NOT LISTED FOR SALE

3501 Butternut Dr Loveland, CO 80538

Estimated Value: $479,733 - $548,000

2 Beds
1 Bath
1,758 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $385,000 $219 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,070/month

19 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • Brick Veneer

About This Home

As of April 2018

Ranch style side by side duplex in North Loveland! Very well maintained property and units with long term tenants. Tenants are both month to month and units are under rented. $1,050/unit is based on market for the area. Both units have 1 car garage. Large lot with big fenced backyards. Highly desirable area with good access to Hwy 287. Tenants pay gas, electric and water. Roof is newer and 3501 has a new hot water heater.

Last Agent to Sell the Property

Erik Broman

Realtec C.R.E.S., LLC Listed on: 03/02/2018

Realtec C.R.E.S., LLC

Last Buyer's Agent

Nick Vorrath

C3 Real Estate Solutions, LLC

C3 Real Estate Solutions, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1971

Lot Details

  • 9,043 Sq Ft Lot

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • <<selfCleaningOvenToken>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Lincoln Elementary School
  • Loveland High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0349135

Community Details

Overview

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

Building Details

  • Gross Income $25,200
  • Net Operating Income $22,904

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,396

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: SUNSET ACRES
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven
  • Has Basement: None
  • Total Bedrooms: 2
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Other, Cable Available
  • Heating Yn: Yes
  • Water Source: City Water, City of 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: Lincoln
  • HighSchool: Loveland
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Other

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 9043
  • Parcel #: R0349135
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1396

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25200
  • Annual Operating Expense: 2296

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Emge Martin L and Emge Roberta E
Bought by
Martin And Roberta Emge Trust
Current Estimated Value
$516,683

Purchase Details

Closed on
Dec 14, 2021
Sold by
Sutherland Anne M
Bought by
Emge Martin L and Emge Roberta E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2018
Closed on
Apr 23, 2018
Sold by
Tav Property Management Inc
Bought by
Sutherland Anne M
Seller's Agent
Erik Broman
Realtec C.R.E.S., LLC
Buyer's Agent
Nick Vorrath
C3 Real Estate Solutions, LLC
List Price
$398,000
Sold Price
$385,000
Premium/Discount to List
-$13,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$242,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1994
Bought by
Tav Property Management Inc
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
Martin And Roberta Emge Trust -- None Listed On Document
Martin And Roberta Emge Trust -- None Listed On Document
Emge Martin L $420,000 Fidelity National Title
Sutherland Anne M $385,000 Heritage Title Co
Tav Property Management Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emge Martin L $315,000
Previous Owner Sutherland Anne M $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $385,000 -- --
04/24/2018 04/24/18 Sold $385,000 -3.3% $219 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $398,000 -- $226 / 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 $2,494 $34,934 $3,015 $31,919
2024 $2,405 $34,934 $3,015 $31,919
2022 $2,094 $26,316 $3,060 $23,256
2021 $2,199 $27,671 $3,218 $24,453
2020 $1,951 $24,539 $3,218 $21,321
2019 $1,918 $24,539 $3,218 $21,321
2018 $1,622 $19,706 $3,240 $16,466
2017 $1,397 $19,706 $3,240 $16,466
2016 $1,384 $18,865 $3,582 $15,283
2015 $1,372 $18,860 $3,580 $15,280
2014 $1,164 $15,480 $3,580 $11,900
Source: Public Records

Agents Affiliated with this Home

  • Erik Broman

    Seller's Agent in 2018

    Erik Broman

    Realtec C.R.E.S., LLC

    (970) 420-1445

    14 Total Sales

    Erik Broman
    Section Image
  • Nick Vorrath

    Buyer's Agent in 2018

    Nick Vorrath

    C3 Real Estate Solutions, LLC

    (970) 420-6313

    24 Total Sales

    Nick Vorrath
    Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 843101

IRES MLS

APN: 95024-34-024

Colorado Larimer County Loveland 80538

3501 Butternut Dr, Loveland, CO

This home is located at 3501 Butternut Dr, Loveland, CO 80538 since 02 March 2018 and is currently estimated at $516,683, approximately $293 per square foot. This property was built in 1971. 3501 Butternut Dr is a home located in Larimer County with nearby schools including Lincoln Elementary School, Lucile Erwin Middle School, and Loveland High School.

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