NOT LISTED FOR SALE

4228 E Highway 402 Loveland, CO 80537

Estimated Value: $846,000 - $1,218,000

3 Beds
3.5 Baths
4,034 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $779,900 $193 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,494/month

121 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Forced Air Heating System
  • 1.86 Acre Lot
  • 4 Car Detached Garage
  • Lot Has A Rolling Slope

About This Home

As of January 2023

Opportunity on 1.86 Acres! With stunning Front Range views, multiple Outbuildings, and a home over 4,000 Sqft, this property is ready for a new owner to make it their own. The main dwelling, a 1925 farmhouse with an addition in the 90's, features an in-ground swimming pool, mezzanine, and vaulted ceilings. Just steps from the home you will find a 10,000 Sqft double Quonset Hut Shop perfect for a home business or immense storage for all of your toys. Also includes a detached, tandem, 4 Car Garage. With easy access to I-25, Downtown Loveland, and the Promenade Shops, you won't be able to find a better location! With a brand new water line stubbed in and custom new windows on site, come and dream about what this property could transform into! The home is being sold in AS-IS condition.

Last Agent to Sell the Property

Richard Payne Jr

Property Partners Listed on: 05/04/2022

Co-Listed By

JC Coulter

Property Partners

Last Buyer's Agent

JC Coulter

Property Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,256

Year Built

  • Built in 1925

Lot Details

  • 1.86 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned RR-2

Parking

  • 4 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,034 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Winona Elementary School
  • Ball Middle School
  • Mountain View High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Hay Storage

Utilities

  • Forced Air Heating System
  • Septic System

Community Details

  • No Home Owners Association
  • Outside City Limits Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0511773

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,256

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1925
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.86
  • Co List Office Mls Id: 9RECI
  • Subdivision Name: Outside City limits
  • Above Grade Finished Sq Ft: 4025
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4034
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Farm, Commercial
  • Private Spa: No
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 4034
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Master Bedroom Features: Other Floor
  • Room Kitchen Features: Other Floor
  • Room Kitchen Area: 400
  • Room Master Bedroom Area: 180
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Rolling Slope
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • IRESDS_GarageType: Detached

Utilities

  • Electric: Electric, PV REA
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Main Level
  • Heating Yn: Yes
  • Sewer: Septic
  • Gas Company: Natural Gas, Xcel

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: Winona
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Ball (Conrad)

Lot Info

  • Zoning: RR-2
  • Horse Amenities: Hay Storage
  • Lot Size Sq Ft: 81022
  • Parcel #: R0511773
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3256.5

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jan 17, 2023
Sold by
University Rental Group Llc
Bought by
Sixberry Matthew
Seller's Agent
Richard Payne Jr
Property Partners
Buyer's Agent
JC Coulter
Property Partners
List Price
$779,900
Sold Price
$779,900
Views
36
Current Estimated Value
$971,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,443
Avg. Annual Appreciation
8.25%
Original Mortgage
$700,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 5, 2021
Sold by
Jensen Michael L
Bought by
University Rental Group Llc

Purchase Details

Closed on
Jun 24, 2020
Sold by
Adels Shirley
Bought by
Sectary Of Housing And Uran Development

Purchase Details

Closed on
Feb 27, 2017
Sold by
Adels Shirley A
Bought by
Adels Shirley A

Purchase Details

Closed on
Sep 16, 2009
Sold by
Adels Vernon E and Adels Shirley A
Bought by
Adels Vernon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
5.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 1, 1995
Sold by
Adels Vernon E and Adels Shirley A
Bought by
Adels Rick A and Adels Vernon E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sixberry Matthew $780,000 Land Title
University Rental Group Llc -- None Listed On Document
Sectary Of Housing And Uran Development -- None Available
Adels Shirley A -- None Available
Adels Vernon E -- Htco
Adels Rick A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sixberry Matthew $700,000
Previous Owner Adels Vernon E $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2023 01/17/23 Sold $779,900 0.0% $193 / Sq Ft
10/03/2022 10/03/22 For Sale $779,900 0.0% $193 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
06/26/2022 06/26/22 Price Changed $779,900 -2.5% $193 / Sq Ft
05/25/2022 05/25/22 Price Changed $799,900 -3.0% $198 / Sq Ft
05/04/2022 05/04/22 For Sale $825,000 -- $205 / 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 $4,309 $56,602 $5,360 $51,242
2024 $4,159 $56,602 $5,360 $51,242
2022 $3,173 $40,247 $5,560 $34,687
2021 $3,257 $41,406 $5,720 $35,686
2020 $3,420 $50,629 $5,720 $44,909
2019 $3,361 $50,629 $5,720 $44,909
2018 $3,518 $50,378 $5,760 $44,618
2017 $3,028 $50,378 $5,760 $44,618
2016 $2,000 $35,533 $6,368 $29,165
2015 $1,982 $35,540 $6,370 $29,170
2014 $1,753 $31,530 $6,370 $25,160
Source: Public Records

Agents Affiliated with this Home

  • Richard Payne Jr

    Seller's Agent in 2023

    Richard Payne Jr

    Property Partners

    (970) 691-5222

    2 in this area

    72 Total Sales

    Richard Payne Jr
    Section Image
  • JC Coulter

    Seller Co-Listing Agent in 2023

    JC Coulter

    Property Partners

    (719) 838-9011

    6 in this area

    59 Total Sales

    JC Coulter
    Section Image
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Map

Source: IRES MLS

MLS Number: 964617

IRES MLS

APN: 85282-00-013

Colorado Larimer County Loveland 80537

4228 E Highway 402, Loveland, CO

This home is located at 4228 E Highway 402, Loveland, CO 80537 since 04 May 2022 and is currently estimated at $971,343, approximately $240 per square foot. This property was built in 1925. 4228 E Highway 402 is a home located in Larimer County with nearby schools including Winona Elementary School, Peakview Academy at Conrad Ball, and Mountain View 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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