$1,500,000
SOLD JUL 10, 2025

2005 Frances Dr Loveland, CO 80537

5 Beds
3.5 Baths
4,047 Sq Ft
0.82 Acres

Recently Sold

$371 Per Sq Ft

6% Below List Price

38 Days on Market

Highlights

  • Lake Front
  • Spa
  • Wood Flooring
  • Parking available for a boat
  • Deck
  • Sun or Florida Room

About This Home

As of July 2025

ONE OF A KIND private waterfront retreat seamlessly blending with its natural surroundings to include your own boat dock and absolutely breathtaking panoramic mountain views captured by expansive windows and huge decking along most of the back of the home...motorized water sports allowed to include water skiing, wakeboarding and tubing...updated with high quality modern interior finishes this oasis epitomizes the luxurious Colorado lifestyle...the floor plan design accommodates both relaxation and entertaining...the primary suite connects to a glass enclosed sunroom and primary spa-like bath boasting large walk-in shower and freestanding tub - a sophisticated sanctuary like no other...the stone coated metal roof has a 50-year warranty and is almost indestructible...HVAC systems are almost new...most windows have been replaced...extra insulation has been added...electric panels have been upgraded...a low annual HOA only applies for lake usage if so desired...tons of parking available...

Last Agent to Sell the Property

Claudia Banza

Homes of Colorado LLC Listed on: 03/22/2025

Last Buyer's Agent

Michael Jensen

Fort Collins Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,829

Year Built

  • Built in 1968

Lot Details

  • 0.82 Acre Lot
  • Lake Front
  • River Front
  • Partially Fenced Property
  • Sprinkler System
  • Property is zoned FA

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking available for a boat

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 4,047 Sq Ft Home
  • 5 Levels or More
  • Partially Furnished
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Sun or Florida Room
  • Water Views
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Down Draft Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Spa Bath

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Access To Lake
  • River Nearby
  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

  • Humidity Control
  • Forced Air Heating System
  • Heat Pump System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Lakeside Terrace Add Subdivision
  • 5-Story Property

Listing and Financial Details

  • Assessor Parcel Number R0452521

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,829

Year Built

Built in 1968

Lot Details

0

Parking

3

Listing Details

  • Inclusions: Window Coverings,Gas Range/Oven,Down-draft Range,Self-Cleaning Oven,Double Oven,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer,Jetted Bath Tub,Laundry Tub,Garage Door Opener,Some Furniture,Disposal,Smoke Alarm(s)
  • Year Built: 1968
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.82
  • Subdivision Name: Lakeside Terrace Add
  • Directions: S Taft Ave (S) to Frances Dr (W) - take a slight left and then the property is on your right
  • Above Grade Finished Sq Ft: 3365
  • Garage Yn: Yes
  • Unit Levels: Five+ Levels
  • New Construction: No
  • Efficiency: HVAC, Thermostat
  • Building Stories: 5
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4047
  • Special Features: None
  • Stories: 5

Interior Features

  • Furnished: Partially
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Gas Range/Oven, Down Draft, Self Cleaning Oven, Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 682
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Walk-In Closet(s), Sunroom
  • Living Area: 4047
  • Main Level Bathrooms: 2
  • Window Features: Window Coverings, Sunroom
  • Room Bedroom4 Area: 169
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Upper
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 170
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 180
  • Room Bedroom3 Level: Upper
  • Master Bedroom Master Bedroom Width: 13
  • Room Family Room Area: 308
  • Room Bedroom2 Features: Wood Floor
  • Master Bedroom Features: Carpet
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Luxury Vinyl Floor
  • Room Bedroom5 Area: 90
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 460
  • Family Room Features: Carpet
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 240
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 182
  • Room Dining Room Area: 196
  • Master Bathroom Features: Luxury Features Primary Bath, 5 Piece Primary Bath

Exterior Features

  • Roof: Metal
  • Fencing: Partial
  • Lot Features: Lawn Sprinkler System, Lake Access, Lake Front, Waterfront
  • View: Foothills View, Water
  • View: Yes
  • Waterfront Features: Abuts Pond/Lake, Lake Front
  • Waterfront: Yes
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, RV/Boat Parking, Heated Garage, Oversized
  • IRESDS_Garage Sq Ft: 714
  • IRESDS_GarageType: Attached

