NOT LISTED FOR SALE

1527 E 8th St Loveland, CO 80537

Estimated Value: $583,000 - $618,000

6 Beds
3 Baths
2,496 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $468,000 $188 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,528/month

21 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 1-Story Property
  • Outdoor Storage
  • Level Lot

About This Home

As of November 2020

Central Loveland Triplex! Spectacular rental history netting $2,840 per month with all units rented until 07/30/2021. All utilities are billed back on top of rents - this investment opportunity is turn key ready rentals with optional professional management in place. Each unit in this triplex are spacious 832 SF, 2 Bedroom and 1 Bath units. Close to Hwy 34th and McKee Medical. Brand new exterior paint and new boiler in 2015. 2 of the units have been updated with floors, paint and new bathrooms. One unit has a 10+ year long term tenant. Come check out this cash flowing rental!

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

  • $2,414

Year Built

  • Built in 1972

Lot Details

  • 7,538 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,496 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

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

Additional Features

  • Outdoor Storage
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0342157

Community Details

Overview

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

Building Details

  • Gross Income $34,080
  • Net Operating Income $29,866

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,414

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
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2496
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Sidewalks, Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City of Lvld
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • 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: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: RE MF
  • Lot Size Sq Ft: 7538
  • Parcel #: R0342157
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2413.94

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 34080
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4213.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Abert Brian Christopher
Bought by
Themisto Llc
Current Estimated Value
$603,233

Purchase Details

Listed on
Aug 26, 2020
Closed on
Nov 2, 2020
Sold by
Skyline612 Llc
Bought by
Abert Brian Christopher
Seller's Agent
Dave Lund
Noble Venture
Buyer's Agent
Matt DePofi
The Landmark Group
List Price
$475,000
Sold Price
$468,000
Premium/Discount to List
-$7,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$351,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2015
Sold by
Live Different Llc
Bought by
Skyline612 Llc

Purchase Details

Closed on
Mar 1, 1989
Bought by
Mcclure Dorothy Eleanor
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
Themisto Llc $130,000 None Listed On Document
Abert Brian Christopher $468,000 First American Title
Skyline612 Llc -- None Available
Mcclure Dorothy Eleanor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abert Brian Christopher $351,000
Previous Owner Skyline612 Llc $231,000
Previous Owner Live Different Llc $160,000
Previous Owner Mcclure Dorothy Eleanore $92,500
Previous Owner Mcclure Dorothy Eleanor $65,000
Previous Owner Mcclure Dorothy Eleanor $50,000
Previous Owner Mcclure Dorothy Eleanor $31,697
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Off Market $468,000 -- --
11/02/2020 11/02/20 Sold $468,000 -1.5% $188 / Sq Ft
08/26/2020 08/26/20 For Sale $475,000 -- $190 / 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 $2,699 $37,500 $2,144 $35,356
2024 $2,603 $37,500 $2,144 $35,356
2022 $2,453 $30,824 $2,176 $28,648
2021 $2,576 $32,411 $2,288 $30,123
2020 $2,455 $30,881 $2,288 $28,593
2019 $2,414 $30,881 $2,288 $28,593
2018 $1,914 $23,256 $2,304 $20,952
2017 $1,648 $23,256 $2,304 $20,952
2016 $1,234 $19,255 $2,547 $16,708
2015 $1,401 $19,260 $2,550 $16,710
2014 $1,090 $14,500 $1,990 $12,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 922265

IRES MLS

APN: 85183-24-008