NOT LISTED FOR SALE

Estimated Value: $2,732,110

6 Beds
6 Baths
5,805 Sq Ft
$471/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $1,150,000 $198 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $14,771/month

27 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Brick Veneer
  • Whittier Elementary School Rated A-
  • Eat-In Kitchen
  • Property is near a bus stop

About This Home

As of August 2012

Great investment property in desirable location on Broadway near Alpine--walking distance to Whole Foods/Ideal Market. 6 spacious 940 sq ft.1 bdrm apartments. Existing annual rents are low--$68,544. Cap rate is 4.18 Should be $76,800 or more. Cap rate would be 4.87. Lot has split zoning;half is BT-2,half is RMX-1.Each unit has big lvg.rm.,eat-in kitchen,1 bath, washer/dryer & eat-in kitchen.Some units have wood floors & lots of light.9 off-street parking spots accessed from back alley.

Last Agent to Sell the Property

Allene Cash

Mock Realty Company Listed on: 07/04/2012

Last Buyer's Agent

Allene Cash

Mock Realty Company Listed on: 07/04/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,527

Year Built

  • Built in 1951

Lot Details

  • 8,289 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Legal Non-Conforming

Parking

  • Alley Access

Home Design

  • Brick Veneer
  • Tar and Gravel Roof

Interior Spaces

  • 5,805 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Natural lighting in basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Foothill Elementary School
  • Casey Middle School
  • Boulder High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near a bus stop

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0000333

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Tr Nbr101109115162170 Subdivision

Building Details

  • Gross Income $76,800
  • Net Operating Income $58,398

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,527

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Concrete
  • Subdivision Name: Tr Nbr101109115162170
  • Directions: On west side of Broadway, between North and Portland. Parking is off alley behind building.
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Legal Non-conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5805
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Refrigerator, Washer, Dryer
  • Accessibility Features: Near Bus
  • Has Basement: Daylight
  • Total Bedrooms: 6
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Tar/Gravel
  • Fencing: Partial
  • Lot Features: Curbs, Sidewalks, Lawn Sprinkler System, Level
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Excel
  • Heating: Hot Water, Baseboard, Individual Heat Source
  • 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, Excel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Foothill,Whittier
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Casey

Lot Info

  • Zoning: RMX-1,BT-2
  • Lot Size Sq Ft: 8289
  • Parcel #: R0000333
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 7527

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 76800
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 18402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2012
Closed on
Aug 31, 2012
Sold by
John M Austin Revocable Trust
Bought by
Bsm Broadway Llc
Seller's Agent
Allene Cash
Mock Realty Company
Buyer's Agent
Allene Cash
Mock Realty Company
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Current Estimated Value
$2,732,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,582,110
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Sep 6, 2000
Sold by
Austin John M and Austin Judith A
Bought by
Austin John M

Purchase Details

Closed on
Jul 13, 1973
Bought by
Bsm Broadway Llc
Source: Public Records

Range of Values:

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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
Bsm Broadway Llc $1,145,000 First Colorado Title
Austin John M -- --
Bsm Broadway Llc $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Housing Authority Of The City Of Boulder $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $1,150,000 -- --
08/31/2012 08/31/12 Sold $1,150,000 -4.2% $198 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
07/04/2012 07/04/12 For Sale $1,200,000 -- $207 / 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 -- $224,194 $59,694 $164,500
2024 -- $224,194 $59,694 $164,500
2023 $0 $254,647 $70,484 $184,163
2022 $0 $107,031 $42,187 $64,844
2021 $0 $110,111 $43,401 $66,710
2020 $0 $133,849 $43,401 $90,448
2019 $0 $133,849 $43,401 $90,448
2018 $0 $134,784 $43,704 $91,080
2017 $11,320 $149,011 $48,317 $100,694
2016 $9,329 $107,771 $31,124 $76,647
2015 $8,834 $102,628 $42,506 $60,122
2014 $8,629 $102,628 $42,506 $60,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 685948

IRES MLS

APN: 1463302-00-005