NOT LISTED FOR SALE

1412 E 8th St Loveland, CO 80537

Estimated Value: $398,420 - $422,000

4 Beds
2 Baths
1,440 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $397,400 $276 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,318/month

1 Day on Market

Highlights

  • No HOA
  • Brick Veneer
  • Level Lot
  • Eat-In Kitchen
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of March 2023

Duplex in east Loveland. Two ranch style units, 2 bed, 1 bath each side. Fully rented, tenants on month to month leases. Rented below market due to long term tenants.

Last Agent to Sell the Property

Sarah Goodyear

Group Harmony Listed on: 03/07/2023

Group Harmony

Co-Listed By

The Choice Team

Coldwell Banker Realty- Fort Collins

Last Buyer's Agent

Damien Parrish

eXp Realty - Hub

eXp Realty - Hub

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0342521

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Water Add Subdivision

Building Details

  • Gross Income $38,400
  • Net Operating Income $31,328

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,771

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 9CBCO
  • Subdivision Name: Water Add
  • Directions: From HWY 34, go south on Madison. East on 8th St.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1440
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Winona
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Ball (Conrad)

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 7405
  • Parcel #: R0342521
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1771

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Mar 28, 2023
Sold by
Goodyear James O
Bought by
Parrish Damien
Seller's Agent
Sarah Goodyear
Group Harmony
Buyer's Agent
Damien Parrish
eXp Realty - Hub
List Price
$399,900
Sold Price
$397,400
Premium/Discount to List
-$2,500
-0.63%
Views
7
Current Estimated Value
$410,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,955
Avg. Annual Appreciation
1.25%
Original Mortgage
$400,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2002
Sold by
Willis David P and Willis Elaine P
Bought by
Goodyear James O and Thiers Dennis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.03%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Willis David P and Willis Elaine P
Bought by
Willis David P and Willis Elaine P

Purchase Details

Closed on
Apr 25, 1996
Sold by
Bauer Jerry A
Bought by
Willis David P and Willis Elaine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
7.8%
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
Parrish Damien $397,400 --
Goodyear James O -- --
Willis David P -- --
Willis David P $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Parrish Damien $400,000
Previous Owner Goodyear James O $112,000
Previous Owner Willis David P $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $397,400 -0.6% $276 / Sq Ft
03/07/2023 03/07/23 For Sale $399,900 -- $278 / 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 $1,985 $28,555 $2,144 $26,411
2024 $1,914 $28,555 $2,144 $26,411
2022 $1,771 $22,263 $2,176 $20,087
2021 $1,860 $23,409 $2,288 $21,121
2020 $1,683 $21,171 $2,288 $18,883
2019 $1,655 $21,171 $2,288 $18,883
2018 $1,414 $17,179 $2,304 $14,875
2017 $1,217 $17,179 $2,304 $14,875
2016 $1,030 $14,049 $2,547 $11,502
2015 $1,022 $14,050 $2,550 $11,500
2014 $884 $11,750 $1,990 $9,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 983009

IRES MLS

APN: 85183-05-030