NOT LISTED FOR SALE

1507 E 4th St Loveland, CO 80537

Estimated Value: $418,000 - $513,000

6 Beds
3 Baths
1,992 Sq Ft
$227/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $376,000 $189 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,562/month

3 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Forced Air Heating System
  • No Interior Steps
  • Walk-in Shower
  • Chain Link Fence

About This Home

As of February 2019

Great investment opportunity! Two unit duplex near shopping, restaurants, parks & trails. Homes are situated on a large .27 ac lot w/mature trees. Front home has 3 beds, 2 baths, spacious living room & large eat-in kitchen. Back home has 3 beds, 1 bath, an open layout & large picture windows. Both units have new carpet, a patio, a fenced backyard & storage shed. Water & sewer share a meter. Gas & electric on separate meters. Live in one & rent the other or rent both! Lots of off-street parking.

Last Agent to Sell the Property

Rob Kittle

Kittle Real Estate Listed on: 01/11/2019

Last Buyer's Agent

Benjamin Wishart

C3 Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,465

Year Built

  • Built in 1951

Lot Details

  • 0.27 Acre Lot
  • Chain Link Fence
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,992 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms
  • Primary bathroom on main floor
  • Walk-in Shower

Schools

  • Winona Elementary School
  • Bill Reed Middle School
  • Mountain View High School

Additional Features

  • No Interior Steps
  • Outdoor Storage
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0343358

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Water Subdivision

Building Details

  • Gross Income $14,400
  • Net Operating Income $12,935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,465

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.27
  • Road Frontage Type: City Street
  • Subdivision Name: Water
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1992
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: 2 or more H20 Heaters, Electric Range/Oven, Dishwasher, Refrigerator, Microwave
  • Accessibility Features: Level Lot, Level Drive, No Stairs, Main Floor Bath, Main Level Bedroom, Stall Shower
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Foundation Details: Slab
  • Other Structures: Storage
  • 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
  • Gas Company: Natural Gas, Xcel Energy

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: Bill Reed

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 11649
  • Parcel #: R0343358
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1465

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Feb 22, 2019
Sold by
Mock - Murphy Elizabeth
Bought by
Wishart Benjamin and Wishart Rebekah
Seller's Agent
Rob Kittle
Kittle Real Estate
Buyer's Agent
Benjamin Wishart
C3 Property Management
List Price
$375,000
Sold Price
$376,000
Premium/Discount to List
$1,000
0.27%
Current Estimated Value
$452,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,762
Avg. Annual Appreciation
2.82%
Original Mortgage
$319,600
Outstanding Balance
$280,413
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$172,349

Purchase Details

Closed on
Oct 2, 2006
Sold by
Texeira Thomas and Texeira Christine
Bought by
Mock Murphy Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Curtis Betty J
Bought by
Texeira Thomas and Texeira Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1994
Sold by
Clark Kristy L
Bought by
Curtis Betty J

Purchase Details

Closed on
Jul 1, 1993
Sold by
Wilson Dallas E
Bought by
Hammond Alan D
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
Wishart Benjamin $376,000 Fidelity National Title
Mock Murphy Elizabeth $220,000 None Available
Texeira Thomas $168,000 --
Curtis Betty J $116,400 --
Hammond Alan D $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wishart Benjamin $319,600
Previous Owner Mock Murphy Elizabeth $176,000
Previous Owner Texeira Thomas $134,400
Closed Texeira Thomas $25,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Off Market $376,000 -- --
02/22/2019 02/22/19 Sold $376,000 +0.3% $189 / Sq Ft
01/11/2019 01/11/19 For Sale $375,000 -- $188 / 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 $2,261 $32,019 $2,144 $29,875
2024 $2,181 $32,019 $2,144 $29,875
2022 $1,933 $24,290 $2,224 $22,066
2021 $1,986 $24,989 $2,288 $22,701
2020 $1,837 $23,109 $2,288 $20,821
2019 $1,806 $23,109 $2,288 $20,821
2018 $1,465 $17,798 $2,304 $15,494
2017 $1,261 $17,798 $2,304 $15,494
2016 $1,124 $15,331 $2,547 $12,784
2015 $1,115 $15,330 $2,550 $12,780
2014 $1,059 $14,080 $1,990 $12,090
Source: Public Records

Agents Affiliated with this Home

  • Rob Kittle

    Seller's Agent in 2019

    Rob Kittle

    Kittle Real Estate

    (970) 329-2008

    100 in this area

    944 Total Sales

    Rob Kittle
    Section Image
  • Benjamin Wishart

    Buyer's Agent in 2019

    Benjamin Wishart

    C3 Property Management

    (970) 225-5151

    18 in this area

    46 Total Sales

    Benjamin Wishart
    Section Image
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Map

Source: IRES MLS

MLS Number: 869730

IRES MLS

APN: 85183-10-010

Colorado Larimer County Loveland 80537

1507 E 4th 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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