Utilities

  • Electric: Electric
  • Heating: Forced Air, Heat Pump, 2 or more Heat Sources, Humidity Control
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Sink
  • 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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: FA
  • Lot Size Sq Ft: 35679
  • Parcel #: R0452521
  • Irrigation Water Rights: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5829

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2025
Closed on
Jul 10, 2025
Sold by
Banza Claudia
Bought by
Jensen Michael Lloyd
Seller's Agent
Claudia Banza
Homes of Colorado LLC
Buyer's Agent
Michael Jensen
Fort Collins Real Estate, LLC
List Price
$1,598,900
Sold Price
$1,500,000
Premium/Discount to List
-$98,900
-6.19%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.45%
Original Mortgage
$1,323,270
Outstanding Balance
$1,323,270
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$228,554

Purchase Details

Listed on
Oct 21, 2022
Closed on
Mar 21, 2023
Sold by
Schuh Justin
Bought by
Banza Claudia
Seller's Agent
Laura Gippert
RE/MAX Alliance-FTC Dwtn
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$1,550,000
Sold Price
$1,450,000
Premium/Discount to List
-$100,000
-6.45%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%
Original Mortgage
$1,323,270
Interest Rate
6.12%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2017
Sold by
Christopher J Gebhardt
Bought by
Schuh Justin and Schuh Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.9%

Purchase Details

Listed on
Mar 4, 2017
Closed on
Mar 30, 2017
Sold by
Gebhardt Christopher J and Gebhardt Suzette N
Bought by
Schuh Justin and Schuh Rebecca
Seller's Agent
Leah Ludwick
Group Centerra
Buyer's Agent
Laura Gippert
RE/MAX Alliance-FTC Dwtn
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
Jun 28, 2010
Sold by
William E Anderson & Linda F Anderson Tr
Bought by
Gebhardt Christopher J and Gebhardt Suzette N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2006
Sold by
Anderson Linda F
Bought by
William E Anderson & Linda F Anderson Tr
Source: Public Records

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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
Warranty Deed $1,500,000 Land Title Guarantee
Warranty Deed $1,450,000 --
Deed $725,000 --
Warranty Deed $725,000 North American Title
Warranty Deed $390,000 Tggt
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,323,270 New Conventional
Closed $1,323,270 New Conventional
Previous Owner $1,323,270 VA
Previous Owner $424,100 No Value Available
Previous Owner -- No Value Available
Previous Owner $424,100 New Conventional
Previous Owner $304,000 New Conventional
Previous Owner $306,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $1,500,000 -4.8% $371 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/10/2025 04/10/25 Price Changed $1,575,000 -1.5% $389 / Sq Ft
03/22/2025 03/22/25 For Sale $1,598,900 +10.3% $395 / Sq Ft
03/22/2023 03/22/23 Sold $1,450,000 -6.5% $358 / Sq Ft
10/21/2022 10/21/22 For Sale $1,550,000 +113.8% $383 / Sq Ft
01/28/2019 01/28/19 Off Market $725,000 -- --
03/30/2017 03/30/17 Sold $725,000 0.0% $195 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
03/04/2017 03/04/17 For Sale $725,000 -- $195 / 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 $5,829 $76,722 $3,551 $73,171
2024 $4,759 $65,519 $3,551 $61,968
2022 $3,909 $49,130 $3,684 $45,446
2021 $4,017 $50,544 $3,790 $46,754
2020 $3,937 $49,521 $3,790 $45,731
2019 $3,871 $49,521 $3,790 $45,731
2018 $3,688 $44,813 $3,816 $40,997
2017 $3,176 $44,813 $3,816 $40,997
2016 $2,741 $37,372 $4,219 $33,153
2015 $2,718 $37,370 $4,220 $33,150
2014 $2,500 $33,250 $3,340 $29,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1029148

IRES MLS

APN: 95271-05-008