Seller's Agent in 2025
Terri Gray
milehimodern - Boulder
(720) 323-8460
3 in this area
124 Total Sales
350 Arapahoe Ave Unit 6 Boulder, CO 80302
University Hill Neighborhood
2
Beds
1.5
Baths
851
Sq Ft
$520/mo
HOA Fee
Highlights
- Open Floorplan
- Deck
- Wood Flooring
- Flatirons Elementary School Rated A
- Cathedral Ceiling
- 4-minute walk to Eben G. Fine Park
About This Home
As of May 2025Discover an exceptional investment opportunity at a competitive price point in the heart of Boulder. Ideal for a variety of uses - including an investment property, second homes or student housing - this residence marries affordability with the coveted Boulder lifestyle. The home offers two parking spaces, backs to serene open space, offering a tranquil setting paired with modern amenities. Hardwood floors grace the main level, which features a remodeled kitchen with sleek Corian counters, a cozy wood-burning fireplace and a convenient powder room. Upstairs, the primary bedroom boasts a private balcony overlooking open space, while a beautifully remodeled bathroom with a skylight adds charm. A finished attic with built-in shelves and another skylight provides versatile storage or creative space. This property's affordability is enhanced by a land lease making it an excellent option for buyers looking to maximize value. With Airbnb allowed, it offers exceptional income potential and lifestyle flexibility. It's also a great option for CU students facing limited housing availability. Financing options are cash or portfolio loan only. The property is situated on leased land with annual lease payments due each October. The lease amount adjusts annually based on the Consumer Price Index (CPI) and is reassessed every five years upon reappraisal. The October 2024 lease payment was $35,791.11. At closing, the prorated portion of this payment will be credited to the seller and debited to the buyer. The lease payment may qualify as "redeemable ground rent" for tax deduction purposes; buyers are encouraged to consult their accountant for guidance. HOA dues include water, trash, heating, exterior maintenance, and hazard insurance. Electric and gas are billed separately.
Last Buyer's Agent
Tyler Eberhart
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $711
Year Built
- Built in 1975
Lot Details
- Open Space
- North Facing Home
- Partially Fenced Property
- Wood Fence
- Landscaped with Trees
- Land Lease
HOA Fees
- $520 Monthly HOA Fees
Parking
- 2 Car Garage
- Off-Street Parking
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 851 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Skylights
- Double Pane Windows
- Living Room with Fireplace
- Laundry on main level
- Property Views
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- Balcony
- Deck
- Outdoor Storage
Schools
- Flatirons Elementary School
- Manhattan Middle School
- Boulder High School
Utilities
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number R0065974
Community Details
Overview
- Association fees include common amenities, trash, snow removal, management, utilities, maintenance structure, water/sewer
- Boulderhoa Association, Phone Number (720) 810-4626
- Arapahoe West Condos Subdivision
Recreation
- Hiking Trails
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2024
Closed on
May 16, 2025
Sold by
Clasen Christopher Steven
Bought by
Lucks Adamina N
Seller's Agent
Terri Gray
milehimodern - Boulder
Buyer's Agent
Tyler Eberhart
List Price
$235,000
Sold Price
$190,000
Premium/Discount to List
-$45,000
-19.15%
Views
600
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
$119,249
Avg. Annual Appreciation
260.35%
Original Mortgage
$142,500
Outstanding Balance
$141,992
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$167,257
Purchase Details
Closed on
May 22, 2019
Sold by
Stoken Anne W and Estate Of Kingsley D Stoken
Bought by
Sanzone Melisa
Purchase Details
Listed on
Oct 4, 2017
Closed on
Nov 1, 2017
Sold by
Greene Nancy Lee
Bought by
Stoken Kingsley
Seller's Agent
Lynn Rauh-Ryan
milehimodern - Boulder
Buyer's Agent
Lynn Rauh-Ryan
milehimodern - Boulder
List Price
$149,000
Sold Price
$149,900
Premium/Discount to List
$900
0.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Purchase Details
Closed on
Dec 20, 1978
Bought by
Greene Nancy Lee
Purchase Details
Closed on
May 26, 1978
Bought by
Greene Nancy Lee
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $190,000 | Land Title | |
| Personal Reps Deed | $200,000 | None Available | |
| Warranty Deed | $149,900 | Land Title Guarantee Co | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $142,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $190,000 | -7.3% | $223 / Sq Ft |
| 03/26/2025 03/26/25 | Price Changed | $205,000 | -8.9% | $241 / Sq Ft |
| 02/15/2025 02/15/25 | Price Changed | $225,000 | -4.3% | $264 / Sq Ft |
| 12/27/2024 12/27/24 | For Sale | $235,000 | +14.6% | $276 / Sq Ft |
| 11/08/2022 11/08/22 | Sold | $205,000 | 0.0% | $241 / Sq Ft |
| 09/23/2022 09/23/22 | Pending | -- | -- | -- |
| 09/22/2022 09/22/22 | For Sale | $205,000 | +36.8% | $241 / Sq Ft |
| 01/30/2019 01/30/19 | Off Market | $149,900 | -- | -- |
| 11/01/2017 11/01/17 | Sold | $149,900 | +0.6% | $176 / Sq Ft |
| 10/04/2017 10/04/17 | For Sale | $149,000 | -- | $175 / 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 |
|---|---|---|---|---|
| 2025 | $723 | $40,956 | -- | $40,956 |
| 2024 | $723 | $40,956 | -- | $40,956 |
| 2023 | $711 | $8,228 | -- | $11,913 |
| 2022 | $981 | $10,564 | $0 | $10,564 |
| 2021 | $935 | $10,868 | $0 | $10,868 |
| 2020 | $927 | $10,654 | $0 | $10,654 |
| 2019 | $913 | $10,654 | $0 | $10,654 |
| 2018 | $768 | $8,856 | $0 | $8,856 |
| 2017 | $744 | $9,791 | $0 | $9,791 |
| 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
-
Terri Gray
-
T
Buyer's Agent in 2025
Tyler Eberhart
-
Eric Breslin
Seller's Agent in 2022
Eric Breslin
Compass - Denver
(303) 919-1665
6 in this area
99 Total Sales
-
Adam Micheli
Seller Co-Listing Agent in 2022
Adam Micheli
Compass - Denver
(303) 819-1690
6 in this area
110 Total Sales
-
M
Buyer's Agent in 2022
Maria Scroggs
Slifer Smith and Frampton - Front Range
-
Lynn Rauh-Ryan
Seller's Agent in 2017
Lynn Rauh-Ryan
milehimodern - Boulder
(303) 449-7000
3 in this area
108 Total Sales
Map
Source: IRES MLS
MLS Number: 1023681
APN: 1461362-02-006
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.
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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