NOT LISTED FOR SALE

Estimated Value: $217,000 - $274,829

2 Beds
1.5 Baths
851 Sq Ft
$289/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $199,000 $234 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,813/month

85 Days on Market

Highlights

  • Mountain View
  • Deck
  • Tile Flooring
  • Flatirons Elementary School Rated A
  • Patio
  • 4-minute walk to Eben G. Fine Park

About This Home

As of October 2020

2 bedroom/2 bath townhome style condo with an incredible opportunity to live in the heart of Boulder for under $200K!!! Revolving land lease that can be used as your primary home or be a great rental opportunity. Land lease for 2019 was $19,453 & is tax deductible. Current owner leased at 30% capacity for over $41K in 2019 through Air BNB. Close proximity to the world famous Pearl Street Mall, Eben G Fine Park, hiking, & great schools. Call us for more information on how it works.

Last Listed By

Eric Breslin

Compass - Denver License #100020219 Listed on: 07/02/2020

Compass - Denver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $827

Year Built

  • Built in 1975

Lot Details

  • 1.8

HOA Fees

  • $365 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 851 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room with Fireplace
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Water Heater

Listing and Financial Details

  • Exclusions: Seller's personal property.
  • Assessor Parcel Number R0065986

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, sewer, snow removal, trash, water
  • Arapahoe West Association, Phone Number (303) 449-6537
  • Low-Rise Condominium
  • Arapahoe West Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$827

Year Built

Built in 1975

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Multi-Family
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 851
  • Exclusions: Seller's personal property.
  • Living Area: 851
  • Pets Allowed: Cats OK, Dogs OK
  • Directions: West on Arapahoe past 4th st, pass on Broadway Salon and Spa, driveway on South, complex is off Arapahoe behind a two story complex on street.
  • SubdivisionName: Arapahoe West
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • Ratio Close Price By Original Li: 1.00000
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • View: Mountain(s)
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Hot Water
  • Water Source: Public
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
  • Association Name: Arapahoe West
  • Association Fee Frequency: Monthly
  • Association Fee: 365
  • Phone: 303-449-6537
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4380.00
  • REC_AssociationFeeTotalAnnual: 4380.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Manhattan

Lot Info

  • Parcel Number: R0065986
  • Building Area Total: 851

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 827

MLS Schools

  • Elementary School: Flatirons
  • High School: Boulder

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Oct 23, 2020
Sold by
Johnson Tanja
Bought by
Katherine Thompson Living Trust
Seller's Agent
Eric Breslin
Compass - Denver
Buyer's Agent
Mitch Gilbert
RE/MAX Professionals
List Price
$199,000
Sold Price
$199,000
Total Days on Market
85
Current Estimated Value
$245,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,707
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Nov 13, 2018
Sold by
Moyes Ariane
Bought by
Koch Johnson Anna Karina

Purchase Details

Closed on
Aug 25, 2016
Sold by
Kendricik Jaems M
Bought by
Jonson Tanja

Purchase Details

Closed on
Sep 26, 2000
Sold by
Martinez A Kimberly
Bought by
Kendrick James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
7.97%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Olson Peggy A and Mays Stephanie L
Bought by
Martinez A Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
7.08%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Abbott Carol A
Bought by
Olson Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,150
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 1996
Sold by
Terry Waverly D
Bought by
Abbott Carol A

Purchase Details

Closed on
Mar 20, 1996
Sold by
Fultz Tamyra L and Terry Waverly D
Bought by
Abbott Carol A

Range of Values:

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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
Katherine Thompson Living Trust $199,000 First American
Koch Johnson Anna Karina $150,000 First American Title
Jonson Tanja $135,000 First American Title
Kendrick James M $189,900 --
Martinez A Kimberly $117,000 Land Title
Olson Peggy A $95,000 --
Abbott Carol A -- --
Abbott Carol A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kendrick James M $154,500
Previous Owner Kendrick James M $151,900
Previous Owner Martinez A Kimberly $120,000
Previous Owner Martinez A Kimberly $105,300
Previous Owner Olson Peggy A $92,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Off Market $199,000 -- --
10/26/2020 10/26/20 Sold $199,000 0.0% $234 / Sq Ft
10/26/2020 10/26/20 Sold $199,000 0.0% $234 / Sq Ft
10/02/2020 10/02/20 Off Market $199,000 -- --
09/25/2020 09/25/20 Pending -- -- --
09/25/2020 09/25/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $199,000 0.0% $234 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $199,000 0.0% $234 / Sq Ft
07/02/2020 07/02/20 For Sale $199,000 -- $234 / Sq Ft
Source: REcolorado®

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
2024 $1,029 $11,913 -- $11,913
2023 $1,029 $11,913 -- $15,598
2022 $1,284 $13,831 $0 $13,831
2021 $849 $9,867 $0 $9,867
2020 $840 $9,653 $0 $9,653
2019 $827 $9,653 $0 $9,653
2018 $782 $9,022 $0 $9,022
2017 $758 $9,974 $0 $9,974
2016 $269 $3,104 $0 $3,104
2015 $254 $3,104 $0 $3,104
2014 $267 $3,104 $0 $3,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3284010

REcolorado®

APN: 1461362-02-018