NOT LISTED FOR SALE

1622 W 15th St Unit 24 Loveland, CO 80538

Estimated Value: $434,848 - $557,000

4 Beds
2 Baths
1,696 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $417,100 $246 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,737/month

4 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Partially Fenced Property
  • Eat-In Kitchen
  • Forced Air Heating System
  • Level Lot

About This Home

As of June 2021

INVESTMENT ALERT, Cash Flowing & Easy to Rent, this one will give you a great return. Units are CLEAN & Well- Maintained: New Roof 2020, Water Heaters 2019, Vinyl Double Pane Windows 2014, PET FREE! Never sits empty as each side features 2 BR/1 BA, washer and dryer hookups, attached patio porches with sliding doors, separate gas & electric meters & shared back yard shed! Rear Unit has a fenced backyard. Units Mirror each other with living room and kitchen in middle. There is alley parking and there is a generous driveway in front. Tenants cover gas, electric & trash. Landlord covers water/sewer. Leases expire 7/31/2021.

Last Agent to Sell the Property

Katie Beamon

Home Love Colorado Listed on: 05/13/2021

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,663

Year Built

  • Built in 1961

Lot Details

  • 6,971 Sq Ft Lot
  • Property fronts an alley
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

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

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Van Buren Elementary School
  • Clark Middle School
  • Loveland High School

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0368890

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sprenger Subdivision

Building Details

  • Gross Income $23,160
  • Net Operating Income $20,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,663

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Sprenger
  • Directions: Hwy. 34 (Eisenhower) West from 287 to Van Buren, North to 15th, East to property
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1696
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Some Appliances, Disposal
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, City of Lvld
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, PSC

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Van Buren
  • HighSchool: Loveland
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Clark (Walt)

Lot Info

  • Zoning: R1E
  • Lot Size Sq Ft: 6971
  • Parcel #: R0368890
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1663

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23160
  • Annual Operating Expense: 2572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 15, 2021
Sold by
Bender Landa Sue and Haire Marcy F
Bought by
Kounovsky Kyle
Seller's Agent
Katie Beamon
Home Love Colorado
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$399,000
Sold Price
$417,100
Premium/Discount to List
$18,100
4.54%
Current Estimated Value
$484,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,862
Avg. Annual Appreciation
3.53%
Original Mortgage
$350,000
Outstanding Balance
$321,419
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,543

Purchase Details

Closed on
Jul 2, 2015
Sold by
The Maws Llc
Bought by
Bender Landa Sue and Haire Marcy F

Purchase Details

Closed on
Mar 14, 2002
Sold by
Bender Landa Sue and Haire Marcy F
Bought by
The Maws Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
6.87%

Purchase Details

Closed on
Apr 1, 1994
Sold by
Gilstrap Barbara G
Bought by
Lampe Thelma J
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
Kounovsky Kyle $417,100 Guardian Title
Bender Landa Sue -- None Available
The Maws Llc -- --
Bender Landa Sue $179,900 Chicago Title Co
Lampe Thelma J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kounovsky Kyle $350,000
Previous Owner Bender Landa Sue $143,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $417,100 +4.5% $246 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $399,000 -- $235 / 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 $2,070 $29,621 $3,015 $26,606
2024 $1,996 $29,621 $3,015 $26,606
2022 $1,698 $21,338 $3,060 $18,278
2021 $1,783 $22,437 $3,218 $19,219
2020 $1,663 $20,914 $3,218 $17,696
2019 $1,635 $20,914 $3,218 $17,696
2018 $1,491 $18,115 $3,240 $14,875
2017 $1,284 $18,115 $3,240 $14,875
2016 $1,139 $15,530 $3,582 $11,948
2015 $1,130 $15,530 $3,580 $11,950
2014 $968 $12,870 $3,580 $9,290
Source: Public Records

Agents Affiliated with this Home

  • Katie Beamon

    Seller's Agent in 2021

    Katie Beamon

    Home Love Colorado

    (970) 744-8994

    16 in this area

    117 Total Sales

    Katie Beamon
    Section Image

  • N

    Buyer's Agent in 2021

    Non-IRES Agent

    CO_IRES

See All Agents

Map

Source: IRES MLS

MLS Number: 940188

IRES MLS

APN: 95104-37-005

Colorado Larimer County Loveland 80538

1622 W 15th St Unit 24, Loveland, CO

This home is located at 1622 W 15th St Unit 24, Loveland, CO 80538 since 13 May 2021 and is currently estimated at $484,962, approximately $285 per square foot. This property was built in 1961. 1622 W 15th St Unit 24 is a home located in Larimer County with nearby schools including Van Buren Elementary School, Bill Reed Middle School, and Loveland 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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