NOT LISTED FOR SALE

249 Reservoir Dr Loveland, CO 80537

Estimated Value: $137,029 - $308,000

2.08 Acres
$98,200 Price per Acre
90,605 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $125,000

Est. 63% increase in value since last sale

Current estimated payment $1,490/month

1,138 Days on Market

Highlights

  • Water Views
  • Horses Allowed On Property
  • Open Space
  • Big Thompson Elementary School Rated A-
  • Mountainous Lot
  • Lot Has A Rolling Slope

About This Lot

As of July 2021

Gorgeous views and privacy. Build your dream home here! Adjacent to 90-acre conservation easement. This is the last lot remaining. No builder restrictions.

Last Agent to Sell the Property

Chad Brent

Group Loveland Listed on: 06/11/2018

Group Loveland

Co-Listed By

Sally Brent

Group Loveland

Last Buyer's Agent

Chad Brent

Group Loveland Listed on: 06/11/2018

Group Loveland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,487

Lot Details

  • 2.08 Acre Lot
  • Open Space
  • Lot Has A Rolling Slope
  • Mountainous Lot

HOA Fees

  • $42 Monthly HOA Fees

Schools

  • Big Thompson Elementary School
  • Clark Middle School
  • Thompson Valley High School

Additional Features

  • Water Views
  • Horses Allowed On Property
  • Septic System

Community Details

  • Association fees include management
  • Pittington Subdivision

Listing and Financial Details

  • Assessor Parcel Number R1643670

Property Details

Property Type

Land

Est. Annual Taxes

$4,487

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Development Status: Approved Subdivided, Covenants, Homeowners' Association
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 2.08
  • Road Frontage Type: Priv Rd up to County Standards
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 8GRPI
  • Subdivision Name: Pittington
  • Directions: HYW 34, West of Wilson, Approx 5 miles, South on CR 29 approx 1 mile, West on 18E approx. 2.5 miles, turn right on Flatiron Mountain Rd & look for Pittington Ranch Sign to the right.
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: No Improvements, Rolling Slope, Abuts Private Open Space, Mountains
  • View: Foothills View, Plains View, Water
  • Waterfront: No

Utilities

  • Electric: Electric, Electricity at Property, PV REA
  • Utilities: Electricity Available
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Senior Community: No
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Big Thompson
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Clark (Walt)

Lot Info

  • Zoning: O
  • Current Use: Horses
  • Lot Size Sq Ft: 90605
  • Parcel #: R1643670
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Mitchell Joshua A and Mitchell Amanda L
Bought by
Hedrick Joseph A and Hedrick Jean M
Current Estimated Value
$204,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$635,822
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$431,565

Purchase Details

Closed on
Jan 25, 2022
Sold by
Francis R Steinke Joint Revocable Trust
Bought by
Mitchell Joshua A and Mitchell Amanda L

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jul 30, 2021
Sold by
Foothills Vista Development Inc
Bought by
Steinke Rodger L and Steinke Joi Francis
Seller's Agent
Chad Brent
Group Loveland
Buyer's Agent
Chad Brent
Group Loveland
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
Oct 8, 2008
Sold by
Foothills Vista Development Inc
Bought by
11 Mj Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hedrick Joseph A $1,250,000 Land Title
Mitchell Joshua A -- First American Title
Steinke Rodger L $125,000 Guaranteed Title Group Llc
11 Mj Llc $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedrick Joseph A $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Off Market $125,000 -- --
07/30/2021 07/30/21 Sold $125,000 -7.4% --
06/07/2019 06/07/19 For Sale $135,000 +8.0% --
06/06/2019 06/06/19 Off Market $125,000 -- --
06/11/2018 06/11/18 For Sale $135,000 -- --
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 $4,487 $51,615 $51,615 --
2024 $4,340 $51,615 $51,615 --
2022 $6 $16 $16 $0
2021 $6 $17 $17 $0
2020 $6 $15 $15 $0
2019 $6 $15 $15 $0
2018 $6 $15 $15 $0
2017 $6 $15 $15 $0
2016 $6 $15 $15 $0
2015 $6 $10 $10 $0
2014 $6 $10 $10 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Brent

    Seller's Agent in 2021

    Chad Brent

    Group Loveland

    (970) 461-7145

    107 Total Sales

    Chad Brent
    Section Image
  • Sally Brent

    Seller Co-Listing Agent in 2021

    Sally Brent

    Group Loveland

    (970) 481-2037

    123 Total Sales

    Sally Brent
    Section Image
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Map

Source: IRES MLS

MLS Number: 853071

IRES MLS

APN: 05282-05-002

Colorado Larimer County Loveland 80537

249 Reservoir Dr, Loveland, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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