NOT LISTED FOR SALE

432 W 3rd St Loveland, CO 80537

Estimated Value: $561,000 - $643,000

4 Beds
3 Baths
2,944 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $695,000 $236 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,443/month

1 Day on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Cottage
  • Open Floorplan
  • No HOA
  • Wood Frame Window

About This Home

As of April 2022

Incredible whole duplex investment opportunity located in the heart of downtown! Both sides currently tenant occupied. Loaded w/ charm & character these homes are highly desirable! Unit 432 has 2 beds & baths, partially finished basement, off street & driveway parking. Unit 434 has 2 beds & 1 bath, unfinished partial basement, & off street parking. Each unit has a storage shed in back. Neighborhood park across street, Bill Reed MS within walking distance. Alley access.Tenants pay all utilities.

Last Agent to Sell the Property

R.D. Baker

Ambassador Colorado Listed on: 03/22/2022

Last Buyer's Agent

Tara Boston

RE/MAX Nexus

RE/MAX Nexus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1925

Lot Details

  • 6,896 Sq Ft Lot
  • Property fronts an alley
  • North Facing Home
  • Kennel or Dog Run
  • Wood Fence
  • Level Lot

Parking

  • Alley Access

Home Design

  • Duplex
  • Cottage
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,944 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Frame Window

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Painted or Stained Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Patio
  • Outdoor Storage
  • Outbuilding

Location

  • The property is located in a historic district

Schools

  • Blair Elementary School
  • Bill Reed Middle School
  • Thompson Valley High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0406368

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Culver Subdivision

Amenities

  • Community Storage Space

Recreation

  • Park

Building Details

  • Gross Income $39,000
  • Net Operating Income $35,233

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Culver
  • Directions: From 4th Street and US 287 go west. At Harrison turn left/South. At Harrison and 3rd Street turn right/West. Homes will be on the left.
  • Architectural Style: Cottage/Bung, Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2944
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: Partial, Full, Unfinished, 90%+ Finished Basement
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Open Floorplan, Pantry, 9ft+ Ceilings
  • Window Features: Wood Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Historic District, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame, Painted/Stained
  • Direction Faces: North
  • Other Structures: Kennel/Dog Run, Storage, Outbuildings
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Room Air Conditioner, Ceiling Fan(s)
  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Community Features: Park, Extra Storage
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Blair (Mary),Garfield
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 6896
  • Parcel #: R0406368
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2267

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 3767

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Apr 27, 2022
Sold by
Snyder Randall D
Bought by
Bockelmann James W and Bockelmann Cheryl G
Seller's Agent
R.D. Baker
Ambassador Colorado
Buyer's Agent
Tara Boston
RE/MAX Nexus
List Price
$625,000
Sold Price
$695,000
Premium/Discount to List
$70,000
11.2%
Current Estimated Value
$613,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,330
Avg. Annual Appreciation
-3.49%
Original Mortgage
$378,500
Outstanding Balance
$359,112
Interest Rate
5.11%
Estimated Equity
$254,558

Purchase Details

Listed on
Jul 25, 2018
Closed on
Aug 30, 2018
Sold by
Maes Joycelynn Gayle
Bought by
Snyder Randall D and Snyder Evangeline C
Seller's Agent
Flora Roth
Sears Real Estate
Buyer's Agent
R.D. Baker
Ambassador Colorado
List Price
$43,400
Sold Price
$399,900
Premium/Discount to List
$356,500
821.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%
Original Mortgage
$365,308
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 19, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Maes Joycelynn Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2007
Sold by
Brown Alan R
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Aug 21, 2003
Sold by
Amick James D and Amick Deloris Valdez
Bought by
Snyder Randall D and Snyder Evangeline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,701
Interest Rate
5.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1991
Bought by
Brown Alan 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
Bockelmann James W $695,000 --
Snyder Randall D $399,900 Fidelity National Title
Maes Joycelynn Gayle $161,000 Atgf
Deutsche Bank National Trust Co -- None Available
Snyder Randall D $165,000 Chicago Title Co
Brown Alan R $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bockelmann James W $378,500
Previous Owner Snyder Randall D $365,308
Previous Owner Maes Joycelynn Gayle $128,800
Previous Owner Snyder Randall D $162,701
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Off Market $695,000 -- --
04/27/2022 04/27/22 Sold $695,000 +11.2% $236 / Sq Ft
03/26/2022 03/26/22 For Sale $625,000 +56.3% $212 / Sq Ft
01/28/2019 01/28/19 Off Market $399,900 -- --
08/30/2018 08/30/18 Sold $399,900 +821.4% $136 / Sq Ft View Prior Sale
08/12/2018 08/12/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $43,400 -- $15 / 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 $2,687 $37,359 $3,082 $34,277
2024 $2,592 $37,359 $3,082 $34,277
2022 $2,159 $27,132 $3,128 $24,004
2021 $2,267 $28,529 $3,289 $25,240
2020 $2,070 $26,040 $3,289 $22,751
2019 $2,036 $26,040 $3,289 $22,751
2018 $1,449 $17,611 $3,312 $14,299
2017 $1,248 $17,611 $3,312 $14,299
2016 $1,086 $14,806 $3,662 $11,144
2015 $1,077 $14,800 $3,660 $11,140
2014 $1,014 $13,480 $3,660 $9,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 961354

IRES MLS

APN: 95144-52-009