NOT LISTED FOR SALE
8 Beds
3 Baths
3,468 Sq Ft
6,190 Sq Ft Lot

Sale Details

Date Sold: October 1, 2021

Last sale price $2,295,000 $662 Per Sq Ft

26 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Zoned Heating
  • Flatirons Elementary School Rated A
  • Brick Veneer
  • 4-minute walk to Beach Park

About This Home

As of October 2021

Unbeatable student rental near the corner of 14th and College Ave. This duplex, known to some as the "Pink Palace" has rented year over year with absolutely no advertising. Perfect turn-key portfolio addition with tons of parking, lease in place through July 2022 and is Smart Reg Compliant. Students love this location with its large rooms, vaulted ceilings w/loft and big backyard. Few buildings of this size and location command these types of rent. Rental license is valid through 1/16/2023.

Last Agent to Sell the Property

Matt DePofi

The Landmark Group License #40025749 Listed on: 07/08/2021

Last Buyer's Agent

Beau Burris

Burris Real Estate License #100015552

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,440

Year Built

  • Built in 1923

Lot Details

  • 6,190 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,468 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

  • Zoned Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0000768

Community Details

Overview

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

Building Details

  • Gross Income $163,800
  • Net Operating Income $153,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,440

Year Built

Built in 1923

Lot Details

6,190 Sq Ft Lot

Listing Details

  • Year Built: 1923
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Subdivision Name: University Place
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3468
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Total Bedrooms: 8
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Xcel
  • Heating: Hot Water, Zoned
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • 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: Duplex/Tri
  • Lot Size Sq Ft: 6190
  • Parcel #: R0000768
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8440

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 163800
  • Income Includes: ["Lease/Rents"]

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
Jul 8, 2021
Closed on
Oct 1, 2021
Sold by
Koplen Donald A and Lev Ary E
Bought by
Seller's Agent
Matt DePofi
The Landmark Group
Buyer's Agent
Beau Burris
Burris Real Estate
List Price
$2,500,000
Sold Price
$2,295,000
Premium/Discount to List
-$205,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,721,250
Outstanding Balance
$1,556,551
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2013
Sold by
1060 14Th Street Llc
Bought by
Koplen Donald A

Purchase Details

Closed on
Apr 21, 2011
Sold by
1060 14Th Street Llc
Bought by
Koplen Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2010
Sold by
Koplen Donald A and Lev Ary E Paul
Bought by
1060 14Th Street Llc

Purchase Details

Closed on
Nov 17, 2009
Sold by
1060 14Th Street Llc
Bought by
Koplen Donald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2005
Sold by
Lev Ary E Paul and Koplen Donald A
Bought by
1060 14Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
1060 14Th Street Llc
Bought by
Lev Ary E Paul and Koplen Donald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Lev Ary E Paul and Koplen Donald A
Bought by
1060 14Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1999
Sold by
Lev Ary E Paul
Bought by
Koplen Donal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,160
Interest Rate
7.21%

Purchase Details

Closed on
Jun 28, 1999
Sold by
Spector Martin Ian
Bought by
Lev Ary E Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,160
Interest Rate
7.21%

Purchase Details

Closed on
Jun 24, 1999
Sold by
Soklin Susan A
Bought by
Spector Martin Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,160
Interest Rate
7.21%

Purchase Details

Closed on
Jun 1, 1999
Sold by
Spector Nancy Lee
Bought by
Spector Martin Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,160
Interest Rate
7.21%

Purchase Details

Closed on
Oct 3, 1996
Sold by
Spector Nancy Lee
Bought by
Spector Martin Ian

Purchase Details

Closed on
Jan 30, 1995
Sold by
Spector Martin Ian
Bought by
Spector Martin Ian
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,295,000 Land Title Guarantee
Koplen Donald A -- First American
Koplen Donald -- First American Title Ins Co
1060 14Th Street Llc -- First American Title Ins Co
1060 14Th Street Llc -- Security Title
Koplen Donald A -- Security Title
1060 14Th Street Llc -- Security Title
1060 14Th Street Llc -- --
Lev Ary E Paul -- --
1060 14Th Street Llc -- --
Koplen Donal A $233,391 --
Lev Ary E Paul $465,204 Heritage Title
Spector Martin Ian -- --
Spector Martin Ian -- --
Spector Martin Ian -- --
Spector Martin Ian -- --
Spector Martin Ian -- --
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
Open $380,000
Open 1060 14Th Llc $1,721,250
Previous Owner Koplen Donald $340,000
Previous Owner Koplen Donald A $346,000
Previous Owner Lev Ary E Paul $360,500
Previous Owner 1060 14Th Street Llc $365,000
Previous Owner Lev Ary E Paul $372,160
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
01/02/2022 01/02/22 Off Market $2,295,000 -- --
10/01/2021 10/01/21 Sold $2,295,000 -8.2% $662 / Sq Ft
07/08/2021 07/08/21 For Sale $2,500,000 -- $721 / 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 $12,425 $139,937 $59,656 $80,281
2025 $12,425 $139,937 $59,656 $80,281
2024 $12,169 $128,619 $54,831 $73,788
2023 $11,953 $136,673 $55,865 $84,494
2022 $9,604 $101,803 $44,785 $57,018
2021 $9,364 $107,043 $47,090 $59,953
2020 $8,440 $96,961 $39,182 $57,779
2019 $8,311 $96,961 $39,182 $57,779
2018 $7,518 $86,710 $35,136 $51,574
2017 $7,283 $95,862 $38,845 $57,017
2016 $6,735 $77,801 $32,158 $45,643
2015 $6,378 $72,038 $25,870 $46,168
2014 $6,057 $72,038 $25,870 $46,168
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE945364

IRES MLS
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