NOT LISTED FOR SALE

1205 E Ridge Ave Boulder, CO 80303

Estimated Value: $982,000 - $1,153,234

5 Beds
3 Baths
2,937 Sq Ft
$366/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $822,000 $280 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,168/month

25 Days on Market

Highlights

  • Open Floorplan
  • Multiple Fireplaces
  • No HOA
  • Creekside Elementary School Rated A
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of October 2020

Highly sought after location a stones throw from Folsom Field and the University of Colorado rented through 7/31/21. Highlights include large bedrooms, loads of parking/garages,3 bathrooms, fenced yard and maintenance free flooring. This home has a current rental license, Smart Reg Compliant and has a newer 200 amp electrical service.

Last Agent to Sell the Property

Matt DePofi

The Landmark Group Listed on: 09/03/2020

Last Buyer's Agent

Evan Lam

Colorado Key Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 1958

Lot Details

  • 7,731 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,937 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Multiple Fireplaces
  • Window Treatments
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Schools

  • Creekside Elementary School
  • Manhattan Middle School
  • Fairview High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0008528

Community Details

Overview

  • No Home Owners Association
  • East Ridge Subdivision

Building Details

  • Gross Income $66,000
  • Net Operating Income $61,382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,818

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: East Ridge
  • Directions: 28th St frontage, East on Pennsylvania, left on E.Ridge
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2937
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Full, Walk-Out Access
  • Total Bedrooms: 5
  • Fireplace Features: 2+ Fireplaces
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Separate Dining Room, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • 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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Creekside
  • HighSchool: Fairview
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 7731
  • Parcel #: R0008528
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3818

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 66000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Dec 18, 2020
Sold by
Frank Christopher
Bought by
1205 East Ridge Properties Llc
Seller's Agent
Matt DePofi
The Landmark Group
Buyer's Agent
Evan Lam
Colorado Key Properties
List Price
$825,000
Sold Price
$822,000
Premium/Discount to List
-$3,000
-0.36%
Current Estimated Value
$1,073,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,559
Avg. Annual Appreciation
5.53%
Original Mortgage
$643,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 29, 2020
Sold by
Gilchrist Anthony G and Gilchrist Anne D
Bought by
Frank Christopher
Seller's Agent
Matt DePofi
The Landmark Group
Buyer's Agent
Evan Lam
Colorado Key Properties
List Price
$825,000
Sold Price
$822,000
Premium/Discount to List
-$3,000
-0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jul 27, 2012
Sold by
Wahl Iver W
Bought by
Gilchrist Anthony G
Seller's Agent
Karen Bernardi
Coldwell Banker Realty-Boulder
Buyer's Agent
Matt DePofi
The Landmark Group
List Price
$487,500
Sold Price
$465,000
Premium/Discount to List
-$22,500
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$348,750
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1965
Bought by
Gilchrist Anthony G and Gilchrist Anne D
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
1205 East Ridge Properties Llc -- Land Title Guarantee Co
Frank Christopher $822,000 Land Title Guarantee Co
Gilchrist Anthony G $465,000 Guardian
Gilchrist Anthony G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Christopher $643,500
Previous Owner Gilchrist Anthony G $348,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2021 01/27/21 Off Market $822,000 -- --
10/29/2020 10/29/20 Sold $822,000 -0.4% $280 / Sq Ft
09/03/2020 09/03/20 For Sale $825,000 +77.4% $281 / Sq Ft
05/03/2020 05/03/20 Off Market $465,000 -- --
07/27/2012 07/27/12 Sold $465,000 -4.6% $158 / Sq Ft View Prior Sale
06/27/2012 06/27/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $487,500 -- $166 / 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 $5,714 $56,044 $28,425 $27,619
2024 $5,714 $56,044 $28,425 $27,619
2023 $5,612 $64,119 $37,446 $30,358
2022 $4,518 $47,843 $27,042 $20,801
2021 $4,312 $49,221 $27,821 $21,400
2020 $3,877 $44,545 $25,311 $19,234
2019 $3,818 $44,545 $25,311 $19,234
2018 $3,666 $42,286 $23,760 $18,526
2017 $3,551 $46,749 $26,268 $20,481
2016 $3,462 $39,991 $19,343 $20,648
2015 $3,278 $35,677 $16,557 $19,120
2014 $3,000 $35,677 $16,557 $19,120
Source: Public Records

Agents Affiliated with this Home

  • Matt DePofi

    Seller's Agent in 2020

    Matt DePofi

    The Landmark Group

    (303) 550-3400

    30 Total Sales

    Matt DePofi
    Section Image
  • Evan Lam

    Buyer's Agent in 2020

    Evan Lam

    Colorado Key Properties

    (303) 775-1594

    57 Total Sales

    Evan Lam
    Section Image
  • Karen Bernardi

    Seller's Agent in 2012

    Karen Bernardi

    Coldwell Banker Realty-Boulder

    (303) 402-6000

    353 Total Sales

    Karen Bernardi
    Section Image

  • T

    Seller Co-Listing Agent in 2012

    Tuesdi Arrotta

    Sunset 5280

    Section Image
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Map

Source: IRES MLS

MLS Number: 923056

IRES MLS

APN: 1463322-03-013

Colorado Boulder County Boulder 80303

1205 E Ridge Ave, Boulder, CO

This home is located at 1205 E Ridge Ave, Boulder, CO 80303 since 03 September 2020 and is currently estimated at $1,073,559, approximately $365 per square foot. This property was built in 1958. 1205 E Ridge Ave is a home located in Boulder County with nearby schools including Creekside Elementary School, Manhattan Middle School of the Arts & Academics, and Fairview 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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