NOT LISTED FOR SALE
7 Beds
3 Baths
2,637 Sq Ft
4,559 Sq Ft Lot

Sale Details

Date Sold: June 9, 2021

Last sale price $2,275,000 $863 Per Sq Ft

173 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Patio
  • Flatirons Elementary School Rated A
  • Brick Veneer
  • Forced Air Heating System

About This Home

As of June 2021

Student Rental Investment. Duplex #A Up & Main 4Bd/2Ba #B Bsmt 3Bd/1Ba. One of 6 duplexes and triplexes all on the same block on 10th & College, only 8 blks to CU Boulder. Excellent year over year rent growth (avg 8%), 100% occupancy rate. Pre-leased through Aug 2022. Being sold separately or combined with 1100, 1120 & 1164 10th St. Major capital improvements include newer roofs (~2010), newer main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model includes 4 sources of income with little to no advertising. Portfolios like this are rarely available in Boulder. Zoned RH-5. Full investment package available by request.

Last Agent to Sell the Property

Amy LaBorde

Compass - Boulder License #100006552 Listed on: 08/28/2020

Compass - Boulder

Last Buyer's Agent

amie jablonski

RE/MAX of Boulder, Inc License #40000508

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,328

Year Built

  • Built in 1907

Lot Details

  • 4,559 Sq Ft Lot
  • West Facing Home

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 2,637 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Mountain Views

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio

Schools

  • Flatirons Elementary School
  • Boulder High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, interior maintenance, common area maintenance, trash collection, parking fee
  • Assessor Parcel Number R0007469

Community Details

Overview

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

Building Details

  • Gross Income $147,185
  • Net Operating Income $117,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,328

Year Built

Built in 1907

Lot Details

4,559 Sq Ft Lot

Listing Details

  • Year Built: 1907
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: University Terrace
  • Directions: From Broadway, west on College, North on 10th, between College & Pennsylvania.
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2637
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full, Walk-Out Access
  • Total Bedrooms: 7
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Stone
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • 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: Other

Lot Info

  • Zoning: RH-5
  • Lot Size Sq Ft: 4559
  • Parcel #: R0007469
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Interior Maintenance, Common Area Maintenance, Trash Collection, Parking Fee

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7328

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 147185
  • Income Includes: ["Lease/Rents","Deposits Forfeited","Common Area Fees","Lease Overage","Parking"]

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
Aug 28, 2020
Closed on
Jun 1, 2021
Sold by
Bought by
Seller's Agent
Amy LaBorde
Compass - Boulder
Buyer's Agent
amie jablonski
RE/MAX of Boulder, Inc
List Price
$2,275,000
Sold Price
$2,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,706,250
Interest Rate
0.029%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 1, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 11, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,750
Interest Rate
0.0573%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,750
Interest Rate
0.0573%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 27, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
0.079%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 2, 1996
Sold by
Bought by

Purchase Details

Closed on
May 4, 1993
Bought by

Purchase Details

Closed on
Jun 3, 1992
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,275,000 Land Title Guarantee
-- None Available
-- --
-- Fahtco
-- --
$340,000 First American Heritage Titl
-- --
$171,000 --
-- --
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
Closed $1,706,250
Closed $503,750
Closed $318,750
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
06/09/2021 06/09/21 Sold $2,275,000 0.0% $863 / Sq Ft
08/28/2020 08/28/20 For Sale $2,275,000 -- $863 / 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 $13,980 $157,678 $60,955 $96,723
2025 $13,980 $157,678 $60,955 $96,723
2024 $12,743 $144,925 $56,025 $88,900
2023 $12,517 $143,199 $57,453 $89,432
2022 $8,357 $88,373 $47,253 $41,120
2021 $8,148 $92,921 $49,685 $43,236
2020 $7,442 $85,500 $43,043 $42,457
2019 $7,328 $85,500 $43,043 $42,457
2018 $6,574 $75,830 $30,312 $45,518
2017 $6,369 $83,835 $33,512 $50,323
2016 $5,529 $63,871 $25,552 $38,319
2015 $5,236 $49,257 $22,368 $26,889
2014 $4,142 $49,257 $22,368 $26,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE922611

IRES MLS
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