NOT LISTED FOR SALE

405 E 7th St Loveland, CO 80537

Estimated Value: $614,000 - $647,000

3 Beds
2.5 Baths
3,524 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $352,000 $100 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,607/month

76 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Brick Veneer
  • Wood Flooring
  • No HOA
  • Outdoor Gas Grill

About This Home

As of June 2016

Lots of opportunity here! Awesome brick home with new roof, commercial kitchen and indoor/outdoor dining. Zoned com/res. Restaurant sqft is 1039 sqft. Main floor of home could easily be turned into restaurant seating and office or living upstairs. Could be perfect for restaurant, leasing out to food trucks/catering, events, brewery. All restaurant equipment is included. Living areas have hardwood floors and exposed red brick walls, bedrooms have large closets. Basement is unfinished.

Last Agent to Sell the Property

Meagan Griesel

Group Centerra Listed on: 03/14/2016

Group Centerra

Last Buyer's Agent

Mona Doering

SORA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1936

Lot Details

  • 6,970 Sq Ft Lot
  • South Facing Home
  • Southern Exposure
  • Property is zoned BE

Parking

  • Alley Access

Home Design

  • Brick Veneer
  • Wood Roof
  • Composition Roof

Interior Spaces

  • 3,524 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Unfinished Basement

Kitchen

  • Gas Oven or Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bathroom on main floor

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Gas Grill

Schools

  • Truscott Elementary School
  • Bill Reed Middle School
  • Loveland High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lov Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0386570

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,860

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Year Built: 1936
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved, Concrete
  • Subdivision Name: Lov
  • Directions: From HWY 34 & 287, head south the 7th st. Turn East - property is on the corner of Jefferson and E 7th st.
  • Above Grade Finished Sq Ft: 2081
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Efficiency: Southern Exposure
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3524
  • Special Features: None
  • Stories: 0

Interior Features

  • Possible Use: Single Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Appliances: 2 or more H20 Heaters, Gas Range/Oven, Refrigerator, Disposal
  • Accessibility Features: Main Floor Bath, Main Level Bedroom
  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1047
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Separate Dining Room
  • Living Area: 2081
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Master Bedroom Features: Wood Floor
  • Room Kitchen Features: Tile Floor
  • Room Living Room Area: 180
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 126
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 120
  • Room Dining Room Area: 64
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: South
  • Exterior Features: Gas Grill, Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Parking Features: Alley Access
  • IRESDS_GarageType: None

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: BE
  • Lot Size Sq Ft: 6970
  • Parcel #: R0386570
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1860

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jun 28, 2016
Sold by
Stout Market
Bought by
Vanbaren Eileen
Seller's Agent
Meagan Griesel
Group Centerra
Buyer's Agent
Mona Doering
SORA Realty
List Price
$385,000
Sold Price
$352,000
Premium/Discount to List
-$33,000
-8.57%
Current Estimated Value
$626,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,263
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Feb 27, 2014
Sold by
Arnett James R and Arnett Kristin J
Bought by
Stout Market Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
13.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 24, 2013
Closed on
Oct 14, 2013
Sold by
Arnett James R and Casty Kristin J
Bought by
Arnett James R and Arnett Kristin J
Seller's Agent
David DeMars
North American Real Estate LLC
Buyer's Agent
David DeMars
North American Real Estate LLC
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%

Purchase Details

Closed on
Oct 24, 2003
Sold by
Oates Dennis R
Bought by
Reckling Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Oates Dennis R and Oates Carol A
Bought by
Oates Dennis R

Purchase Details

Closed on
Aug 27, 2001
Sold by
Oates Dennis R and Oates Carol A
Bought by
Oates Dennis R and Oates Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.98%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Piemonte Sam Trustee
Bought by
Oates Dennis R and Oates Carol A

Purchase Details

Closed on
Jun 10, 1997
Sold by
Piemonte Dominico and Kaufman William G
Bought by
Oates Dennis R and Oates Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 10, 1996
Sold by
Piemonte Dominico
Bought by
Piemonte Sam and Dominico Piemonte Trust
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
Vanbaren Eileen $352,000 Fidelity National Title Ins
Stout Market Llc -- Fntc
Arnett James R -- Fidelity National Title Insu
Arnett James R $200,000 Fidelity National Title Insu
Reckling Dana L $228,000 Chicago Title Co
Oates Dennis R -- Chicago Title Co
Oates Dennis R -- North American Title
Oates Dennis R -- --
Oates Dennis R $170,000 --
Piemonte Sam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stout Market Llc $50,000
Previous Owner Reckling Dana L $182,400
Previous Owner Oates Dennis R $200,000
Previous Owner Oates Dennis R $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2020 05/03/20 Off Market $200,000 -- --
01/28/2019 01/28/19 Off Market $352,000 -- --
06/28/2016 06/28/16 Sold $352,000 -8.6% $100 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $385,000 +92.5% $109 / Sq Ft
10/14/2013 10/14/13 Sold $200,000 0.0% $53 / Sq Ft View Prior Sale
09/14/2013 09/14/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $200,000 -- $53 / 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 $3,876 $57,760 $20,714 $37,046
2024 $3,746 $57,760 $20,714 $37,046
2022 $3,425 $43,045 $5,708 $37,337
2021 $3,478 $43,759 $5,803 $37,956
2020 $3,398 $42,731 $5,803 $36,928
2019 $3,340 $42,731 $5,803 $36,928
2018 $3,076 $37,381 $5,827 $31,554
2017 $2,649 $37,381 $5,827 $31,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 785727

IRES MLS

APN: 95133-83-001