NOT LISTED FOR SALE

1640 Cheyenne Ave Loveland, CO 80538

Estimated Value: $532,000 - $642,000

4 Beds
2 Baths
1,800 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $615,000 $342 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,407/month

92 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Brick Veneer
  • Contemporary Architecture
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Calling all investors and house hackers! Don't miss these two beautifully renovated duplexes in central Loveland. Listed here is 1640-1642 Cheyenne Ave, directly next to it and also for sale is 1636-1638 Cheyenne Ave. Both buildings received full facelifts top to bottom, all new landscaping, new windows, new furnaces, central air conditioning (rare in loveland duplexes), floors, kitchens, baths, the list goes on. These are an excellent opportunity for aspiring landlords who want minimum maintenance for years to come, or house hackers looking for quality construction and modern finishes. These are located just minutes from Loveland High, McKee hospital, The Sculpture park, Lake Loveland, shopping, and much much more. Set up your showing today!

Last Agent to Sell the Property

Taylor Dye

Group Harmony Listed on: 05/07/2024

Group Harmony

Last Buyer's Agent

Taylor Dye

Group Harmony Listed on: 05/07/2024

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,134

Year Built

  • Built in 1974

Lot Details

  • 6,120 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Sprinkler System

Home Design

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

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0336459

Community Details

Overview

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

Building Details

  • Gross Income $45,936
  • Net Operating Income $39,302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,134

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: McKee Meadows
  • Architectural Style: Contemporary/Modern, Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Legal Conforming, Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1800
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Accessibility Features: Main Floor Bath, Main Level Bedroom
  • Has Basement: Crawl Space
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Lawn Sprinkler System, Within City Limits
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: West
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, City of LV
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of LV
  • 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: 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
  • Lot Size Sq Ft: 6120
  • Parcel #: R0336459
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3134

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 45936
  • Annual Operating Expense: 6634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Aug 8, 2024
Sold by
Providence Land Llc
Bought by
Baker Trust and Baker
Seller's Agent
Taylor Dye
Group Harmony
Buyer's Agent
Taylor Dye
Group Harmony
List Price
$618,250
Sold Price
$615,000
Premium/Discount to List
-$3,250
-0.53%
Views
2
Current Estimated Value
$606,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,806
Avg. Annual Appreciation
-1.19%
Original Mortgage
$315,000
Outstanding Balance
$311,429
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$294,765

Purchase Details

Listed on
Feb 17, 2024
Closed on
Mar 21, 2024
Sold by
J-25 Land Holdings Llc
Bought by
Melody Homes Inc
Seller's Agent
Jody Gilloth
Keller Williams-Preferred Rlty
Buyer's Agent
Jody Gilloth
Keller Williams-Preferred Rlty
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
151.89%
Original Mortgage
$412,400
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2024
Closed on
Mar 13, 2024
Sold by
Saffron Enterprises Llc
Bought by
Providence Land Llc
Seller's Agent
Jody Gilloth
Keller Williams-Preferred Rlty
Buyer's Agent
Jody Gilloth
Keller Williams-Preferred Rlty
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,400
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2024
Closed on
Mar 5, 2024
Sold by
Greer Christi Lynn
Bought by
Stover Studios Llc
Seller's Agent
Jody Gilloth
Keller Williams-Preferred Rlty
Buyer's Agent
Jody Gilloth
Keller Williams-Preferred Rlty
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,400
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2019
Sold by
Bushanam Satya V
Bought by
Saffron Enterprises Llc

Purchase Details

Closed on
Jun 16, 2005
Sold by
Bushanam Satya V
Bought by
Bushanam Satya

Purchase Details

Closed on
Mar 1, 1987
Bought by
Bushanam G Siva
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
Baker Trust $615,000 Fntc
Melody Homes Inc -- None Listed On Document
Providence Land Llc $425,000 None Listed On Document
Stover Studios Llc -- None Listed On Document
Wedgewood Condominiums Llc -- None Listed On Document
Saffron Enterprises Llc -- None Available
Bushanam Satya -- --
Bushanam Satya -- --
Bushanam G Siva $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Trust $315,000
Previous Owner Melody Homes Inc $412,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2024 08/07/24 Sold $615,000 -0.5% $342 / Sq Ft
05/07/2024 05/07/24 For Sale $618,250 +45.5% $343 / Sq Ft
03/13/2024 03/13/24 Sold $425,000 -5.5% $236 / Sq Ft View Prior Sale
02/20/2024 02/20/24 For Sale $449,900 0.0% $250 / Sq Ft
02/18/2024 02/18/24 Price Changed $449,900 -- $250 / 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 $2,431 $34,143 $8,375 $25,768
2024 $3,134 $34,143 $8,375 $25,768
2022 $2,138 $26,867 $6,392 $20,475
2021 $2,245 $28,250 $6,721 $21,529
2020 $2,123 $26,705 $6,721 $19,984
2019 $2,088 $26,705 $6,721 $19,984
2018 $1,602 $19,469 $4,320 $15,149
2017 $1,380 $19,469 $4,320 $15,149
2016 $1,185 $16,159 $2,945 $13,214
2015 $1,175 $16,160 $2,950 $13,210
2014 $1,130 $15,030 $2,950 $12,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1013180

IRES MLS

APN: 85073-16-003