NOT LISTED FOR SALE

2616 Juniper Ave Unit s 1-8 Boulder, CO 80304

North Boulder Neighborhood

Estimated Value: $276,000 - $310,000

10 Beds
8 Baths
4,892 Sq Ft
$59/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $1,100,000 $225 Per Sq Ft

Current estimated payment $1,727/month

171 Days on Market

Highlights

  • Deck
  • Multiple Fireplaces
  • Community Pool
  • Centennial Middle School Rated A-
  • No HOA
  • 4-minute walk to Parkside Park

About This Home

As of April 2014

8 unit building in Willow Springs. This a great Boulder income property. 6 units have fireplaces, 6 units have either a balcony or patio.The HOA covers pool, park,tennis courts & lawn care. All units are leased through 8/5/2014. On Bus line, close to shopping and restaurants. Priced for immediate sale.Note: potential rental income stated is based on renewal rates that will be applied for 2014. Current Rental Income is $94,820. Rental Income for August 2014-2015 $98,760.

Last Agent to Sell the Property

Kathy Aguer

Kathy Aguer Listed on: 10/11/2013

Last Buyer's Agent

Denise Maslanka

RE/MAX of Boulder, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,690

Year Built

  • Built in 1978

Lot Details

  • 26 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,892 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Columbine Elementary School
  • Centennial Middle School
  • Boulder High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, electricity, water, sewer
  • Assessor Parcel Number R0077604

Community Details

Overview

  • No Home Owners Association
  • Association fees include common amenities, trash, snow removal, ground maintenance, utilities, maintenance structure
  • 8 Units
  • Willow Springs Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Building Details

  • Gross Income $98,760
  • Net Operating Income $63,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,690

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Road Frontage Type: Priv Rd up to County Standards, City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Willow Springs
  • Directions: North on Folsom (26th St)from Iris. East (right)on Juniper.1st right to 2616.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4892
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 10
  • Fireplace Features: 2+ Fireplaces
  • Fireplace: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalks, Lawn Sprinkler System, Cul-De-Sac, Level
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Wood Siding
  • Exterior Features: Lighting, Balcony
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Baseboard
  • Utilities: Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Utilities, Maintenance Structure
  • Community Features: Tennis Court(s), Pool, Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Columbine
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Centennial

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 26
  • Parcel #: R0077604
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 6690

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 98760
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 35490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2005
Sold by
Friedenberg Michael and Schmid Kathie
Bought by
Friedenberg Michael
Current Estimated Value
$290,636

Purchase Details

Closed on
Oct 16, 2003
Sold by
Harrison Steven and Peak Property Exchange Inc
Bought by
Friedenberg Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
4.24%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 19, 1992
Bought by
Meadow Trail Llc

Purchase Details

Closed on
Jul 5, 1990
Bought by
Meadow Trail Llc

Purchase Details

Closed on
May 28, 1986
Bought by
Meadow Trail 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
Friedenberg Michael -- North American Title
Friedenberg Michael -- North American Title
Friedenberg Michael $105,000 North American Title Company
Friedenberg Michael $105,000 North American Title Company
Meadow Trail Llc $302,800 --
Meadow Trail Llc $302,800 --
Meadow Trail Llc $244,700 --
Meadow Trail Llc $244,700 --
Meadow Trail Llc $275,000 --
Meadow Trail Llc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Meadow Trail Llc $50,000
Closed Meadow Trail Llc $1,450,000
Closed Friedenberg Michael $77,157
Closed Friedenberg Michael A $77,700
Closed Friedenberg Michael $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $1,100,000 -- --
04/30/2014 04/30/14 Sold $1,100,000 -15.1% $225 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $1,295,000 -- $265 / 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 $1,463 $18,794 -- $18,794
2024 $1,463 $18,794 -- $18,794
2023 $1,435 $15,749 -- $19,434
2022 $1,601 $16,430 $0 $16,430
2021 $1,530 $16,903 $0 $16,903
2020 $1,454 $16,702 $0 $16,702
2019 $1,432 $16,702 $0 $16,702
2018 $1,325 $15,278 $0 $15,278
2017 $1,283 $16,891 $0 $16,891
2016 $1,052 $12,155 $0 $12,155
2015 $996 $9,027 $0 $9,027
2014 $759 $9,027 $0 $9,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 721096

IRES MLS

APN: 1463202-13-006