$440,000
SOLD MAR 7, 2025

1120 E 15th St Unit 1120-1122 Loveland, CO 80538

4 Beds
2 Baths
1,536 Sq Ft
7,126 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

5% Below List Price

231 Days on Market

Highlights

  • Open Floorplan
  • Patio
  • North Facing Home
  • No HOA
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of March 2025

Prime location duplex offering- Income property built in 1968 with R3e - Established High Density Residential Zoning. 1120-1122 E 15th Street is a stable investment opportunity with one legacy tenant. New Roof in 2023. Side by side duplex with each side offering 2 beds and 1 bath with fenced backyard and in unit laundry. 1120 side has recently been remodeled with LVT flooring, butcher block countertops, new light fixtures, fresh paint, and new hardware. 1122 side is occupied. Unit is leased through 8/31/2025 for 24-25 year at a rental rate of $1375/month. Prospective rent for remodeled unit 1120 is $1600/month. There are 2 parking spaces, 1 for each unit with on street parking available in the front of the units.

Last Agent to Sell the Property

Dakota Sedillo

Oneway.realty

Last Buyer's Agent

Cindy Waltemath

Turn Key Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,991

Year Built

  • Built in 1968

Lot Details

  • 7,126 Sq Ft Lot
  • North Facing Home
  • Partially Fenced Property

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Electric Oven or Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Schools

  • Peakview Academy At Conrad Ball Elementary And Middle School
  • Mountain View High School

Additional Features

  • Patio
  • Mineral Rights Excluded
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0379514

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 21883 Silver Lake Add Subdivision

Building Details

  • Gross Income $34,800
  • Net Operating Income $32,809

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,991

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Year Built: 1968
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: 21883 - SILVER LAKE ADD
  • Directions: This property is located at 1120-1122 E 15th St in Loveland Colorado 80538. From Hwy 34 and N. Madison Ave go North on Madison to E 16th St go West to E 15th St go East on E 15th St property is on the south side of E 15th St.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Sidewalks, Mineral Rights Excluded
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Peakview Academy at Conrad Ball
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Peakview Academy at Conrad Ball

Lot Info

  • Zoning: R3e
  • Lot Size Sq Ft: 7126
  • Parcel #: R0379514
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1991.13

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34800
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 1991.13

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $440,000 +2.3% $286 / Sq Ft
08/07/2024 08/07/24 Price Changed $430,000 -7.5% $280 / Sq Ft
07/19/2024 07/19/24 For Sale $465,000 -- $303 / Sq Ft
Source: IRES MLS

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 $1,991 $29,554 $8,040 $21,514
2024 $1,991 $29,554 $8,040 $21,514
2022 $1,747 $21,950 $8,160 $13,790
2021 $1,834 $23,080 $8,580 $14,500
2020 $1,577 $19,834 $8,580 $11,254
2019 $1,550 $19,834 $8,580 $11,254
2018 $1,398 $16,992 $8,640 $8,352
2017 $1,204 $16,992 $8,640 $8,352
2016 $999 $13,620 $9,552 $4,068
2015 $991 $13,620 $9,550 $4,070
2014 $903 $12,010 $5,570 $6,440
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $17,281 New Conventional
Open $432,030 FHA
Previous Owner $121,100 New Conventional
Previous Owner $128,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $440,000 First American Title
Warranty Deed $305,000 First American
Warranty Deed -- None Available
Personal Reps Deed $160,000 Fahtco
Source: Public Records

Similar Homes in Loveland, CO

  • 1322 Washington Ave, Loveland, CO 80537

    $500,000

    • 5 Beds
    • 2 Baths
    • 1,834 Sq Ft
    • 1322 Washington Ave
    • Loveland, CO

    Here's your chance to own a solid and desirable duplex in central Loveland. This property offers one two bedroom unit and a larger three bedroom unit with solid rental history. This unique property has two parking spaces in front for the front unit and alley access from behind allowing parking for the back unit.

