NOT LISTED FOR SALE

1721 W 8th St Loveland, CO 80537

Estimated Value: $454,160 - $571,000

4 Beds
2 Baths
1,699 Sq Ft
$305/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $515,000 $303 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,909/month

8 Days on Market

Highlights

  • Corner Lot
  • Brick Veneer
  • Fenced
  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2022

Open House Friday, 1/7/2022 between 11-1. This well maintained all brick duplex sits on a large corner lot centrally located in Loveland. Each side features 2 bedrooms and 1 bathroom. Both sides have A/C and a garage. There is a fully fenced backyard. The month to month tenants are at below market rates providing the opportunity for a new owner to significantly increase cash flow.

Last Agent to Sell the Property

Larry Melton

Realtec Commercial Real Estate Services of Loveland Listed on: 01/04/2022

Realtec Commercial Real Estate Services of Loveland

Last Buyer's Agent

Larry Melton

Realtec Commercial Real Estate Services of Loveland Listed on: 01/04/2022

Realtec Commercial Real Estate Services of Loveland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,107

Year Built

  • Built in 1960

Lot Details

  • 9,362 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Property Attached
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,699 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Garfield Elementary School
  • Bill Reed Middle School
  • Thompson Valley High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas, electricity, trash collection
  • Assessor Parcel Number R0409308

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2175 Romar Subdivision

Building Details

  • Gross Income $27,600
  • Net Operating Income $22,528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,107

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: 2175 - ROMAR
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1699
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Has Basement: None
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, Loveland
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Garfield
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: R3e
  • Lot Size Sq Ft: 9362
  • Parcel #: R0409308
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27600

Tax Info

  • Tax Annual Amount: 2107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Jan 21, 2022
Sold by
Pearson Rentals Llc
Bought by
Schlotthauer Darryl Lee
Seller's Agent
Larry Melton
Realtec Commercial Real Estate Services of Loveland
Buyer's Agent
Larry Melton
Realtec Commercial Real Estate Services of Loveland
List Price
$469,000
Sold Price
$515,000
Premium/Discount to List
$46,000
9.81%
Current Estimated Value
$518,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,790
Avg. Annual Appreciation
0.19%

Purchase Details

Closed on
Aug 18, 1998
Sold by
Pearson Lamoine A
Bought by
Pearson Rentals Llc
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
Schlotthauer Darryl Lee $515,000 None Listed On Document
Pearson Rentals Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2022 05/08/22 Off Market $515,000 -- --
02/01/2022 02/01/22 Off Market $515,000 -- --
01/21/2022 01/21/22 Sold $515,000 +9.8% $303 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $469,000 0.0% $276 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $469,000 -- $276 / 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 $2,312 $32,649 $3,149 $29,500
2024 $2,229 $32,649 $3,149 $29,500
2022 $2,084 $26,194 $3,196 $22,998
2021 $2,189 $27,542 $3,361 $24,181
2020 $2,102 $26,434 $3,361 $23,073
2019 $2,066 $26,434 $3,361 $23,073
2018 $1,749 $21,254 $3,384 $17,870
2017 $1,506 $21,254 $3,384 $17,870
2016 $1,380 $18,809 $3,741 $15,068
2015 $1,368 $19,540 $3,740 $15,800
2014 $1,232 $16,380 $3,740 $12,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 956988

IRES MLS

APN: 95151-16-016