NOT LISTED FOR SALE

3550 Butternut Dr Unit A, B, C, D Loveland, CO 80538

2 Beds
1 Bath
3,886 Sq Ft
7,841 Sq Ft Lot

Last Sold September 07, 2021

Last sale price $875,000 $225 Per Sq Ft

19 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Walk-In Closet
  • Cul-De-Sac
  • Brick Veneer
  • Patio

About This Home

As of September 2021

Fantastic 2 story townhome, 4 Plex Investment opportunity. All units leased. Each unit is 2 bed 1.5 bath. Reserved parking for tenants, No HOA. Improvements on all units 2018- New windows/sliding doors, New Electric water heaters, New fiberglass showers/tub installed. Each unit has been updated in 2018 with new carpet, new paint, new flooring. New Roof 2017 and warranty is transferable. All units also have W/D hookups. Please see additional documents for all upgrades and replacements per unit. Tenants pay Electric. Owner Pays Trash/Water, bills back trash.

Last Agent to Sell the Property

holly mitchell

High Point Homes Listed on: 07/23/2021

Last Buyer's Agent

Ryan Specht

HomeSmart Realty

HomeSmart Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1978

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,886 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number R0660329

Community Details

Overview

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

Building Details

  • Gross Income $62,258
  • Net Operating Income $50,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,098

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Concrete
  • Subdivision Name: SUNSET ACRES
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Legal Conforming, Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3886
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Has Basement: None
  • Total Bedrooms: 2
  • Interior Amenities: Eat-in Kitchen, Walk-In Closet(s)
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Cul-De-Sac, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Baseboard
  • Utilities: Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Water Source: City Water, City of Loveland

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: Erwin, Lucile

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 7841
  • Parcel #: R0660329
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3098.38

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 62258
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 12102.38

Range of Values:

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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
12/06/2021 12/06/21 Off Market $875,000 -- --
09/07/2021 09/07/21 Sold $875,000 0.0% $225 / Sq Ft
08/11/2021 08/11/21 For Sale $875,000 0.0% $225 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $875,000 0.0% $225 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $875,000 +56.3% $225 / Sq Ft
01/28/2019 01/28/19 Off Market $560,000 -- --
10/06/2017 10/06/17 Sold $560,000 0.0% $144 / Sq Ft
09/08/2017 09/08/17 For Sale $560,000 -- $144 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • holly mitchell

    Seller's Agent in 2021

    holly mitchell

    High Point Homes

    (970) 817-1492

    4 in this area

    32 Total Sales

    holly mitchell
    Section Image

  • R

    Buyer's Agent in 2021

    Ryan Specht

    HomeSmart Realty

    Section Image

  • J

    Seller's Agent in 2017

    James Mitchell

    Group Mulberry

    Section Image
  • Colin Glover

    Seller Co-Listing Agent in 2017

    Colin Glover

    West and Main Homes

    (720) 939-9571

    5 in this area

    39 Total Sales

    Colin Glover
    Section Image
  • Sharon McGonigal

    Buyer's Agent in 2017

    Sharon McGonigal

    Equity Colorado-Front Range

    (720) 989-6533

    9 in this area

    36 Total Sales

    Sharon McGonigal
    Section Image
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Map

Source: IRES MLS

MLS Number: 946796

IRES MLS
Colorado Larimer County Loveland 80538

3550 Butternut Dr Unit A, B, C, D, Loveland, CO

This home is located at 3550 Butternut Dr Unit A, B, C, D, Loveland, CO 80538 since 23 July 2021. This property was built in 1978. 3550 Butternut Dr Unit A, B, C, D 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.

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