NOT LISTED FOR SALE
3 Beds
3 Baths
1,308 Sq Ft
5,903 Sq Ft Lot

Sale Details

Date Sold: March 31, 2020

Last sale price $760,000 $581 Per Sq Ft

2 Days on Market

Highlights

  • Deck
  • No HOA
  • Radiant Heating System
  • Whittier Elementary School Rated A-

About This Home

As of March 2020

Set smack dab between Downtown Boulder and CU Campus, this legally zoned duplex is Smart-Regs compliant and currently pre-leasing for the 2020-2021 School Year. Tenants enjoy off-street parking, on-site laundry and easy accessibility to all things Boulder. What we love about this property: Both units have a perfect balance of improvements already made, and room for improvements to be made.

Last Agent to Sell the Property

Todd Walsh

Market Real Estate License #40036156 Listed on: 03/02/2020

Co-Listed By

Heidi Schamber

Market Real Estate License #100035303

Last Buyer's Agent

Stephen Dibella

Property Colorado Inc

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 1900

Lot Details

  • 5,903

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,308 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Whittier Elementary School
  • Casey Middle School
  • Boulder High School

Utilities

  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Deck
  • 5,903 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0004529

Community Details

Overview

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

Building Details

  • Gross Income $54,120
  • Net Operating Income $39,535

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,464

Year Built

Built in 1900

Lot Details

5,903 Sq Ft Lot

Listing Details

  • Year Built: 1900
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: TODWAL
  • Subdivision Name: Orchard Home
  • Directions: Heading West on Arapahoe from 28th the property is on the right side between 17th and 16th Streets.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1308
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Unfinished
  • Total Bedrooms: 3
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Radiant
  • Utilities: Natural Gas Available, Electricity Available, Cable 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: Whittier
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Casey

Lot Info

  • Zoning: RMX-1
  • Lot Size Sq Ft: 5903
  • Parcel #: R0004529
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4464

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 54120
  • Income Includes: ["Lease/Rents"]

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

Listed on
Mar 2, 2020
Closed on
Mar 31, 2020
Sold by
Bought by
Seller's Agent
Todd Walsh
Market Real Estate
Buyer's Agent
Stephen Dibella
Property Colorado Inc
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,440
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,893
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 3, 1996
Sold by
Bought by

Purchase Details

Closed on
Jul 2, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 1994
Sold by
Bought by
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
$748,440 First American
-- Land Title Guarantee Co
-- None Available
$1,240,000 None Available
-- --
-- --
$207,000 --
-- --
-- Stewart Title
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
Previous Owner $373,440
Previous Owner $614,893
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
06/30/2020 06/30/20 Off Market $760,000 -- --
03/31/2020 03/31/20 Sold $760,000 +1.3% $581 / Sq Ft
03/02/2020 03/02/20 For Sale $750,000 -- $573 / 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 $6,928 $77,207 $52,455 $24,752
2025 $6,928 $77,207 $52,455 $24,752
2024 $6,946 $70,963 $48,213 $22,750
2023 $6,820 $77,238 $56,474 $24,448
2022 $5,804 $60,887 $41,725 $19,162
2021 $5,661 $64,021 $43,872 $20,149
2020 $4,534 $52,088 $40,112 $11,976
2019 $4,465 $52,088 $40,112 $11,976
2018 $4,084 $47,110 $29,880 $17,230
2017 $3,957 $52,082 $33,034 $19,048
2016 $3,915 $45,229 $30,328 $14,901
2015 $3,708 $34,865 $15,817 $19,048
2014 $2,998 $34,865 $15,817 $19,048
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE905390

IRES MLS
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