NOT LISTED FOR SALE

5523 Elk Grove Ct Loveland, CO 80537

Estimated Value: $1,213,000 - $1,309,000

4 Beds
3 Baths
4,842 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $1,200,000 $248 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,438/month

4 Days on Market

Highlights

  • Water Views
  • Spa
  • 0.44 Acre Lot
  • On Golf Course
  • Green Energy Generation
  • Open Floorplan

About This Home

As of March 2023

Sweeping views of the beautiful Mariana Butte Golf Course! Located off the pond on the 6th fairway, with almost 200' of golf course frontage, views of the 7th fairway, and picturesque pedestrian bridges, this exceptional location is sure to please. Luxury home accommodates 10' ceilings, 8' doors and numerous upgrades. The large kitchen with granite pass-through to the covered deck makes entertaining fun! Floor to ceiling stacked marble linear fireplace showcases the open floor plan. A well-designed primary suite overlooks the course, boasts a spa bathroom, large walk-in closet and adjoining laundry room. In addition to being highly energy efficient, this home's driveway faces southwest-a premium in Colorado. Enjoy peaches, apples and cherries from your very own mini-orchard and garden in the extensive raised planting beds. Located near the foothills, and just minutes from downtown Loveland, The Masters at Mariana Butte is a beautiful enclave in the west end of Mariana Butte. Abundant wildlife make their homes on approx. 17 acres of habitat/open space within The Masters.

Last Agent to Sell the Property

Sharon Morrison

RE/MAX Alliance-Loveland Listed on: 02/16/2023

RE/MAX Alliance-Loveland

Last Buyer's Agent

Scott Otis

Zeal Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,308

Year Built

  • Built in 2017

Lot Details

  • 0.44 Acre Lot
  • On Golf Course
  • Open Space
  • Cul-De-Sac
  • Southwest Facing Home
  • Wood Fence
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Rough-in for Radon
  • Stone

Interior Spaces

  • 4,842 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Sump Pump
  • Natural lighting in basement

Accessible Home Design

  • Garage doors are at least 85 inches wide
  • Accessible Doors

Eco-Friendly Details

  • Green Energy Generation
  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • River Nearby
  • Deck
  • Exterior Lighting
  • Outdoor Gas Grill

Location

  • Property is near a golf course

Schools

  • Namaqua Elementary School
  • Clark Middle School
  • Thompson Valley High School

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R1644534

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management
  • Mariana Butte Subdivision

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,308

Year Built

Built in 2017

Lot Details

0

Parking

3

Listing Details

  • Year Built: 2017
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.44
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Mariana Butte
  • Architectural Style: Contemporary/Modern, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Thermostat, Energy Rated
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4842
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Microwave, Disposal
  • Accessibility Features: Level Lot, Accessible Doors, Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: 50%+Finished Basement, Daylight, Rough-in for Radon, Sump Pump
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Gas, Living Room
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s), Kitchen Island, 9ft+ Ceilings
  • Window Features: Window Coverings, Double Pane Windows
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Hardwood
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Family Room Level: Basement
  • Room Kitchen Features: Hardwood
  • Family Room Features: Carpet
  • Living Room Features: Hardwood
  • Dining Room Dining Room Level: Main
  • Master Bathroom Features: 5 Piece Primary Bath
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Cul-De-Sac, Level, On Golf Course, Near Golf Course, Abuts Private Open Space, Within City Limits
  • View: Water
  • Waterfront Features: Abuts Pond/Lake
  • Waterfront: No
  • Construction Type: Wood/Frame, Stone
  • Direction Faces: Southwest
  • Exterior Features: Gas Grill, Lighting, Hot Tub Included
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, >8' Garage Door
  • IRESDS_GarageType: Attached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Community Features: Hiking/Biking Trails
  • Senior Community: No
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Namaqua
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Clark (Walt)

Lot Info

  • Zoning: res
  • Lot Size Sq Ft: 19114
  • Parcel #: R1644534
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8308.26

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 17, 2023
Sold by
Morrison Robert G
Bought by
Lovell William W and Lovell Peggy Lee
Seller's Agent
Sharon Morrison
RE/MAX Alliance-Loveland
Buyer's Agent
Scott Otis
Zeal Real Estate
List Price
$1,200,000
Sold Price
$1,200,000
Views
3
Current Estimated Value
$1,239,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,786
Avg. Annual Appreciation
1.25%
Original Mortgage
$600,000
Outstanding Balance
$581,028
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$658,758

Purchase Details

Listed on
Aug 30, 2016
Closed on
Mar 23, 2017
Sold by
Aspen Homes Of Colorado Inc
Bought by
Morrison Robert G and Morrison Sharon S
Seller's Agent
Dennis Schick
RE/MAX Alliance-FTC South
Buyer's Agent
Sharon Morrison
RE/MAX Alliance-Loveland
List Price
$698,335
Sold Price
$670,000
Premium/Discount to List
-$28,335
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$400,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2010
Sold by
Ada Inc
Bought by
Lo Ling Ling Y
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
Lovell William W $1,200,000 Land Title Guarantee
Morrison Robert G $670,000 Land Title Guarantee
Lo Ling Ling Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovell William W $600,000
Previous Owner Morrison Robert G $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2023 03/17/23 Sold $1,200,000 0.0% $248 / Sq Ft
02/16/2023 02/16/23 For Sale $1,200,000 +79.1% $248 / Sq Ft
01/28/2019 01/28/19 Off Market $670,000 -- --
03/23/2017 03/23/17 Sold $670,000 -4.1% $139 / Sq Ft View Prior Sale
02/21/2017 02/21/17 Pending -- -- --
08/30/2016 08/30/16 For Sale $698,335 -- $144 / 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 $11,393 $77,184 $15,410 $61,774
2024 $10,540 $77,177 $15,410 $61,767
2022 $8,140 $55,211 $12,510 $42,701
2021 $8,308 $56,800 $12,870 $43,930
2020 $7,671 $52,431 $12,141 $40,290
2019 $7,601 $52,431 $12,141 $40,290
2018 $7,495 $50,429 $10,872 $39,557
2017 $4,491 $32,731 $10,872 $21,859
2016 $518 $3,886 $3,886 $0
2015 $516 $3,890 $3,890 $0
2014 $650 $4,810 $4,810 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 982133

IRES MLS

APN: 95173-57-017