3 months on rocket

901 W Kelly Dr, Loveland, CO, 80537

$535,000

Home List Price

$6,353*

Closing Credit

4 Bedrooms
2 Baths
1,416 SqFt
$378/SqFt
Multi

Location

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901 W Kelly Dr, Loveland$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage1 space
Year Built1963
HeatingForced Air
CoolingNone
ViewMountain(s)
MLS #4068132
Lot Size0.13 Acres
StatusActive

About 901 W Kelly Dr

Attention investors! Don't miss this fantastic investment opportunity just one mile west of downtown Loveland. Perfect for both seasoned investors and first-time home buyers looking to offset mortgage payments with rental income, this duplex promises immediate returns and future potential. Property Highlights: Address: 901-903 W Kelly Dr, Loveland, CO 80537 Unit 901: Currently leased at $1,650/month to a stable tenant, ensuring consistent income. This unit features 792 square feet, an attached garage, and a backyard with a patio overlooking the scenic Barnes River. Unit 903: Newly renovated and ready to rent, with a potential rental income of $1,500 to $1,700/month. Recent updates include a newly tiled kitchen and bath, fresh paint, refinished oak flooring, upgraded doors and trim, new electrical outlets/covers, and new baseboards. Features: Both units boast hardwood floors. Proximity to downtown Loveland, parks, and schools ensures high demand for rental units. Unit 901 comes equipped with a washer and dryer. The seller is willing to install a washer and dryer in Unit 903 if desired by the buyer, with the option of a stackable unit in the closet, which may reduce storage space. This well-designed duplex is a prime addition to any investment portfolio, offering immediate income and the potential for future growth. Don't miss out on this opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1963
  • Living Area: 1,416 SqFt

Listing Office:

  • Office Name: TRELORA Realty, Inc.
  • Office Phone: (720) 410-6100
  • Listing Agent: Trelora Realty Team

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Basement: No
  • Interior: Eat-in Kitchen, Open Floorplan

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Directions from the nearest highway, US-287 S: 1. Exit US-287 S and turn west onto 14th St SW. 2. Continue straight for 1.7 miles, then turn right onto S Taft Ave. 3. In 0.5 miles, turn left onto W 1st St. 4. Drive 1 mile and then turn right onto N Lincoln Ave. 5. Take a left onto W Kelly Dr after 0.1 miles; your destination, 901-903 W Kelly Dr, will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $535,000
  • Price Per SqFt: $378/SqFt

Tax Information:

  • Annual Amount: $1,839
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Loveland, CO.

Med. Sold Price

$509.9K

Med. Price/SqFt

$273

Avg. Days On Market

48

# of Sold Homes

108

901 W Kelly Dr vs Loveland

118 DAYS ON ROCKET

+70 Days

$535,000

+$25K More

$378/SqFt

+$104 More

KEY TAKEAWAY

This property is $25K more than the Median Sold Price and $104/SqFt more than other homes in Loveland, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #4068132

Listing Office:

  • Office Name: TRELORA Realty, Inc.
  • Office Phone: (720) 410-6100
  • Listing Agent: Trelora Realty Team

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Presented by Rocket Homes Real Estate, LLC
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Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:12:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 27, 2015Home Sold
$231,000
Aug 14, 2009Home Sold
$180,000
Jan 28, 2004Home Sold
$162,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,839$23,124
2019$1,490$23,285
2018$1,284$18,115
2017$1,208$18,115

History based on county public records data.

Payment Calculator

$2,738

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,670

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-332802
5
/10
  • Garfield Elementary School

  • 720 Colorado Ave

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-332803
4
/10
  • Sarah Milner Elementary School

  • 743 Jocelyn Dr

  • 1.20 miles

  • Public District Grades KG-5

school-card-donut-332804
7
/10
  • Truscott Elementary School

  • 211 W 6th St

  • 1.20 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,823. Residents of Loveland, CO typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesColoradoLarimer CountyLoveland80537901 W Kelly Dr

This home is located at 901 W Kelly Dr in Loveland, CO and zip code 80537. This 1,416 square foot home, which was built in 1963, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $535,000.

In October 2024, from all listings sold in Loveland, CO there were more than 6 sold above asking price, over 59 sold below and more than 43 were sold right at the asked price. The number of listings in Loveland, CO increased by 7.7% between September 2024 and October 2024. In October 2024 median list price was $509,966 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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