505 S 40th St Boulder, CO 80305
South Boulder NeighborhoodEstimated Value: $870,354 - $930,000
4
Beds
2
Baths
1,426
Sq Ft
$630/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Wood Flooring
- No HOA
- Creekside Elementary School Rated A
- Corner Lot
- 3-minute walk to Martin Park
About This Home
As of April 2015Must see! Tastefully updated home in Martin Acres. Completely remodeled kitchen, and updated baths. Hardwood floors throughout. Ideally located close to public transportation, shopping, CU Boulder and trails! Corner lot with large fenced backyard with storage shed and covered patio. Interior feels spacious and open - fabulous as an owner occupied or income property. Take advantage of all that South Boulder has to offer - including the great public schools - at an affordable price!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,319
Year Built
- Built in 1958
Lot Details
- 2,319 Sq Ft Lot
- Fenced
- Corner Lot
Parking
- 1 Car Attached Garage
Home Design
- Contemporary Architecture
- Brick Veneer
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 1,426 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Partial Basement
Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Creekside Elementary School
- Southern Hills Middle School
- Fairview High School
Additional Features
- Property is near a bus stop
- Forced Air Heating System
Community Details
- No Home Owners Association
- Martin Acres Majestic Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number R0012980
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 26, 2016
Sold by
Yerkes V William and Yerkes William H
Bought by
Verkes V William H
Total Days on Market
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$307,079
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$576,056
Purchase Details
Listed on
Jan 28, 2015
Closed on
Apr 29, 2015
Sold by
Reader Anne Marie and Reader Scot
Bought by
Yerkes V William H
Seller's Agent
Summer Youngs
Property Colorado Inc
Buyer's Agent
Carole Kaye
Bold Realty
List Price
$489,000
Sold Price
$485,000
Premium/Discount to List
-$4,000
-0.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$388,000
Interest Rate
3.84%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 20, 2012
Closed on
Mar 15, 2012
Sold by
Allen Douglas W and Allen Jane E
Bought by
Reader Ann Marie
Seller's Agent
Terri Taydus
Colorado Lifestyles Realty
Buyer's Agent
Summer Youngs
Property Colorado Inc
List Price
$359,000
Sold Price
$352,500
Premium/Discount to List
-$6,500
-1.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$264,375
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2008
Sold by
Perez Erik
Bought by
Allen Douglas W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2003
Sold by
Barber Hugh and Fuentes Joanne
Bought by
Perez Erik
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,029
Interest Rate
5.27%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 20, 2000
Sold by
Wessel Robert E
Bought by
Barber Hugh
Purchase Details
Closed on
Feb 22, 1996
Sold by
Noble Forrest G
Bought by
Wessel Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,346
Interest Rate
7.09%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 30, 1995
Sold by
Hynes James T and Roy Judith M
Bought by
Noble Forrest G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.6%
Purchase Details
Closed on
Sep 10, 1979
Bought by
Yerkes William H V
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Larry Nunez Sunwest Realty and Investments, LLC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Verkes V William H | -- | None Available | |
| Yerkes V William H | $485,000 | Land Title Guarantee Company | |
| Reader Ann Marie | $352,500 | Fidelity National Title Insu | |
| Allen Douglas W | $305,000 | Land Title | |
| Perez Erik | $285,000 | American Liberty Title | |
| Barber Hugh | $237,500 | Stewart Title | |
| Wessel Robert E | $158,000 | -- | |
| Noble Forrest G | $130,000 | -- | |
| Yerkes William H V | $64,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yerkes V William H | $103,000 | |
| Open | Verkes V William H | $378,000 | |
| Previous Owner | Yerkes V William H | $388,000 | |
| Previous Owner | Reader Ann Marie | $264,375 | |
| Previous Owner | Allen Douglas W | $283,000 | |
| Previous Owner | Allen Douglas W | $289,750 | |
| Previous Owner | Perez Erik | $281,029 | |
| Previous Owner | Wessel Robert E | $61,000 | |
| Previous Owner | Wessel Robert E | $15,000 | |
| Previous Owner | Wessel Robert E | $135,750 | |
| Previous Owner | Wessel Robert E | $27,150 | |
| Previous Owner | Wessel Robert E | $12,812 | |
| Previous Owner | Wessel Robert E | $154,346 | |
| Previous Owner | Noble Forrest G | $91,000 | |
| Closed | Noble Forrest G | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2019 01/28/19 | Off Market | $352,500 | -- | -- |
| 01/28/2019 01/28/19 | Off Market | $485,000 | -- | -- |
| 04/29/2015 04/29/15 | Sold | $485,000 | -0.8% | $340 / Sq Ft |
| 03/30/2015 03/30/15 | Pending | -- | -- | -- |
| 01/28/2015 01/28/15 | For Sale | $489,000 | +38.7% | $343 / Sq Ft |
| 03/15/2012 03/15/12 | Sold | $352,500 | -1.8% | $207 / Sq Ft |
| 02/14/2012 02/14/12 | Pending | -- | -- | -- |
| 01/20/2012 01/20/12 | For Sale | $359,000 | -- | $211 / 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 |
|---|---|---|---|---|
| 2024 | $4,614 | $48,844 | $25,569 | $23,275 |
| 2023 | $4,534 | $52,501 | $30,391 | $25,795 |
| 2022 | $4,041 | $43,514 | $22,720 | $20,794 |
| 2021 | $3,853 | $44,766 | $23,373 | $21,393 |
| 2020 | $3,678 | $42,257 | $21,951 | $20,306 |
| 2019 | $3,622 | $42,257 | $21,951 | $20,306 |
| 2018 | $3,355 | $38,693 | $20,664 | $18,029 |
| 2017 | $3,250 | $42,777 | $22,845 | $19,932 |
| 2016 | $2,653 | $30,646 | $14,328 | $16,318 |
| 2015 | $2,512 | $27,582 | $11,033 | $16,549 |
| 2014 | -- | $27,582 | $11,033 | $16,549 |
Source: Public Records
Agents Affiliated with this Home
-
Summer Youngs
Seller's Agent in 2015
Summer Youngs
Property Colorado Inc
(720) 373-1973
5 in this area
141 Total Sales
-
Carole Kaye
C
Buyer's Agent in 2015
Carole Kaye
Bold Realty
(303) 931-1709
9 Total Sales
-
Seller's Agent in 2012
Terri Taydus
Colorado Lifestyles Realty
(303) 345-3256
Map
Source: IRES MLS
MLS Number: 754300
APN: 1577081-08-001
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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