NOT LISTED FOR SALE

4985 Twin Lakes Rd Unit 85 Boulder, CO 80301

Gunbarrel Neighborhood

Estimated Value: $386,000 - $401,000

2 Beds
2 Baths
961 Sq Ft
$409/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $455,000 $473 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,579/month

4 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • Heatherwood Elementary School Rated A-
  • Mountain View
  • End Unit

About This Home

As of April 2022

Spectacular mountain views abound from this cozy, well-maintained condo in sought-after Twin Lakes, Gunbarrel. Enjoy the relaxing park-like setting from a serene screened-in porch. With views of the Flatirons and abundant birdlife, it is a sanctuary away from the city. This main floor unit offers two spacious bedrooms and two baths, with updates throughout. A new high-efficiency furnace/AC and newer, energy-efficient windows deliver lower electricity bills and peace of mind. The Twin Lakes complex promotes an active lifestyle with quick access to walking trails and the Twin Lakes Open space, and an on-site community gym. Lounge next to the pool and recreate in the clubhouse, all exclusive to Twin Lakes residents. Take advantage of all that Gunbarrel has to offer, including, shopping, dining, and other amenities. The Avery and Asher Breweries are just a short bike ride away. This location can't be beat, with easy access to Boulder, Niwot, and Longmont. Love Where You Live.

Last Agent to Sell the Property

Heather Brandt

Heather Brandt Listed on: 03/01/2022

Last Buyer's Agent

John Hoeffler

WK Real Estate

WK Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1989

Lot Details

  • Open Space
  • End Unit
  • No Units Located Below

HOA Fees

  • $343 Monthly HOA Fees

Parking

  • Reserved Parking

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 961 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Schools

  • Heatherwood Elementary School
  • Platt Middle School
  • Fairview High School

Additional Features

  • Level Entry For Accessibility
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R0060730

Community Details

Overview

  • Association fees include trash, snow removal, water/sewer
  • Twin Lakes Condos Ph 10 Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,928

Year Built

Built in 1989

Lot Details

0

HOA Fees

$343 per month

Listing Details

  • Year Built: 1989
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Twin Lakes Condos Ph 10
  • Directions: From Jay Road, north on 63rd to Twin Lakes Road. Follow along Twin Lakes Road to the property/building.
  • Above Grade Finished Sq Ft: 961
  • Architectural Style: Ranch
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Outside Entry
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 961
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: 1st Floor
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 961
  • Dining Room Features: Carpet
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 110
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Tile Floor
  • Room Living Room Area: 208
  • Living Room Features: Carpet
  • Room Kitchen Area: 99
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 156
  • Room Dining Room Area: 64
  • Master Bathroom Features: Full Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Abuts Public Open Space
  • View: Mountain(s)
  • Waterfront: No
  • Common Walls: No One Below, End Unit
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: Reserved

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Water/Sewer
  • Community Features: Clubhouse, Hot Tub, Pool, Fitness Center
  • Senior Community: No
  • Association Fee: 343.35
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Heatherwood
  • HighSchool: Fairview
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Platt

Lot Info

  • Zoning: MF
  • Parcel #: R0060730
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1928

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Mar 31, 2022
Sold by
Simpson Sharleen H
Bought by
Searchinger Benjamin R
Seller's Agent
Heather Brandt
Heather Brandt
Buyer's Agent
John Hoeffler
WK Real Estate
List Price
$410,000
Sold Price
$455,000
Premium/Discount to List
$45,000
10.98%
Current Estimated Value
$392,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,003
Avg. Annual Appreciation
-3.58%
Original Mortgage
$412
Outstanding Balance
$386
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$400,370

Purchase Details

Closed on
Jul 30, 2020
Sold by
Simpson Debra
Bought by
Simpson Sharleen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2014
Closed on
Jul 21, 2014
Sold by
Ramachandran Subramanian
Bought by
Simpson Debra
Seller's Agent
Lisa Danjean
Roberts and Sons
Buyer's Agent
Ryan Smith
Ryan Smith
List Price
$188,000
Sold Price
$185,000
Premium/Discount to List
-$3,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$55,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2009
Sold by
Swindell Vicki
Bought by
Ramachandran Subramanian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,076
Interest Rate
5.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2001
Sold by
Anderson Frank B
Bought by
Swindell Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,727
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2000
Sold by
Brandon Creek Corp
Bought by
Anderson Frank B
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
Searchinger Benjamin R $455,000 Guaranty Land Title
Simpson Sharleen H $345,000 Land Title Guarantee
Simpson Debra $185,000 None Available
Ramachandran Subramanian $162,500 Htco
Swindell Vicki $185,000 --
Anderson Frank B $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Searchinger Benjamin R $412
Previous Owner Simpson Sharleen H $245,000
Previous Owner Simpson Debra $55,000
Previous Owner Ramachandran Subramanian $153,662
Previous Owner Ramachandran Subramanian $157,076
Previous Owner Lemmon Vicki $164,498
Previous Owner Swindell Vicki $179,727
Previous Owner Swindell Vicki $179,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2022 07/03/22 Off Market $455,000 -- --
04/01/2022 04/01/22 Sold $455,000 +11.0% $473 / Sq Ft
03/03/2022 03/03/22 For Sale $410,000 +121.6% $427 / Sq Ft
01/28/2019 01/28/19 Off Market $185,000 -- --
07/21/2014 07/21/14 Sold $185,000 -1.6% $193 / Sq Ft
06/21/2014 06/21/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $188,000 -- $196 / 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
2025 $1,921 $24,050 -- $24,050
2024 $1,921 $24,050 -- $24,050
2023 $1,888 $21,860 -- $25,545
2022 $2,021 $21,767 $0 $21,767
2021 $1,928 $22,394 $0 $22,394
2020 $1,937 $22,258 $0 $22,258
2019 $1,908 $22,258 $0 $22,258
2018 $1,772 $20,441 $0 $20,441
2017 $1,717 $22,598 $0 $22,598
2016 $1,278 $14,758 $0 $14,758
2015 $1,210 $12,091 $0 $12,091
2014 $1,040 $12,091 $0 $12,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 959809

IRES MLS

APN: 1463114-40-001