NOT LISTED FOR SALE

Estimated Value: $956,000 - $1,182,000

4 Beds
1 Bath
1,061 Sq Ft
$997/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $655,000 $617 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,338/month

12 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • No HOA
  • Flatirons Elementary School Rated A
  • Corner Lot
  • 4-minute walk to Beach Park

About This Home

As of June 2017

Excellent investment opportunity directly across the street from CU. Zoned for 4 unrelated. Rented from August 1st of 2017-July 31st 2018 for $3400/month. Buyer to verify all measurements and zoning regulations.

Last Agent to Sell the Property

Janet Leap

RE/MAX of Boulder, Inc Listed on: 05/12/2017

Last Buyer's Agent

Nicholas Dembeck

The Agency - Denver

The Agency - Denver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,447

Year Built

  • Built in 1907

Lot Details

  • 2,294 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,061 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bay Window

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • University Hill Elementary School
  • Manhattan Middle School
  • Boulder High School

Additional Features

  • Patio
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0005809

Community Details

Overview

  • No Home Owners Association
  • University Place Subdivision

Building Details

  • Gross Income $40,800
  • Net Operating Income $37,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,447

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: University Place
  • Directions: Between 15th & 16th on Euclid
  • Above Grade Finished Sq Ft: 1061
  • Architectural Style: Cottage/Bung, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1061
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Living Area: 1061
  • Window Features: Bay Window(s)
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 1
  • Master Bedroom Features: Other Floor
  • Room Kitchen Features: Other Floor
  • Room Kitchen Area: 1
  • Room Master Bedroom Area: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Corner Lot, Wooded
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: Off Street

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • 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: University Hill
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 2294
  • Parcel #: R0005809
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3447

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 40800
  • Annual Operating Expense: 3447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Jun 23, 2017
Sold by
1521 Euclid Llc
Bought by
Garobay Narciso
Seller's Agent
Janet Leap
RE/MAX of Boulder, Inc
Buyer's Agent
Nicholas Dembeck
The Agency - Denver
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Current Estimated Value
$1,057,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,310
Avg. Annual Appreciation
6.18%
Original Mortgage
$524,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2015
Sold by
Doyle Benedict C and Rosenblum Joseph
Bought by
1521 Euclid Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,018
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 28, 2013
Closed on
Dec 18, 2013
Sold by
Mahon Karen C and Levin Clifton L
Bought by
Doyle Benedict C
Seller's Agent
Caldwell Sullivan
Four Star Rlty & Prop Mgmt
Buyer's Agent
Todd Walsh
Market Real Estate
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$367,500
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
Bock Farone Llc
Bought by
Mahon Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,600
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2003
Sold by
Bock Irene M
Bought by
Bock Farone Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 2003
Sold by
Walker Alison M
Bought by
Bock Irene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2001
Sold by
Sorenson Eric and Sorenson Jeannine
Bought by
Walker Alison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.99%

Purchase Details

Closed on
Feb 16, 1999
Sold by
Sorenson Eric
Bought by
Sorenson Eric

Purchase Details

Closed on
Feb 24, 1993
Bought by
1521 Euclid Llc

Purchase Details

Closed on
Jul 18, 1989
Bought by
1521 Euclid Llc
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
Garobay Narciso $655,000 Heritage Title Co
1521 Euclid Llc -- None Available
Doyle Benedict C $490,000 First Colorado Title
Mahon Karen C $447,000 First Colorado Title
Bock Farone Llc -- --
Bock Irene M $394,000 Land Title Guarantee Company
Walker Alison M $325,000 --
Sorenson Eric -- --
1521 Euclid Llc $120,000 --
1521 Euclid Llc $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garibay Narciso $200,000
Open Garibay Narciso $510,550
Closed Garibay Narciso $510,400
Closed Garibay Narciso $75,050
Closed Garobay Narciso $524,000
Previous Owner 1521 Euclid Llc $373,018
Previous Owner Doyle Benedict C $367,500
Previous Owner Levin Cliffton L $345,000
Previous Owner Mahon Karen C $357,600
Previous Owner Bock Irene M $315,000
Previous Owner Bock Irene M $160,000
Previous Owner Walker Alison M $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $655,000 -- --
01/28/2019 01/28/19 Off Market $490,000 -- --
06/23/2017 06/23/17 Sold $655,000 +0.8% $617 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $650,000 +32.7% $613 / Sq Ft
12/18/2013 12/18/13 Sold $490,000 -6.7% $462 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $525,000 -- $495 / 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 $5,172 $57,150 $33,381 $23,769
2024 $5,172 $57,150 $33,381 $23,769
2023 $5,079 $57,948 $34,009 $27,624
2022 $4,621 $48,956 $27,863 $21,093
2021 $4,410 $50,364 $28,664 $21,700
2020 $4,215 $48,420 $24,167 $24,253
2019 $4,150 $48,420 $24,167 $24,253
2018 $3,854 $44,453 $21,672 $22,781
2017 $3,733 $49,145 $23,960 $25,185
2016 $3,447 $39,816 $19,820 $19,996
2015 $3,264 $34,196 $16,875 $17,321
2014 $2,875 $34,196 $16,875 $17,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 819950

IRES MLS

APN: 1463313-01-006