NOT LISTED FOR SALE

1087 11th St Boulder, CO 80302

University Hill Neighborhood
7 Beds
3 Baths
3,204 Sq Ft
6,986 Sq Ft Lot

Last Sold October 23, 2020

Last sale price $1,760,000 $549 Per Sq Ft

2 Days on Market

Highlights

  • Open Floorplan
  • Raised Ranch Architecture
  • No HOA
  • Flatirons Elementary School Rated A
  • Corner Lot
  • 4-minute walk to Beach Park

About This Home

As of October 2020

SOLD: Legal duplex in prime location on The Hill. Well maintained with no deferred maintenance, licensed, Smart Regs compliant. Spacious, updated units, lots of character, washer/dryer in each unit, off-street parking, beautifully landscaped with private, fenced backyard with large patio, sprinkler system. Tenant pays all utilities & trash. Very desirable property - never a vacancy! Same owner since 1989.

Last Agent to Sell the Property

Jennifer Raney

Jennifer Raney Listed on: 09/15/2020

Last Buyer's Agent

Alicia Miller

RE/MAX of Boulder, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,546

Year Built

  • Built in 1922

Lot Details

  • 6,986 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Legal Non-Conforming

Home Design

  • Duplex
  • Raised Ranch Architecture
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,204 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Wood Frame Window
  • Dining Room
  • Natural lighting in basement

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Zoned Heating
  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0000031

Community Details

Overview

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

Building Details

  • Gross Income $112,800
  • Net Operating Income $104,585

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,546

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: University Place
  • Directions: Southwest corner of 11th Street and Collage Avenue
  • Architectural Style: Raised Ranch
  • Unit Levels: Raised Ranch
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Non-conforming, Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3204
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Daylight
  • Total Bedrooms: 7
  • Entry Location: Outside Entry
  • Interior Amenities: High Speed Internet, Separate Dining Room, Open Floorplan, Outside Entry, 9ft+ Ceilings
  • Window Features: Window Coverings, Wood Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel Energy
  • Heating: Baseboard, Zoned
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Master Meter-Gas, Xcel Energy

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: RL-1
  • Lot Size Sq Ft: 6986
  • Parcel #: R0000031
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 112800
  • Income Includes: ["Lease/Rents"]

Tax Info

  • Tax Annual Amount: 6546

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
01/21/2022 01/21/22 Off Market $1,760,000 -- --
10/23/2020 10/23/20 Sold $1,760,000 -2.2% $549 / Sq Ft
09/15/2020 09/15/20 For Sale $1,800,000 -- $562 / 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 $10,041 $105,325 $58,250 $47,075
2024 $10,041 $105,325 $58,250 $47,075
2023 $9,862 $112,460 $59,349 $56,796
2022 $8,540 $90,345 $47,580 $42,765
2021 $8,327 $94,995 $50,029 $44,966
2020 $6,648 $76,377 $41,685 $34,692
2019 $6,547 $76,377 $41,685 $34,692
2018 $5,850 $67,478 $37,296 $30,182
2017 $5,667 $74,601 $41,233 $33,368
2016 $5,201 $60,082 $34,148 $25,934
2015 $4,925 $56,755 $27,860 $28,895
2014 $4,772 $56,755 $27,860 $28,895
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennifer Raney

    Jennifer Raney

  • A

    Buyer's Agent in 2020

    Alicia Miller

    RE/MAX

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Map

Source: IRES MLS

MLS Number: 924120

IRES MLS
Colorado Boulder County Boulder 80302 University Hill

1087 11th St, Boulder, CO

Not Listed for Sale

MultiFamily

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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