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Loveland 80538
2525 Cedar Drive
$354,000
● House - Off Market

2525 Cedar Drive

Loveland, CO 80538
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,279 Ft²
$413,463
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Beautiful remodeled home in central Loveland! This home is full of charm, open, bright and updated throughout. The house has new roof, hot water heater, additional insulation in attic, double pane windows, tile flooring, refinished original hardwood floors, new electrical with upgraded service, new plumbing, new fixtures, paint inside and out, new doors. New large kitchen with stainless steel appliances! Sun-room is vented and plumbed with heat & a/c!
Unit Size
1,279 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$266
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (REcolorado MLS #RECIR935473)

Price History

Date / Event Date Event Price
Apr 15, 2021 Sold
Premium
Sold
Mar 16, 2021 Listed by HomeSmart Realty Partners FTC $339,999
Listed by HomeSmart Realty Partners FTC
Jul 18, 2019 Sold
Premium
Sold
Jul 17, 2019 No longer available -
No longer available
Jul 4, 2019 Price Decreased $315,000
↓ $5K (1.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,383
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLEN ARBOR
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 24, BLK 2, GLEN ARBOR, LOV

Neighborhood

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

Zoning

  • Zoning: R1E

Geography

  • Assessors Map Reference: 95122
  • Account Number: R0373265
  • Parcel: R0373265
  • Block: 2
  • Lot: 24
  • Meridian: SEC 12 TWN 5N RNG 69W
  • Municipality: LOVELAND
  • Latitude: 40.4192
  • Longitude: -105.075

    Address

  • Full Address: 2525 Cedar Dr
  • Address - House Number: 2525
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Loveland
  • Carrier Code: C035
  • 4-Digit Zip Code: 3224
  • Zip Code: 80538

Valuation

    Tax

  • Total Area: 1,032
  • Tax Year: 2023
  • Tax Amount: $181,263
  • Tax Rate Code Area: 2200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 412,116
  • High Value: 477,193
  • Low Value: 347,040

    Market Valuation

  • Market Total Value: $406,500
  • Market Land Value: $40,000
  • Market Improvement Value: $366,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $27,236
  • Assessed Land Value: $2,680
  • Assessed Improvements Value: $24,556

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210038245
  • Previous Sale Recording Date: Jul 18, 2019
  • Previous Sale Contract Date: Jul 12, 2019
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Loveland

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$272

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2067 ft²

Average Home Age

28.8 years

Currently For Sale

709 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1292 E 6th St, CO, 80537

$1,467 /mo

  • 1 Bed
  • 1 Bath
1292 E 6th St, CO, 80537 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 2525 Cedar Drive built and last sold?
The property at 2525 Cedar Drive was built in 1957 and last sold on Apr 14, 2021 for $354,000.
How much is this home worth?
The estimated value of the home located at 2525 Cedar Drive is $0.
What are some comparable homes to 2525 Cedar Drive?
There are currently no comparable homes to 2525 Cedar Drive.
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