NOT LISTED FOR SALE

1839 Arapahoe Ave Boulder, CO 80302

Goss-Grove Neighborhood
5 Beds
3 Baths
1,490 Sq Ft
3,768 Sq Ft Lot

Last Sold October 06, 2017

Last sale price $825,000 $554 Per Sq Ft

124 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Forced Air Heating System
  • Whittier Elementary School Rated A-
  • Air Conditioning
  • 4-minute walk to Bald Mountain Scenic Area

About This Home

As of October 2017

Back on market. Contract fell 7/11/2017. Buyer wanted to scrape and build, but the process was taking too long... Legal 3 unit apartment building. Best location in Boulder, between Pearl and Colorado University. Walk to Pearl Street. Walk to CU.Two 2 bedroom apartments and one studio apartment. Rents are well below market rate. Can also rent 5 parking spaces. Each of the three units is $200 per month under market rent. Cap rate does not include a property management fee. City allows 12 tenants.

Last Agent to Sell the Property

Michael Dwyer

Michael Dwyer Real Estate Listed on: 04/12/2017

Last Buyer's Agent

Matthew Mihalcin

Matt Mihalcin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,634

Year Built

  • Built in 1900

Lot Details

  • 3,768 Sq Ft Lot

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,490 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0004688

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Culver Subdivision

Building Details

  • Gross Income $46,872
  • Net Operating Income $38,717

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,634

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Subdivision Name: Culver
  • Directions: On Arapahoe East of Broadway.
  • Architectural Style: Victorian
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1490
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Partial
  • Total Bedrooms: 5
  • Interior Amenities: High Speed Internet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Boulder

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: AO
  • Lot Size Sq Ft: 3768
  • Parcel #: R0004688
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 46872
  • Annual Operating Expense: 8154.54

Tax Info

  • Tax Annual Amount: 3633.74

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

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $825,000 -- --
10/06/2017 10/06/17 Sold $825,000 -15.4% $554 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $975,000 -- $654 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Dwyer

    Michael Dwyer Real Estate

    (303) 931-8507

    17 Total Sales

    Section Image
  • Matthew Mihalcin

    Buyer's Agent in 2017

    Matthew Mihalcin

    Matt Mihalcin

    (303) 547-5468

    22 Total Sales

    Section Image
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Map

Source: IRES MLS

MLS Number: 816641

IRES MLS

Colorado Boulder County Boulder 80302 Goss-Grove

1839 Arapahoe Ave, Boulder, CO

This home is located at 1839 Arapahoe Ave, Boulder, CO 80302 since 12 April 2017. This property was built in 1900. 1839 Arapahoe Ave is a home located in Boulder County with nearby schools including Whittier Elementary School, Casey Middle School, and Boulder High School.

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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