    Geoff Frahm Group Loveland

    Section Image
  • 2112 E 18th St, Loveland, CO 80538

    $440,000

    • 5 Beds
    • 2 Baths
    • 2,106 Sq Ft
    • 2112 E 18th St
    • Loveland, CO

    Investment Opportunity!! This Beautiful Ranch in the conveniently located Allendale Subdivision is close to schools, shopping, biking/hiking trails, Centerra, I-25, Boyd Lake and more. Completely finished basement with full kitchen and bar. New Luxury Vinyl, updated lighting fixtures, new Furnace, new AC, new gutters, new garage door opener, newly installed sod, new dishwasher, new upstairs

    Brett Shafer Ambassador Colorado

    Section Image
  • 1244 N Lincoln Ave, Loveland, CO 80537

    $500,000

    • 2 Beds
    • 3 Baths
    • 2,032 Sq Ft
    • 1244 N Lincoln Ave
    • Loveland, CO

    Unique Loveland property in a prime location! Just a few blocks from downtown! Mixed use tri-plex has 2 office suites facing Lincoln & residential unit in the back! Off street & on street parking, 3 phase power, 1" gas line, new roof in 23. Owner financing possible. Tucked away in the back, the property takes advantage of the large corner lot w/ a 2 bedroom 1 bath & several flex spaces that could

    Rick Scott Coldwell Banker Realty-NOCO

    Section Image
  • 1245 E 6th St, Loveland, CO 80537

    $465,000

    • 4 Beds
    • 2 Baths
    • 1,587 Sq Ft
    • 1245 E 6th St
    • Loveland, CO

    Located on a private cul-de-sac, this solid investment has a consistent tenancy, and low maintenance opportunity. Two bedrooms, one bathroom and a garage round out this opportunity to invest, or have your neighbor pay a portion of your mortgage. This property has a solid rental has had zero vacancy for several years.

    Geoff Frahm Group Loveland

    Section Image
  • 1257 E 6th St, Loveland, CO 80537

    $475,000

    • 4 Beds
    • 2 Baths
    • 1,587 Sq Ft
    • 1257 E 6th St
    • Loveland, CO

    Located on a private cul-de-sac, this solid investment has a consistent tenancy, and low maintenance opportunity. Two bedrooms, one bathroom and a garage round out this opportunity to invest, or have your neighbor pay a portion of your mortgage. This property has a solid rental has had zero vacancy for several years.

    Geoff Frahm Group Loveland

    Section Image
  • 233 W 3rd St, Loveland, CO 80537

    $545,000

    • 4 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 233 W 3rd St
    • Loveland, CO

    Hard to find, brick "side by side" duplex in Old Town Loveland, just a short 2.5 block walk from The Foundry, and all that downtown Loveland has to offer. Hardwood floors, updated bathrooms, open layout, both sides have a private back yard and a fenced front yard. Number 233 (on the right) has direct alley access for off street parking, and a decent shed for extra storage. Number 235 (on the

    Tim Anderson C3 Real Estate Solutions, LLC

    Section Image
  • 1714 W 8th St, Loveland, CO 80537

    $520,000

    • 4 Beds
    • 2 Baths
    • 1,806 Sq Ft
    • 1714 W 8th St
    • Loveland, CO

    Looking for a solid investment with great rental potential? Look no further! This charming 2-unit duplex features 2 beds, 1 bath in each unit, and a fenced yard perfect for outdoor enjoyment. Both sides are currently tenant-occupied, making it a hassle-free income property from day one! Unit 1716 has been recently updated, adding modern appeal to this already fantastic property. Located just 3

    Abigail Cornejo LoKation Real Estate

    Section Image
  • 105 49th St SW, Loveland, CO 80537

    $525,000

    • 6 Beds
    • 2 Baths
    • 1,936 Sq Ft
    • 105 49th St SW
    • Loveland, CO

    Incredible multi-family investment opportunity in Loveland, Colorado! This charming property features a 1,925 square foot building with 2, three bedroom/one bathroom units, with attached garages. Landlord pays water/sewer and Tenants pay all other utilities. This property is ideal for any prospective Multifamily/Low- Rise investor. Built in 1964 and zoned Rural Residential (RR2) per Larimer

    Keith Kanemoto RE/MAX Elevate

    Section Image

Source: IRES MLS

MLS Number: 1014726

IRES MLS

APN: 95124-13-013