4 months on rocket

3609 Butternut Dr, Loveland, CO, 80538

$925,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Baths
House
Schools Nearby

Location

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3609 Butternut Dr, Loveland$925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year Built1971
HeatingRadiant
MLS #1000172
Lot Size0.31 Acres
StatusActive
(Active/Backup)

About 3609 Butternut Dr

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1971
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams Realty NoCo
  • Office Phone: (970) 449-7100
  • Listing Agent: Benjamin Blonder

Interior Features

Interior Information:

  • Appliances: Disposal
  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Radiant

School Info

Assigned Schools Information:

  • Loveland High School, Public District Grades 9-12
  • Lucile Erwin Middle School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 37th St west of 287 to Sheridan, south to Butternut, east to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $925,000

Tax Information:

  • Annual Amount: $2,843
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Loveland, CO.

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Loveland, CO

City

Med. Sold Price

$499.6K

Med. Price/SqFt

$274

Avg. Days On Market

63

# of Sold Homes

118

3609 Butternut Dr vs Loveland

148 DAYS ON ROCKET

+85 Days

$925,000

+$425.3K More

KEY TAKEAWAY

This property is $425.3K more than the Median Sold Price in Loveland, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IRES MLS
  • MLS Number: #1000172

Listing Office:

  • Office Name: Keller Williams Realty NoCo
  • Office Phone: (970) 449-7100
  • Listing Agent: Benjamin Blonder

IDXInformation source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright © 2024 IRES

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Broker Reciprocity is the current compilation of active listings of all Broker Reciprocity subscribers except those listings where the seller or the seller’s agency has opted out of Internet publication by so indicating on the listing contract or by written notice to the Multiple Listing Service. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

Note: Any Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2020Home Sold
$626,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,843$35,750
2019$2,103$36,000
2018$1,811$25,560
2017$1,751$25,560

History based on county public records data.

Payment Calculator

$4,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,840

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1054935
5
/10

  • Lincoln Elementary School

  • 3312 Douglas Ave

  • 0.36 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1054936
3
/10

  • Lucile Erwin Middle School

  • 4700 Lucerne Ave

  • 1.64 miles

  • Public District Grades 6-8

High School

school-card-donut-1054937
6
/10

  • Loveland High School

  • 920 W 29th St

  • 0.71 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,486. The majority of Loveland, CO residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3609 Butternut Dr

What is the listing price of this property?

The listing price of 3609 Butternut Dr property is $925,000.

What type of property is this?

The property 3609 Butternut Dr is a house located in Loveland, Colorado, 80538.

Is this property for sale now?

Active Listing: 3609 Butternut Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3609 Butternut Dr are:
Lincoln Elementary School: GreatSchools Rating 5/10
Lucile Erwin Middle School: GreatSchools Rating 3/10
Loveland High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,843 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2020 for $626,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3609 Butternut Dr has 8 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 3609 Butternut Dr is 1971.

Rocket Homes›Colorado›Larimer County›Loveland›80538›3609 Butternut Dr

This home is located at 3609 Butternut Dr in Loveland, CO and zip code 80538. This home, which was built in 1971, sits on a 0.31 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 30, 2023 and is currently priced at $925,000.

Over 32 listings were sold over their listed price in March 2024 in Loveland, CO. In the same period over 41 listings were sold below the listed price and 45 listings were sold for the listed price. The inventory of homes for sale in Loveland, CO between February 2024 and March 2024 increased by 16.3%. In March 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $499,642.

From Rocket Homes Real Estate and based on county public records data.

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