NOT LISTED FOR SALE

1909 26th St Unit 2A and 2B Boulder, CO 80302

Whittier Neighborhood

Estimated Value: $1,267,000

-- Bed
-- Bath
5,184 Sq Ft
$244/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $1,600,000 $309 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $8,876/month

318 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Balcony
  • Whittier Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2015

Full leased office condo for sale - investment opportunity. AAA tenant. Professional office building, medical use allowed. Condo is located on second floor, elevator access, building has shower, bicycle storage and has three decks.

Last Agent to Sell the Property

Danny Lindau

The Colorado Group Listed on: 05/01/2014

The Colorado Group

Last Buyer's Agent

Michael-Ryan McCarty

Gibbons-White, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 5,184 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Home Design

  • Brick Veneer

Interior Spaces

  • 5,184 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Eat-In Kitchen

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Foothill Elementary School
  • Casey Middle School
  • Boulder High School

Additional Features

  • Accessible Approach with Ramp
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, taxes, insurance
  • Assessor Parcel Number R0509302

Community Details

Overview

  • No Home Owners Association
  • Association fees include common amenities, trash, snow removal, ground maintenance, management, utilities, maintenance structure
  • 2 Units
  • Kellcourt Subdivision

Building Details

  • Gross Income $172,518
  • Net Operating Income $103,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Kellcourt
  • Directions: In Boulder just west of 28th on 26th and Walnut
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Commercial or Industrial
  • Private Spa: No
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: None
  • Interior Amenities: Eat-in Kitchen
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Corner Lot
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Exterior Features: Lighting, Balcony
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, boulder
  • Gas Company: Natural Gas, xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management, Utilities, Maintenance Structure
  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: BT-2
  • Lot Size Sq Ft: 5184
  • Parcel #: R0509302
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Taxes, Insurance

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 36500

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 172518
  • Annual Operating Expense: 68838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Apr 14, 2015
Sold by
Brick Road Limited Liability Company
Bought by
H-Z 26Th Street Llc
Seller's Agent
Danny Lindau
The Colorado Group
Buyer's Agent
Michael-Ryan McCarty
Gibbons-White, Inc.
List Price
$1,800,000
Sold Price
$1,600,000
Premium/Discount to List
-$200,000
-11.11%
Total Days on Market
318
Current Estimated Value
$1,267,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$333,000

Purchase Details

Closed on
May 24, 2005
Sold by
1909 Little Blue Llc
Bought by
Wonderful Wizard Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,600
Interest Rate
5.83%
Mortgage Type
Commercial
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
H-Z 26Th Street Llc $1,600,000 None Available
Wonderful Wizard Llc $827,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wonderful Wizard Llc $574,781
Previous Owner Wonderful Wizard Llc $661,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $1,600,000 -- --
04/14/2015 04/14/15 Sold $1,600,000 -11.1% $309 / Sq Ft
03/15/2015 03/15/15 Pending -- -- --
05/01/2014 05/01/14 For Sale $1,800,000 -- $347 / 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 $25,824 $303,993 -- $303,993
2024 $25,824 $303,993 -- $303,993
2023 $25,376 $293,843 -- $302,213
2022 $27,900 $300,440 $0 $300,440
2021 $25,860 $300,440 $0 $300,440
2020 $27,515 $316,100 $0 $316,100
2019 $27,094 $316,100 $0 $316,100
2018 $22,377 $258,100 $0 $258,100
2017 $21,677 $258,100 $0 $258,100
2016 $19,338 $223,387 $69,658 $153,729
2015 $18,311 $235,132 $73,312 $161,820
2014 $20,216 $235,132 $73,312 $161,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 734410

IRES MLS

APN: 1463293-10-006