NOT LISTED FOR SALE

1866 E 16th St Loveland, CO 80538

Estimated Value: $442,820 - $511,000

4 Beds
2 Baths
1,844 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $185,000 $100 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,675/month

17 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • No Interior Steps
  • Eat-In Kitchen
  • Brick Veneer
  • Baseboard Heating

About This Home

As of May 2013

All brick ranch side-by-side duplex. Close to shopping, schools, McKee Medical, parks. Both units rented, each with month-to-month, tenants indicate a desire to stay. Eash unit has its own carport. Storage shed, sprinkler system. A rare investor's opportunity, don't miss it. 24 HOUR NOTICE PRIOR TO SHOWING.

Last Agent to Sell the Property

Mark Steven Goldrich

Group Horsetooth Listed on: 04/11/2013

Last Buyer's Agent

Linda Stenson

Group Centerra

Group Centerra

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1971

Lot Details

  • 6,000 Sq Ft Lot
  • East Facing Home
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Window Treatments
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Monroe Elementary School
  • Ball Middle School
  • Thompson Valley High School

Additional Features

  • No Interior Steps
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0336360

Community Details

Overview

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

Building Details

  • Gross Income $16,140
  • Net Operating Income $11,385

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • 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, Gravel
  • Subdivision Name: McKee Meadows
  • Directions: From intersection of Highway 34 & North Boise Avenue - North to 16th, 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: 1844
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Accessibility Features: Level Lot, No Stairs
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: East
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Loveland
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: District Water, Loveland
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Monroe
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Ball (Conrad)

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 6000
  • Parcel #: R0336360
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16140

Tax Info

  • Tax Annual Amount: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2017
Sold by
Dozier Matthew J
Bought by
Dozier Real Estate Enterprises Inc
Current Estimated Value
$478,205

Purchase Details

Listed on
Apr 11, 2013
Closed on
May 28, 2013
Sold by
Washburn Thomas S and Washburn Danette D
Bought by
Dozier Matthew J
Seller's Agent
Mark Steven Goldrich
Group Horsetooth
Buyer's Agent
Linda Stenson
Group Centerra
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$148,000
Outstanding Balance
$108,178
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$370,027

Purchase Details

Closed on
Dec 29, 2011
Sold by
Godbey Jerry L and Godbey Sandra E
Bought by
Washburn Thomas S and Washburn Danette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2001
Sold by
Tomlinson Dennis O
Bought by
Godbey Jerry L and Godbey Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.6%

Purchase Details

Closed on
Feb 1, 2001
Sold by
Cooper Butta Lorraine M
Bought by
Tomlinson Dennis O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
6.12%

Purchase Details

Closed on
Oct 1, 1993
Sold by
Brown Margaret M
Bought by
Cooper-Butta Lorraine M

Purchase Details

Closed on
Dec 1, 1992
Sold by
Anderson Keith E
Bought by
Brown Margaret M
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 Buyer Sale Price Title Company
Dozier Real Estate Enterprises Inc -- None Available
Dozier Matthew J $185,000 Tggt
Washburn Thomas S $168,000 North American Title
Godbey Jerry L $175,500 Security Title
Tomlinson Dennis O $148,000 --
Cooper-Butta Lorraine M $86,600 --
Brown Margaret M $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dozier Matthew J $148,000
Previous Owner Washburn Thomas S $126,000
Previous Owner Godbey Jerry L $123,000
Previous Owner Tomlinson Dennis O $118,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $185,000 -- --
05/28/2013 05/28/13 Sold $185,000 -2.1% $100 / Sq Ft
04/28/2013 04/28/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $189,000 -- $102 / Sq Ft
Source: IRES MLS

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 $2,242 $27,588 $7,813 $19,775
2024 $2,162 $31,778 $8,375 $23,403
2022 $1,986 $24,963 $6,392 $18,571
2021 $2,086 $26,248 $6,721 $19,527
2020 $1,989 $25,018 $6,721 $18,297
2019 $1,956 $25,018 $6,721 $18,297
2018 $1,487 $18,065 $4,320 $13,745
2017 $1,280 $18,065 $4,320 $13,745
2016 $1,145 $15,617 $2,945 $12,672
2015 $1,136 $15,620 $2,950 $12,670
2014 $1,009 $13,420 $2,950 $10,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE704536

IRES MLS

APN: 85073-15-010