NOT LISTED FOR SALE

3440 Butternut Dr Loveland, CO 80538

8 Beds
4 Baths
3,360 Sq Ft
0.35 Acres

Last Sold August 31, 2017

Last sale price $525,000 $156 Per Sq Ft

8 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • Balcony
  • Open Floorplan
  • No HOA
  • Air Conditioning

About This Home

As of August 2017

Great investment property in Loveland. This 4-plex features, a common laundry room, 2 storage sheds, sprinkler system and exterior was just painted. All units are 2 bedroom 1 bathroom. This is a great opportunity for investment!

Last Agent to Sell the Property

Justin Morales

RPM of the Rockies Listed on: 07/24/2017

Last Buyer's Agent

David Rusaw

Keller Williams 1st Realty

Keller Williams 1st Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1972

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Painted or Stained Flooring
  • City Views

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Air Conditioning
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0348708

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Gross Income $43,200
  • Net Operating Income $37,167

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,014

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.35
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Sunset Acres
  • Directions: FROM HWY 287, WEST ON 29TH ST TO SHERIDAN, NORTH TO BUTTERNUT EAST AND AROUND BEND TO PROPERTY.
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3360
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 8
  • Interior Amenities: Open Floorplan
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Wood Siding, Painted/Stained
  • Exterior Features: Balcony
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City Of Lovelan
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City Of Loveland
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Community Features: Extra Storage
  • 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: 15246
  • Parcel #: R0348708
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2014

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 43200
  • Annual Operating Expense: 6033

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 Change Sq Ft Price
01/28/2019 01/28/19 Off Market $525,000 -- --
08/31/2017 08/31/17 Sold $525,000 +5.0% $156 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $500,000 -- $149 / 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: 827528

IRES MLS

APN: 95024-33-010