NOT LISTED FOR SALE

1949 Cascade Ave Unit 1951 Boulder, CO 80302

University Hill Neighborhood
1 Bed
1 Bath
2,500 Sq Ft
5,227 Sq Ft

Last Sold June 29, 2018

Last sale price $1,325,000 $530 Per Sq Ft

16 Days on Market

Highlights

  • Wooded Lot
  • American Four Square Architecture
  • No HOA
  • Flatirons Elementary School Rated A
  • Corner Lot
  • Balcony

About This Home

As of June 2018

Exemplary Property in the Most Fantastic Location on the Hill, 1 Block From CU. Absolute Pride of Ownership Shows Throughout This Impeccably Maintained 4-Plex. Pristine Units & Beautiful Landscaping Have Tenants Clamoring to Lease. Recent Updates Include Windows, Insulation, Roof, 4 Furnaces, Stoves & More. Wood Floors Under Carpets & W/D Hookups in Units. Rents Shown Are Potential Based on Rent Achieved w/2 Occupants/Unit. Current Gross Rent $60,540. Expenses Are Actual. Smart Regs Compliant.

Last Agent to Sell the Property

Michael-Ryan McCarty

Gibbons-White, Inc. License #40029628 Listed on: 05/14/2018

Last Buyer's Agent

Michael-Ryan McCarty

Gibbons-White, Inc. License #40029628 Listed on: 05/14/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,414

Year Built

  • Built in 1951

Lot Details

  • 5,312 Sq Ft Lot
  • South Facing Home
  • Southern Exposure
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • Alley Access

Home Design

  • American Four Square Architecture
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Crawl Space
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Schools

  • Flatirons Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0004665

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • University Place Subdivision

Building Details

  • Gross Income $76,560
  • Net Operating Income $69,553

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,414

Year Built

Built in 1951

Lot Details

5,312 Sq Ft Lot

Listing Details

  • Year Built: 1951
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Subdivision Name: UNIVERSITY PLACE
  • Directions: From 20th St and Broadway, South on 20th to Cascade Ave. Property is on the NW corner of 20th and Cascade.
  • Architectural Style: Foursquare/Denver Square
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Southern Exposure, Energy Survey Complete
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2500
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family, Additional Units
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Crawl Space
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Entry Location: Outside Entry
  • Interior Amenities: Eat-in Kitchen, Outside Entry
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Corner Lot, Wooded, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: South
  • Exterior Features: Lighting, Balcony
  • Patio And Porch Features: Patio
  • 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
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • 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: Flatirons
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: RH-5
  • Lot Size Sq Ft: 5312
  • Parcel #: R0004665
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4414

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 76560
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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 $1,325,000 -- --
06/29/2018 06/29/18 Sold $1,325,000 0.0% $530 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $1,325,000 -- $530 / 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 $10,121 $104,112 $93,701 $10,411
2024 $10,121 $104,112 $93,701 $10,411
2023 $9,936 $111,575 $103,734 $11,526
2022 $8,004 $82,960 $51,340 $31,620
2021 $7,808 $87,231 $53,983 $33,248
2020 $6,715 $77,149 $53,983 $23,166
2019 $6,613 $77,149 $53,983 $23,166
2018 $4,557 $52,560 $36,720 $15,840
2017 $4,414 $62,486 $40,596 $21,890
2016 $4,610 $53,252 $34,626 $18,626
2015 $4,365 $43,780 $23,004 $20,776
2014 $3,681 $43,780 $23,004 $20,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE850060

IRES MLS

APN: 1463-31-4-07-013

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