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3609 Butternut Dr, Loveland, CO 80538
$925,000
3609 Butternut Dr, Loveland, CO 80538View this property at 3609 Butternut Dr, Loveland, CO 80538
3609 Butternut DrLovelandCO80538
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Property Description
Great investment property in central Loveland, fully rented, 2 parking spots per unit (tandem) and nicely updated. All units painted in the last 2 yrs and new flooring too! All tenants are current and want to renew. Boiler heat ensures low utilities. Nice big well maintained yard to play or relax in. Tenants pay electric, cable and internet, owner pays water, sewer, trash, gas and common area electric. Nice CAP rate based off all units at $1450, which is very reasonable. Current rental rates are $1355, 1375, and $1450 with the owner occupying one of the units as well. This is a simple investment with a nice return! Live in one and rent the other 3? Take some money out of the market and invest in a tangible asset? Make this your next investment!
Full Property Details
Full Property Details for 3609 Butternut Dr
General
- Price: $925,000
- Taxes: $3,387 (2022)
- Status: Active
- Type: Single Family
- MLS ID: 1000172
- Updated: 4/25/2024
- Added to Site: 149 day(s) ago
Interior
- Appliances: All Appliances, Disposal
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Lighting
Location
- Area: Loveland
- County: Larimer
- Subdivision: Sunset Acres
- Driving Directions: 37th St west of 287 to Sheridan, south to Butternut, east to property
School Information
- School District: Thompson R2-J
- Elementary School: Lincoln
- Middle School: Erwin, Lucile
- High School: Loveland
Heating & Cooling
- Heating Type: Radiant
Utilities
- Gas: Natural Gas, Xcel
- Sewer: City Sewer
- Water: City Water, City
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Wood/Frame
- Basement Desc.: None
- Stories/Levels: One,Two
- Year Built: 1971
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 2
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.31
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Curbs, Gutters, Sidewalks
- Best Use: Multi-Family
- Zoning: R3E
- Fencing (Description): Partial, Wood
Financial Considerations
- Tax Amount: $3,387
- Tax Year: 2022
- Tenant Pays: Deposit, Gas, Electricity, Water
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Exclusions: Tenants and owner's personal property
Listed by Keller Williams Realty NoCo (970) 449-7100
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Schools
Schools serving 3609 Butternut Dr
School District:Thompson School District R-2j
Rating | Name | Grades | Distance |
---|---|---|---|
3312 Douglas Ave, Loveland, CO 80538 | K-5 | 0.4 mi | |
4700 Lucerne Ave, Loveland, CO 80538 | 6-8 | 1.7 mi | |
920 W 29th St, Loveland, CO 80538 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3609 Butternut Dr
Date
Details
Price
Change
Source
3/28/2024
Price Reduced
$925,000
-1.54%
MLS
2/19/2024
Price Reduced
$939,500
-1.11%
MLS
1/16/2024
Price Reduced
$950,000
-2.56%
MLS
11/30/2023
Listed
$975,000
55.75%
MLS
8/28/2020
Sold
$626,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3609 Butternut Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,584
1%
$50,250
12%
2021
$3,557
5%
$44,759
5%
2022
$3,387
-5%
$42,568
19%
2021
$3,557
69%
$35,750
40%
2018
$2,104
16%
$25,560
—
2017
$1,811
-35%
$25,560
-29%
2019
$2,795
60%
$35,750
50%
2016
$1,751
1%
$23,880
—
2015
$1,737
20%
$23,880
24%
2014
$1,448
—
$19,260
—
2013
$1,451
—
$19,260
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3609 Butternut Dr
3609 Butternut Dr, Loveland, CO 80538 (MLS# 1000172) is a Single Family property with 8 bedrooms and 0 full bathrooms. 3609 Butternut Dr is currently listed for $925,000 and was received on November 30, 2023. Want to learn more about 3609 Butternut Dr? Do you have questions about finding other Single Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.