NOT LISTED FOR SALE

1503 20th St Boulder, CO 80302

Goss-Grove Neighborhood
9 Beds
5 Baths
5,200 Sq Ft
0.31 Acres

Last Sold December 21, 2020

Last sale price $3,074,000 $591 Per Sq Ft

202 Days on Market

Highlights

  • 0.31 Acre Lot
  • No HOA
  • Forced Air Heating System
  • Creekside Elementary School Rated A

About This Home

As of December 2020

Property highlights: Two side-by-side properties, One 4-BR Unit, two 3-BR units and four 2-BR units, Fully leased, 100% pre-leased for 2020-2021 school year, Onsite Storage, Off-Street Parking.The appeal is real for these two lodge-like properties with A + grades in student housing. The convenient 20th Street location puts residents close to class, just minutes from CU or Naropa, plus all the action of downtown Boulder's restaurants, bars, shopping and more. The gabled cabin-style exteriors evoke a sort of rustic resort charm while the updated interiors deliver bright spaces for student life to thrive.

Last Agent to Sell the Property

Todd Walsh

Market Real Estate Listed on: 05/14/2020

Co-Listed By

Heidi Schamber

Market Real Estate

Last Buyer's Agent

Mark Hochhauser

Homestead Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,289

Year Built

  • Built in 1880

Lot Details

  • 0.31 Acre Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 5,200 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Schools

  • Creekside Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, exterior maintenance, parking fee
  • Assessor Parcel Number R0007912

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Tract 169 Subdivision

Building Details

  • Gross Income $227,918
  • Net Operating Income $168,766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,289

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Year Built: 1880
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.31
  • Road Frontage Type: City Street
  • Co List Office Mls Id: TODWAL
  • Subdivision Name: Tract 169
  • Directions: Heading west on Arapahoe take a left on 20th. The property will be on the right side.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5200
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: Partial
  • Total Bedrooms: 9
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters
  • Waterfront: No
  • Construction Type: Wood/Frame
  • 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, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RH-1
  • Lot Size Sq Ft: 13338
  • Parcel #: R0007912
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Exterior Maintenance, Parking Fee

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 15288.52

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 227918.4
  • Income Includes: ["Lease/Rents","Parking"]

Range of Values:

--
Value Increase
--
Percent Increase
--
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
03/21/2021 03/21/21 Off Market $3,074,000 -- --
12/21/2020 12/21/20 Sold $3,074,000 -6.8% $591 / Sq Ft
05/14/2020 05/14/20 For Sale $3,300,000 -- $635 / 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 $24,606 $203,325 $73,206 $130,119
2024 $24,606 $203,325 $73,206 $130,119
2023 $24,162 $273,702 $88,112 $189,275
2022 $16,501 $172,040 $55,012 $117,028
2021 $16,096 $180,896 $57,844 $123,052
2020 $15,559 $178,751 $57,844 $120,907
2019 $15,321 $178,751 $57,844 $120,907
2018 $14,414 $166,248 $53,208 $113,040
2017 $13,963 $183,796 $58,824 $124,972
2016 $9,947 $114,903 $39,880 $75,023
2015 $9,419 $109,410 $46,566 $62,844
2014 $9,199 $109,410 $46,566 $62,844
Source: Public Records

Agents Affiliated with this Home

  • Todd Walsh

    Seller's Agent in 2020

    Todd Walsh

    Market Real Estate

    (252) 342-6227

    2 in this area

    46 Total Sales

    Todd Walsh
    Section Image
  • Heidi Schamber

    Seller Co-Listing Agent in 2020

    Heidi Schamber

    Market Real Estate

    (303) 579-2407

    2 in this area

    46 Total Sales

    Heidi Schamber
    Section Image

  • M

    Buyer's Agent in 2020

    Mark Hochhauser

    Homestead Real Estate, LLC

    (720) 201-0968

    1 in this area

    73 Total Sales

    Mark Hochhauser
    Section Image
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Map

Source: IRES MLS

MLS Number: IRE911786

IRES MLS

APN: 1463-31-1-00-014

Colorado Boulder County Boulder 80302 Goss-Grove

1503 20th 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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