NOT LISTED FOR SALE

2112 W Eisenhower Blvd Loveland, CO 80537

Estimated Value: $767,376

3 Beds
3 Baths
3,300 Sq Ft
$233/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $485,000 $147 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,435/month

103 Days on Market

Highlights

  • The property is located in a historic district
  • Mountain View
  • Wood Flooring
  • 0.51 Acre Lot
  • American Four Square Architecture
  • No HOA

About This Home

As of February 2018

Orig brick 4square built for Loveland Christian Orphanage (eligible for Historic Landmark), remodeled in 1965 w/updates since 1977. Currently private 2 BD apartment w/separate entry, living area, ktchn, 3/4 BA & laundry. Addtl 6 BRs share living area, ktchn, 2 BAs & coin laundry(owned & serviced by Dave's Applnce). Live in aprtmnt w/income for 6 units ($2550/month), or all units $3750/mo. Parking avail for all units. Please call me for information regarding history, site plan, etc.

Last Agent to Sell the Property

Maribeth Bergan

Group Centerra Listed on: 10/05/2017

Group Centerra

Last Buyer's Agent

Scott Beasley

Group Mulberry

Group Mulberry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1899

Lot Details

  • 0.51 Acre Lot
  • Property fronts an easement
  • Southern Exposure
  • Fenced
  • Level Lot

Home Design

  • American Four Square Architecture
  • Brick Veneer
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Bedrooms
  • 3,300 Sq Ft Home
  • 2-Story Property
  • Circulating Fireplace
  • Window Treatments
  • Wood Flooring
  • Mountain Views
  • Unfinished Basement
  • Partial Basement

Kitchen

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

Laundry

  • Dryer
  • Washer

Schools

  • Garfield Elementary School
  • Bill Reed Middle School
  • Loveland High School

Utilities

  • Zoned Heating
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number R1284274

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Landmark 2Nd Sub Subdivision

Building Details

  • Gross Income $45,000
  • Net Operating Income $34,101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,158

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Year Built: 1899
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.51
  • Road Frontage Type: Easement
  • Road Surface Type: Asphalt
  • Subdivision Name: Landmark 2nd Sub
  • Directions: W. Eisenhower South on Estrella, South of Perkins parking lot
  • Architectural Style: Foursquare/Denver Square
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3300
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, All Appliances
  • Has Basement: Partial, Unfinished
  • Total Bedrooms: 3
  • Entry Location: Outside Entry
  • Fireplace Features: Circulating
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Shared Kitchen, Shared Baths, Outside Entry
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Level, Historic District
  • View: Mountain(s), Foothills View
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer, Wood Siding
  • Patio And Porch Features: Patio, Enclosed
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City of Lov
  • Heating: Zoned
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: B
  • Lot Size Sq Ft: 22161
  • Parcel #: R1284274
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2158

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 45000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 10899.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Feb 15, 2018
Sold by
Kramer Kelly Neil and Kramer Anne Phillips
Bought by
Rairson Lindsay and Novak Jason
Seller's Agent
Maribeth Bergan
Group Centerra
Buyer's Agent
Scott Beasley
Group Mulberry
List Price
$530,000
Sold Price
$485,000
Premium/Discount to List
-$45,000
-8.49%
Current Estimated Value
$767,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,376
Avg. Annual Appreciation
6.16%
Original Mortgage
$363,750
Outstanding Balance
$307,753
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$459,623

Purchase Details

Closed on
Jan 21, 2004
Sold by
Northern Colorado Water Conservancy Dist
Bought by
Mcwhinney Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,590,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1997
Sold by
Burns Elizabeth C
Bought by
Kramer Kelly Neil and Kramer Phillips

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1992
Sold by
Olhausen Dale D
Bought by
Burns Elizabeth C
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
Rairson Lindsay $485,000 The Group Guaranteed Title
Mcwhinney Property Group Llc $2,500,000 --
Kramer Kelly Neil $210,000 Stewart Title
Burns Elizabeth C $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rairson Lindsay $363,750
Previous Owner Mcwhinney Property Group Llc $1,590,000
Previous Owner Kramer Kelly Neil $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $485,000 -- --
02/15/2018 02/15/18 Sold $485,000 -8.5% $147 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
10/05/2017 10/05/17 For Sale $530,000 -- $161 / 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 $4,922 $73,727 $19,963 $53,764
2024 $4,747 $73,727 $19,963 $53,764
2022 $8,585 $107,887 $27,201 $80,686
2021 $2,627 $33,055 $4,791 $28,264
2020 $2,828 $35,565 $4,791 $30,774
2019 $2,780 $35,565 $4,791 $30,774
2018 $2,507 $30,463 $4,824 $25,639
2017 $2,159 $30,463 $4,824 $25,639
2016 $1,996 $27,215 $5,333 $21,882
2015 $1,980 $27,210 $5,330 $21,880
2014 $1,838 $24,440 $5,330 $19,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 834057

IRES MLS

APN: 95152-27-001