NOT LISTED FOR SALE

1515 11th St Boulder, CO 80302

University Hill Neighborhood

Estimated Value: $1,508,000 - $2,240,000

7 Beds
6 Baths
3,128 Sq Ft
$625/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $1,075,000 $344 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $11,002/month

4 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Baseboard Heating
  • Flatirons Elementary School Rated A
  • Double Pane Windows
  • 4-minute walk to Central Park

About This Home

As of November 2015

This completely remodeled 7 bedroom, 6 bathroom University Hill home sits within walking distance to Starbucks, Alfalfas, and CU. A recent redesign of this luxury property offers new electrical, new plumbing, new baseboard heating, high-grade wood flooring throughout, new vinyl windows, high-end stainless steel appliances, and six private bathrooms with tile showers and granite counters and floors. The owner has spared no expense in this perfect investment property located on University Hill.

Last Agent to Sell the Property

Scott Otis

Zeal Real Estate Listed on: 10/12/2015

Co-Listed By

Caldwell Sullivan

Four Star Rlty & Prop Mgmt

Last Buyer's Agent

Marla snyder

Resident Realty

Resident Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,122

Year Built

  • Built in 1905

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,128 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0005439

Community Details

Overview

  • No Home Owners Association
  • Grand View Heights Subdivision

Building Details

  • Gross Income $74,340
  • Net Operating Income $63,218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,122

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: FSTA
  • Subdivision Name: Grand View Heights
  • Directions: From Broadway and University, drive West on University, turn right onto 10th street, another right onto Grandview and left onto 11th Street. Home is on the left.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3128
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: Full
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Electric: Electric
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Water Source: City Water, Boulder
  • Gas Company: Natural Gas

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: RMX-1
  • Lot Size Sq Ft: 2614
  • Parcel #: R0005439
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5122

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 74340
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2015
Closed on
Nov 30, 2015
Sold by
Lee Young R
Bought by
Muskrat Hat 1515 Llc
Seller's Agent
Scott Otis
Zeal Real Estate
Buyer's Agent
Marla snyder
Resident Realty
List Price
$1,050,000
Sold Price
$1,075,000
Premium/Discount to List
$25,000
2.38%
Current Estimated Value
$1,953,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$878,767
Avg. Annual Appreciation
6.06%
Original Mortgage
$798,750
Outstanding Balance
$333,118
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,620,649

Purchase Details

Closed on
Feb 10, 2010
Sold by
Nickles Tim
Bought by
Lee Young R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2001
Sold by
Lundahl Greggory J
Bought by
Nickles Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,310
Interest Rate
6.81%

Purchase Details

Closed on
Jul 24, 1996
Sold by
Lundahl Greggory J and Lundahl Gregory J
Bought by
Lundahl Greggory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.41%

Purchase Details

Closed on
Jul 22, 1996
Sold by
Lundahl Paul
Bought by
Lundahl Greggory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.41%

Purchase Details

Closed on
Nov 2, 1989
Bought by
Muskrat Hat 1515 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Muskrat Hat 1515 Llc $1,075,000 Land Title Guarantee Company
Lee Young R $575,000 Heritage Title
Nickles Tim $379,080 --
Lundahl Greggory J -- --
Lundahl Greggory J -- --
Muskrat Hat 1515 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muskrat Hat 1515 Llc $798,750
Previous Owner Lee Young R $417,000
Previous Owner Nickles Tim $284,310
Previous Owner Lundahl Greggory J $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $1,075,000 -- --
11/30/2015 11/30/15 Sold $1,075,000 +2.4% $344 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $1,050,000 -- $336 / 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 $10,271 $112,738 $40,950 $71,788
2024 $10,271 $112,738 $40,950 $71,788
2023 $10,091 $115,977 $41,996 $77,666
2022 $9,095 $97,126 $35,299 $61,827
2021 $8,676 $99,921 $36,315 $63,606
2020 $8,001 $91,913 $36,751 $55,162
2019 $7,878 $91,913 $36,751 $55,162
2018 $6,895 $79,531 $31,824 $47,707
2017 $6,680 $87,926 $35,183 $52,743
2016 $6,290 $72,667 $29,054 $43,613
2015 $5,957 $59,573 $27,064 $32,509
2014 $5,122 $59,573 $27,064 $32,509
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Scott Otis

    Zeal Real Estate

    (720) 244-3704

    20 Total Sales

    Scott Otis
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    Caldwell Sullivan

    Four Star Rlty & Prop Mgmt

    (720) 273-8957

    2 in this area

    8 Total Sales

    Caldwell Sullivan
    Section Image

  • M

    Buyer's Agent in 2015

    Marla snyder

    Resident Realty

    (303) 241-1718

    3 in this area

    74 Total Sales

    Marla snyder
    Section Image
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Map

Source: IRES MLS

MLS Number: IRE777177

IRES MLS

APN: 1463312-24-004

Colorado Boulder County Boulder 80302 University Hill

1515 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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