NOT LISTED FOR SALE

645 Pearl St Boulder, CO 80302

Mapleton Hill Neighborhood
1 Bed
2 Baths
2,048 Sq Ft
6,634 Sq Ft Lot

Last Sold February 27, 2015

Last sale price $1,345,000 $657 Per Sq Ft

99 Days on Market

Highlights

  • City View
  • No HOA
  • High Speed Internet
  • Whittier Elementary School Rated A-
  • Baseboard Heating
  • 2-minute walk to Hiram Fullen Park

About This Home

As of February 2015

Projected Rental Income above is based on an average of $800/sleeping room & $1,300/1 bedroom, current actual rents are well below market at $50,040 or ($695/unit). Short term leases are in place which allow a buyer to achieve market rents. See attached documents which have current rent roll information attached.

Last Agent to Sell the Property

Todd Walsh

Market Real Estate Listed on: 10/21/2014

Co-Listed By

Miles King

The Colorado Group

Last Buyer's Agent

Julie Gullett

Kentwood Real Estate Boulder Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1970

Lot Details

  • 6,634 Sq Ft Lot
  • Southwest Facing Home

Parking

  • Alley Access

Home Design

  • Rubber Roof
  • Wood Shingle Exterior

Interior Spaces

  • 2,048 Sq Ft Home
  • 1-Story Property
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Schools

  • Flatirons Elementary School
  • Casey Middle School
  • Boulder High School

Utilities

  • Baseboard Heating
  • Water Rights Not Included
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Mineral Rights Excluded

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0005155

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Boulder O T East & West & North Subdivision

Building Details

  • Gross Income $81,600
  • Net Operating Income $66,774

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,319

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Co List Office Mls Id: COLO
  • Subdivision Name: BOULDER O T EAST & WEST & NORTH
  • Directions: Property is located on the north side of Pearl between 6th & 7th.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2048
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: None
  • Total Bedrooms: 1
  • Interior Amenities: High Speed Internet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Lot Features: Curbs, Gutters, Sidewalks, Water Rights Excluded, Mineral Rights Excluded, Within City Limits
  • View: Foothills View, City
  • Waterfront: No
  • Construction Type: Wood Shingle
  • Direction Faces: Southwest
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Xcel
  • Heating: Baseboard, Common Heat Source
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RMX-1
  • Lot Size Sq Ft: 6634
  • Parcel #: R0005155
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5319

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 81600
  • Income Includes: ["Lease/Rents"]

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $1,345,000 -- --
02/27/2015 02/27/15 Sold $1,345,000 -0.4% $657 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
10/21/2014 10/21/14 For Sale $1,350,000 -- $659 / 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 $14,215 $139,737 $51,631 $88,106
2024 $14,215 $139,737 $51,631 $88,106
2023 $13,958 $158,154 $62,143 $99,696
2022 $11,161 $116,957 $38,784 $78,173
2021 $10,885 $122,977 $40,781 $82,196
2020 $9,749 $111,998 $40,781 $71,217
2019 $9,600 $111,998 $40,781 $71,217
2018 $8,889 $102,528 $37,512 $65,016
2017 $8,611 $113,351 $41,472 $71,879
2016 $6,257 $72,284 $28,576 $43,708
2015 $5,925 $63,258 $26,905 $36,353
2014 $5,319 $63,258 $26,905 $36,353
Source: Public Records

Agents Affiliated with this Home

  • Todd Walsh

    Seller's Agent in 2015

    Todd Walsh

    Market Real Estate

    (252) 342-6227

    1 in this area

    45 Total Sales

    Todd Walsh
    Section Image

  • M

    Seller Co-Listing Agent in 2015

    Miles King

    The Colorado Group

    Section Image
  • Julie Gullett

    Buyer's Agent in 2015

    Julie Gullett

    Kentwood Real Estate Boulder Valley

    (303) 408-6966

    33 Total Sales

    Julie Gullett
    Section Image
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Map

Source: IRES MLS

MLS Number: 749620

IRES MLS

APN: 1461-25-4-36-016

Colorado Boulder County Boulder 80302 Mapleton Hill

645 Pearl St, Boulder, CO

Not Listed for Sale

MultiFamily

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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