NOT LISTED FOR SALE

2012 Spruce St Unit 2 Boulder, CO 80302

Whittier Neighborhood

Estimated Value: $953,070 - $1,147,000

4 Beds
2 Baths
1,650 Sq Ft
$634/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $500,000 $303 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,113/month

33 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Double Pane Windows
  • Whittier Elementary School Rated A-
  • Contemporary Architecture
  • Walk-In Closet

About This Home

As of March 2015

Newly remodeled downtown Boulder townhome style condo. Spacious 4BD/2BA with brand-new kitchen counters, sink & stainless steel appliances. Updated bathrooms, fireplace, flooring & paint. Located in the beautiful Whittier neighborhood, just 2-3 blocks from Frasca, Mateo, Laughing Goat & other Pearl restaurants. Most recent downtown comps sold at cap rates of 4.57% (Jan '15) & 5.00% (Nov '14). Rented for $3,000/mo through Aug '16.

Last Agent to Sell the Property

Rich Dana

Live West Realty Listed on: 01/27/2015

Last Buyer's Agent

Amy Menell

Boulder Area Realtor Assoc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1984

Lot Details

  • 26 Sq Ft Lot
  • Property fronts an alley
  • West Facing Home

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Alley Access
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • Finished Basement

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Deck
  • Property is near a bus stop
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0101878

Community Details

Overview

  • Association fees include common amenities, trash, maintenance structure
  • Cardinal Condos Subdivision

Building Details

  • Gross Income $36,000
  • Net Operating Income $31,515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,229

Year Built

Built in 1984

Lot Details

0

HOA Fees

$188 per month

Parking

2

Listing Details

  • Year Built: 1984
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Cardinal Condos
  • Directions: From Folsom, go West on Spruce, Property on left (south side of street)
  • Architectural Style: Contemporary/Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1650
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Accessibility Features: Near Bus
  • Has Basement: 90%+ Finished Basement
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Window Features: Window Coverings, Double Pane Windows
  • Room Bedroom3 Features: Laminate Floor
  • Dining Room Features: Laminate Floor
  • IRESDS_HasFamilyRoom: No
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Laminate Floor
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom3 Level: Basement
  • Room Bedroom2 Level: Upper
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Laminate Floor
  • Living Room Features: Laminate Floor
  • Dining Room Dining Room Level: Main
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Alley Access
  • IRESDS_GarageType: Off Street

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Maintenance Structure
  • Senior Community: No
  • Association Fee: 188
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: RH-2
  • Lot Size Sq Ft: 26
  • Parcel #: R0101878
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2229

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 36000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2015
Sold by
White Eric and White Shirly
Bought by
Egbok Llc
Current Estimated Value
$1,045,518

Purchase Details

Listed on
Jan 27, 2015
Closed on
Mar 31, 2015
Sold by
Duhon Jeremy A
Bought by
White Eric and White Shirly L
Seller's Agent
Rich Dana
Live West Realty
Buyer's Agent
Amy Menell
Boulder Area Realtor Assoc.
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$400,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
Ingraham E Blake
Bought by
Duhon Jeremy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2005
Sold by
Ingraham E Blake
Bought by
Ingraham E Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2004
Sold by
Ingraham E Blake
Bought by
2012 Spruce #2 Llc

Purchase Details

Closed on
Oct 20, 1992
Bought by
Egbok Llc

Purchase Details

Closed on
Dec 6, 1991
Bought by
Egbok Llc

Purchase Details

Closed on
Nov 1, 1991
Bought by
Egbok Llc

Purchase Details

Closed on
Jun 24, 1985
Bought by
Egbok Llc
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
Egbok Llc -- None Available
White Eric $500,000 Heritage Title
Duhon Jeremy A $311,000 --
Ingraham E Blake -- --
2012 Spruce #2 Llc -- --
Egbok Llc $93,000 --
Egbok Llc $69,000 --
Egbok Llc $75,700 --
Egbok Llc $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Eric $400,000
Previous Owner Duhon Jeremy A $248,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $500,000 -- --
03/31/2015 03/31/15 Sold $500,000 -8.9% $303 / Sq Ft
03/01/2015 03/01/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $549,000 -- $333 / 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 $5,102 $59,925 -- $59,925
2024 $5,102 $59,925 -- $59,925
2023 $5,011 $57,160 -- $60,845
2022 $5,200 $55,190 $0 $55,190
2021 $4,962 $56,778 $0 $56,778
2020 $4,935 $56,700 $0 $56,700
2019 $4,860 $56,700 $0 $56,700
2018 $4,122 $47,542 $0 $47,542
2017 $3,993 $52,560 $0 $52,560
2016 $3,101 $35,820 $0 $35,820
2015 $2,936 $26,507 $0 $26,507
2014 $2,279 $26,507 $0 $26,507
Source: Public Records

Agents Affiliated with this Home

  • Rich Dana

    Seller's Agent in 2015

    Rich Dana

    Live West Realty

    (303) 440-8200

    1 in this area

    43 Total Sales

    Rich Dana
    Section Image

  • A

    Buyer's Agent in 2015

    Amy Menell

    Boulder Area Realtor Assoc.

See All Agents

Map

Source: IRES MLS

MLS Number: 754201

IRES MLS

APN: 1463304-51-002

Colorado Boulder County Boulder 80302 Whittier

2012 Spruce St Unit 2, Boulder, CO

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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