$575,000
SOLD JUL 11, 2025

3144 Madison Ave Loveland, CO 80538

4.75 Acres
$121,053 Price per Acre
206,910 Sq Ft Lot

Recently Sold

21% Below List Price

264 Days on Market

Highlights

  • Horses Allowed On Property
  • 4.75 Acre Lot
  • No HOA
  • Waterfront
  • River Nearby
  • Landscaped with Trees

About This Lot

As of July 2025

Motivated Seller! This is your chance to build a custom waterfront home on acreage right in the middle of town! This rare opportunity on Westerdoll Lake offers stunning views of the Rockies, a central location on private water, with the ability to have your own private dock and water access. The property provides numerous possibilities and is outside the city limits with no HOA! Ideal for building your dream home, there's ample space for outbuildings and horses. The seller has invested $50K in soil reports, foundation preparation, and a pad for a 5,000 SQFT ranch home, as well as surrounding the property with a charming white fence. The historic farm silo is still standing, structurally sound, and could be incorporated into your new build for a modern farmhouse look. Currently zoned RR2 by the county, the property is within an Enterprise Zone. Colorado has established several tax incentives for private enterprises to start new businesses and to expand existing businesses in enterprise zones. There is a shared easement at the north corner of the property for access. City hookups are available for all Utilities.

Last Agent to Sell the Property

Kyle Basnar

Group Mulberry Listed on: 10/04/2024

Group Mulberry

Last Buyer's Agent

Tom Arnstad

Avid Realty Ltd

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $74

Lot Details

  • 4.75 Acre Lot
  • Waterfront
  • Unincorporated Location
  • West Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Wire Fence
  • Level Lot
  • Landscaped with Trees
  • Property is zoned RR2

Property Views

  • Water
  • Mountain

Schools

  • Peakview Academy At Conrad Ball Elementary And Middle School
  • Mountain View High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number R1360990

Community Details

Overview

  • No Home Owners Association
  • Westerdoll Estates Subdivision

Recreation

  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$74

Lot Details

0

Listing Details

  • Development Status: Raw Land
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 4.75
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Westerdoll Estates
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Partial, Wood, Wire
  • Lot Features: Sidewalks, Level, Unincorporated
  • View: Mountain(s), Foothills View, Water
  • View: Yes
  • Waterfront Features: Abuts Pond/Lake
  • Waterfront: Yes
  • Disclosures: No Property Disclosure
  • Home Warranty: No
  • Direction Faces: West

Utilities

  • Sewer: No Water/Sewer
  • Water Source: No Water/Sewer, City of LV

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Peakview Academy at Conrad Ball
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Peakview Academy at Conrad Ball

Lot Info

  • Zoning: RR2
  • Current Use: Horses, Zoning Appropriate for 1 Horse, Zoning Appropriate for 2 Horses, Zoning Appropriate for 3 Horses, Zoning Appropriate for 4+ Horses
  • Lot Size Sq Ft: 206910
  • Parcel #: R1360990
  • Irrigation Water Rights: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 73.53

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Jul 11, 2025
Sold by
Lucky29 Liquors Llc
Bought by
Fourfold Legacy Llc
Seller's Agent
Kyle Basnar
Group Mulberry
Buyer's Agent
Tom Arnstad
Avid Realty Ltd
List Price
$725,000
Sold Price
$575,000
Premium/Discount to List
-$150,000
-20.69%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.52%

Purchase Details

Closed on
Apr 30, 2025
Sold by
Lucky 29 Liquors Corporation and Lucky29 Liquors Llc
Bought by
Lucky29 Liquors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 29, 2021
Closed on
Jan 17, 2023
Sold by
Lewis & Clark Ltd
Bought by
Lucky 29 Liquors Corporation
Seller's Agent
Stefanie Erion
Kentwood RE Northern Prop Llc
Buyer's Agent
David Powell
Group Loveland
List Price
$699,000
Sold Price
$535,000
Premium/Discount to List
-$164,000
-23.46%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 27, 2019
Sold by
Flechas Mooney Charitable Remainder Unit
Bought by
Lewis & Clark Ltd
Seller's Agent
T.R. Smith
Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
Buyer's Agent
T.R. Smith
Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
List Price
$450,000
Sold Price
$458,000
Premium/Discount to List
$8,000
1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 25, 2019
Sold by
Flechas Versa and Flechas Mooney Charitable Rema
Bought by
Flechas Mooney Charitable Remainder Unit
Seller's Agent
T.R. Smith
Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
Buyer's Agent
T.R. Smith
Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
List Price
$450,000
Sold Price
$458,000
Premium/Discount to List
$8,000
1.78%

Purchase Details

Closed on
Dec 11, 2018
Sold by
Flechas Versa
Bought by
Flechas Mooney Charitable Remainder Unit

Purchase Details

Closed on
Dec 24, 2003
Sold by
Edna F Bushey Trust
Bought by
Flechas Versa
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 Type Sale Price Title Company
Warranty Deed $575,000 None Listed On Document
Quit Claim Deed -- Land Title Guarantee
Special Warranty Deed $535,000 Htc
Special Warranty Deed $458,000 Land Title Guarantee
Interfamily Deed Transfer -- Land Title Guarantee
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $380,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $575,000 -4.0% --
04/30/2025 04/30/25 Price Changed $599,000 -7.7% --
04/02/2025 04/02/25 Price Changed $649,000 -3.7% --
12/12/2024 12/12/24 Price Changed $674,000 -3.6% --
11/04/2024 11/04/24 Price Changed $699,000 -3.6% --
08/19/2024 08/19/24 For Sale $725,000 +35.5% --
01/17/2023 01/17/23 Sold $535,000 -10.7% --
12/06/2022 12/06/22 Price Changed $599,000 -4.2% --
10/08/2022 10/08/22 Price Changed $625,000 -10.6% --
09/17/2022 09/17/22 Price Changed $699,000 0.0% --
09/17/2022 09/17/22 For Sale $699,000 +30.7% --
10/08/2021 10/08/21 Off Market $535,000 -- --
08/04/2021 08/04/21 Price Changed $799,000 -11.1% --
01/29/2021 01/29/21 For Sale $899,000 +96.3% --
01/05/2020 01/05/20 Off Market $458,000 -- --
10/07/2019 10/07/19 Sold $458,000 0.0% --
06/06/2019 06/06/19 Price Changed $458,000 +1.8% --
05/17/2019 05/17/19 For Sale $450,000 -- --
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 $74 $903 $903 --
2024 $71 $903 $903 --
2022 $72 $908 $908 $0
2021 $78 $998 $998 $0
2020 $79 $998 $998 $0
2019 $77 $998 $998 $0
2018 $90 $1,105 $1,105 $0
2017 $77 $1,105 $1,105 $0
2016 $59 $815 $815 $0
2015 $59 $810 $810 $0
2014 $41 $550 $550 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1016827

IRES MLS

APN: 85063-06-702