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Sold for $530,000
  • $530,000

    3220 Butternut Drive, Loveland, CO 80538

    5beds
    2baths
    1,965sqft
    Duplex
    Built in 1967
    -- sqft lot
    $552,400 Zestimate®
    $270/sqft
    $1,628 Estimated rent

    Home value

    $552,400

    $525,000 - $586,000

    $1,628/mo

    Zestimate® history
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    $1,628/mo

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    $1,628/mo

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    $3,112/mo

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    $3,112/mo

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    What's special

    Discover an exceptional opportunity to live in one side of this updated duplex while the other unit helps pay your mortgage, or expand your real estate portfolio with a property that offers great rental potential. This well-maintained duplex features two fully updated units, each with newer flooring (no carpet!), modernized kitchens and bathrooms, fresh paint, and newer furnaces and water heaters. Both units are currently leased at market value until August 2025, providing immediate income for the savvy investor.Unit 3222 is a 3 bedrooms, 1 bathroom, an attached garage, a storage shed, and a spacious fenced backyard. Unit 3220 offers 2 bedrooms, 1 bathroom, a charming front porch, and a fenced side yard, making it ideal for those seeking a cozy and private living space. The property also includes a large shared front yard with ample on and off street parking because of the corner lot, adding to the appeal for renters. This duplex is a rare find that combines modern updates, strong rental income, and the flexibility to suit a variety of investment strategies. Schedule a tour today and see for yourself how this duplex can be the perfect addition to your real estate portfolio!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kendra Bajcar 970-571-0525 kendrabajcar@gmail.com,

    LPT Realty

    Bought with:

    Kenneth Allen

    Milestone Real Estate Inc

    Source: REcolorado as distributed by MLS GRID,MLS#: 6759062MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Air Conditioning-Room
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Oven, Washer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Laminate Counters, No Stairs, Open Floorplan
    • Flooring: Laminate, Tile
    • Basement: Crawl Space
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,965
    • Total interior livable area: 1,965 sqft
    • Finished area above ground: 1,965

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch
    • Fencing: Full
    Lot
    • Features: Corner Lot, Level
    Details
    • Parcel number: R0351725
    • Zoning: R3E
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Sunset Acres
    HOA
    • Has HOA: No
    Location
    • Region: Loveland

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $492,300
    • Annual tax amount: $2,359
    • Date on market: 8/27/2024
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Exclusions: Tenants Personal Property
    • Ownership: Agent Owner

    Price history

    DateEventPrice
    9/25/2024Sold$530,000-4.5%$270/sqft
    Source: REcolorado as distributed by MLS GRID #6759062 Report a problem
    9/10/2024Pending sale$555,000$282/sqft
    Source: REcolorado as distributed by MLS GRID #6759062 Report a problem
    8/27/2024Listed for sale$555,000+18.1%$282/sqft
    Source: REcolorado as distributed by MLS GRID #6759062 Report a problem
    9/7/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    8/10/2022Listed for rent$1,450$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    6/3/2022Listing removed--
    Source: RE/MAX International Report a problem
    5/11/2022Pending sale$470,000$239/sqft
    Source: RE/MAX International #964885 Report a problem
    5/7/2022Listed for sale$470,000+91.8%$239/sqft
    Source: RE/MAX International #964885 Report a problem
    12/16/2016Sold$245,000+11.4%$125/sqft
    Source: Public Record Report a problem
    10/1/2001Sold$219,900$112/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,631 +7.6%$30,769 -10.4%
    2024$2,446 +17.2%$34,331 -1%
    2023$2,087 -4.8%$34,664 +32.1%
    2022$2,192 +10.1%$26,234 -4.9%
    2021$1,992 +1.7%$27,585 +10.1%
    2020$1,958 +34.9%$25,047 -0.7%
    2019$1,452 $25,222 +43%
    2018$1,452 $17,640
    2017$1,452 +16.1%$17,640 -6.7%
    2016$1,250 -9.1%$18,913 +0%
    2015$1,376 +19.2%$18,910 +23.2%
    2014$1,154 $15,350
    2013-- $15,350 +5.9%
    2012-- $14,500
    2011-- $14,500 -6.3%
    2010-- $15,470
    2009-- $15,470 -9.2%
    2008-- $17,030
    2007-- $17,030 +13.5%
    2006-- $15,000
    2005-- $15,000 -6.1%
    2004-- $15,980 +3.6%
    2002-- $15,430
    2001-- $15,430
    Find assessor info on the county website

    Neighborhood: 80538

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lincoln
    • Middle: Lucile Erwin
    • High: Loveland
    • District: Thompson R2-J

    Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $552,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $552,400