2221 Columbine Ave Boulder, CO 80302
University Hill NeighborhoodEstimated payment $8,531/month
Highlights
- Green Energy Generation
- Vaulted Ceiling
- 1-Story Property
- Creekside Elementary School Rated A
- No HOA
- Ceiling Fan
About This Home
Fully remodeled in 2025, this modern 5 bedrooms-2 bath house has an excellent location, only 2 blocks to CU campus, the Hill, and just minutes to vibrant Pearl St. With parking for 4 vehicles - a rare and highly valuable feature in this area - this is an excellent investment, boasting a 5.5% Cap Rate. For parents, this is a powerful financial move. Instead of writing rent checks for 4 years and walking away with nothing, you can own the property, build equity, benefit from appreciation, and potentially offset expenses with rental income from roommates. Currently rented at $8,750/month through July 31, 2026, the property generates strong income now, giving you time to plan ahead. The layout balances private bedrooms with inviting shared spaces. The open-concept kitchen and living area with vaulted ceilings and brand-new appliances creates an ideal environment for both studying and socializing. A detached den/playroom adds flexible space for entertainment, group projects, or quiet focus (foosball table and fridge included). Every major component was fully updated in 2025 - flooring, drywall, insulation, interior and exterior paint, lighting, electrical, plumbing, bathrooms, and kitchen - all permitted with the City of Boulder. New washer and dryer included. Sprinkler system in place for easy landscape maintenance. This place needs nothing. Parking is a major advantage: large 1-car detached garage, 3 designated off-street spaces, plus typically available on-street parking - a true differentiator for student households. For investors, the excellent location plus the numbers work: strong cash flow, tenants pay all utilities and trash, plus low-maintenance improvements throughout. Whether you're planning strategically for your student's college years or securing a proven income-producing asset in a premier location, this property offers immediate income and long-term wealth-building potential. Schedule your private showing today. Call me with any questions.
Listing Agent
Live West Realty Brokerage Phone: 7203264646 License #100053613 Listed on: 02/13/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,344
Year Built
- Built in 1922
Lot Details
- 6,970 Sq Ft Lot
Parking
- 1 Car Garage
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Partial Basement
Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Eco-Friendly Details
- Green Energy Generation
- Energy-Efficient Thermostat
Schools
- University Hill Elementary School
- Manhattan Middle School
- Boulder High School
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- Radiant Heating System
- Cable TV Available
Community Details
- No Home Owners Association
- Interurban Park Subdivision
Listing and Financial Details
- Assessor Parcel Number R0006536
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,596 | $76,175 | $57,669 | $18,506 |
| 2024 | $5,596 | $76,175 | $57,669 | $18,506 |
| 2023 | $5,498 | $70,370 | $58,759 | $15,296 |
| 2022 | $5,194 | $62,884 | $48,143 | $14,741 |
| 2021 | $5,568 | $64,693 | $49,528 | $15,165 |
| 2020 | $5,306 | $60,954 | $41,256 | $19,698 |
| 2019 | $5,225 | $60,954 | $41,256 | $19,698 |
| 2018 | $4,809 | $55,462 | $36,936 | $18,526 |
| 2017 | $4,658 | $61,316 | $40,835 | $20,481 |
| 2016 | $3,983 | $46,017 | $31,522 | $14,495 |
| 2015 | $3,772 | $37,372 | $15,522 | $21,850 |
| 2014 | $3,142 | $37,372 | $15,522 | $21,850 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/13/2026 02/13/26 | For Sale | $1,525,000 | +85.3% | $1,241 / Sq Ft | |
| 10/25/2024 10/25/24 | Sold | $823,000 | -4.3% | $517 / Sq Ft | View Prior Sale |
| 09/30/2024 09/30/24 | For Sale | $860,000 | -- | $540 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $823,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $95,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Deed | -- | -- |
Source: IRES MLS
MLS Number: IRE1051609
APN: 1577061-05-005
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Ask me questions while you tour the home.