M
Seller's Agent in 2024
Maria Wakefield
Pear Tree Property Management
(303) 506-9956
1 in this area
6 Total Sales
1065 University Ave Unit 123 Boulder, CO 80302
University Hill Neighborhood
3
Beds
1.5
Baths
992
Sq Ft
$310/mo
HOA Fee
Highlights
- 0.96 Acre Lot
- Open Floorplan
- Granite Countertops
- Flatirons Elementary School Rated A
- Contemporary Architecture
- Balcony
About This Home
As of November 2024INCOME PROPERTY -- OR THE PERFECT PLACE TO STAY WHILE ATTENDING SCHOOL -- YOU DECIDE! Beautifully remodeled 3BR/1.5BA condo less than a block from CU Boulder's main campus and a bike ride to Boulder's famed Pearl Street walking mall. Get in on a fantastic investment that could provide an annuity for years to come. Main floor kitchen welcomes with contemporary cabinets and stunning granite countertops. Low-maintenance plank flooring and newer paint provide a gracious and welcoming living area. Main floor bedroom feels like a private retreat with a wide balcony to enjoy a quiet moment. Convenient powder room on main floor. Downstairs, two spacious bedrooms with generous closet space flank a modern bathroom where efficiency meets style. One assigned parking space. Photos shown were taken during turnover period between tenants, but unit is currently occupied. So much work has already been done you'll be able to close right away and enjoy the fruits of someone else's labor. For the 2024-25 lease currently in place -- Gross income: $55,680. CAP RATE: 6.5%. Come and discover your next great investment!
Last Agent to Sell the Property
Pear Tree Property Management Brokerage Phone: 303-506-9956 License #100072231 Listed on: 10/21/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,165
Year Built
- Built in 1968 | Remodeled
Lot Details
- Two or More Common Walls
- West Facing Home
HOA Fees
- $310 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
Interior Spaces
- 992 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Entrance Foyer
- Living Room
- Vinyl Flooring
- Finished Basement
- 2 Bedrooms in Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
Home Security
Parking
- 1 Parking Space
- Driveway
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
Outdoor Features
- Balcony
Schools
- Flatirons Elementary School
- Manhattan Middle School
- Boulder High School
Utilities
- No Cooling
- Baseboard Heating
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Exclusions: Owner's and tenants' personal possessions
- Assessor Parcel Number R0103603
Community Details
Overview
- Association fees include reserves, gas, heat, insurance, irrigation, ground maintenance, maintenance structure, recycling, sewer, snow removal, trash, water
- University Townhouse Condominium Association, Phone Number (303) 402-6900
- Low-Rise Condominium
- University Townhouse Condominium Community
- University Hills Subdivision
- Community Parking
Amenities
- Courtyard
- Laundry Facilities
Pet Policy
- No Pets Allowed
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2024
Closed on
Dec 2, 2024
Sold by
Calhoun Jeffrey and Calhoun Meredith
Bought by
Pbandjmc Llc
Seller's Agent
Maria Wakefield
Pear Tree Property Management
Buyer's Agent
Kelly McBartlett
Compass Colorado, LLC - Boulder
List Price
$849,900
Sold Price
$790,000
Premium/Discount to List
-$59,900
-7.05%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,368
Avg. Annual Appreciation
-3.81%
Purchase Details
Listed on
Oct 21, 2024
Closed on
Nov 20, 2024
Sold by
Philly Special 1065 Llc
Bought by
Calhoun Jeffrey and Calhoun Meredith
Seller's Agent
Maria Wakefield
Pear Tree Property Management
Buyer's Agent
