NOT LISTED FOR SALE

3460 Madison Ave Boulder, CO 80303

East Aurora Neighborhood
1 Bed
1 Bath
7,292 Sq Ft
0.34 Acres

Last Sold January 15, 2019

Last sale price $2,750,000 $377 Per Sq Ft

21 Days on Market

Highlights

  • 0.34 Acre Lot
  • Open Floorplan
  • No HOA
  • Creekside Elementary School Rated A
  • Cathedral Ceiling
  • Skylights

About This Home

As of January 2019

12 Unit Multifamily in Fantastic Location Close to CU. Standard 1-Bed Units w/ Consistent Floor Plans, Large Living Spaces, Vaulted Ceilings, Skylights, Lots of Closet Space, Full Baths, W/D's in Unit, Patios. Current Average/Unit $1,280/Month w/ New Leases $1,365 & Potential to Increase to $1,375 & Charge Parking, Pets, Storage & Utils. Many Tenants Long-Term. Mostly Grad Students & Professionals. 14 Parking Spaces & Exterior Storage Units. Newer Windows, 5-Year-Old Furnaces & H2O Heaters.

Last Agent to Sell the Property

Michael-Ryan McCarty

Gibbons-White, Inc. License #40029628 Listed on: 10/23/2018

Co-Listed By

Angela Topel

Gibbons-White, Inc.

Last Buyer's Agent

Tucker Brown

LIV Sotheby's Intl Realty

LIV Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,784

Year Built

  • Built in 1967

Lot Details

  • 0.34

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 7,292 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Creekside Elementary School
  • Manhattan Middle School
  • Fairview High School

Utilities

  • Air Conditioning
  • Forced Air Heating System

Additional Features

  • Patio
  • 0.34 Acre Lot

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0013539

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • West View Gardens Subdivision

Building Details

  • Gross Income $198,000
  • Net Operating Income $151,017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,784

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: 0GIBB
  • Subdivision Name: West View Gardens
  • Directions: From 30th St and Colorado Ave, South to Madison Ave, East to Property.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 7292
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, All Appliances, Disposal
  • Has Basement: None
  • Total Bedrooms: 1
  • Entry Location: Outside Entry
  • Interior Amenities: Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan, Outside Entry
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Abuts Ditch, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Separate Meter Electricity, Xcel
  • Heating: Forced Air, Individual Heat Source
  • Utilities: Natural Gas Available, Electricity 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, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RH-5
  • Lot Size Sq Ft: 14992
  • Parcel #: R0013539
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 12784

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 198000
  • Income Includes: ["Lease/Rents"]
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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 List to Sale Price per Sq Ft
04/15/2019 04/15/19 Off Market $2,750,000 -- --
01/15/2019 01/15/19 Sold $2,750,000 -8.3% $377 / Sq Ft
10/23/2018 10/23/18 For Sale $3,000,000 -- $411 / Sq Ft
Source: IRES MLS

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 $23,678 $239,601 $82,213 $157,388
2024 $23,678 $239,601 $82,213 $157,388
2023 $23,237 $258,647 $96,862 $165,470
2022 $19,402 $199,240 $58,276 $140,964
2021 $18,932 $209,496 $61,276 $148,220
2020 $15,559 $178,751 $61,276 $117,475
2019 $15,321 $178,751 $61,276 $117,475
2018 $13,196 $152,208 $56,448 $95,760
2017 $12,784 $168,274 $62,406 $105,868
2016 $12,136 $140,200 $42,268 $97,932
2015 $11,492 $133,505 $44,337 $89,168
2014 $11,225 $133,505 $44,337 $89,168
Source: Public Records

Agents Affiliated with this Home

  • Michael-Ryan McCarty

    Seller's Agent in 2019

    Michael-Ryan McCarty

    Gibbons-White, Inc.

    (303) 442-1040

    20 Total Sales

    Michael-Ryan McCarty
    Section Image
  • Angela Topel

    Seller Co-Listing Agent in 2019

    Angela Topel

    Gibbons-White, Inc.

    (303) 564-1977

    22 Total Sales

    Angela Topel
    Section Image

  • T

    Buyer's Agent in 2019

    Tucker Brown

    LIV Sotheby's Intl Realty

    Section Image
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Map

Source: IRES MLS

MLS Number: IRE865241

IRES MLS

APN: 1463-32-4-06-015

Colorado Boulder County Boulder 80303 East Aurora

3460 Madison Ave, Boulder, CO

Not Listed for Sale

MultiFamily

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.

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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