NOT LISTED FOR SALE

1081 13th St Boulder, CO 80302

University Hill Neighborhood
4 Beds
2 Baths
4,626 Sq Ft
5,445 Sq Ft Lot

Last Sold November 15, 2013

Last sale price $1,735,000 $375 Per Sq Ft

47 Days on Market

Highlights

  • No HOA
  • Air Conditioning
  • Zero Lot Line
  • Flatirons Elementary School Rated A
  • Patio
  • 2-minute walk to Beach Park

About This Home

As of November 2013

In the heart of the Hill, this 4-unit apartment building has a 5.5% cap rate with property management or 6.37% if self-managed. Steps away from campus and Hill nightlife, the building is fully leased through August 2014 with gross rental income of $134,400. Each unit has 4 bedrooms (some may be non-conforming), 1 1/2 baths, full kitchen, and patio. Current rental license allows a total of 16 unrelated occupants. New exterior paint and gutters; some units have updated kitchens and bathrooms.

Last Agent to Sell the Property

Monique Cole

Compass - Boulder Listed on: 08/30/2013

Compass - Boulder

Last Buyer's Agent

Matthew Johnke

Johnke, Matthew Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,475

Year Built

  • Built in 1973

Lot Details

  • 5,445 Sq Ft Lot
  • Fenced
  • Zero Lot Line

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 4,626 Sq Ft Home
  • 3-Story Property
  • Natural lighting in basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0004357

Community Details

Overview

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

Building Details

  • Gross Income $132,653
  • Net Operating Income $105,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,475

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: UNIVERSITY PLACE
  • Directions: From Broadway, west on College Ave for 1 block, south on 13th St. Building is on the west side, next-door to barbershop. Address on building is 1083.
  • Unit Levels: Tri-Level
  • New Construction: No
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4626
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: Daylight
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Zero Lot Line
  • Waterfront: No
  • Construction Type: Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Separate Meter Electricity, Xcel
  • Heating: Hot Water, Baseboard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Master Meter-Gas, Xcel

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, BMS
  • Lot Size Sq Ft: 5445
  • Parcel #: R0004357
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 10475

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 132652.8
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 27513

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
01/28/2019 01/28/19 Off Market $1,735,000 -- --
11/15/2013 11/15/13 Sold $1,735,000 +5.2% $375 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $1,650,000 -- $357 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Monique Cole

    Seller's Agent in 2013

    Monique Cole

    Compass - Boulder

    (303) 815-2926

    Section Image

  • M

    Buyer's Agent in 2013

    Matthew Johnke

    Johnke, Matthew Realty

    (303) 221-6400

    3 Total Sales

    Matthew Johnke
    Section Image
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Map

Source: IRES MLS

MLS Number: 718280

IRES MLS

APN: 1463-31-3-39-015

Colorado Boulder County Boulder 80302 University Hill

1081 13th St, Boulder, CO

This home is located at 1081 13th St, Boulder, CO 80302 since 30 August 2013. This property was built in 1973. 1081 13th St is a home located in Boulder County with nearby schools including Flatirons Elementary School, Manhattan Middle School of the Arts & Academics, and Boulder High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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