3040 Ash Ave Boulder, CO 80305
South Boulder NeighborhoodEstimated Value: $860,000 - $878,000
3
Beds
2
Baths
1,512
Sq Ft
$574/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Wood Flooring
- Eat-In Kitchen
- Creekside Elementary School Rated A
- No HOA
- Patio
About This Home
As of February 2021Excellent opportunity for an investor or 1st time homeowner with great cash flow. This home is a short walk/bike to RTD, Martin Park and bike/ped path with a strong rental history (leased through 7/31/21) It's Smart Reg Compliant, making it a nice portfolio addition or residence in a very attractive, appreciating SOBO neighborhood. Possible ADU too.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,642
Year Built
- Built in 1955
Lot Details
- 6,174 Sq Ft Lot
- Partially Fenced Property
- Level Lot
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 1,512 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Window Treatments
- Wood Flooring
- Partial Basement
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Exterior Lighting
- Outdoor Storage
Schools
- Creekside Elementary School
- Manhattan Middle School
- Fairview High School
Utilities
- Forced Air Heating System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tenant pays for deposit, gas, electricity, water, sewer, trash collection
- Assessor Parcel Number R0008707
Community Details
Overview
- No Home Owners Association
- Highland Park 3 Subdivision
Building Details
- Gross Income $51,600
- Net Operating Income $47,158
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2020
Closed on
Feb 17, 2021
Sold by
Gilchrist Anthony G and Gilchrist Anne D
Bought by
Brower Paul Anderson and Brower Madison Lee
Seller's Agent
Matt DePofi
The Landmark Group
Buyer's Agent
Stephanie N Watson
Porchlight RE Group-Boulder
List Price
$735,000
Sold Price
$685,000
Premium/Discount to List
-$50,000
-6.8%
Total Days on Market
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,385
Avg. Annual Appreciation
5.67%
Original Mortgage
$548,000
Outstanding Balance
$496,410
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$370,975
Purchase Details
Closed on
May 14, 2010
Sold by
Dir Investments Llc
Bought by
Gilchrist Anthony G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2009
Sold by
Quinby Patricia A and Zrubek Annie
Bought by
Dir Investments Llc
Purchase Details
Closed on
Aug 5, 2008
Sold by
Zrubek Annie
Bought by
Quinby Patricia A
Purchase Details
Closed on
Jul 24, 2008
Sold by
Quinby Robert D
Bought by
Quinby Patricia A
Purchase Details
Closed on
Oct 10, 2006
Sold by
Zrubek Kurt and Zrubek Annie
Bought by
Zrubek Kurt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
6.44%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 6, 2006
Sold by
Haynes Alice W
Bought by
Zrubek Kurt and Zrubek Annie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
6.44%
Mortgage Type
Unknown
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Similar Home in Boulder, CO
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brower Paul Anderson | $685,000 | Land Title Guarantee | |
| Gilchrist Anthony G | $330,000 | Land Title Guarantee Company | |
| Dir Investments Llc | -- | None Available | |
| Zrvbek Annie | -- | None Available | |
| Quinby Patricia A | -- | None Available | |
| Quinby Patricia A | -- | None Available | |
| Zrubek Kurt | -- | None Available | |
| Zrubek Kurt | $246,300 | Land Title Guarantee Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brower Paul Anderson | $548,000 | |
| Previous Owner | Gilchrist Anthony G | $241,000 | |
| Previous Owner | Gilchrist Anthony G | $245,000 | |
| Previous Owner | Gilchrist Anthony G | $247,500 | |
| Previous Owner | Zrubek Kurt | $197,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2021 05/19/21 | Off Market | $685,000 | -- | -- |
| 02/17/2021 02/17/21 | Sold | $685,000 | -2.0% | $453 / Sq Ft |
| 01/08/2021 01/08/21 | Price Changed | $699,000 | -4.9% | $462 / Sq Ft |
| 12/02/2020 12/02/20 | For Sale | $735,000 | -- | $486 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,900 | $50,663 | $26,769 | $23,894 |
| 2023 | $4,815 | $55,751 | $31,483 | $27,952 |
| 2022 | $4,404 | $47,426 | $23,845 | $23,581 |
| 2021 | $3,926 | $45,617 | $24,532 | $21,085 |
| 2020 | $3,698 | $42,485 | $23,595 | $18,890 |
| 2019 | $3,642 | $42,485 | $23,595 | $18,890 |
| 2018 | $3,379 | $38,974 | $21,744 | $17,230 |
| 2017 | $3,273 | $43,087 | $24,039 | $19,048 |
| 2016 | $2,791 | $32,238 | $15,124 | $17,114 |
| 2015 | $2,643 | $25,472 | $15,522 | $9,950 |
| 2014 | $2,142 | $25,472 | $15,522 | $9,950 |
Source: Public Records
Agents Affiliated with this Home
-
Matt DePofi
Seller's Agent in 2021
Matt DePofi
The Landmark Group
(303) 550-3400
4 in this area
31 Total Sales
-
Stephanie N Watson
Buyer's Agent in 2021
Stephanie N Watson
Porchlight RE Group-Boulder
(303) 506-2137
6 in this area
50 Total Sales
Map
Source: IRES MLS
MLS Number: 929533
APN: 1577053-18-002
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Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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.
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