NOT LISTED FOR SALE

2345 Walnut St Boulder, CO 80302

Whittier Neighborhood

Estimated Value: $1,056,000 - $1,329,727

4 Beds
2 Baths
1,900 Sq Ft
$605/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $1,080,000 $568 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,655/month

153 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Canyon Park
  • Whittier Elementary School Rated A-

About This Home

As of December 2024

Charming duplex in a prime Downtown Boulder location! This unique property features two separate homes on a spacious 7,320 square foot lot, offering both charm and versatility. Unlike typical duplexes, these are two distinct structures, providing privacy and comfort. Zoned RH2, the property allows for flexible development options, with the city permitting up to 40% of the FAR to remain undeveloped without restrictions on the number of units.Nestled on the quiet end of the street, north of the road and west of Folsom, this fantastic location boasts potential mountain views. It's centrally located, close to the Chamber of Commerce, Arapahoe Village shopping, McGuckins, 29th Street Mall, and Pearl Street Mall.The seller is open to selling the two adjacent west properties along with this one, creating an exceptional investment opportunity. Don't miss out on this rare opportunity in the heart of Boulder-act quickly! If 2345, 2333 and 2319 Walnut are bought at the same time seller will discount the price of all 3 by $400,000 to $5,200,000!

Last Agent to Sell the Property

AJ Chamberlin

RE/MAX Alliance-Boulder Listed on: 06/04/2024

Last Buyer's Agent

Matthew Johnke

Johnke, Matthew Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,175

Year Built

  • Built in 1920

Lot Details

  • 7,320 Sq Ft Lot
  • Sprinkler System

Parking

  • 4 Parking Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $4,950
  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0005822

Community Details

Overview

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

Building Details

  • Gross Income $46,170
  • Net Operating Income $35,124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,175

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Inclusions: Window Coverings,Electric Range/Oven,Gas Range/Oven,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer
  • Year Built: 1920
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Boulder O T East & West & North
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1900
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 4
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Features: Other Floor
  • Room Kitchen Features: Other Floor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalks, Lawn Sprinkler System
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • IRESDS_GarageType: None

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural 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: SFR
  • Lot Size Sq Ft: 7320
  • Parcel #: R0005822
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7175

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 46170
  • Total Actual Rent: 4950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Dec 12, 2024
Sold by
Frank E And Barbara S Mouffe Trust
Bought by
Johnke Matthew and Johnke Roberte Alexandrine
Seller's Agent
AJ Chamberlin
RE/MAX Alliance-Boulder
Buyer's Agent
Matthew Johnke
Johnke, Matthew Realty
List Price
$1,800,000
Sold Price
$1,080,000
Premium/Discount to List
-$720,000
-40%
Views
19
Current Estimated Value
$1,149,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,432
Avg. Annual Appreciation
6.43%
Original Mortgage
$756,000
Outstanding Balance
$749,974
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$399,458

Purchase Details

Closed on
Jan 4, 2024
Sold by
Frank H Mouffe Family Bypass Trust and Frank E And Barbara S Mouffe Trust
Bought by
Frank E And Barbara S Mouffe Trust

Purchase Details

Closed on
Jun 21, 1982
Bought by
Mouffe Barbara S

Purchase Details

Closed on
Jan 13, 1978
Bought by
Mouffe Barbara S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnke Matthew $1,080,000 Land Title Guarantee
Johnke Matthew $1,080,000 Land Title Guarantee
Frank E And Barbara S Mouffe Trust -- None Listed On Document
Mouffe Barbara S -- --
Mouffe Barbara S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnke Matthew $756,000
Closed Johnke Matthew $756,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $1,080,000 -10.0% $568 / Sq Ft
11/02/2024 11/02/24 Price Changed $1,200,000 -20.0% $632 / Sq Ft
07/09/2024 07/09/24 Price Changed $1,500,000 -16.7% $789 / Sq Ft
06/04/2024 06/04/24 For Sale $1,800,000 -- $947 / 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 $7,307 $74,439 $61,063 $13,376
2024 $7,307 $74,439 $61,063 $13,376
2023 $7,175 $81,345 $72,199 $12,830
2022 $6,153 $64,641 $54,036 $10,605
2021 $5,874 $66,502 $55,591 $10,911
2020 $5,221 $59,975 $47,977 $11,998
2019 $5,141 $59,975 $47,977 $11,998
2018 $4,772 $55,037 $38,160 $16,877
2017 $4,622 $60,846 $42,188 $18,658
2016 $4,489 $51,852 $38,447 $13,405
2015 $4,250 $41,798 $21,333 $20,465
2014 $3,514 $41,798 $21,333 $20,465
Source: Public Records

Agents Affiliated with this Home

  • AJ Chamberlin

    Seller's Agent in 2024

    AJ Chamberlin

    RE/MAX

    (303) 588-8999

    3 in this area

    28 Total Sales

    AJ Chamberlin
    Section Image

  • M

    Buyer's Agent in 2024

    Matthew Johnke

    Johnke, Matthew Realty

    (303) 221-6400

    2 in this area

    3 Total Sales

    Matthew Johnke
    Section Image
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Map

Source: IRES MLS

MLS Number: 1011158

IRES MLS

APN: 1463304-31-010

Colorado Boulder County Boulder 80302 Whittier

2345 Walnut St, Boulder, CO

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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