$420,000
SOLD NOV 20, 2025

1615 E 16th St Loveland, CO 80538

4 Beds
2 Baths
1,800 Sq Ft
6,600 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

15% Below List Price

26 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Patio
  • Eat-In Kitchen
  • Cooling System Mounted To A Wall/Window
  • Landscaped with Trees

About This Home

As of November 2025

First time on the market! This charming all brick duplex features 2 bedrooms and 1 bathroom in each unit, each with its own attached one-car garage. Centrally located in Loveland off Hwy 34, it offers easy access to downtown, I-25 and the mountains. These units have a ton of potential and are priced accordingly, making them perfect for investors or owner-occupants alike. Both units enjoy private backyards with tall privacy fences, providing the opportunity to enjoy the beautiful Colorado outdoors. With a great location and functional layout, this property is a smart opportunity in a highly desirable area.

Last Agent to Sell the Property

Roni Froelich

Group Harmony Listed on: 09/25/2025

Group Harmony

Co-Listed By

Allison Baca

Group Centerra

Last Buyer's Agent

Nick Bowman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,325

Year Built

  • Built in 1972

Lot Details

  • 6,600 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Primary bathroom on main floor

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

  • Peakview Academy At Conrad Ball Elementary And Middle School
  • Mountain View High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,900
  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0336254

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mckee Meadows Subdivision

Building Details

  • Gross Income $34,200
  • Net Operating Income $25,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,325

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Inclusions: Electric Range/Oven,Dishwasher,Refrigerator,Garage Door Opener,Smoke Alarm(s)
  • Year Built: 1972
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 8GRPC
  • Subdivision Name: Mckee Meadows
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1800
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 4
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Gutters, Lawn Sprinkler System, Level, Within City Limits
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Wall/Window Unit(s)
  • Electric: Electric, Separate Meter Electricity, City of LVLD
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Peakview Academy at Conrad Ball
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Peakview Academy at Conrad Ball

Lot Info

  • Zoning: R3E
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6600
  • Parcel #: R0336254
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2325

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34200
  • Income Includes: ["Lease/Rents"]
  • Total Actual Rent: 2900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2025
Closed on
Nov 20, 2025
Sold by
Jessen Scott and Roza Sandra
Bought by
Bowman Sharon and Bowman Nicholas
Seller's Agent
Roni Froelich
Group Harmony
Buyer's Agent
Nick Bowman
List Price
$495,000
Sold Price
$420,000
Premium/Discount to List
-$75,000
-15.15%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
129.17%
Original Mortgage
$315,000
Outstanding Balance
$315,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$160,634

Purchase Details

Closed on
Sep 1, 1992
Sold by
Mooney Rose Mary
Bought by
Jessen Kenneth H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Special Warranty Deed $420,000 Fidelity National Title
Warranty Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 Sold $420,000 -6.7% $233 / Sq Ft
10/21/2025 10/21/25 Price Changed $450,000 -9.1% $250 / Sq Ft
09/25/2025 09/25/25 For Sale $495,000 -- $275 / 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 $2,326 $32,823 $8,375 $24,448
2024 $2,243 $32,823 $8,375 $24,448
2022 $2,060 $25,888 $6,392 $19,496
2021 $2,163 $27,220 $6,721 $20,499
2020 $2,105 $26,469 $6,721 $19,748
2019 $2,069 $26,469 $6,721 $19,748
2018 $1,585 $19,260 $4,320 $14,940
2017 $1,365 $19,260 $4,320 $14,940
2016 $1,168 $15,928 $2,945 $12,983
2015 $1,159 $15,930 $2,950 $12,980
2014 $1,115 $14,830 $2,950 $11,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE1044482

IRES MLS

APN: 85073-14-020