$765,000
SOLD DEC 5, 2024

588 Millionaire Dr W Boulder, CO 80302

4 Beds
3 Baths
3,028 Sq Ft
3.34 Acres

Recently Sold

$253 Per Sq Ft

15% Below List Price

203 Days on Market

Highlights

  • Horses Allowed On Property
  • City View
  • Multiple Fireplaces
  • Flatirons Elementary School Rated A
  • Open Floorplan
  • Wooded Lot

About This Home

As of December 2024

Amazing location, with fabulous views of the plains and Downtown Denver. 3.3 acres, very private, and usable acreage. This is a very unique house, with pre-stressed concrete girders for the roof and masonry block construction. South facing with lots of light, open floor plan, 10 foot ceilings. Large south facing front patio, oversized 3-car garage, storage shed. Great opportunity to make this your special place/home. Just 15 minutes to Downtown Boulder. Property being sold "As Is"

Last Agent to Sell the Property

John R Hinkelman

8z Real Estate Listed on: 05/16/2024

8z Real Estate

Last Buyer's Agent

John R Hinkelman

8z Real Estate Listed on: 05/16/2024

8z Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,887

Year Built

  • Built in 1985

Lot Details

  • 3.34 Acre Lot
  • Dirt Road
  • Southern Exposure
  • Level Lot
  • Wooded Lot
  • Property is zoned Forestry

Parking

  • 3 Car Attached Garage

Home Design

  • Fixer Upper
  • Rubber Roof
  • Stone

Interior Spaces

  • 3,028 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Multiple Fireplaces
  • Family Room
  • City Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Foothill Elementary School
  • Casey Middle School
  • Boulder High School

Utilities

  • Cooling Available
  • Space Heater
  • Heating System Uses Wood
  • Propane
  • Septic System

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Patio
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Sugar Loaf Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0024185

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,887

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1985
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 3.34
  • Road Surface Type: Dirt
  • Subdivision Name: Sugar Loaf Acres
  • Directions: Sugar Loaf Road to Millionaire Drive W. Take Millionaire Drive W to 588, about a mile up the road. At real estate sign go up the driveway to the house
  • Above Grade Finished Sq Ft: 3028
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 1
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 4
  • Fireplace Features: 2+ Fireplaces
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Living Area: 3028
  • Room Bedroom4 Area: 440
  • Room Bedroom3 Features: Other Floor
  • Room Bedroom4 Level: Main
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 176
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 242
  • Master Bedroom Master Bedroom Width: 16
  • Room Family Room Area: 396
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Family Room Level: Main
  • Room Kitchen Features: Tile Floor
  • Room Living Room Area: 308
  • Family Room Features: Carpet
  • Living Room Features: Carpet
  • Room Kitchen Area: 168
  • Room Master Bedroom Area: 352
  • Master Bathroom Features: Full Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Lot Features: Wooded, Level
  • View: Plains View, City
  • Waterfront: No
  • Construction Type: Block, Stone
  • Patio And Porch Features: Patio
  • Property Condition: Fixer, Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • IRESDS_Garage Sq Ft: 744
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Wood Stove, Space Heater, Wood/Coal
  • Utilities: Electricity Available, Propane
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: Forestry
  • Current Use: Horses
  • Lot Size Sq Ft: 145436
  • Parcel #: R0024185
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3887

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Dec 5, 2024
Sold by
Stark Denise King
Bought by
Wilson Nicholas Dewey and Parks Margaret
Seller's Agent
John R Hinkelman
8z Real Estate
Buyer's Agent
John R Hinkelman
8z Real Estate
List Price
$900,000
Sold Price
$765,000
Premium/Discount to List
-$135,000
-15%
Total Days on Market
203
Views
169
Current Estimated Value
$854,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,018
Avg. Annual Appreciation
23.08%
Original Mortgage
$697,500
Outstanding Balance
$694,226
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Estimated Equity
$159,792

Purchase Details

Closed on
Aug 19, 2021
Sold by
King Jake
Bought by
King Jake and Stark Denise King

Purchase Details

Closed on
Jul 9, 1984
Bought by
King Jake

Purchase Details

Closed on
Jan 18, 1983
Bought by
King Jake

Purchase Details

Closed on
Sep 11, 1974
Bought by
King Jake
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $765,000 8Z Title
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Warranty Deed $5,000 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $697,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $765,000 -10.0% $253 / Sq Ft
08/20/2024 08/20/24 Price Changed $850,000 -5.6% $281 / Sq Ft
05/16/2024 05/16/24 For Sale $900,000 -- $297 / 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 $3,958 $42,925 $16,206 $26,719
2023 $3,887 $46,394 $15,618 $34,461
2022 $3,199 $35,428 $13,351 $22,077
2021 $2,437 $36,448 $13,735 $22,713
2020 $2,264 $34,063 $14,729 $19,334
2019 $2,229 $34,063 $14,729 $19,334
2018 $2,106 $32,630 $10,728 $21,902
2017 $2,044 $36,074 $11,860 $24,214
2016 $2,434 $29,381 $14,169 $15,212
2015 $2,294 $23,880 $11,940 $11,940
2014 $1,955 $23,880 $11,940 $11,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1009780

IRES MLS

APN: 1461290-02-001