NOT LISTED FOR SALE

298 Arapahoe Ave Boulder, CO 80302

Boulder Area
13 Beds
12 Baths
4,193 Sq Ft
0.49 Acre Lot

Sale Details

Date Sold: August 1, 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 License #100031424 Listed on: 03/08/2022

The Colorado Group

Last Buyer's Agent

Scott Crabtree

The Colorado Group License #100031424 Listed on: 03/08/2022

The Colorado Group
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 21,276 Sq Ft 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

0.49 Acres

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"]

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

Closed on
Nov 3, 2022
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
$2,400,000
Outstanding Balance
$1,726,535
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jul 1, 2022
Sold by
Bought by
Seller's Agent
Scott Crabtree
The Colorado Group
Buyer's Agent
Scott Crabtree
The Colorado Group
List Price
$3,425,000
Sold Price
$3,200,000
Premium/Discount to List
-$225,000
-6.57%

Purchase Details

Listed on
Jun 30, 2014
Closed on
Aug 20, 2014
Sold by
Bought by
Seller's Agent
Todd Walsh
Market Real Estate
Buyer's Agent
Todd Walsh
Market Real Estate
List Price
$1,800,000
Sold Price
$1,850,000
Premium/Discount to List
$50,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$1,387,500
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 11, 1991
Bought by

Purchase Details

Closed on
May 22, 1990
Bought by

Purchase Details

Closed on
Jun 9, 1989
Bought by
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
-- Land Title
$3,200,000 New Title Company Name
$1,850,000 Land Title Guarantee Company
$612,500 --
-- --
$425,000 --
-- --
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 $2,400,000
Previous Owner $1,387,500
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 Prior Sale
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 View Prior Sale
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

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 $21,300 $217,600 $100,599 $117,001
2025 $21,300 $217,600 $100,599 $117,001
2024 $20,868 $227,656 $92,463 $135,193
2023 $20,547 $210,715 $73,700 $140,700
2022 $22,492 $216,240 $70,516 $145,724
2021 $22,031 $227,370 $74,146 $153,224
2020 $17,486 $178,672 $74,146 $104,526
2019 $17,248 $178,672 $74,146 $104,526
2018 $15,988 $163,944 $68,256 $95,688
2017 $15,543 $181,250 $75,461 $105,789
2016 $9,805 $113,239 $51,899 $61,340
2015 $9,285 $95,520 $42,188 $53,332
2014 $8,033 $95,520 $42,188 $53,332
Source: Public Records

Agents Affiliated with this Home

  • Scott Crabtree Real Estate Agent - The Colorado Group

    Seller's Agent in 2022

    Scott Crabtree

    The Colorado Group

    (720) 635-5054

    21 Total Sales

    Scott Crabtree
    Section Image
  • Todd Walsh Real Estate Agent - Market Real Estate

    Seller's Agent in 2014

    Todd Walsh

    Market Real Estate

    (252) 342-6227

    48 Total Sales

    Todd Walsh
    Section Image

  • MK

    Seller Co-Listing Agent in 2014

    Miles King

    The Colorado Group

    Section Image
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Map

Source: IRES MLS

MLS Number: IRE960319

IRES MLS

APN: 1461-36-2-00-022

Colorado Boulder County Boulder 80302

298 Arapahoe Ave, Boulder, CO

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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID
Listings courtesy of IRES MLS as distributed by MLS GRID

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