NOT LISTED FOR SALE

411 W Emma St Lafayette, CO 80026

Estimated Value: $767,000 - $1,093,000

8 Beds
5 Baths
6,063 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $820,000 $135 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,525/month

7 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Outdoor Storage
  • Lafayette Elementary School Rated A
  • Cooling Available
  • 4-minute walk to Romero Park

About This Home

As of October 2018

Lafayette continues to be one of the strongest markets in which to invest in Boulder County, and this property is a rare opportunity. The location is perfectly positioned in the sweet spot between quiet neighborhoods and bustling S. Public, with its fun shops and fabulous restaurants. With two combined lots, it includes a duplex (split into 3 rentals) and a detached house and garage. Investors can easily keep all the units full, or live in one while renting out the rest to offset their mortgage.

Last Agent to Sell the Property

Rebecca Holley

West and Main Homes Listed on: 09/19/2018

West and Main Homes

Last Buyer's Agent

Ryan Bass

Compass - Boulder

Compass - Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,587

Year Built

  • Built in 1963

Lot Details

  • 0.32 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Sprinkler System

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 6,063 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Schools

  • Lafayette Elementary School
  • Angevine Middle School
  • Centaurus High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0021026

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Old Town Lafayette Subdivision

Building Details

  • Gross Income $67,415
  • Net Operating Income $55,123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,587

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.32
  • Subdivision Name: Old Town Lafayette
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 8
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Separate Dining Room
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Fenced, Chain Link
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Electric: Electric, Separate Meter Electricity, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Lafayette
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Lafayette
  • HighSchool: Centaurus
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Angevine

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 13984
  • Parcel #: R0021026
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3587

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 67415
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 12292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2020
Sold by
Mavromatis Matt and Barnett Wendi
Bought by
Mavromatis Marlee Hannah and Mavromatis Matt
Total Days on Market
7
Current Estimated Value
$964,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Outstanding Balance
$582,836
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$476,164

Purchase Details

Listed on
Sep 19, 2018
Closed on
Oct 17, 2018
Sold by
Scott Mary Kathryn and Scott Eric E
Bought by
Mavromatis Matt and Barnett Wendi
Seller's Agent
Rebecca Holley
West and Main Homes
Buyer's Agent
Ryan Bass
Compass - Boulder
List Price
$819,000
Sold Price
$820,000
Premium/Discount to List
$1,000
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$656,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2013
Sold by
Scottswinehart Mary Kathryn and Scott Eric E
Bought by
Scott Mary Kathryn and Scott Eric E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2005
Sold by
Swinehart Mary Kathryn and Scott Eric E
Bought by
Swinehart Mary Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 3, 2004
Sold by
Vickles Paul M and Vickles Irene A
Bought by
Swinehart Mary Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1999
Sold by
Vickles Paul M
Bought by
Vickles Paul M and Vickles Irene A

Purchase Details

Closed on
Sep 9, 1986
Bought by
Scott Mary Kathryn and Scott Eric E

Purchase Details

Closed on
Dec 12, 1974
Bought by
Scott Mary Kathryn and Scott Eric E
Source: Public Records

Range of Values:

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Average Value
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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
Mavromatis Marlee Hannah -- Wfg National Title Co
Mavromatis Matt $820,000 Fidelity National Title
Scott Mary Kathryn -- Heritage Title
Swinehart Mary Kathryn -- --
Swinehart Mary Kathryn $458,500 Universal Land Title Co Inc
Vickles Paul M -- --
Scott Mary Kathryn -- --
Scott Mary Kathryn $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mavromatis Marlee Hannah $648,000
Closed Mavromatis Matt $656,000
Previous Owner Scott Mary Kathryn $350,000
Previous Owner Scott Eric E $393,750
Previous Owner Swinehart Mary Kathryn $366,800
Previous Owner Vickles Paul M $275,000
Closed Swinehart Mary Kathryn $45,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Off Market $820,000 -- --
10/24/2018 10/24/18 Sold $820,000 +0.1% $135 / Sq Ft
09/19/2018 09/19/18 For Sale $819,000 -- $135 / 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 $4,864 $52,632 $27,950 $24,682
2023 $4,864 $55,851 $31,028 $28,509
2022 $4,090 $43,545 $23,498 $20,047
2021 $4,078 $45,159 $24,174 $20,985
2020 $3,483 $38,110 $22,165 $15,945
2019 $3,435 $38,110 $22,165 $15,945
2018 $3,684 $40,356 $11,448 $28,908
2017 $3,587 $44,616 $12,656 $31,960
2016 $3,376 $36,776 $10,985 $25,791
2015 $3,164 $25,639 $8,676 $16,963
2014 $2,217 $25,639 $8,676 $16,963
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Holley

    Seller's Agent in 2018

    Rebecca Holley

    West and Main Homes

    (303) 919-7017

    89 Total Sales

    Section Image
  • Ryan Bass

    Buyer's Agent in 2018

    Ryan Bass

    Compass - Boulder

    (207) 650-1732

    75 Total Sales

    Ryan Bass
    Section Image
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Map

Source: IRES MLS

MLS Number: 862531

IRES MLS

APN: 1575031-40-008

Colorado Boulder County Lafayette 80026

411 W Emma St, Lafayette, CO

This home is located at 411 W Emma St, Lafayette, CO 80026 since 19 September 2018 and is currently estimated at $964,667, approximately $159 per square foot. This property was built in 1963. 411 W Emma St is a home located in Boulder County with nearby schools including Lafayette Elementary School, Angevine Middle School, and Centaurus High School.

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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