NOT LISTED FOR SALE

Estimated Value: $1,050,574 - $1,329,000

4 Beds
2 Baths
1,161 Sq Ft
$1,032/Sq Ft Est. Value

Last Sold June 13, 2017

Last sale price $760,000 $655 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,205/month

15 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • High Speed Internet
  • Flatirons Elementary School Rated A
  • Forced Air Heating System

About This Home

As of June 2017

Price Reduction! Cash flowing 4 bed 2 bath investment property in highly sought after University Hill. Less than 5 minute walk to CU and 10 minute walk to downtown. Tenants pay utilities, and grounds maintenance. Fully rented for 2017/2018 school year at $4180/month Base Rent with room for rent growth. Rents first in late fall every year. Updates include kitchen, wood floors and fresh exterior paint, newer roof and electrical panel.

Last Agent to Sell the Property

Scott Otis

Zeal Real Estate Listed on: 03/02/2017

Last Buyer's Agent

Marla snyder

Resident Realty

Resident Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,359

Year Built

  • Built in 1915

Lot Details

  • 1,389 Sq Ft Lot

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,161 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating System
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0001012

Community Details

Overview

  • No Home Owners Association
  • Capitol Hill Subdivision

Building Details

  • Gross Income $50,160
  • Net Operating Income $46,051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,359

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: Capitol Hill
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: High Speed Internet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, City Of Boulder
  • 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: Manhattan

Lot Info

  • Zoning: N 27.75 FT
  • Lot Size Sq Ft: 1389
  • Parcel #: R0001012
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3359

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 50160
  • Annual Operating Expense: 4109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Jun 13, 2017
Sold by
1219 11Th Street Llc
Bought by
Jeet 1219 Llc
Seller's Agent
Scott Otis
Zeal Real Estate
Buyer's Agent
Marla snyder
Resident Realty
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Total Days on Market
15
Current Estimated Value
$1,198,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,644
Avg. Annual Appreciation
5.26%
Original Mortgage
$608,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 9, 2014
Closed on
Dec 9, 2014
Sold by
Pugh Shane and Ramer Peter
Bought by
1219 11Th Street Llc
Seller's Agent
Steven Noel
RE/MAX Alliance-Longmont
Buyer's Agent
Jessica Ramer
John Pugh
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.92%
Original Mortgage
$375,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2014
Closed on
Nov 21, 2014
Sold by
Harrison Limited Partnership
Bought by
Pugh Shanae
Seller's Agent
Steven Noel
RE/MAX Alliance-Longmont
Buyer's Agent
Jessica Ramer
John Pugh
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Hahn William W and Hahn Wilma J
Bought by
Shenton David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 2004
Sold by
Shenton David W
Bought by
Harrison Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 1998
Sold by
Hahn William W and Moskow Lawrence M
Bought by
Hahn William W and Hahn Wilma J

Purchase Details

Closed on
May 1, 1998
Sold by
H M Ltd
Bought by
Hahn William W

Purchase Details

Closed on
Apr 15, 1997
Sold by
Hahn William W and Hahn Wilma J
Bought by
H M Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,680
Interest Rate
4.25%

Purchase Details

Closed on
Mar 28, 1997
Sold by
Ellett Anne F and Ellett Paul A
Bought by
Hahn William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,680
Interest Rate
4.25%

Purchase Details

Closed on
Sep 24, 1990
Bought by
1219 11Th Street Llc
Source: Public Records

Similar Homes in Boulder, CO

  • 1625 16th St, Boulder, CO 80302

    $1,249,000

    • 4 Beds
    • 3 Baths
    • 1,592 Sq Ft
    • 1625 16th St
    • Boulder, CO

    Fantastic as a pure investment property or a single family home with legal ADU offering additional income or a place for your nanny/au pair. Many updates and modern finishes throughout. Deep soaker tub in main unit, shower w/ Euro Glass door, subway tile in both main unit baths. Main unit kitchen features all SS appliances gas range w/ convection oven, wall mounted microwave, french door

    Brandon Thomas JPAR Modern Real Estate

    Section Image
  • 753 19th St, Boulder, CO 80302

    $1,170,000

    • 4 Beds
    • 2 Baths
    • 1,380 Sq Ft
    • 753 19th St
    • Boulder, CO

    Prime student living near CU-where comfort, convenience, and smart investing meet. Each unit comes with in-unit laundry (because no one loves a laundromat), plus dedicated parking out back and a garage that brings in $250 per month of extra income . A newer roof with warranty keeps things solid, and the unbeatable location near campus makes it a no-brainer for CU parents and savvy investors

    Todd Walsh Market Real Estate

    Section Image
  • 1265 Balsam Ave, Boulder, CO 80304

    $1,397,000

    • 3 Beds
    • 2 Baths
    • 1,552 Sq Ft
    • 1265 Balsam Ave
    • Boulder, CO

    Introducing a rare gem, offering a multitude of opportunities! Perfectly situated on a prominent corner lot in the heart of Boulder, this property presents ownership options to develop, rent, invest or live in. For developers looking for a turnkey acquisition, this is fully entitled and PERMIT READY with architectural drawings complete from the renowned Watt Architecture, and potential for

    Jay Hebb The Agency - Boulder

    Section Image
  • 415 Alpine Ave, Boulder, CO 80304

    $1,495,000

    • 6 Beds
    • 3 Baths
    • 2,942 Sq Ft
    • 415 Alpine Ave
    • Boulder, CO

    Income-Producing Duplex in the Heart of Newlands!Located in Boulder’s highly sought-after Newlands neighborhood, just steps from the foothills, 415 & 417 Alpine Avenue presents a rare opportunity to own a well-maintained duplex on a quiet, tree-lined corner lot. With a strong rental history, timeless charm, and unbeatable outdoor access, this property offers both lifestyle and investment

    Allison Cassieri North Metro Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jeet 1219 Llc $760,000 None Available
1219 11Th Street Llc -- None Available
Pugh Shanae $475,000 Heritage Title
Shenton David W $322,000 Fahtco
Harrison Lp -- Fahtco
Hahn William W $73,750 --
Hahn William W -- --
H M Ltd -- First American Heritage Titl
Hahn William W $132,400 Land Title
1219 11Th Street Llc $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeet 1219 Llc $1,220,000
Closed Jeet 1219 Llc $608,000
Previous Owner Pugh Shanae $375,000
Previous Owner Shenton David W $257,600
Previous Owner Hahn William W $58,000
Previous Owner Hahn William W $92,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $760,000 -- --
01/28/2019 01/28/19 Off Market $470,000 -- --
06/13/2017 06/13/17 Sold $760,000 -4.9% $655 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $799,000 +70.0% $688 / Sq Ft
12/01/2014 12/01/14 Sold $470,000 -10.5% $405 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $525,000 -- $452 / 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
2024 $5,711 $63,863 $30,919 $32,944
2023 $5,609 $64,086 $31,711 $36,059
2022 $5,254 $55,767 $26,653 $29,114
2021 $5,013 $57,371 $27,420 $29,951
2020 $4,782 $54,934 $24,811 $30,123
2019 $4,709 $54,934 $24,811 $30,123
2018 $3,748 $43,232 $15,440 $27,792
2017 $3,631 $51,183 $20,457 $30,726
2016 $3,359 $38,805 $15,522 $23,283
2015 $3,181 $30,144 $13,691 $16,453
2014 $2,535 $30,144 $13,691 $16,453
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 812662

IRES MLS

APN: 1463312-37-012