NOT LISTED FOR SALE

1085 Broadway St Unit 7 Boulder, CO 80302

University Hill Neighborhood

Estimated Value: $672,000 - $758,000

3 Beds
2 Baths
864 Sq Ft
$827/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $530,000 $613 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,606/month

17 Days on Market

Highlights

  • Balcony
  • Brick Veneer
  • Laundry Facilities
  • Flatirons Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 4-minute walk to Beach Park

About This Home

As of April 2016

Investment opportunity in sought after University Hill. Leased at $3150 per month through August of 2017. Located in one of the Hill's premier condo buildings steps from campus, dining, & coffee this unit always rents quickly. Great floor plan for roommates with recent upgrades including flooring & baths. Two reserved parking spaces (one in underground garage), storage locker, and onsite laundry. Smart Regs compliant and great turnkey rental!

Last Agent to Sell the Property

Dan Estey

Bluebird Real Estate Listed on: 03/03/2016

Last Buyer's Agent

Sibyl Liedtke

milehimodern - Boulder

milehimodern - Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,494

Year Built

  • Built in 1988

Lot Details

  • 864

HOA Fees

  • $321 Monthly HOA Fees

Home Design

  • Property Attached
  • Brick Veneer
  • Composition Roof
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • University Hill Elementary School
  • Casey Middle School
  • Boulder High School

Additional Features

  • Balcony
  • 864 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0106600

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance, utilities, maintenance structure
  • University Court Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Gross Income $37,800
  • Net Operating Income $30,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,494

Year Built

Built in 1988

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Year Built: 1988
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.02
  • Road Surface Type: Asphalt
  • Subdivision Name: University Court
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 864
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Has Basement: None
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer, Stucco
  • Exterior Features: Balcony
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Utilities, Maintenance Structure
  • Community Features: Extra Storage
  • Senior Community: No
  • Association Fee: 962
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: University Hill
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Casey

Lot Info

  • Zoning: PUD
  • Lot Size Sq Ft: 864
  • Parcel #: R0106600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2494

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 37800
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 7538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 19, 2016
Sold by
1085 Broadway Llc
Bought by
Jms First Talent Llc
Seller's Agent
Dan Estey
Bluebird Real Estate
Buyer's Agent
Sibyl Liedtke
milehimodern - Boulder
List Price
$540,000
Sold Price
$530,000
Premium/Discount to List
-$10,000
-1.85%
Current Estimated Value
$714,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,287
Avg. Annual Appreciation
3.30%

Purchase Details

Listed on
Mar 30, 2015
Closed on
Mar 30, 2015
Sold by
Butler Paula W and Butler Bradley W
Bought by
1085 Broadway Llc
Seller's Agent
Katherine Drucker
Good Good Realty
Buyer's Agent
Dan Estey
Bluebird Real Estate
List Price
$424,900
Sold Price
$434,000
Premium/Discount to List
$9,100
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.75%
Original Mortgage
$325,500
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 31, 2008
Sold by
1085 Broadway Llc
Bought by
Butler Paula W and Butler Bradley W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2005
Sold by
Keegan James J and Pettinga Martha J
Bought by
1085 Broadway Llc

Purchase Details

Closed on
Jun 1, 2004
Sold by
Rausch Richard W and Rausch Eric J
Bought by
Keegan James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2001
Sold by
Cooper Michael B and Cooper Diane
Bought by
Rausch Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
7.75%

Purchase Details

Closed on
May 29, 1997
Sold by
Jill Bray Scott K and Jill Maureen E
Bought by
Cooper Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,300
Interest Rate
8.17%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 1994
Sold by
Carlson Robert W
Bought by
Bray Scott K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
8.19%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 1988
Bought by
Jms First Talent Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jms First Talent Llc $530,000 Sz Title
1085 Broadway Llc $434,000 8Z Title
Butler Paula W $360,000 Land Title
1085 Broadway Llc -- --
Keegan James J $325,000 --
Rausch Richard W $242,000 --
Cooper Michael B $162,000 Land Title
Bray Scott K $135,000 Land Title
Jms First Talent Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1085 Broadway Llc $325,500
Previous Owner Butler Paula W $272,000
Previous Owner Butler Paula W $288,000
Previous Owner Butler Paula W $36,000
Previous Owner Keegan James J $260,000
Previous Owner Rausch Richard W $193,600
Previous Owner Cooper Michael B $153,300
Previous Owner Bray Scott K $117,300
Closed Keegan James J $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $530,000 -- --
01/28/2019 01/28/19 Off Market $434,000 -- --
04/19/2016 04/19/16 Sold $530,000 -1.9% $613 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $540,000 +24.4% $625 / Sq Ft
03/30/2015 03/30/15 Sold $434,000 +2.1% $502 / Sq Ft
03/30/2015 03/30/15 For Sale $424,900 -- $492 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

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 $3,666 $42,250 -- $42,250
2024 $3,666 $42,250 -- $42,250
2023 $3,599 $40,811 -- $44,496
2022 $4,029 $42,583 $0 $42,583
2021 $3,846 $43,808 $0 $43,808
2020 $3,440 $39,518 $0 $39,518
2019 $3,387 $39,518 $0 $39,518
2018 $3,027 $34,913 $0 $34,913
2017 $2,932 $38,598 $0 $38,598
2016 $2,634 $30,431 $0 $30,431
2015 $2,494 $25,743 $0 $25,743
2014 $2,213 $25,743 $0 $25,743
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dan Estey

    Bluebird Real Estate

  • Sibyl Liedtke

    Buyer's Agent in 2016

    Sibyl Liedtke

    milehimodern - Boulder

    (303) 482-7510

    5 in this area

    50 Total Sales

    Sibyl Liedtke
    Section Image

  • K

    Seller's Agent in 2015

    Katherine Drucker

    Good Good Realty

    (720) 415-4914

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Map

Source: IRES MLS

MLS Number: 784754

IRES MLS

APN: 1463313-40-007

Colorado Boulder County Boulder 80302 University Hill

1085 Broadway St Unit 7, Boulder, CO

This home is located at 1085 Broadway St Unit 7, Boulder, CO 80302 since 03 March 2016 and is currently estimated at $714,287, approximately $826 per square foot. This property was built in 1988. 1085 Broadway St Unit 7 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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