NOT LISTED FOR SALE

1417 E 8th St Loveland, CO 80537

Estimated Value: $427,000 - $507,000

4 Beds
2 Baths
1,688 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $383,000 $227 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,698/month

21 Days on Market

Highlights

  • City View
  • Level Lot
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

As of November 2020

Come and see this turnkey DUPLEX just south of Hwy 34 and east of Downtown. This rare find of an income property has no HOA, newer flooring, and newer paint. 100% occupied with monthly gross rents of $2290 ($1185 and $1105). Each side is a spacious 2 bedroom/1 bath unit with washer and dryer hookups. Brand new exterior paint and roof! Water and sewer are billed back on top of rents. ADA access, optional professional management, off street parking, make this a great addition to your rental portfolio.

Last Agent to Sell the Property

Dave Lund

Noble Venture Listed on: 08/26/2020

Last Buyer's Agent

Matt DePofi

The Landmark Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 1972

Lot Details

  • 7,387 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property
  • City Views
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0342114

Community Details

Overview

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

Building Details

  • Gross Income $27,480
  • Net Operating Income $24,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,802

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
  • Subdivision Name: Water Add
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1688
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Level Lot
  • Has Basement: None
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Electric: Electric, City of Lvld
  • Heating: None
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: No
  • 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: MF
  • Lot Size Sq Ft: 7387
  • Parcel #: R0342114
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1802.5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27480
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Abert Brian Christopher
Bought by
Callisto Llc
Current Estimated Value
$481,116

Purchase Details

Listed on
Aug 26, 2020
Closed on
Nov 2, 2020
Sold by
Double Down Properties Llc
Bought by
Abert Brian Christopher
Seller's Agent
Dave Lund
Noble Venture
Buyer's Agent
Matt DePofi
The Landmark Group
List Price
$425,000
Sold Price
$383,000
Premium/Discount to List
-$42,000
-9.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$287,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2015
Sold by
Smokey Skies Llc
Bought by
Double Down Properties Llc

Purchase Details

Closed on
Oct 22, 2012
Sold by
The Tom & Phyllis Newlove Living Trust
Bought by
Smokey Skies Llc

Purchase Details

Closed on
Jan 14, 1998
Sold by
Newlove Thomas W Phyllis O
Bought by
Newlove Thomas W and Newlove Phyllis O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,200
Interest Rate
7.13%

Purchase Details

Closed on
Jun 1, 1995
Sold by
Newlove Thomas W
Bought by
Newlove Tom Living Trust

Purchase Details

Closed on
Feb 1, 1992
Sold by
Newlove Thomas W
Bought by
Newlove Phyllis O
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
Callisto Llc -- None Listed On Document
Abert Brian Christopher $383,000 First American Title
Double Down Properties Llc -- None Available
Smokey Skies Llc -- None Available
Newlove Thomas W -- Larimer County Title Co Llc
Newlove Tom Living Trust -- --
Newlove Phyllis O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abert Brian Christopher $287,250
Previous Owner Newlove Thomas W $82,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2021 02/02/21 Off Market $383,000 -- --
11/02/2020 11/02/20 Sold $383,000 -9.9% $227 / Sq Ft
08/26/2020 08/26/20 For Sale $425,000 -- $252 / 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 $2,099 $29,983 $2,144 $27,839
2024 $2,024 $29,983 $2,144 $27,839
2022 $1,864 $23,426 $2,176 $21,250
2021 $1,958 $24,632 $2,288 $22,344
2020 $1,833 $23,059 $2,288 $20,771
2019 $1,803 $23,059 $2,288 $20,771
2018 $1,511 $18,360 $2,304 $16,056
2017 $1,301 $18,360 $2,304 $16,056
2016 $1,136 $15,482 $2,547 $12,935
2015 $1,126 $15,490 $2,550 $12,940
2014 $956 $12,710 $1,990 $10,720
Source: Public Records

Agents Affiliated with this Home

  • Dave Lund

    Seller's Agent in 2020

    Dave Lund

    Noble Venture

    (970) 420-3021

    13 in this area

    52 Total Sales

    Dave Lund
    Section Image
  • Matt DePofi

    Buyer's Agent in 2020

    Matt DePofi

    The Landmark Group

    (303) 550-3400

    2 in this area

    29 Total Sales

    Matt DePofi
    Section Image
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Map

Source: IRES MLS

MLS Number: 922267

IRES MLS

APN: 85183-24-005

Colorado Larimer County Loveland 80537

1417 E 8th 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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