NOT LISTED FOR SALE

1563 E 8th St Loveland, CO 80537

Estimated Value: $519,052 - $575,000

6 Beds
3 Baths
2,496 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $525,000 $210 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,141/month

5 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-Story Property

About This Home

As of April 2022

This great investment opportunity in the coincides with the front facing triplex listing available at 1575-1583 8th Street. Property features two bedroom and one bath units. All units have washer and dryer hookups and some updates. Showings begin 3/19.

Last Agent to Sell the Property

Christina Wilson

RE/MAX Alliance-Loveland Listed on: 03/15/2022

RE/MAX Alliance-Loveland

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,572

Year Built

  • Built in 1972

Lot Details

  • 7,406

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

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

Additional Features

  • 7,406 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Assessor Parcel Number R0697087

Community Details

Overview

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

Building Details

  • Gross Income $47,628
  • Net Operating Income $40,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,572

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Water Add
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2496
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Has Basement: None
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Electric: Separate Meter Electricity, City of Lovelan
  • Heating: Baseboard
  • Heating Yn: Yes
  • Water Source: City Water, City of Loveland
  • Gas Company: Master Meter-Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 7406
  • Parcel #: R0697087
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2572

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 47628
  • Annual Operating Expense: 6632

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 28, 2022
Sold by
Top Gun Investment Management Llc
Bought by
Glidden Brittani and Alhasoon Gorgy
Seller's Agent
Christina Wilson
RE/MAX Alliance-Loveland
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$534,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,743
Avg. Annual Appreciation
0.36%
Original Mortgage
$393,750
Outstanding Balance
$374,940
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$156,368

Purchase Details

Closed on
Dec 8, 2021
Sold by
1563 East 8Th Llc
Bought by
Topgun Investment Management L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2007
Sold by
Brown Bruce and Madding David
Bought by
Madding David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,750
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2007
Sold by
U S Bank Na
Bought by
Brown Bruce and Madding David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,750
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2006
Sold by
Shaw Jesse
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 30, 2005
Sold by
Vasquez Timothy and Hanft Amy
Bought by
Shaw Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2005
Sold by
Sprague Neil C and Sprague Neil
Bought by
Vasquez Timothy and Hanft Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.67%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 9, 2004
Sold by
Sprague Neil C and Sprague Arlis M
Bought by
Sprague Neil C

Purchase Details

Closed on
Oct 1, 1989
Bought by
Sprague Neil and Sprague Arlis M
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
Glidden Brittani $525,000 First American Title
Topgun Investment Management L $405,000 First American Title
Madding David -- Security Title
Brown Bruce $181,000 None Available
Us Bank Na -- None Available
Shaw Jesse $250,000 Title America
Vasquez Timothy -- Security Title
Sprague Neil C -- --
Sprague Neil $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glidden Brittani $393,750
Closed Alhasoon Gorgy $393,750
Previous Owner Topgun Investment Management L $405,000
Previous Owner Madding David $126,000
Previous Owner Madding David $127,000
Previous Owner Brown Bruce $135,750
Previous Owner Shaw Jesse $25,000
Previous Owner Shaw Jesse $225,000
Previous Owner Vasquez Timothy $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Off Market $525,000 -- --
04/28/2022 04/28/22 Sold $525,000 0.0% $210 / Sq Ft
03/21/2022 03/21/22 For Sale $525,000 0.0% $210 / Sq Ft
03/21/2022 03/21/22 Off Market $525,000 -- --
03/18/2022 03/18/22 For Sale $525,000 -- $210 / 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 $2,554 $35,684 $2,144 $33,540
2024 $2,463 $35,684 $2,144 $33,540
2022 $2,449 $30,784 $2,176 $28,608
2021 $2,572 $32,368 $2,288 $30,080
2020 $2,455 $30,881 $2,288 $28,593
2019 $2,414 $30,881 $2,288 $28,593
2018 $1,977 $24,019 $2,304 $21,715
2017 $1,702 $24,019 $2,304 $21,715
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

  • Christina Wilson

    Seller's Agent in 2022

    Christina Wilson

    RE/MAX

    (970) 690-5861

    12 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Non-IRES Agent

    CO_IRES

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Map

Source: IRES MLS

MLS Number: 961057

IRES MLS

APN: 85183-24-016

Colorado Larimer County Loveland 80537

1563 E 8th St, Loveland, CO

This home is located at 1563 E 8th St, Loveland, CO 80537 since 15 March 2022 and is currently estimated at $544,263, approximately $218 per square foot. This property was built in 1972. 1563 E 8th St is a home located in Larimer County with nearby schools including Winona Elementary School, Conrad Ball Middle School, 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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