NOT LISTED FOR SALE

2307 N Taft Ave Loveland, CO 80538

Estimated Value: $582,000 - $644,000

6 Beds
4 Baths
2,842 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $580,000 $204 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,419/month

75 Days on Market

Highlights

  • Water Views
  • Balcony
  • Baseboard Heating
  • No HOA
  • Patio
  • Fenced

About This Home

As of January 2024

Owners have spent over $50K in repairs, repairs include New driveways, new sewer lines, lots of electrical, radon mitigation on North Unit and new roof decks over looking Lake Loveland.3 bed 1 1/2 bath duplex with 1 car garage with unobstructed views of Lake Loveland. Main floor features roomy living room with cozy fireplace, 1/2 bath, kitchen and laundry. Upstairs has 3 bedrooms and full bath. Fenced back yard.Potential Rental Income 3400.

Last Agent to Sell the Property

Megan Wachtman

Group Loveland Listed on: 11/16/2023

Group Loveland

Last Buyer's Agent

Alejandro Serrano

Pro Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,447

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Fenced

Home Design

  • Wood Frame Construction
  • Rubber Roof

Interior Spaces

  • 2,842 Sq Ft Home
  • 2-Story Property
  • Circulating Fireplace
  • Window Treatments
  • Water Views
  • Partial Basement
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, sewer
  • Assessor Parcel Number R0356581

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cherry Hills Subdivision

Building Details

  • Gross Income $3,060
  • Net Operating Income $613

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,447

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: CHERRY HILLS
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2842
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Partial
  • Total Bedrooms: 6
  • Fireplace Features: Circulating
  • Fireplace: Yes
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Fencing: Fenced
  • View: Water
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: Baseboard
  • Utilities: Natural Gas Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: res
  • Lot Size Sq Ft: 10890
  • Parcel #: R0356581
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Sewer

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2447

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 3060
  • Annual Operating Expense: 2447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 30, 2024
Sold by
2307-2309 N Taft Avenue Llc
Bought by
B And J Investments Llc
Seller's Agent
Megan Wachtman
Group Loveland
Buyer's Agent
Alejandro Serrano
Pro Realty Inc
List Price
$600,000
Sold Price
$580,000
Premium/Discount to List
-$20,000
-3.33%
Views
185
Current Estimated Value
$606,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,874
Avg. Annual Appreciation
2.64%
Original Mortgage
$385,000
Outstanding Balance
$339,614
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$267,260

Purchase Details

Closed on
Feb 14, 2013
Sold by
Shreck Marilou J
Bought by
2307 2309 N Taft Avenue Llc

Purchase Details

Closed on
Jul 17, 1998
Sold by
Feraco Sydney Ann
Bought by
Shreck Gene F and Shreck Marilou J
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
B And J Investments Llc $580,000 None Listed On Document
2307 2309 N Taft Avenue Llc -- None Available
Shreck Gene F $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B And J Investments Llc $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2024 01/30/24 Sold $580,000 -3.3% $204 / Sq Ft
11/16/2023 11/16/23 For Sale $600,000 -- $211 / 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 $2,847 $39,363 $3,350 $36,013
2024 $2,746 $39,363 $3,350 $36,013
2022 $2,447 $30,750 $3,400 $27,350
2021 $2,570 $32,332 $3,575 $28,757
2020 $2,202 $27,692 $3,575 $24,117
2019 $2,165 $27,692 $3,575 $24,117
2018 $2,023 $24,581 $3,600 $20,981
2017 $1,742 $24,581 $3,600 $20,981
2016 $1,639 $22,344 $3,980 $18,364
2015 $1,625 $22,340 $3,980 $18,360
2014 $1,505 $20,010 $3,980 $16,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 999698

IRES MLS

APN: 95101-11-004