NOT LISTED FOR SALE
26 Beds
24 Baths
18,955 Sq Ft
0.28 Acres

Last Sold August 28, 2013

Last sale price $5,500,000 $290 Per Sq Ft

19 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Central Air
  • Flatirons Elementary School Rated A
  • Patio
  • 1-minute walk to Beach Park

About This Home

As of August 2013

Truly remarkable legacy asset on the University Hill. Gutted and renovated in 2002, with a complete overhaul in 2011. Grade A finishes that appeal to the most discriminating, high net worth CU students. This is the most prestigious address on the hill. Enormous units, underground heated parking, 2000+ sqft rooftop balcony. Fireplaces, AC, granite and stainless throughout. 6.0% cap rate, 13 GRM, call to schedule a preview

Last Listed By

Caldwell Sullivan

Four Star Rlty & Prop Mgmt Listed on: 08/09/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,460

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • Sprinkler System

Home Design

  • Property Attached
  • Brick Veneer
  • Rubber Roof

Interior Spaces

  • 18,955 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Window Treatments
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 26 Bedrooms
  • 24 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Flatirons Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • Central Air
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, exterior maintenance, trash collection
  • Assessor Parcel Number R0001379

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • University Place Subdivision

Building Details

  • Gross Income $420,600
  • Net Operating Income $332,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,460

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.28
  • Subdivision Name: University Place
  • Directions: S.W. Corner of 12th and Euclid on University Hill
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Has Basement: Full
  • Total Bedrooms: 26
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Rubber
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Flatirons
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: RH-5
  • Lot Size Sq Ft: 12240
  • Parcel #: R0001379
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Exterior Maintenance, Trash Collection

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 27460

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 420600
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 88130

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2020 06/07/20 Off Market $5,500,000 -- --
08/28/2013 08/28/13 Sold $5,500,000 0.0% $290 / Sq Ft
08/09/2013 08/09/13 For Sale $5,500,000 -- $290 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 716578

IRES MLS

APN: 1463-31-3-07-013