NOT LISTED FOR SALE

550 W 3rd St Nederland, CO 80466

-- Bed
5 Baths
1,836 Sq Ft
9,805 Sq Ft Lot

Last Sold August 21, 2015

Last sale price $480,000 $261 Per Sq Ft

34 Days on Market

Highlights

  • No HOA
  • Cottage
  • Space Heater
  • Nederland Elementary School Rated 9+
  • Patio
  • Partially Fenced Property

About This Home

As of August 2015

Boulder County with a 10.47 GRM and 6.44 cap rate. First year positive cash flow of $8562, and $6037 of equity build-up with 25% down. There are 6 efficiency units. Centrally located in downtown Nederland. Easy walk to all shops and restaurants. 2 Min walk to the RTD stop for the bus to Boulder and all points on the front range. Great launching point for skiing at Eldora, mtn biking and hiking. Zoned Neighborhood Commercial allows flexibility in approved uses. 100 yds from Ned Firehouse #1.

Last Agent to Sell the Property

Kevin Schill

5814 Realty LLC Listed on: 06/18/2015

Last Buyer's Agent

Steve Sirotkin

Accent Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,246

Year Built

  • Built in 1938

Lot Details

  • 9,805 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 5 Bathrooms
  • 1,836 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Patio

Schools

  • Nederland Elementary And Middle School
  • Nederland High School

Utilities

  • Space Heater
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0088234

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Nederland Subdivision

Building Details

  • Gross Income $47,640
  • Net Operating Income $31,318

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,246

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.23
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Subdivision Name: Nederland
  • Directions: West on Boulder Canyon to traffic circle, drive straight through and property will be on the corner of Hwy 72 and W 3rd St.
  • Architectural Style: Cottage/Bung, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1836
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: None
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Fire Hydrant within 500 Feet
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Radiant, Space Heater
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Nederland
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: NC
  • Lot Size Sq Ft: 9805
  • Parcel #: R0088234
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3246

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 47640
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 16322

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

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $480,000 -- --
08/21/2015 08/21/15 Sold $480,000 -3.8% $261 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $499,000 -- $272 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Schill

    Seller's Agent in 2015

    Kevin Schill

    5814 Realty LLC

    (303) 579-2694

    17 Total Sales

    Section Image

  • S

    Buyer's Agent in 2015

    Steve Sirotkin

    Accent Properties

    (303) 443-1532

    Section Image
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Map

Source: IRES MLS

MLS Number: 766956

IRES MLS

Colorado Boulder County Nederland 80466

550 W 3rd St, Nederland, CO

This home is located at 550 W 3rd St, Nederland, CO 80466 since 18 June 2015. This property was built in 1938. 550 W 3rd St is a home located in Boulder County with nearby schools including Nederland Elementary School and Nederland Middle-Senior 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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