NOT LISTED FOR SALE
10 Beds
8 Baths
4,314 Sq Ft
7,405 Sq Ft Lot

Last Sold August 25, 2017

Last sale price $1,950,000 $452 Per Sq Ft

8 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Fenced
  • Whittier Elementary School Rated A-
  • High Speed Internet
  • 3-minute walk to Boulder Central Park

About This Home

As of August 2017

**INCREDIBLE INVESTMENT OPPORTUNITY - 2 BLOCKS FROM PEARL STREET** 7 unit property 2 blocks off Pearl Street. The property has a house with 4 BR, 1.5 BA and a 6 unit building. Each of the 6 units is 1 BR, 1 BA. The property is in CAGID (the Central Area General Improvement District). 10 residential units or 2 commercial units and 8 residential units could potentially be built on site.

Last Agent to Sell the Property

Bob Chambers

RE/MAX Alliance-Boulder License #140881 Listed on: 07/18/2017

RE/MAX Alliance-Boulder

Last Buyer's Agent

Bob Chambers

RE/MAX Alliance-Boulder License #140881 Listed on: 07/18/2017

RE/MAX Alliance-Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,585

Year Built

  • Built in 1920

Lot Details

  • 7,391 Sq Ft Lot
  • Fenced

Parking

  • Alley Access

Home Design

  • Composition Roof

Interior Spaces

  • 4,314 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0007994

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Bcr Subdivision

Building Details

  • Gross Income $105,600
  • Net Operating Income $92,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,585

Year Built

Built in 1920

Lot Details

7,391 Sq Ft Lot

Listing Details

  • Year Built: 1920
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: BCR
  • Directions: West on Arapahoe to 15th. Turn North. Property will be on west side of 15th.
  • Architectural Style: Ranch
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4314
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family, Commercial or Industrial, Additional Units
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Partial, Crawl Space
  • Total Bedrooms: 10
  • Interior Amenities: High Speed Internet
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
  • Waterfront: No
  • Construction Type: Other
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Excel
  • 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, Excel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: Multi-Resi
  • Lot Size Sq Ft: 7391
  • Parcel #: R0007994
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8585

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 105600
  • Income Includes: ["Lease/Rents"]
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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
01/28/2019 01/28/19 Off Market $1,950,000 -- --
08/25/2017 08/25/17 Sold $1,950,000 -2.5% $452 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $2,000,000 -- $464 / Sq Ft
Source: IRES MLS

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 $20,538 $194,014 $61,188 $132,826
2024 $20,538 $194,014 $61,188 $132,826
2023 $20,163 $227,405 $65,593 $165,497
2022 $14,354 $148,920 $40,936 $107,984
2021 $14,003 $156,585 $43,043 $113,542
2020 $11,246 $129,201 $43,043 $86,158
2019 $11,074 $129,201 $43,043 $86,158
2018 $10,625 $122,544 $39,600 $82,944
2017 $10,292 $135,479 $43,780 $91,699
2016 $9,067 $104,737 $34,244 $70,493
2015 $8,586 $99,102 $45,770 $53,332
2014 $8,333 $99,102 $45,770 $53,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE826968

IRES MLS
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