NOT LISTED FOR SALE
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:

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Value Increase
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Percent Increase
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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

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 749620

IRES MLS

APN: 1461-25-4-36-016