$560,000
SOLD OCT 11, 2024

2216 Bismarck Ct Loveland, CO 80538

4 Beds
2 Baths
1,810 Sq Ft
9,027 Sq Ft Lot

Recently Sold

$309 Per Sq Ft

3% Below List Price

58 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Ceiling Fan
  • Brick Veneer
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of October 2024

Come take a look at this remodeled duplex in the highly sought after Larkin neighborhood near seven lakes! New windows added since last being listed. There are so many options to create revenue on this beauty! Buy it as a primary and rent out the other side, STR or longterm rent the whole duplex! With this turnkey duplex you can't go wrong. Both units have updated bathrooms, updated kitchens, new appliances, updated fixtures, gutters, exterior and interior paint! You have room for storage in both attached garages! Check it out while it lasts!

Last Agent to Sell the Property

Collin Rue

C3 Real Estate Solutions, LLC Listed on: 08/14/2024

C3 Real Estate Solutions, LLC

Last Buyer's Agent

Tom Livingston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 1979

Lot Details

  • 9,027 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence

Home Design

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

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Ball Middle School
  • Mountain View High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water
  • Assessor Parcel Number R0706051

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Larkin S Subdivision

Building Details

  • Gross Income $39,600
  • Net Operating Income $34,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,440

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Larkin S
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1810
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Satellite Avail, High Speed Internet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Fenced, Wood
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Public
  • Gas Company: Natural Gas

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: Other
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Ball (Conrad)

Lot Info

  • Zoning: R2
  • Lot Size Sq Ft: 9027
  • Parcel #: R0706051
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2440

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39600
  • Annual Operating Expense: 4940

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 11, 2024
Sold by
Rue Brothers Investments Llc
Bought by
Sherpa Pasang and Sherpa Ang Tshering
Seller's Agent
Collin Rue
C3 Real Estate Solutions, LLC
Buyer's Agent
Tom Livingston
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Views
14
Current Estimated Value
$566,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,717
Avg. Annual Appreciation
0.70%
Original Mortgage
$572,040
Outstanding Balance
$568,803
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
-$5,517

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 25, 2024
Sold by
Progressive Re Investments Llc
Bought by
Rue Brothers Investments Llc
Seller's Agent
Thomas Glanville
Keller Williams-Preferred Rlty
Buyer's Agent
Jody Gilloth
Keller Williams-Preferred Rlty
List Price
$549,900
Sold Price
$405,000
Premium/Discount to List
-$144,900
-26.35%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.47%
Original Mortgage
$355,000
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

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

Purchase Details

Closed on
Jul 1, 1986
Bought by
Bushanam G Siva
Source: Public Records

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Range of Values:

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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
Special Warranty Deed $560,000 None Listed On Document
Special Warranty Deed $425,000 Land Title
Personal Reps Deed $405,000 None Listed On Document
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $572,040 VA
Previous Owner $355,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $560,000 -1.8% $309 / Sq Ft
08/29/2024 08/29/24 Price Changed $570,000 -0.9% $315 / Sq Ft
08/14/2024 08/14/24 For Sale $575,000 +42.0% $318 / Sq Ft
04/30/2024 04/30/24 Sold $405,000 -26.4% $224 / Sq Ft
02/27/2024 02/27/24 For Sale $549,900 -- $304 / 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 $2,530 $35,383 $2,104 $33,279
2024 $2,440 $35,383 $2,104 $33,279
2022 $2,150 $27,023 $2,135 $24,888
2021 $2,258 $28,414 $2,245 $26,169
2020 $2,135 $26,848 $2,245 $24,603
2019 $2,099 $26,848 $2,245 $24,603
2018 $1,707 $20,736 $2,261 $18,475
2017 $1,470 $20,736 $2,261 $18,475
2016 $1,366 $18,626 $2,499 $16,127
2015 $1,355 $18,630 $2,500 $16,130
2014 $1,194 $15,880 $2,500 $13,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1016493

IRES MLS

APN: 85072-10-057