NOT LISTED FOR SALE

Estimated Value: $968,000 - $1,331,000

5 Beds
2 Baths
1,637 Sq Ft
$719/Sq Ft Est. Value

Last Sold November 18, 2013

Last sale price $589,000 $360 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $7,038/month

10 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Patio
  • Creekside Elementary School Rated A
  • Cooling Available
  • No Interior Steps

About This Home

As of November 2013

Fantastic Rental Investment Opportunity! Well maintained property w/ 2 houses walking distance from CU! Both leased thru July 2014! #2126 (front house) 3 bed/1 bath, washer/dryer, hardwood floors, large bedrooms, built-ins in bedroom. #2128 (back house) 2 bed/1 bath. Shared yard and each have back patio for barbequing! Blocks away from CU, Chautauqua, shopping, and dining! Only takes one day to find tenants!

Last Agent to Sell the Property

Mary Siefert

Live West Realty Listed on: 10/09/2013

Last Buyer's Agent

Aaron Mumford

Four Star Rlty & Prop Mgmt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,841

Year Built

  • Built in 1947

Lot Details

  • 7,362 Sq Ft Lot
  • Property fronts an alley
  • Level Lot

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Alley Access
  • Driveway Level

Schools

  • Creekside Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0006425

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Interurban Subdivision

Building Details

  • Gross Income $38,400
  • Net Operating Income $33,415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,841

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Year Built: 1947
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Interurban
  • Directions: Two blocks west of Broadway on Baseline, Property is on the South side.
  • Architectural Style: Contemporary/Modern, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1637
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Accessibility Features: Level Lot, Level Drive, Near Bus, No Stairs
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 5
  • Interior Amenities: High Speed Internet
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Forced Air, Hot Water, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available, Cable 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

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Creekside
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: LRE
  • Lot Size Sq Ft: 7362
  • Parcel #: R0006425
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2841

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400
  • Annual Operating Expense: 4985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
Nov 18, 2013
Sold by
Sebring Amy L and Lawler Kathleen A
Bought by
Erickson Matthew R
Seller's Agent
Mary Siefert
Live West Realty
Buyer's Agent
Aaron Mumford
Four Star Rlty & Prop Mgmt
List Price
$599,000
Sold Price
$589,000
Premium/Discount to List
-$10,000
-1.67%
Current Estimated Value
$1,176,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,716
Avg. Annual Appreciation
6.15%
Original Mortgage
$412,300
Outstanding Balance
$311,795
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$864,921

Purchase Details

Closed on
Nov 8, 2011
Sold by
Sebring Amy and Lawler Kathleen A
Bought by
Sebring Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Christmas Investments Llc
Bought by
Sebring Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1999
Sold by
Hargin Phillip A and Hargin Connie J
Bought by
Christmas Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 12, 1992
Sold by
Hargin Phillip and Hargin Connie J
Bought by
Hargin Phillip A

Purchase Details

Closed on
Oct 29, 1980
Bought by
Erickson Matthew R and Erickson Meg P

Purchase Details

Closed on
Aug 16, 1978
Bought by
Erickson Matthew R and Erickson Meg P
Source: Public Records

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Range of Values:

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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
Erickson Matthew R $589,000 Heritage Title
Sebring Amy L -- Fidelity National Title Insu
Sebring Amy $426,000 --
Christmas Investments Llc $290,000 --
Hargin Phillip A -- --
Erickson Matthew R $115,000 --
Erickson Matthew R $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Matthew R $412,300
Previous Owner Sebring Amy L $360,500
Previous Owner Sebring Amy $318,000
Previous Owner Sebring Amy $306,000
Previous Owner Christmas Investments Llc $246,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $589,000 -- --
11/18/2013 11/18/13 Sold $589,000 -1.7% $360 / Sq Ft
10/19/2013 10/19/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $599,000 -- $366 / 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 $5,799 $67,188 $52,619 $14,569
2024 $5,799 $67,188 $52,619 $14,569
2023 $5,694 $64,193 $53,928 $13,949
2022 $5,530 $57,935 $44,369 $13,566
2021 $5,280 $59,603 $45,646 $13,957
2020 $4,721 $54,240 $37,752 $16,488
2019 $4,649 $54,240 $37,752 $16,488
2018 $4,478 $51,653 $34,488 $17,165
2017 $4,338 $57,105 $38,128 $18,977
2016 $4,307 $49,750 $29,452 $20,298
2015 $4,078 $32,986 $13,532 $19,454
2014 $2,774 $32,986 $13,532 $19,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 720909

IRES MLS

APN: 1577061-06-004