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Loveland 80537
388 Cholla Dr
$241,800
● House - Off Market

388 Cholla Dr

Loveland, CO 80537
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,763 Ft²
$443,921
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

This Carbondale two story has 3 beds, pocket office, 2.5 baths, and extended 2 car garage. Open floor plan w/ 10' ceilings, many finished storage closets. Plan features maple cabinets, kitchen island. 5-Piece master bath. Main floor laundry room, front & side yard landscaping, and backs to open space.
Unit Size
1,763 Ft²
Days on Market
259 days
Land Size
0.13 acres
Price per sqft
$135
Property Type
House
Property Taxes
$0
HOA Dues
$40
Year Built
2013

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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 (IRES MLS #712684)

Price History

Date / Event Date Event Price
Jul 10, 2023 Sold
Premium
Sold
May 18, 2023 Listed by RE/MAX Alliance-FTC South $515,000
Listed by RE/MAX Alliance-FTC South
May 27, 2014 Sold
Premium
Sold
Jun 17, 2013 Listed by RE/MAX Alliance-FTC South $237,500
Listed by RE/MAX Alliance-FTC South

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 720
  • Garage Type: 1
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,537
  • Total Building Area: 3,256
  • Gross Building Area: 3,256
  • Building Area: 1,990
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,990
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIERRA VALLEY FIRST SUB, LOV (2006004430
  • Land Acres: 0000000127
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 12, BLOCK 3, SIERRA VALLEY FIRST SUB, LOV (20060044309)

Neighborhood

  • School District Name: Thompson School District R-2J
  • Census Tract: 002008

Zoning

  • Zoning: P81

Geography

  • Assessors Map Reference: 95261
  • Account Number: R1641503
  • Parcel: R1641503
  • Block: 3
  • Lot: 12
  • Meridian: SEC 26 TWN 5N RNG 69W
  • Municipality: LOVELAND
  • Latitude: 40.3739
  • Longitude: -105.08

    Address

  • Full Address: 388 Cholla Dr
  • Address - House Number: 388
  • Address - Street Name: Cholla
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Loveland
  • Carrier Code: C010
  • 4-Digit Zip Code: 6963
  • Zip Code: 80537

Valuation

    Tax

  • Total Area: 1,990
  • Tax Year: 2023
  • Tax Amount: $235,466
  • Tax Rate Code Area: 2205

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 511,736
  • High Value: 585,735
  • Low Value: 437,737

    Market Valuation

  • Market Total Value: $511,600
  • Market Land Value: $93,400
  • Market Improvement Value: $418,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $34,277
  • Assessed Land Value: $6,258
  • Assessed Improvements Value: $28,019

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 29028
  • Previous Sale Recording Date: May 27, 2014
  • Previous Sale Contract Date: May 23, 2014
  • Previous Sale Amount: $241,800
  • 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

2083 ft²

Average Home Age

28.6 years

Currently For Sale

713 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

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IRES

Listed by: Rollin Goering, RE/MAX Alliance-FTC South
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 712684
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively 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 not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 388 Cholla Drive built and last sold?
The property at 388 Cholla Drive was built in 2013 and last sold on Jul 7, 2023 for $515,000.
How much is this home worth?
The estimated value of the home located at 388 Cholla Drive is $0.
What are some comparable homes to 388 Cholla Drive?
There are currently no comparable homes to 388 Cholla Drive.
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