$520,000

3102 Butternut Dr Loveland, CO 80538

Estimated payment $3,078/month

Total Views 272
4 Beds
2 Baths
2,594 Sq Ft
$200 Price per Sq Ft

Highlights

  • City View
  • Wooded Lot
  • Brick Veneer
  • Deck
  • No HOA
  • Patio

About This Home

Duplex property on half acre lot, R3E zoning, and no HOA. Great location for easy access to all of Northern Colorado. Live in part and rent out other unit or rent out both sides. Lots of flexibility and tons of potential. This tri-level home was turned into a duplex prior to current owner purchasing the property. Each side has separate heating and cooling sources. The smaller unit is currently rented. The tenant would like to stay, if possible. Currently, both garages are for unit 3102 only. Furnace and a/c in 3104 replaced in 2024. Furnace and a/c in 3102 replaced in 2016. Garage doors were replaced in the last 10 years. Roof replaced in 2016. Windows replaced sometime after roof. Exterior painted about 3 yrs ago. First American home warranty being provided.

Listing Agent

Matthew Dozier

Group Loveland Listed on: 08/21/2025

Group Loveland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,939

Year Built

  • Built in 1964

Lot Details

  • 0.53 Acre Lot
  • Northwest Facing Home
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 2,594 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Dining Room
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Outbuilding

Schools

  • Lincoln Elementary School
  • Erwin Middle School
  • Loveland High School

Additional Features

  • Grass Field
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0351849

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sunset Acres Subdivision

Building Details

  • Gross Income $42,180
  • Net Operating Income $32,341

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,939

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Inclusions: Window Coverings,Electric Range/Oven,Gas Range/Oven,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer,Garage Door Opener,Smoke Alarm(s)
  • Year Built: 1964
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.53
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Sunset Acres
  • Directions: From 29th and Taft, head east towards Loveland High School. Turn left onto Sheridan Ave. Right onto Butternut Dr. 3102 on the right.
  • Unit Levels: Tri-Level
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2594
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Partial, Partially Finished, Crawl Space, Sump Pump
  • Total Bedrooms: 4
  • Interior Amenities: Separate Dining Room, Stain/Natural Trim
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Wooded, Level, Within City Limits
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Wood Siding
  • Direction Faces: Northwest
  • Other Structures: Storage, Outbuildings
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Electric: Electric, Cty of Loveland
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • 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, Xcel Energy

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: Lincoln
  • HighSchool: Loveland
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Erwin, Lucile

Lot Info

  • Zoning: R3E
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 22902
  • Parcel #: R0351849
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2939

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 42180
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 9839
  • Total Actual Rent: 700

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,939 $40,508 $3,015 $37,493
2024 $2,834 $40,508 $3,015 $37,493
2022 $2,334 $29,335 $3,060 $26,275
2021 $2,452 $30,846 $3,218 $27,628
2020 $1,798 $22,616 $3,218 $19,398
2019 $1,768 $22,616 $3,218 $19,398
2018 $1,566 $19,030 $3,240 $15,790
2017 $1,349 $19,030 $3,240 $15,790
2016 $1,348 $18,380 $3,582 $14,798
2015 $1,337 $18,380 $3,580 $14,800
2014 $1,138 $15,130 $3,580 $11,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $520,000 -- $200 / Sq Ft
Source: IRES MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $84,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $422,100 New Conventional
Closed $67,000 Unknown
Closed $50,000 Credit Line Revolving
Closed $65,000 Unknown
Source: Public Records

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Source: IRES MLS

MLS Number: 1042069

IRES MLS

APN: 95024-14-013