#IR1037988, Robert Maize, Listing office: PBS Properties, LLC
#IR1036448·
Listing office: C3 Real Estate Solutions, LLC·
Listing agent: Morgan Merriman·
Listing office phone: 9702255152
$440,000 List price
1005 Shortleaf Ct Loveland, CO 80538
0.2 acres
House
Property details
About 1005 Shortleaf Ct
Investor Special - Turnkey Rental with Strong Cash Flow & Recent Upgrades! This 4-bedroom, 2-bathroom ranch-style home is a solid investment opportunity located in a desirable neighborhood near parks, restaurants, shopping, and beautiful Silver Lake. The property features a 1-car attached garage, RV and boat parking, and a large backyard, making it attractive for both tenants and long-term value. Currently leased through October 2025 to excellent, reliable tenants, this home delivers immediate rental income with a solid 6.26% cap rate and dependable cash flow. Investors must honor the current lease, offering a seamless transition with no vacancy risk. The home has seen key updates, including a remodeled basement bathroom (2023), a new furnace (2020), and a brand new water heater (May 2025)--providing peace of mind and reduced maintenance costs for years to come. This is a hands-off, income-producing property in a strong location with great tenants already in place. Don't miss your chance to secure this turnkey rental in a growing market!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCeiling Fan(s)
BasementYes
Lot size0.23 Acres
Year built1964
MLS #IR1036448
Summary
- Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
- Basement: Yes
- Interior: Eat-in Kitchen
- Architectural Style: Contemporary
- Heating: Forced Air
- Cooling: Ceiling Fan(s)
- List Price: $440,000
- Annual Tax Amount: $1,989
- Tax Year: 2023
- Lot: Cul-De-Sac, Level
- Directions: GPS
- Year Built: 1964
- Lot Size: 0.23 Acres
- MLS Number: IR1036448
- MLS Name: RECOLORADO
- Office Name: C3 Real Estate Solutions, LLC
- Office Phone: (970) 225-5152
- Listing Agent: Morgan Merriman
Listings courtesy of REColorado as distributed by MLS GRID.
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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
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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: 7/20/2025, 1:42:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 09, 2022 | Home Sold | $389,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $29,527 | $1,989 |
| 2022 | $21,628 | $1,720 |
| 2021 | $22,251 | $1,768 |
| 2020 | $19,069 | $1,516 |
| 2019 | $19,202 | $1,319 |
| 2018 | $16,034 | $1,136 |
| 2017 | $16,034 | $1,063 |
History based on county public records data.
Nearby schools
4
Monroe Elementary School
Public District KG-5
0.3 mi
•1500 Monroe Ave
3
Mary Blair Elementary School
Public District KG-5
0.7 mi
•860 E 29th St
7
Truscott Elementary School
Public District KG-5
1.2 mi
•211 W 6th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,406. Typical income of Loveland, CO residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
22%
<35k
59%
35k-100k
20%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
10%
Single, with Kids
34%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
41%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Horse Races
PGA/LPGA
College Basketball
Where do the neighbors shop?
Stein Mart
Dillards
Sam's Club
Where do the neighbors go to eat?
LongHorn Steakhouse
Bonefish Grill
Logan's Roadhouse
What do the neighbors drive?
Buick
Lincoln
Hyundai
What do the neighbors listen to?
Contemporary Inspirational
Classical
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1005 Shortleaf Ct
The listing price of 1005 Shortleaf Ct property is $440,000.
The property 1005 Shortleaf Ct is a house located in Loveland, Colorado, 80538.
Active Listing: 1005 Shortleaf Ct is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1005 Shortleaf Ct are: Monroe Elementary School (GreatSchools Rating 4/10), Mary Blair Elementary School (GreatSchools Rating 3/10), Truscott Elementary School (GreatSchools Rating 7/10), Peakview Academy at Conrad Ball (GreatSchools Rating 2/10), Bill Reed Middle School (GreatSchools Rating 3/10), New Vision Charter School (GreatSchools Rating 6/10), Loveland High School (GreatSchools Rating 6/10), Harold Ferguson High School (GreatSchools Rating 2/10), Mountain View High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,989 (source: MLS/based on county public records data).
The last sale was on September 9, 2022 for $389,000 (source: MLS/tax record).
The property at 1005 Shortleaf Ct has 0 bathroom.
The year of construction for 1005 Shortleaf Ct is 1964.
This home is located at 1005 Shortleaf Ct in Loveland, CO and zip code 80538. Features: 0 bathroom. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $440,000.
Over 35 listings were sold over their listed price in June 2025 in Loveland, CO. In the same period over 51 listings were sold below the listed price and 52 listings were sold for the listed price. Between May and June 2025, Loveland, CO real estate market has seen increase in the number of listings by 13.3%. Listings spent 40 days on the market in June 2025, and had a median list price of $505,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.