NOT LISTED FOR SALE

1575 E 8th St Loveland, CO 80537

Estimated Value: $516,226 - $614,000

6 Beds
3 Baths
2,496 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2022

Last sale price $535,000 $214 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,241 / mo

4 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-Story Property

About This Home

As of April 2022

Great investment opportunity right in the heart of Loveland. This triplex features two bedroom and one bath units. One unit has recently been remodeled with fresh paint throughout, brand new flooring, fixtures, and appliances. All units have washer and dryer hookups and some updates. Additional triplex listed for sale, front facing from property at 1563-1571 8th Street. Showings begin 3/19.

Last Agent to Sell the Property

Christina Wilson

RE/MAX Alliance-Loveland License #100045615 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

  • $2,578

Year Built

  • Built in 1972

Lot Details

  • 7,600

Home Design

  • Property Attached
  • 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
  • Ball Middle School
  • Mountain View High School

Additional Features

  • 7,600 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Assessor Parcel Number R0342084

Community Details

Overview

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

Building Details

  • Gross Income $47,628
  • Net Operating Income $40,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,578

Year Built

Built in 1972

Lot Details

7,600 Sq Ft Lot

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

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • 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: Electric, City of Lovelan
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural 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: 7600
  • Parcel #: R0342084
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2577.57

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 47628

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 28, 2022
Sold by
Bought by
Seller's Agent
Christina Wilson
RE/MAX Alliance-Loveland
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$560,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,307
Avg. Annual Appreciation
1.12%

Purchase Details

Closed on
Dec 10, 2021
Sold by
Bought by

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
3.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 14, 2016
Sold by
Bought by

Purchase Details

Closed on
May 15, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.47%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.67%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 9, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1989
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$35,000 First American Title
$405,000 First American Title
-- None Available
$178,000 None Available
-- None Available
$250,000 None Available
-- Security Title
-- --
$55,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $405,000
Previous Owner $133,500
Previous Owner $225,000
Previous Owner $155,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Off Market $535,000 -- --
04/28/2022 04/28/22 Sold $535,000 0.0% $214 / Sq Ft
03/21/2022 03/21/22 For Sale $535,000 0.0% $214 / Sq Ft
03/21/2022 03/21/22 Off Market $535,000 -- --
03/18/2022 03/18/22 For Sale $535,000 0.0% $214 / Sq Ft
03/18/2022 03/18/22 Price Changed $535,000 -- $214 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,652 $34,275 $2,000 $32,275
2024 $2,558 $36,917 $2,144 $34,773
2022 $2,454 $30,845 $2,176 $28,669
2021 $2,578 $32,432 $2,288 $30,144
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

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Map

Source: IRES MLS

MLS Number: IRE961058

IRES MLS

APN: 85183-24-001

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