2015 05/22/15 Sold $540,000 -4.4% $102 / Sq Ft View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $565,000 -- $107 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 810293

IRES MLS

APN: 85183-05-012