NOT LISTED FOR SALE

910 16th St SW Loveland, CO 80537

Estimated Value: $663,000 - $716,000

6 Beds
3 Baths
2,329 Sq Ft
$299/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $440,000 $189 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,036/month

45 Days on Market

Highlights

  • City View
  • No HOA
  • Double Pane Windows
  • Open Floorplan
  • Eat-In Kitchen
  • 4-minute walk to Sherri-Mar Park

About This Home

As of December 2016

Excellent multi-family investment opportunity! ALL BRICK TRIPLEX fully rented 2-Bed, 1-Bath units, VERY well maintained. Tiled eat-in kitchens. New Lifetime ROOF in 2011. All New Windows, Exterior Doors, Water-Heaters, Carpet, and Light Fixtures in 2013. Two New Furnaces, and 3 AC wall units in 2015. Tenants pay their own Gas, Elect, Trash. Three off-street parking spaces. Beautiful front yard and fenced backyard with shade trees. Excellent very quiet location near shopping and schools.

Last Agent to Sell the Property

Kim Butler

HomeSmart Realty Group Lvld Listed on: 10/15/2016

HomeSmart Realty Group Lvld

Last Buyer's Agent

Tammy Walker

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1964

Lot Details

  • 8,873 Sq Ft Lot
  • North Facing Home
  • Chain Link Fence
  • Level Lot
  • Sprinkler System

Parking

  • Driveway Level

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,329 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • City Views
  • Storm Doors
  • Washer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage

Location

  • Mineral Rights Excluded
  • Property is near a bus stop

Schools

  • Kitchen 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, trash collection
  • Assessor Parcel Number R0417122

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Sherri Mar Subdivision

Building Details

  • Gross Income $40,500
  • Net Operating Income $36,098

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,197

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Sherri Mar
  • Directions: From NW Loveland go south on Taft Ave, LEFT on 14th St. RIGHT on South Douty Ave, RIGHT on 16th St. SW to the property. From I-25 take Exit #255 go west 5 miles on 402. Turn LEFT on Douglas Ave. GO south to 16th St. Turn RIGHT go west to property.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2329
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Washer
  • Accessibility Features: Level Lot, Level Drive, Near Bus, No Stairs, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Open Floorplan
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Lot Features: Curbs, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Mineral Rights Excluded, Level, Within City Limits
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: North
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Separate Meter Electricity, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel Energy

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: Kitchen (Bf)
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 8873
  • Parcel #: R0417122
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1197

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 40500
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2016
Closed on
Dec 29, 2016
Sold by
Briargate Investments Llc
Bought by
709 Llc
Seller's Agent
Kim Butler
HomeSmart Realty Group Lvld
Buyer's Agent
Tammy Walker
Group Harmony
List Price
$429,000
Sold Price
$440,000
Premium/Discount to List
$11,000
2.56%
Current Estimated Value
$696,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,687
Avg. Annual Appreciation
5.48%
Original Mortgage
$279,500
Outstanding Balance
$233,331
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$463,356

Purchase Details

Closed on
Apr 15, 2011
Sold by
Hepner Daniel A
Bought by
Briargate Investments

Purchase Details

Closed on
Dec 23, 2009
Sold by
Mcmanaman James L and Mcmanaman Terrie
Bought by
Scrimgeour Donald P

Purchase Details

Closed on
Sep 1, 2000
Sold by
Pence Robert A and Pence Julie A
Bought by
Mcmanaman James L and Mcmanaman Terrie

Purchase Details

Closed on
Sep 1, 1992
Sold by
Kain Nancy E
Bought by
Pence Robert A
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
709 Llc $440,000 First American Title
Briargate Investments $175,000 None Available
Scrimgeour Donald P -- None Available
Mcmanaman James L $179,900 --
Pence Robert A $83,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 709 Llc $279,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $440,000 -- --
12/29/2016 12/29/16 Sold $440,000 +2.6% $189 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
10/15/2016 10/15/16 For Sale $429,000 -- $184 / 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 $2,875 $39,711 $1,367 $38,344
2024 $2,773 $39,711 $1,367 $38,344
2022 $2,444 $30,709 $1,387 $29,322
2021 $2,566 $32,290 $1,459 $30,831
2020 $2,781 $34,978 $1,459 $33,519
2019 $2,734 $34,978 $1,459 $33,519
2018 $1,677 $20,376 $1,469 $18,907
2017 $1,444 $20,376 $1,469 $18,907
2016 $1,207 $16,461 $1,624 $14,837
2015 $1,197 $16,460 $1,620 $14,840
2014 $1,042 $13,860 $1,620 $12,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 804991

IRES MLS

APN: 95262-80-004