NOT LISTED FOR SALE

Estimated Value: $1,323,716 - $1,635,000

5 Beds
3 Baths
2,134 Sq Ft
$689/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $1,005,000 $471 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,347/month

59 Days on Market

Highlights

  • Deck
  • No HOA
  • Cooling Available
  • Flatirons Elementary School Rated A
  • Brick Veneer
  • Forced Air Heating System

About This Home

As of July 2019

Perfect home for investors or CU parents! Only 2 blocks from campus and walking distance to Chautauqua park. Charming home with large bedrooms and 3 bathrooms. Hardwood floors throughout living area, tons of natural light and a fenced-in backyard with a deck, perfect for summer barbecues. 3 alley parking spaces and access to one car garage. Pre-Leased to 4 unrelated occupants through 8/5/2020 at $5125/month with additional utility and grounds income. Rental License and Smart Regs compliant.

Last Agent to Sell the Property

Kerry Roth

Four Star Rlty & Prop Mgmt Listed on: 03/12/2019

Last Buyer's Agent

TRELORA Team

TRELORA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,811

Year Built

  • Built in 1947

Lot Details

  • 6,273 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,134 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Flatirons Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, interior maintenance, exterior maintenance, trash collection, parking fee
  • Assessor Parcel Number R0008451

Community Details

Overview

  • No Home Owners Association
  • University Place Subdivision

Building Details

  • Gross Income $64,140
  • Net Operating Income $53,987

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,811

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Year Built: 1947
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: University Place
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2134
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Gas Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 5
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel Energy

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: Manhattan

Lot Info

  • Zoning: RM-2
  • Lot Size Sq Ft: 6273
  • Parcel #: R0008451
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Interior Maintenance, Exterior Maintenance, Trash Collection, Parking Fee

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5811.06

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 64140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Nasser Karlston and Mews Cynthia
Bought by
Carrick David A
Current Estimated Value
$1,469,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$502,925
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$966,754

Purchase Details

Listed on
Mar 12, 2019
Closed on
Jun 22, 2019
Sold by
Shamburger James V and Shamburger Julie D
Bought by
Nasser Karlston and Mews Cynthia
Seller's Agent
Kerry Roth
Four Star Rlty & Prop Mgmt
Buyer's Agent
TRELORA Team
TRELORA Realty
List Price
$1,100,000
Sold Price
$1,005,000
Premium/Discount to List
-$95,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$750,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2007
Sold by
Dimensions Inc
Bought by
Shamburger James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2006
Sold by
Lathrop Pamela A and Lathrop Darrel W
Bought by
Dimensions Inc

Purchase Details

Closed on
Oct 25, 2000
Sold by
Coleman Coleman Vanessa Vanessa and Coleman Vanessa
Bought by
Lathrop Pamela A and Lathrop Darrel W

Purchase Details

Closed on
Jan 31, 1997
Sold by
Fred Kerst Ardith B and Fred A
Bought by
Coleman Vanessa

Purchase Details

Closed on
Nov 12, 1996
Sold by
Kerst Charles B
Bought by
Kerst Ardith B
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Carrick David A $885,600 Land Title
Nasser Karlston $1,005,000 Stewart Title
Shamburger James $644,500 Fahtco
Dimensions Inc $591,625 None Available
Lathrop Pamela A $510,000 --
Coleman Vanessa $248,500 --
Kerst Ardith B -- --
Kerst Ardith B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrick David A $700,000
Previous Owner Nasser Karlston $750,000
Previous Owner Shamburger James $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Off Market $1,005,000 -- --
07/02/2019 07/02/19 Sold $1,005,000 -4.3% $471 / Sq Ft
04/19/2019 04/19/19 Price Changed $1,050,000 -4.5% $492 / Sq Ft
03/12/2019 03/12/19 For Sale $1,100,000 -- $515 / 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 $8,043 $88,057 $55,288 $32,769
2024 $8,043 $88,057 $55,288 $32,769
2023 $7,901 $90,618 $56,334 $37,969
2022 $7,091 $75,547 $46,155 $29,392
2021 $6,765 $77,720 $47,483 $30,237
2020 $6,452 $74,117 $39,540 $34,577
2019 $6,353 $74,117 $39,540 $34,577
2018 $5,811 $67,025 $35,424 $31,601
2017 $5,629 $74,099 $39,163 $34,936
2016 $5,330 $61,571 $32,477 $29,094
2015 $5,047 $51,660 $25,472 $26,188
2014 $4,344 $51,660 $25,472 $26,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 874561

IRES MLS

APN: 1463314-10-012