NOT LISTED FOR SALE
3 Beds
2 Baths
15,650 Sq Ft
0.86 Acre Lot

Sale Details

Date Sold: April 24, 2012

Last sale price $1,100,000 $70 Per Sq Ft

8 Days on Market

About This Home

As of April 2012

Fantastic upside property. Rents are currently around $100 per unit per month below market. Great location and tenant mix. New paint in 2011. Tenants pay gas & electric (low expenses). Minimum 24hr notice to show. Call or email for a full brochure.

Last Agent to Sell the Property

Brian Mannlein

Cushman & Wakefield License #40030183 Listed on: 03/29/2012

Co-Listed By

Erik Broman

Realtec C.R.E.S., LLC License #100006880

Last Buyer's Agent

Laurel Kross

Laurel Kross License #100003229

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,632

Year Built

  • Built in 1973

Lot Details

  • 0.86

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 15,650 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Monroe Elementary School
  • Mountain View High School

Additional Features

  • 37,462 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0380334

Community Details

Overview

  • No Home Owners Association
  • 21 Units

Building Details

  • Gross Income $136,870
  • Net Operating Income $89,577

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,632

Year Built

Built in 1973

Lot Details

0.86 Acres

Listing Details

  • Year Built: 1973
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.86
  • Co List Office Mls Id: 9RLTC
  • Subdivision Name: n/a
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 15650
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Has Basement: Partial
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Monroe
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Other

Lot Info

  • Zoning: R3e
  • Lot Size Sq Ft: 37462
  • Parcel #: R0380334
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 8632

Multi Family

  • Number Of Units Total: 21
  • Annual Gross Income: 136869.8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2012
Closed on
Apr 24, 2012
Sold by
Pierre Enterprises Llc
Bought by
Seller's Agent
Brian Mannlein
Cushman & Wakefield
Buyer's Agent
Laurel Kross
Laurel Kross
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,704
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1996
Sold by
Fallen Edward M
Bought by
Fallen Norma L

Purchase Details

Closed on
Jul 25, 1996
Sold by
Ovind Bruce H and Ovind Sandra D
Bought by
Elmwood Properties
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 Fidelity National Title Insu
Fallen Norma L -- --
Elmwood Properties -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,975,000
Closed Owl Investments Llc $1,075,704
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2020 05/03/20 Off Market $1,100,000 -- --
04/24/2012 04/24/12 Sold $1,100,000 -8.3% $70 / Sq Ft
03/29/2012 03/29/12 For Sale $1,199,000 -- $77 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,362 $51,000 $12,500 $38,500
2024 $2,811 $40,200 $17,085 $23,115
2022 $3,203 $40,256 $8,500 $31,756
2021 $3,364 $42,329 $8,938 $33,391
2020 $3,366 $42,329 $8,938 $33,391
2019 $3,309 $42,329 $8,938 $33,391
2018 $2,785 $33,840 $6,120 $27,720
2017 $2,398 $33,840 $6,120 $27,720
2016 $2,504 $34,140 $5,174 $28,966
2015 $2,483 $34,140 $5,170 $28,970
2014 $2,247 $29,880 $5,170 $24,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE676837

IRES MLS

APN: 95132-49-020

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