NOT LISTED FOR SALE
7 Beds
4 Baths
2,940 Sq Ft
6,345 Sq Ft Lot

Sale Details

Date Sold: May 31, 2022

Last sale price $1,775,000 $604 Per Sq Ft

21 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Property is near bus stop
  • Whittier Elementary School Rated A-
  • Brick Veneer
  • Forced Air Heating System

About This Home

As of May 2022

Two unit multi-family investment opportunity in the heart of Boulder. Located within walking distance from both the University of Colorado and downtown, this student rental property is always 100% occupied. Amenities abound with dedicated off-street parking, a washer and dryer in each unit, and seven total bedrooms. Not to mention the historic charm. Let this be your next MUH investment in Boulder.

Last Agent to Sell the Property

Todd Walsh

Market Real Estate License #40036156 Listed on: 03/01/2022

Co-Listed By

Heidi Schamber

Market Real Estate License #100035303

Last Buyer's Agent

Nick Duncan

LIV Sotheby's Intl Realty License #100046283

LIV Sotheby's Intl Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,631

Year Built

  • Built in 1910

Lot Details

  • 6,345 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • Alley Access

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near bus stop

Schools

  • Whittier Elementary School
  • Casey 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, trash collection
  • Assessor Parcel Number R0006839

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Orchard Home Bo Subdivision

Building Details

  • Gross Income $100,920
  • Net Operating Income $75,288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,631

Year Built

Built in 1910

Lot Details

6,345 Sq Ft Lot

Listing Details

  • Year Built: 1910
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: TODWAL
  • Subdivision Name: ORCHARD HOME - BO
  • Directions: Heading west on Arapahoe the property is on the northeast corner of Arapahoe Ave and 16th Street
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2940
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Accessibility Features: Near Bus
  • Has Basement: Crawl Space
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Corner Lot
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Xcel
  • 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

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Whittier
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Casey

Lot Info

  • Zoning: RMX-1
  • Lot Size Sq Ft: 6345
  • Parcel #: R0006839
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6631

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 100920

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2022
Sold by
Griffiths James
Bought by

Purchase Details

Listed on
Mar 1, 2022
Closed on
May 31, 2022
Sold by
Tamara Capital Llc
Bought by
Griffiths James
Seller's Agent
Todd Walsh
Market Real Estate
Buyer's Agent
Nick Duncan
LIV Sotheby's Intl Realty
List Price
$1,700,000
Sold Price
$1,775,000
Premium/Discount to List
$75,000
4.41%

Purchase Details

Listed on
Sep 17, 2018
Closed on
Nov 6, 2018
Sold by
Neitzel Bryon and Neitzel Dee
Bought by
Tamara Capital Llc
Seller's Agent
Todd Walsh
Market Real Estate
Buyer's Agent
Todd Walsh
Market Real Estate
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Oct 24, 2012
Sold by
Lincoln Trust Co
Bought by
Ndira Inc and Clifford Brown Ira

Purchase Details

Closed on
Apr 30, 2010
Sold by
Rice Philip L
Bought by
Lincoln Trust Co and Clifford Brown Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 1990
Bought by
Neitzel Dee

Purchase Details

Closed on
Mar 30, 1982
Bought by
Neitzel Dee

Purchase Details

Closed on
Aug 13, 1973
Bought by
Neitzel Dee
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Griffiths James $1,775,000 First American Title
Tamara Capital Llc $1,350,000 First American Title
Ndira Inc -- None Available
Lincoln Trust Co $700,000 Utc Colorado
Neitzel Dee -- --
Neitzel Dee -- --
Neitzel Dee $22,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,153,750
Previous Owner Lincoln Trust Co $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2022 05/31/22 Sold $1,775,000 +4.4% $604 / Sq Ft
03/25/2022 03/25/22 For Sale $1,700,000 -4.2% $578 / Sq Ft
03/11/2022 03/11/22 Off Market $1,775,000 -- --
03/04/2022 03/04/22 For Sale $1,700,000 +25.9% $578 / Sq Ft
03/09/2021 03/09/21 Off Market $1,350,000 -- --
11/06/2018 11/06/18 Sold $1,350,000 -3.6% $392 / Sq Ft View Prior Sale
09/17/2018 09/17/18 For Sale $1,400,000 -- $407 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- $108,739 $54,393 $54,346
2025 -- $108,739 $54,393 $54,346
2024 $9,732 $99,944 $49,994 $49,950
2023 $9,732 $110,959 $58,551 $56,092
2022 $7,940 $84,694 $43,262 $41,432
2021 $7,740 $89,053 $45,488 $43,565
2020 $6,631 $76,183 $41,613 $34,570
2019 $6,530 $76,183 $41,613 $34,570
2018 $5,930 $68,400 $30,960 $37,440
2017 $5,745 $75,620 $34,228 $41,392
2016 $5,270 $60,878 $31,522 $29,356
2015 $4,990 $51,740 $26,387 $25,353
2014 $4,448 $51,740 $26,387 $25,353
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE959827

IRES MLS
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