NOT LISTED FOR SALE

Estimated Value: $1,454,000 - $1,706,000

7 Beds
3 Baths
2,784 Sq Ft
$571/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $1,571,500 $564 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,687/month

383 Days on Market

Highlights

  • City View
  • Cathedral Ceiling
  • Skylights
  • Whittier Elementary School Rated A-
  • No HOA
  • 2-minute walk to Emma Gomez Martinez Park

About This Home

As of January 2024

Rare multi-family investment opportunity in Boulder's centrally located Goss-Grove neighborhood. This triplex complex, blocks from CU and Pearl Street Mall, includes a historic single-family ranch house with 2 bedrooms, and a newer duplex, totaling a 7-unit rental compound. The newer duplex, built in 1992, has vaulted ceilings, skylights and includes two rental units: a ground-level 3-bedroom unit and an upper level 2-bedroom unit. Shared outdoor areas offer private space for entertaining and relaxing. There is a shared onsite laundry facility & storage located in the basement of the main house. Recent upgrades include newer paint, front lawn, newer roof on the duplex, electrical updates and kitchen updates on all three rental units. Renters pay all utilities except for trash. This property offers endless options, has been well maintained and has an extremely consistent/upward trending rental history. Move into the front house while you rent out the duplex, provide your student a place to live while they attend CU or add the compound to your investment portfolio. Either way, don't miss out on this rare opportunity to own a 7-bed triplex in the heart of Boulder. BoulderTriplex.com

Last Listed By

Chris Angelovic

LIV Sotheby's Intl Realty Listed on: 01/13/2023

LIV Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,196

Year Built

  • Built in 1992

Lot Details

  • 6,501 Sq Ft Lot
  • Property fronts an alley
  • Partially Fenced Property
  • Wood Fence
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Composition Shingle

Interior Spaces

  • 2,784 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Dining Room
  • City Views
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting

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 deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0002718

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Culver Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Gross Income $89,640
  • Net Operating Income $77,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,196

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Year Built: 1992
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: Culver
  • Directions: The detached house (2019) fronts Goss St and the duplex (2021-2023) is located between the alley and the detached house. Duplex accessible by walking past the detached house (on the east side) or from the back alleyway road.
  • Architectural Style: Ranch
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Conforming
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Has Basement: Unfinished, Crawl Space
  • Total Bedrooms: 7
  • Entry Location: Outside Entry
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Outside Entry
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood
  • Lot Features: Curbs, Gutters, Level
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Composition Siding
  • Exterior Features: Lighting
  • Patio And Porch Features: Enclosed
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner, Ceiling Fan(s)
  • Electric: Electric, XCEL
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, XCEL

Condo/Co-op/Association

  • Community Features: Extra Storage
  • 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: RES
  • Lot Size Sq Ft: 6501
  • Parcel #: R0002718
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8195.8

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 89640
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 12579.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Jan 31, 2024
Sold by
Wexler Lawrence J and Dibble Steven
Bought by
Vimlesh Ramchandani Revocable Trust
Seller's Agent
Chris Angelovic
LIV Sotheby's Intl Realty
Buyer's Agent
Ryan O'Brien
Orion Real Estate
List Price
$1,850,000
Sold Price
$1,571,500
Premium/Discount to List
-$278,500
-15.05%
Total Days on Market
383
Views
291
Current Estimated Value
$1,590,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,911
Avg. Annual Appreciation
1.45%

Purchase Details

Closed on
Sep 25, 2014
Sold by
Wexler Leonard
Bought by
Wexler Lawrence J

Purchase Details

Closed on
Jun 19, 2007
Sold by
Park Kyung Ja Kim and Park Kwang Chun
Bought by
Wexler Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2000
Sold by
Park Park Kyung Ja Kim Kyung Ja Kim and Park Kwang Chun
Bought by
Park Kyung Ja Kim

Purchase Details

Closed on
Jan 4, 2000
Sold by
Park Kyung Ja Kim and Park Kwang Chun
Bought by
Park Kyung Ja Kim

Purchase Details

Closed on
Dec 14, 1992
Bought by
Dibble Steven

Purchase Details

Closed on
Dec 3, 1991
Bought by
Dibble Steven

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
Vimlesh Ramchandani Revocable Trust $1,571,500 Land Title
Wexler Lawrence J $64,000 None Available
Wexler Lawrence J $650,000 First Colorado Title
Park Kyung Ja Kim -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dibble Steve $476,564
Previous Owner Wexler Lawrence J $520,000
Previous Owner Park Kwang Chun $370,000
Previous Owner Park Kwang Chun $357,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $1,571,500 -7.5% $564 / Sq Ft
09/29/2023 09/29/23 Price Changed $1,699,000 -1.7% $610 / Sq Ft
06/22/2023 06/22/23 Price Changed $1,729,000 -1.1% $621 / Sq Ft
03/08/2023 03/08/23 Price Changed $1,749,000 -5.5% $628 / Sq Ft
01/13/2023 01/13/23 For Sale $1,850,000 -- $665 / 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
2024 $9,929 $112,372 $65,700 $46,672
2023 $9,929 $112,372 $69,385 $46,672
2022 $8,196 $85,833 $50,388 $35,445
2021 $7,871 $88,832 $51,838 $36,994
2020 $7,306 $83,935 $49,121 $34,814
2019 $7,194 $83,935 $49,121 $34,814
2018 $6,267 $72,288 $36,000 $36,288
2017 $6,071 $81,630 $39,800 $41,830
2016 $5,947 $68,695 $36,218 $32,477
2015 $5,631 $51,517 $26,268 $25,249
2014 $4,429 $51,517 $26,268 $25,249
Source: Public Records

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Source: IRES MLS

MLS Number: 980572

IRES MLS

APN: 1463308-17-007