$190,000
SOLD MAY 16, 2025
2 Beds
1.5 Baths
851 Sq Ft
$520/mo HOA Fee

Recently Sold

$223 Per Sq Ft

19% Below List Price

95 Days on Market

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 2025

Discover 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 Agent to Sell the Property

Terri Gray

milehimodern - Boulder Listed on: 12/23/2024

milehimodern - Boulder

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$711

Year Built

Built in 1975

Lot Details

0

HOA Fees

$520 per month

Parking

2

Listing Details

  • Inclusions: Electric Range/Oven,Dishwasher,Refrigerator
  • Year Built: 1975
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Subdivision Name: Arapahoe West Condos
  • Directions: From Broadway, head west on Arapahoe and turn left into the parking lot just past 4th Street. Continue straight to the southernmost parking area. Unit 6 is in the building adjacent to the open space.
  • Above Grade Finished Sq Ft: 851
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condo, Outside Entry
  • Kitchen Level: Main
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan
  • Living Area: 851
  • Main Level Bathrooms: 1
  • Window Features: Skylight(s), Double Pane Windows
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom2 Area: 121
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: Upper
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 238
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 121
  • Room Master Bedroom Area: 144
  • Master Bathroom Features: Shared Primary Bath, 3/4 Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood
  • Lot Features: Abuts Public Open Space
  • View: Foothills View
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Direction Faces: North
  • Exterior Features: Balcony, Land Lease
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_GarageType: Off Street

Utilities

  • Electric: Electric, Xcel
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Other, Cable Available
  • Laundry Features: Main Level
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, Boulder Water
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Management, Utilities, Maintenance Structure, Water/Sewer
  • Community Features: Hiking/Biking Trails
  • Senior Community: No
  • Association Fee: 520
  • Association Fee Frequency: Monthly
  • Association Name: BoulderHOA
  • Phone: 720-810-4626
  • Association: Yes
  • Pets Allowed: Dogs OK, Cats OK

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: RES
  • Land Lease: Yes
  • Parcel #: R0065974
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 711

Multi Family

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%
Total Days on Market
95
Views
600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
650.63%
Original Mortgage
$142,500
Outstanding Balance
$142,500
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$80,748

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
5.36%

Purchase Details

Closed on
Dec 20, 1978
Bought by
Greene Nancy Lee

Purchase Details

Closed on
May 26, 1978
Bought by
Greene Nancy Lee
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Previous Owner $124,788 Credit Line Revolving
Previous Owner $164,000 Unknown
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

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 $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

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Map

Source: IRES MLS

MLS Number: 1023681

IRES MLS

APN: 1461362-02-006