NOT LISTED FOR SALE

341 N Garfield Ave Loveland, CO 80537

1 Bed
1 Bath
5,600 Sq Ft
6,000 Sq Ft Lot

Last Sold October 01, 2019

Last sale price $1,050,000 $188 Per Sq Ft

11 Days on Market

Highlights

  • No HOA
  • Air Conditioning
  • Hot Water Heating System

About This Home

As of October 2019

This property consists of 10 units in 2 buildings and has been professionally managed by Henderson PM. Located 2 blocks west of downtown Loveland, and within easy walking distance of restaurants, shopping and the new Foundry redevelopment project. The low-maintenance exteriors of the buildings are made up of masonry with wooden balconies, wooden hand railings and pitched shingle roofs. There are eight on-site parking spaces, along with street parking. 713 N Garfield also available for sale.

Last Agent to Sell the Property

Brian Mannlein

Cushman & Wakefield Listed on: 08/01/2019

Co-Listed By

Jason Ells

Cushman & Wakefield

Last Buyer's Agent

Stephen Jensen

Yellow Dog Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1973

Lot Details

  • 6,000

Home Design

  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Truscott Elementary School
  • Bill Reed Middle School
  • Thompson Valley High School

Utilities

  • Air Conditioning
  • Hot Water Heating System

Additional Features

  • Exterior Lighting
  • 6,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0405949

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Rists Subdivision

Building Details

  • Gross Income $94,505
  • Net Operating Income $64,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,963

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 0FCOM
  • Subdivision Name: RISTS
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5600
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalks, Within City Limits
  • Waterfront: No
  • Construction Type: Concrete
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Separate Meter Electricity
  • Heating: Hot Water
  • Utilities: Natural Gas Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Loveland
  • Gas Company: Natural Gas

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: Truscott
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: DT
  • Lot Size Sq Ft: 6000
  • Parcel #: R0405949
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 94505
  • Income Includes: ["Lease/Rents","Laundry"]

Tax Info

  • Tax Annual Amount: 2963

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2020 01/01/20 Off Market $1,050,000 -- --
10/01/2019 10/01/19 Sold $1,050,000 -12.5% $188 / Sq Ft
08/01/2019 08/01/19 For Sale $1,200,000 -- $214 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 889910

IRES MLS