NOT LISTED FOR SALE

1550 E 8th St Loveland, CO 80537

Estimated Value: $561,000 - $598,000

6 Beds
3 Baths
2,496 Sq Ft
$233/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $435,000 $174 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,279/month

12 Days on Market

Highlights

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

About This Home

As of September 2020

Review "Disclosure Addendum" that is included in Documents. Triplex is being sold "AS IS WITH ALL FAULTS." Buyer encouraged to have inspection of property before making offer. All State of Colorado Contract to Buy & Sell Real Estate contingencies will be removed at the time the purchase contract is executed by both Buyer & Seller. Earnest money shall be non-refundable at time the contract is executed by both buyer and seller

Last Agent to Sell the Property

Jay McCoy

Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins Listed on: 08/14/2020

Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins

Last Buyer's Agent

Leslie Oldham

Realty One Group Five Star

Realty One Group Five Star

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1972

Lot Details

  • 7,100 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,496 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0631108

Community Details

Overview

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

Building Details

  • Gross Income $28,800
  • Net Operating Income $26,386

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: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Water Addition
  • 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
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Electric: Electric, city
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, city
  • Gas Company: Natural Gas, xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: 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: 7100
  • Parcel #: R0631108
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2414

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28800
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 2414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 27, 2020
Sold by
Brown Bruce Macauley and Brown Marilyn Smurda
Bought by
Brice Enterprises Llc
Seller's Agent
Jay McCoy
Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
Buyer's Agent
Leslie Oldham
Realty One Group Five Star
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Current Estimated Value
$582,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,552
Avg. Annual Appreciation
5.89%

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 22, 2020
Sold by
Brown Family Trust and Brown Bruce Macauley
Bought by
Brice Enterprises Llc
Seller's Agent
Jay McCoy
Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
Buyer's Agent
Leslie Oldham
Realty One Group Five Star
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%

Purchase Details

Closed on
Jun 5, 2011
Sold by
Brown Bruce
Bought by
Brown Bruce Macauley and Brown Marilyn Smurda

Purchase Details

Closed on
Jan 7, 2008
Sold by
1550-1558 E 8Th Street Llc
Bought by
Brown Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,556
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2002
Sold by
Gordon Anne Marie
Bought by
1550-1558 E 8Th Street Llc

Purchase Details

Closed on
Dec 1, 1994
Sold by
Wagner Kathleen K
Bought by
Gordon Anne-Marie
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
Brice Enterprises Llc $435,000 First American
Brice Enterprises Llc $435,000 First American Title
Brown Bruce Macauley -- None Available
Brown Bruce $186,075 North Amer Title Co Of Co
1550-1558 E 8Th Street Llc -- --
Gordon Anne-Marie $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Bruce $139,556
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Off Market $435,000 -- --
09/22/2020 09/22/20 Sold $435,000 -3.3% $174 / Sq Ft
08/14/2020 08/14/20 For Sale $450,000 -- $180 / 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 $2,682 $37,292 $2,144 $35,148
2024 $2,587 $37,292 $2,144 $35,148
2022 $2,441 $30,682 $2,176 $28,506
2021 $2,564 $32,261 $2,288 $29,973
2020 $2,455 $30,881 $2,288 $28,593
2019 $2,414 $30,881 $2,288 $28,593
2018 $2,077 $25,236 $2,304 $22,932
2017 $1,788 $25,236 $2,304 $22,932
2016 $1,412 $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

  • Jay McCoy

    Seller's Agent in 2020

    Jay McCoy

    Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins

    (970) 443-1042

    10 in this area

    47 Total Sales

    Jay McCoy
    Section Image
  • Leslie Oldham

    Buyer's Agent in 2020

    Leslie Oldham

    Realty One Group Five Star

    (303) 517-3401

    2 in this area

    57 Total Sales

    Leslie Oldham
    Section Image
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Map

Source: IRES MLS

MLS Number: 921330

IRES MLS

APN: 85183-05-031

Colorado Larimer County Loveland 80537

1550 E 8th St, Loveland, CO

This home is located at 1550 E 8th St, Loveland, CO 80537 since 14 August 2020 and is currently estimated at $582,552, approximately $233 per square foot. This property was built in 1972. 1550 E 8th St is a home located in Larimer County with nearby schools including Winona Elementary School, Peakview Academy at Conrad Ball, and Mountain View High School.

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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