NOT LISTED FOR SALE
6 Beds
4 Baths
2,536 Sq Ft
3,314 Sq Ft Lot

Sale Details

Date Sold: April 22, 2019

Last sale price $1,262,500 $498 Per Sq Ft

134 Days on Market

Highlights

  • City View
  • No HOA
  • Brick Veneer
  • Whittier Elementary School Rated A-
  • Cottage
  • 2-minute walk to Green Leaf Park

About This Home

As of April 2019

All About Location...Downtown 4 unit, always fully leased w long term tenants. Turn of the century charm as is but with incredible potential for upgrades and much higher rents. Tandem off street parking for 2, walk to everything downtown dining, shopping, public transportation. Smart regs compliant, rarely vacant over lots of years. Seller is participating in 1031 exchange, sale of this property is contingent on seller finding & securing a suitable exchange purchase. Property offered "as is"

Last Agent to Sell the Property

Patty Young

Property Resources, Inc. Listed on: 11/15/2018

Last Buyer's Agent

Digger Braymiller

RE/MAX of Boulder, Inc License #40041294

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,730

Year Built

  • Built in 1921

Lot Details

  • 3,314 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property

Parking

  • Alley Access

Home Design

  • Cottage
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • City Views
  • Partial Basement
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Exterior Lighting
  • Property is near bus stop

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0005789

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Boulder O T East & West & North Subdivision

Building Details

  • Gross Income $65,600
  • Net Operating Income $52,552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,730

Year Built

Built in 1921

Lot Details

3,314 Sq Ft Lot

Listing Details

  • Year Built: 1921
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.08
  • Road Frontage Type: City Street
  • Subdivision Name: Boulder O T East & West & North
  • Directions: N on Broadway, left on Spruce, right on 11th - property is on the right by the alley
  • Architectural Style: Cottage/Bung
  • Unit Levels: Bi-Level
  • New Construction: No
  • Efficiency: HVAC
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2536
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Near Bus
  • Has Basement: Partial
  • Total Bedrooms: 6
  • Interior Amenities: High Speed Internet
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Gutters, Sidewalks
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: West
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Separate Meter Electricity, xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Separate Meter Gas, xcel

Condo/Co-op/Association

  • 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: Multi Res
  • Lot Size Sq Ft: 3314
  • Parcel #: R0005789
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6730

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 65600
  • Income Includes: ["Lease/Rents"]

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Bought by

Purchase Details

Listed on
Nov 15, 2018
Closed on
Apr 22, 2019
Sold by
Bought by
Seller's Agent
Patty Young
Property Resources, Inc.
Buyer's Agent
Digger Braymiller
RE/MAX of Boulder, Inc
List Price
$1,395,000
Sold Price
$1,262,500
Premium/Discount to List
-$132,500
-9.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$946,875
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 1983
Bought by

Purchase Details

Closed on
Sep 30, 1981
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,262,500 Heritage Title Co
-- None Available
$140,000 Fidelity National Title Insu
$129,300 --
$58,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $946,875
Previous Owner $290,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Off Market $1,262,500 -- --
04/22/2019 04/22/19 Sold $1,262,500 -9.5% $498 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $1,395,000 0.0% $550 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
01/24/2019 01/24/19 Price Changed $1,395,000 -6.7% $550 / Sq Ft
12/01/2018 12/01/18 Price Changed $1,495,000 -9.4% $590 / Sq Ft
11/15/2018 11/15/18 For Sale $1,650,000 -- $651 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,931 $121,046 $39,698 $81,348
2025 $10,931 $121,046 $39,698 $81,348
2024 $8,235 $111,257 $36,488 $74,769
2023 $8,082 $90,115 $46,900 $46,900
2022 $7,688 $79,560 $31,144 $48,416
2021 $7,501 $83,655 $32,747 $50,908
2020 $8,688 $99,814 $32,747 $67,067
2019 $8,555 $99,814 $32,747 $67,067
2018 $6,948 $80,136 $28,296 $51,840
2017 $6,730 $88,595 $31,283 $57,312
2016 $7,306 $84,400 $22,447 $61,953
2015 $6,918 $80,348 $15,920 $64,428
2014 $6,908 $80,348 $15,920 $64,428
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE867060

IRES MLS
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