NOT LISTED FOR SALE

5864 Rustic Knolls Dr Boulder, CO 80301

Estimated Value: $724,000 - $2,564,000

1.72 Acres
$835,506 Price per Acre
74,923 Sq Ft Lot

Last Sold April 09, 2021

Last sale price $550,000

Est. 161% increase in value since last sale

Current estimated payment $10,013/month

3 Days on Market

Highlights

  • Airport or Runway
  • City View
  • Corner Lot
  • Crest View Elementary School Rated A-
  • Mountainous Lot
  • No HOA

About This Lot

As of April 2021

Envision idyllic Boulder living on a vast 74,783 sq ft lot surrounded by mountain views. Blue skies stretch overhead, complementing the warm, natural colors of native prairie grasses. The beauty of Boulder is evident from every angle of this lot and amplified by easy access to nearby Hayden Lake and Cottonwood Trailhead. Although this property is situated less than ten minutes from the renowned restaurants and shopping of Downtown Boulder, serenity is found in its peaceful locale. Enjoy breathtaking sunsets from the west where tall stretches of mountains outline the horizon. Designs for a potential home on this coveted lot have already been crafted by Arch11.

Last Listed By

Jennifer Egbert

milehimodern - Boulder Listed on: 03/05/2021

milehimodern - Boulder

Property Details

Property Type

  • Land

Year Built

  • 2023

Lot Details

  • 1.72 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Mountainous Lot
  • Plains
  • Property is zoned RR

Property Views

  • City
  • Mountain

Schools

  • Crest View Elementary School
  • Centennial Middle School
  • Boulder High School

Listing and Financial Details

  • Assessor Parcel Number R0036957

Community Details

Overview

  • No Home Owners Association
  • Rustic Knolls Subdivision

Amenities

  • Airport or Runway

Property Details

Property Type

Land

Year Built

2023

Lot Details

0

Listing Details

  • Development Status: Raw Land
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 1.72
  • Road Surface Type: Asphalt
  • Subdivision Name: Rustic Knolls
  • Directions: From 119, turn onto Independence Rd. At the curve, after the berm, turn East into the property. There is no drive way. Agent will meet you at the property.
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Other
  • Lot Features: Cul-De-Sac, Corner Lot, Level, Sloped, Plains, Mountains
  • View: Mountain(s), Foothills View, Plains View, City
  • Waterfront: No
  • Direction Faces: South,West,Northwest,Southwest

Utilities

  • Electric: Electricity within 100 ft., Xcel Energy
  • Utilities: None, Natural Gas within 100 ft.
  • Water Source: Well
  • Gas Company: Natural Gas within 100 ft., Xcel Energy

Condo/Co-op/Association

  • Community Features: Airport/Runway
  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Crest View
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Centennial

Lot Info

  • Zoning: RR
  • Lot Size Sq Ft: 74783
  • Parcel #: R0036957
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12875

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 9, 2021
Sold by
Longe Kevin T and The Kevin T Longe Revocable Tr
Bought by
Burroughs Michael and Burroughs Kim
Seller's Agent
Jennifer Egbert
milehimodern - Boulder
Buyer's Agent
Deanna Franco
8030 Realty
List Price
$500,000
Sold Price
$550,000
Premium/Discount to List
$50,000
10%
Total Days on Market
3
Current Estimated Value
$1,437,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$887,070
Avg. Annual Appreciation
26.54%
Original Mortgage
$412,500
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 15, 2006
Sold by
Second Amended Clara Alice Lemons Revoca
Bought by
Barnow Barry M

Purchase Details

Closed on
Dec 19, 2000
Sold by
Lemons Clara Alice Revocable Trust and Delmer Richard
Bought by
Lemons Properties Ltd

Purchase Details

Closed on
Nov 30, 1999
Sold by
Lemons Clara A
Bought by
Second Amended Clara Alice Lemons Revoca

Range of Values:

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Average Value
Not Available
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
Burroughs Michael $550,000 Fidelity National Title
Barnow Barry M $290,000 First Colorado Title
Lemons Properties Ltd -- --
Second Amended Clara Alice Lemons Revoca -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Burroughs Michael $3,360,000
Closed Burroughs Michael $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Off Market $550,000 -- --
04/09/2021 04/09/21 Sold $550,000 +10.0% --
03/08/2021 03/08/21 For Sale $500,000 0.0% --
03/08/2021 03/08/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $500,000 -- --
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 $24,555 $43,805 $30,861 $12,944
2023 $24,555 $43,805 $34,545 $12,944
2022 $15,465 $159,152 $159,152 $0
2021 $25,665 $285,302 $285,302 $0
2020 $13,069 $143,550 $143,550 $0
2019 $12,875 $143,550 $143,550 $0
2018 $10,472 $115,420 $115,420 $0
2017 $10,158 $115,420 $115,420 $0
2016 $9,855 $108,750 $108,750 $0
2015 $9,355 $75,371 $75,371 $0
2014 $6,374 $75,661 $75,371 $290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 934784

IRES MLS

APN: 1463222-00-001