NOT LISTED FOR SALE

Estimated Value: $833,000 - $1,328,000

2 Beds
2 Baths
2,118 Sq Ft
$472/Sq Ft Est. Value

Last Sold December 18, 2013

Last sale price $525,000 $248 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,593/month

144 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Cooling Available
  • Casey Middle School Rated A-
  • Balcony
  • Forced Air Heating System

About This Home

As of December 2013

North Boulder location with year long leases and no vacancy! 2 units-one with long term tenant- the other with lease ending 8/2014. Impressive views....lots of space,fireplace & more!This 2 unit condo features a 3BR-2 BA unit+ a main floor 1-BR uni tw/great rental history.The 1 BR unit has the same tenant for 5+ years...the 3 BR rents quickly and is leased thru 8/2014.This location is prime and close to North Boulder Shopping, Ideal Market,& minutes to Pearl Street.3 Reserved Parking spaces!

Last Agent to Sell the Property

Barb Pozzi

The Colorado Group Listed on: 06/27/2013

The Colorado Group

Last Buyer's Agent

Todd Walsh

Market Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,187

Year Built

  • Built in 1978

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Columbine Elementary School
  • Casey Middle School
  • Boulder High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Balcony
  • 26 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0073559

Community Details

Overview

  • No Home Owners Association
  • Association fees include trash, snow removal, ground maintenance, management, maintenance structure
  • 2 Units
  • Washington Square Subdivision

Amenities

  • Community Storage Space

Building Details

  • Gross Income $37,200
  • Net Operating Income $30,413

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,187

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Subdivision Name: Washington Square
  • Directions: Broadway to 3000 Broadway....on the east side of the street/ Park in Visitor Parking
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2118
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: 2 or more H20 Heaters, Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: Separate Dining Room
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Balcony
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Forced Air, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Maintenance Grounds, Management, Maintenance Structure
  • Community Features: Extra Storage
  • 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: Casey

Lot Info

  • Zoning: INC
  • Lot Size Sq Ft: 26
  • Parcel #: R0073559
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2187

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 37200
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2004
Sold by
Warren John E C and Warren Margaret B
Bought by
Shear Ronald H
Current Estimated Value
$999,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,300
Outstanding Balance
$92,162
Interest Rate
1.62%
Mortgage Type
Negative Amortization
Estimated Equity
$907,390

Purchase Details

Closed on
Mar 31, 1998
Sold by
Keracik Georgiana and Keracik Rick M
Bought by
Warren John E C and Warren Margaret B

Purchase Details

Closed on
Sep 30, 1996
Sold by
Stuber Robert E and Stuber Gloria R
Bought by
Keracik Georgiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
9.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shear Ronald H $342,000 First Colorado Title
Warren John E C $235,000 --
Keracik Georgiana $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shear Ronald H $273,300
Previous Owner Keracik Georgiana $129,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $525,000 -- --
12/18/2013 12/18/13 Sold $525,000 -9.5% $248 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $580,000 -- $274 / 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 $4,453 $54,169 -- $54,169
2024 $4,453 $54,169 -- $54,169
2023 $4,370 $48,868 -- $52,553
2022 $4,505 $46,899 $0 $46,899
2021 $4,303 $48,248 $0 $48,248
2020 $4,434 $50,944 $0 $50,944
2019 $4,367 $50,944 $0 $50,944
2018 $3,572 $41,198 $0 $41,198
2017 $3,460 $45,547 $0 $45,547
2016 $3,529 $40,763 $0 $40,763
2015 $3,341 $24,517 $0 $24,517
2014 $2,108 $24,517 $0 $24,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 712508

IRES MLS

APN: 1463193-57-001