Neighborhood
640 W 3rd St, Loveland, CO 80537
5 beds · 3 baths · 2,350 sq ft · Lot: 11,675 sq ft · Single Family Home · Built: 1908
Est. Value:
$706K
Est. Rent:
$1.6K/month

640 W 3rd St Loveland, CO 80537

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5 beds · 3 baths · 2,350 sq ft · Lot Size: 11,675 sq ft · Single Family Home · West Central Loveland
Est. Property Value: $705,681

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640 W 3rd St is in the West Central Loveland neighborhood of Loveland, CO. It is located in Larimer County and ZIP code 80537. This Single Family Home was built in 1908 and is approximately 117 years old. The single family home spans 2350 sq ft with 5 bedrooms and 3 bathrooms and sits on a 11675 sq ft lot. According to public records, it was sold for $27,300 and has a tax-assessed value of $714,700, which is $300 per sq ft. The West Central Loveland area of Loveland has 235 residential homes with an average size of 2212 sq ft. Analyze and compare real estate investment strategies for properties like this home at 640 W 3rd St Loveland, CO 80537 with Property Intel by Whitepages.

Investment Potential for 640 W 3rd St

The property has a current estimated value of $705,681, which is 27% above the neighborhood median, based on public records. It last sold for $27,300. Projected long-term
is $19,200 annually ($1,600 per month) with a 96% occupancy rate.

Discover more Single Family Homes in West Central Loveland.

Long-Term

Gross Rental
$19,200 per year($1,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 80537 zip code
 
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Owners & Occupancy for 640 W 3rd St

This property is owned by David J French. Owner contact information includes 4 phone numbers and 2 email addresses.

Property Owners

Cell Phone(970) ***-****View Cell Phone
Residence************
Landline(970) 330-7536
Distance from Property**********
Email Address************@aauw.orgView Email
Cell Phone(972) ***-****View Cell Phone
Residence************
Landline(919) 435-1729
Distance from Property**********
Email Address*******@optonline.netView Email

Property Ownership Information

Property Tax Amount$2,886 in 2023
Purchase Price$27,300

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 73
Resident 2************** age 73

Property Details for 640 W 3rd St

Property Details

Property Sq Ft

Living Area

2,350 sq ft

6% above market

Lot Size

11,675 sq ft

37% above market

Price Per Sq Ft

Living Area

$300 / sq ft

10% above market

Lot Size Area

$60 / sq ft

9% below market

Property condition, age, exterior, etc. for 640 W 3rd …
Longitude: -105.085991 Latitude: 40.394303 Parcel Number (APN): R0406619…
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Recommended Properties in West Central Loveland

Discover more single family homes near 640 W 3rd St in Loveland, Colorado. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 640 W 3rd St in Larimer County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$705,681
$706,639
-$957 (0%)
$845,136
-$38,925 (-5%)
YoY Price Change
1.64%
754%
Year Built
1908
1996
-88 years
Living Space
2,350 sq ft
2,693 sq ft
-343 (-13%)
$ Per Living Sq Ft
$300
$284
$16 (6%)
Lot Size
11,675 sq ft
9,122 sq ft
2553 (28%)
$ Per Lot Sq Ft
$60
$82
-$22 (-26%)

Net Operating Income
$25,314
-$16,659 (-66%)
Annual Revenue
$19,200
$37,200
-$18,000 (-48%)
$12,197
-$1,652 (-14%)
Net Operating Income
$25,314
-$16,659 (-66%)
Cap Rate
3.64%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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