NOT LISTED FOR SALE

3513 Butternut Dr Unit 3513-3515 Loveland, CO 80538

Estimated Value: $491,920 - $568,000

4 Beds
2 Baths
1,927 Sq Ft
$280/Sq Ft Est. Value

Last Sold June 27, 2012

Last sale price $210,000 $109 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,198/month

27 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Forced Air Heating System
  • Eat-In Kitchen
  • Brick Veneer
  • Partially Fenced Property

About This Home

As of June 2012

Super Investment property. Great location,. All Brick. Always rented. Units are in above average condition. Attached garages, fenced yards on the 3513 side. Sprinkler System, Vinyl Windows, Roof replaced 2010. Close to shopping and schools. Rents are under market. New exterior paint.Seller to verify square footage. 24 Hour Notice to show.

Last Agent to Sell the Property

Georgia Christopher

Kosmos Real Estate Listed on: 04/06/2012

Last Buyer's Agent

Todd Sledge

Group Harmony

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,415

Year Built

  • Built in 1974

Lot Details

  • 8,814 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,927 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Window Treatments
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • <<selfCleaningOvenToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Lincoln Elementary School
  • Ball Middle School
  • Loveland High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0349097

Community Details

Overview

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

Building Details

  • Gross Income $17,100
  • Net Operating Income $13,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,415

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Sunset Acres
  • Directions: From 29th and Garfield go west to Sheridan turn Right, go one block to Butternut Drive.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1927
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Self Cleaning Oven, Dishwasher, Refrigerator
  • Accessibility Features: Level Lot
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City of Lovelan
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Excel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Lincoln
  • HighSchool: Loveland
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Ball (Conrad)

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 8814
  • Parcel #: R0349097
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1415

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17100
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 3675.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2012
Closed on
Jun 28, 2012
Sold by
Drehle James R and Drehle James R
Bought by
Robert J Grant Trust
Seller's Agent
Georgia Christopher
Kosmos Real Estate
Buyer's Agent
Todd Sledge
Group Harmony
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Current Estimated Value
$538,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,730
Avg. Annual Appreciation
7.21%
Original Mortgage
$157,500
Outstanding Balance
$111,306
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$410,194

Purchase Details

Closed on
Aug 1, 1972
Bought by
Drehle James R
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 Buyer Sale Price Title Company
Robert J Grant Trust $210,000 Stewart Title
Drehle James R $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robert J Grant Trust $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2020 05/03/20 Off Market $210,000 -- --
06/27/2012 06/27/12 Sold $210,000 -4.5% $109 / Sq Ft
05/28/2012 05/28/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $220,000 -- $114 / 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 $2,570 $35,892 $3,015 $32,877
2024 $2,479 $35,892 $3,015 $32,877
2022 $2,162 $27,173 $3,060 $24,113
2021 $2,271 $28,572 $3,218 $25,354
2020 $2,046 $25,733 $3,218 $22,515
2019 $2,012 $25,733 $3,218 $22,515
2018 $1,718 $20,873 $3,240 $17,633
2017 $1,479 $20,873 $3,240 $17,633
2016 $1,460 $19,900 $3,582 $16,318
2015 $1,448 $19,900 $3,580 $16,320
2014 $1,214 $16,150 $3,580 $12,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 677601

IRES MLS

APN: 95024-34-021