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1318 Garfield Avenue

1318 Garfield Avenue, Loveland, CO 80537
Property in Larimer
Sold May 10, 2021
Transfer
$510,000 by Longbridge Financial Llc
Mortgage
Sold Mar 01, 1994
$83,000
1318 Garfield Avenue has been categorized by the local assessors in Loveland, CO as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1318 Garfield Avenue has 1,263 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,277 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of plaster. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Prior to that sales transaction, the property was also sold in Mar 1, 1994 for $83,000. 1318 Garfield Avenue was last assessed in 2024. The total value of the property was assessed at $28,736. Specifically, the land the property is located on was valued at $6,700. While improvements on the property were assessed at a total of $22,036. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,413. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,277
  • Total Building Area: 1,263
  • Gross Building Area: 1,263
  • Building Area: 1,263
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,263
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKESIDE
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N 30.5 FT OF LOT 23 & S 27.7 FT OF LOT 24, AMD BLK 2, LAKESIDE, LOV

Ownership

  • Current Owner : JACOBSEN DENNIS E
  • Current Owner 2: JACOBSEN BARBARA J
  • Previous Owner : JACOBSEN BARBARA J
  • Owner Before Previous Owner: BROWN JACQUELINE LEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Thompson School District R-2J
  • Census Tract: 001804

Zoning

  • Zoning: R1E

Geography

  • Assessors Map Reference: 95132
  • Account Number: R0381535
  • Parcel: R0381535
  • Block: 2
  • Lot: 23,24
  • Meridian: SEC 13 TWN 5N RNG 69W
  • Municipality: LOVELAND
  • Latitude: 40.4062
  • Longitude: -105.077

    Address

  • Full Address: 1318 Garfield Ave
  • Address - House Number: 1318
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Loveland
  • Carrier Code: C006
  • 4-Digit Zip Code: 4761
  • Zip Code: 80537

Valuation

    Tax

  • Total Area: 1,263
  • Tax Year: 2023
  • Tax Amount: $1,413
  • Tax Rate Code Area: 2200

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 435,856
  • High Value: 497,247
  • Low Value: 374,464

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: LONGBRIDGE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Loan Amount: $510,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $428,900
  • Market Land Value: $100,000
  • Market Improvement Value: $328,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $28,736
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $22,036

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Transaction ID: 11834453529
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20210046479
  • Previous Sale Recording Date: Mar 01, 1994
  • Previous Sale Contract Date: Mar 01, 1994
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LONGBRIDGE FINANCIAL LLC
  • First Mortgage Transaction Date: May 10, 2021
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Loveland



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Frequently Asked Questions

What neighborhood is 1318 Garfield Avenue located in?
The 1318 Garfield Avenue is a located in the neighborhood of Larimer in Loveland, Loveland.
What is the average sales price for listings in 1318 Garfield Avenue?
The average sales price for units in 1318 Garfield Avenue is $0 currently.

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