NOT LISTED FOR SALE
5 Beds
3 Baths
2,067 Sq Ft
4,476 Sq Ft Lot

Sale Details

Date Sold: August 2, 2021

Last sale price $1,197,000 $579 Per Sq Ft

22 Days on Market

Highlights

  • Deck
  • No HOA
  • Fireplace
  • Whittier Elementary School Rated A-
  • Cottage
  • 3-minute walk to Barker Park

About This Home

As of August 2021

Premium Downtown Boulder Location! Rarely available investment property on 15th, just 2 blocks from Pearl Street. New roof and exterior paint in April 2021. Spacious 3 bedroom, 2 bath apartment with an inviting front porch on the main level and a charming 2 bedroom, 1 bath apartment with vaulted ceilings, hardwood floors, a deck and views on upper level. Purchase and live in one unit and rent out the other, or convert to a single family home. Rents are below market value. Great potential!

Last Agent to Sell the Property

Linda Nehls

RE/MAX of Boulder, Inc License #40043145 Listed on: 05/20/2021

Last Buyer's Agent

Rich Gribbon

RE/MAX of Boulder, Inc License #1325850

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,750

Year Built

  • Built in 1920

Lot Details

  • 4,476 Sq Ft Lot
  • Level Lot

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,067 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Schools

  • University Hill Elementary School
  • Casey Middle School
  • Boulder High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0003246

Community Details

Overview

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

Building Details

  • Gross Income $60,000
  • Net Operating Income $51,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,750

Year Built

Built in 1920

Lot Details

4,476 Sq Ft Lot

Listing Details

  • Year Built: 1920
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Boulder O T East & West & North
  • Directions: Pine St to 15th, north on 15th to property on the right.
  • Architectural Style: Cottage/Bung
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2067
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Disposal
  • Has Basement: None
  • Total Bedrooms: 5
  • Fireplace Features: Single Fireplace
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air, Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 4476
  • Parcel #: R0003246
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6750

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 60000

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

Listed on
May 20, 2021
Closed on
Aug 2, 2021
Sold by
Bought by
Seller's Agent
Linda Nehls
RE/MAX of Boulder, Inc
Buyer's Agent
Rich Gribbon
RE/MAX of Boulder, Inc
List Price
$1,297,700
Sold Price
$1,197,000
Premium/Discount to List
-$100,700
-7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 2004
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
$400,000
Interest Rate
0.0412%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
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
$400,000
Interest Rate
0.0412%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 1993
Sold by
Bought by

Purchase Details

Closed on
May 25, 1973
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,197,000 Land Title Guarantee Co
-- --
-- --
-- First American Heritage Titl
-- --
-- --
-- --
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
Open $350,000
Previous Owner $400,000
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
08/02/2021 08/02/21 Sold $1,197,000 0.0% $579 / Sq Ft
06/07/2021 06/07/21 Price Changed $1,197,000 -7.8% $579 / Sq Ft
05/20/2021 05/20/21 For Sale $1,297,700 -- $628 / 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 $9,830 $110,323 $58,385 $51,938
2025 $9,830 $110,323 $58,385 $51,938
2024 $8,254 $101,401 $53,663 $47,738
2023 $8,106 $92,125 $56,515 $39,296
2022 $7,989 $84,409 $43,153 $41,256
2021 $7,639 $88,753 $45,374 $43,379
2020 $6,750 $77,542 $38,896 $38,646
2019 $6,646 $77,542 $38,896 $38,646
2018 $6,151 $70,942 $29,880 $41,062
2017 $5,958 $78,430 $33,034 $45,396
2016 $5,616 $64,874 $27,462 $37,412
2015 $5,318 $55,720 $23,880 $31,840
2014 $4,685 $55,720 $23,880 $31,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE940842

IRES MLS
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