Kelly McBartlett
Compass Colorado, LLC - Boulder
List Price
$849,900
Sold Price
$790,000
Premium/Discount to List
-$59,900
-7.05%
Views
7
Purchase Details
Listed on
Apr 2, 2018
Closed on
May 16, 2018
Sold by
Merrills James Stuart
Bought by
Philly Special 1065 Llc
Seller's Agent
Mark Holmes
Coldwell Banker Realty-Boulder
Buyer's Agent
Mark Holmes
Coldwell Banker Realty-Boulder
List Price
$465,000
Sold Price
$480,000
Premium/Discount to List
$15,000
3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$353,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 2, 2018
Closed on
Apr 2, 2018
Sold by
Merrills Simon and Merrills Hazel
Bought by
Merrills James Stuart
Seller's Agent
Mark Holmes
Coldwell Banker Realty-Boulder
Buyer's Agent
Mark Holmes
Coldwell Banker Realty-Boulder
List Price
$465,000
Sold Price
$480,000
Premium/Discount to List
$15,000
3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 2, 2007
Sold by
Tenne Gil and Tenne Nevet
Bought by
Merrills Simon
Purchase Details
Closed on
Jun 29, 2004
Sold by
Ahlstrand Edward A and Ahlstrand Edward A
Bought by
Tenne Gil and Tenne Nevet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.93%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 19, 1992
Bought by
Merrills Simon and Merrills Hazel
Purchase Details
Closed on
Aug 31, 1990
Bought by
Merrills Simon and Merrills Hazel
Purchase Details
Closed on
Aug 19, 1987
Bought by
Merrills Simon and Merrills Hazel
Purchase Details
Closed on
Sep 6, 1985
Bought by
Merrills Simon and Merrills Hazel
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | $790,000 | First American Title | |
| Warranty Deed | $480,000 | Guardian Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $258,500 | Guardian Title Agency | |
| Warranty Deed | $210,000 | Land Title Guarantee Company | |
| Interfamily Deed Transfer | -- | Land Title Guarantee Company | |
| Quit Claim Deed | -- | Land Title Guarantee Company | |
| Deed | -- | -- | |
| Deed | $37,300 | -- | |
| Special Warranty Deed | $71,400 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $353,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $168,000 | Negative Amortization |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2024 11/20/24 | Sold | $790,000 | -4.2% | $796 / Sq Ft |
| 10/31/2024 10/31/24 | Price Changed | $825,000 | -2.9% | $832 / Sq Ft |
| 10/21/2024 10/21/24 | For Sale | $849,900 | +77.1% | $857 / Sq Ft |
| 05/14/2018 05/14/18 | Sold | $480,000 | +3.2% | $484 / Sq Ft |
| 04/04/2018 04/04/18 | Pending | -- | -- | -- |
| 04/02/2018 04/02/18 | For Sale | $465,000 | -- | $469 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $3,223 | $39,950 | -- | $39,950 |
| 2024 | $3,223 | $39,950 | -- | $39,950 |
| 2023 | $3,165 | $35,779 | -- | $39,464 |
| 2022 | $3,168 | $33,311 | $0 | $33,311 |
| 2021 | $3,025 | $34,270 | $0 | $34,270 |
| 2020 | $2,911 | $33,441 | $0 | $33,441 |
| 2019 | $2,866 | $33,441 | $0 | $33,441 |
| 2018 | $2,199 | $25,358 | $0 | $25,358 |
| 2017 | $2,130 | $28,035 | $0 | $28,035 |
| 2016 | $2,257 | $26,069 | $0 | $26,069 |
| 2015 | $2,137 | $21,460 | $0 | $21,460 |
| 2014 | $1,845 | $21,460 | $0 | $21,460 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Wakefield
-
Kelly McBartlett
Buyer's Agent in 2024
Kelly McBartlett
Compass Colorado, LLC - Boulder
(970) 541-0571
2 in this area
225 Total Sales
-
Mark Holmes
Seller's Agent in 2018
Mark Holmes
Coldwell Banker Realty-Boulder
(303) 332-5351
32 Total Sales
-
N
Seller Co-Listing Agent in 2018
Non-IRES Agent
CO_IRES
Map
Source: REcolorado®
MLS Number: 7129264
APN: 1463312-53-022
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