NOT LISTED FOR SALE

298 Arapahoe Ave Boulder, CO 80302

13 Beds
12 Baths
4,193 Sq Ft
0.49 Acres

Last Sold August 01, 2022

Last sale price $3,200,000 $763 Per Sq Ft

29 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Baseboard Heating
  • Flatirons Elementary School Rated A
  • Cul-De-Sac
  • 2-minute walk to Eben G. Fine Park

About This Home

As of August 2022

The Crabtree Team with The Colorado Group, Inc. is pleased to present 298 Arapahoe, a mulitfamily cash-flowing asset with development potential in the heart of Boulder, Colorado.The City of Boulder has achieved some of the nation's top rankings. In 2017, National Geographic named Boulder the 'Happiest City in America' while Niche named it the '#1 Healthiest County in America' in 2018. Home to a thriving tech scene, top ranking university, and world class recreation, Boulder is one of the most desirable places to live in the country and thus has some of the highest barriers to entry of any community in the region, which has helped keep its multifamily market so strong.Perfectly located, 298 Arapahoe is at the intersection of both Flagstaff and Canyon paths - and across the street from Ebin G. Fine Park - just steps away from fishing, biking, hiking, and tubing. It is in unincorporated Boulder County.

Last Agent to Sell the Property

Scott Crabtree

The Colorado Group Listed on: 03/08/2022

The Colorado Group

Last Buyer's Agent

Scott Crabtree

The Colorado Group Listed on: 03/08/2022

The Colorado Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.49 Acre Lot
  • Cul-De-Sac
  • Unincorporated Location
  • Wooded Lot

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,193 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 12 Bathrooms

Schools

  • Flatirons Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0033158

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • Tr, Nbr 158, 160, 162 Subdivision

Building Details

  • Gross Income $206,227
  • Net Operating Income $154,671

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.49
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: TR, NBR 158, 160, 162
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4193
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Has Basement: None
  • Total Bedrooms: 13
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Wooded, Unincorporated
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Baseboard
  • Utilities: Electricity Available
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: City Water, City of Boulder

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Flatirons
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: T
  • Lot Size Sq Ft: 21276
  • Parcel #: R0033158
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 206227
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 51556

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

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $3,200,000 -6.6% $763 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $3,425,000 +85.1% $817 / Sq Ft
01/28/2019 01/28/19 Off Market $1,850,000 -- --
08/20/2014 08/20/14 Sold $1,850,000 +2.8% $441 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $1,800,000 -- $429 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 960319

IRES MLS

APN: 1461-36-2-00-022