NOT LISTED FOR SALE

3118 Butternut Dr Loveland, CO 80538

Estimated Value: $496,486 - $548,000

4 Beds
3 Baths
1,847 Sq Ft
$285/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $500,500 $271 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,972/month

4 Days on Market

Highlights

  • No HOA
  • Air Conditioning
  • Forced Air Heating System
  • Brick Veneer
  • Patio
  • Ceiling Fan

About This Home

As of October 2021

Desirable side-by-side brick duplex, low maintenance, income property. Each unit with attached garage, extra driveway parking, in-unit laundry, and large private backyards. Unit 3118 - 2 beds, 1 bath, with oversized garage. Unit 3120 - 2 beds, 1.5 baths, with study. Both units tenant occupied with excellent rental history. Great location near shopping, schools, parks, lake loveland. Will make an excellent investment property or good candidate for owner occupant too.

Last Agent to Sell the Property

Julian Kirschenbaum

Compass - Boulder Listed on: 10/07/2021

Compass - Boulder

Last Buyer's Agent

Brittany Culp

Real Estate Connections, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1966

Lot Details

  • 0.33 Acre Lot
  • West Facing Home
  • Fenced
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,847 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0351792

Community Details

Overview

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

Building Details

  • Gross Income $28,200
  • Net Operating Income $24,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,936

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Year Built: 1966
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.33
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Sunset Acres
  • Directions: From 287 and E 29th, west on E 29th, north on Sheridan, east on Butternut
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1847
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Accessibility Features: Level Lot, Level Drive
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Level
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner, Ceiling Fan(s)
  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: R3e
  • Lot Size Sq Ft: 14375
  • Parcel #: R0351792
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1936

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28200
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Nov 21, 2017
Sold by
Conklin Carol B
Bought by
Landaiche Barry P and Landaiche Melody A
Seller's Agent
Kathy Arents
Group Mulberry
Buyer's Agent
David Burns
Global Real Estate Network
List Price
$350,000
Sold Price
$378,000
Premium/Discount to List
$28,000
8%
Current Estimated Value
$526,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,622
Avg. Annual Appreciation
4.26%
Original Mortgage
$31,000
Outstanding Balance
$26,018
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
$500,604

Purchase Details

Closed on
Jan 8, 2014
Sold by
Conklin Carol B
Bought by
Conklin Carol B

Purchase Details

Closed on
Jul 1, 1985
Bought by
Henriksen Myrtle
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Landaiche Barry P $378,000 The Group Guaranteed Title
Conklin Carol B -- None Available
Henriksen Myrtle $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landaiche Barry P $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2022 01/19/22 Off Market $500,500 -- --
10/21/2021 10/21/21 Sold $500,500 +0.1% $271 / Sq Ft
10/07/2021 10/07/21 For Sale $500,000 +32.3% $271 / Sq Ft
01/28/2019 01/28/19 Off Market $378,000 -- --
11/21/2017 11/21/17 Sold $378,000 +8.0% $205 / Sq Ft View Prior Sale
10/31/2017 10/31/17 For Sale $350,000 -- $189 / 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 $2,590 $36,140 $3,015 $33,125
2024 $2,498 $36,140 $3,015 $33,125
2022 $2,157 $27,112 $3,060 $24,052
2021 $2,266 $28,508 $3,218 $25,290
2020 $1,936 $24,353 $3,218 $21,135
2019 $1,904 $24,353 $3,218 $21,135
2018 $1,607 $19,526 $3,240 $16,286
2017 $1,475 $20,815 $3,240 $17,575
2016 $1,450 $19,765 $3,582 $16,183
2015 $1,438 $19,760 $3,580 $16,180
2014 $1,206 $16,040 $3,580 $12,460
Source: Public Records

Agents Affiliated with this Home

  • Julian Kirschenbaum

    Seller's Agent in 2021

    Julian Kirschenbaum

    Compass - Boulder

    (720) 722-0221

    3 in this area

    64 Total Sales

    Julian Kirschenbaum
    Section Image
  • Brittany Culp

    Buyer's Agent in 2021

    Brittany Culp

    Real Estate Connections, Inc

    (970) 888-4326

    2 in this area

    42 Total Sales

    Brittany Culp
    Section Image
  • Kathy Arents

    Seller's Agent in 2017

    Kathy Arents

    Group Mulberry

    (970) 222-1784

    15 in this area

    159 Total Sales

    Kathy Arents
    Section Image

  • D

    Buyer's Agent in 2017

    David Burns

    Global Real Estate Network

    Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 952676

IRES MLS

APN: 95024-14-009

Colorado Larimer County Loveland 80538

3118 Butternut 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.

Nearby Homes