NOT LISTED FOR SALE
12 Beds
4 Baths
3,658 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: December 27, 2022

Last sale price $3,200,000 $875 Per Sq Ft

33 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Heating Available
  • Flatirons Elementary School Rated A
  • Community Storage Space

About This Home

As of December 2022

BOULDER INVESTMENT OPPORTUNITY. This beautiful brick triplex is the ideal student rental. It is located only a of couple blocks from CU campus and Hill restaurants and shops. It has three units with a total of 12 bedrooms. The property is consistently rented and already pre-leased until Aug 2023. Rent roll ($205,200 gross rents) and Cap Rate (4.7%), GRM 16.81. Rent roll and operating expenses available upon request.

Last Agent to Sell the Property

Bianca Griffith

RE/MAX of Boulder, Inc License #100097818 Listed on: 09/12/2022

Last Buyer's Agent

Michael Greenwood

RE/MAX of Boulder, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,686

Year Built

  • Built in 1901

Lot Details

  • 5,227

Home Design

  • Brick Veneer

Interior Spaces

  • 3,658 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Schools

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

Additional Features

  • 5,227 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0006787

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Capitol Hill Bo Subdivision

Amenities

  • Community Storage Space

Building Details

  • Gross Income $205,200
  • Net Operating Income $189,514

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,686

Year Built

Built in 1901

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Year Built: 1901
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: CAPITOL HILL - BO
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3658
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven
  • Has Basement: Full
  • Total Bedrooms: 12
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Individual Heat Source
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, Boulder
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Community Features: Extra Storage
  • Senior Community: No
  • Association: 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: 5227
  • Parcel #: R0006787
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 205200
  • Income Includes: ["Lease/Rents"]

Tax Info

  • Tax Annual Amount: 15686

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Dec 6, 2022
Sold by
Bought by
Seller's Agent
Bianca Griffith
RE/MAX of Boulder, Inc
Buyer's Agent
Michael Greenwood
RE/MAX of Boulder, Inc
List Price
$3,450,000
Sold Price
$3,200,000
Premium/Discount to List
-$250,000
-7.25%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
0.0708%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 13, 2020
Sold by
Bought by

Purchase Details

Closed on
May 13, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
0.0592%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
0.0579%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,100
Interest Rate
0.0657%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,100
Interest Rate
0.0657%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 1975
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,200,000 Land Title
-- None Available
$945,000 --
-- --
-- --
-- --
-- --
$400,000 Heritage Title
$54,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,200,000
Closed $756,000
Closed $298,000
Closed $297,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/27/2022 12/27/22 Sold $3,200,000 -7.2% $875 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $3,450,000 -- $943 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $19,231 $217,600 $68,000 $149,600
2025 $19,231 $217,600 $68,000 $149,600
2024 $17,499 $228,775 $95,525 $133,250
2023 $17,040 $197,315 $67,000 $134,000
2022 $17,074 $182,240 $68,544 $113,696
2021 $16,644 $191,620 $72,072 $119,548
2020 $14,315 $164,450 $72,072 $92,378
2019 $14,600 $164,450 $72,072 $92,378
2018 $11,985 $138,240 $49,248 $88,992
2017 $11,610 $152,832 $54,446 $98,386
2016 $10,199 $117,824 $34,387 $83,437
2015 $9,658 $112,236 $60,496 $51,740
2014 $9,437 $112,236 $60,496 $51,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE975250

IRES MLS

APN: 1463-31-2-37-006

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