$545,000
UNDER CONTRACT

233 W 3rd St Loveland, CO 80537

Estimated payment $3,221/month

Total Views 2,562
4 Beds
2 Baths
1,800 Sq Ft
$303 Price per Sq Ft

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • No HOA
  • Brick Veneer
  • High Speed Internet

About This Home

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 left) has a brick patio, a storage shed and is fully fenced. Both units have relatively recent major systems upgrades, with furnaces, AC units and roof and windows replaced in 2016. Typical rent for something like this would be $1,600 / month, or more if you wanted to make some updates! Better yet, house hack this one and live in one side, and rent the other. Qualifies for FHA financing, so no large down payment required if you want to get your foot on the property ladder!

Listing Agent

Tim Anderson

C3 Real Estate Solutions, LLC

C3 Real Estate Solutions, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 1965

Lot Details

  • 5,279 Sq Ft Lot
  • Wood Fence

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R0406007

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Rists Subdivision

Building Details

  • Gross Income $38,400
  • Net Operating Income $34,058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,142

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: Rists
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 4
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel
  • 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, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Truscott
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 5279
  • Parcel #: R0406007
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2142

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4342

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,066 $30,525 $3,015 $27,510
2024 $2,066 $30,525 $3,015 $27,510
2022 $1,909 $23,997 $3,060 $20,937
2021 $2,005 $25,233 $3,218 $22,015
2020 $2,256 $28,379 $3,218 $25,161
2019 $2,218 $28,379 $3,218 $25,161
2018 $1,549 $18,821 $3,240 $15,581
2017 $1,334 $18,821 $3,240 $15,581
2016 $1,181 $16,103 $3,582 $12,521
2015 $1,171 $16,100 $3,580 $12,520
2014 $996 $13,250 $3,580 $9,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 For Sale $545,000 +60.3% $303 / Sq Ft
01/28/2019 01/28/19 Off Market $340,000 -- --
12/13/2016 12/13/16 Sold $340,000 0.0% $189 / Sq Ft
12/13/2016 12/13/16 For Sale $340,000 -- $189 / Sq Ft
Source: IRES MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $340,000 First American Title
Special Warranty Deed $135,000 Wtg
Trustee Deed -- None Available
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 New Conventional
Open $50,000 New Conventional
Open $255,000 New Conventional
Previous Owner $140,500 New Conventional
Previous Owner $135,000 Future Advance Clause Open End Mortgage
Previous Owner $11,954 FHA
Source: Public Records

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Source: IRES MLS

MLS Number: 1029425

IRES MLS

APN: 95144-48-014