NOT LISTED FOR SALE
13 Beds
6 Baths
5,349 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: July 9, 2015

Last sale price $2,700,000 $505 Per Sq Ft

Highlights

  • The property is located in a historic district
  • 0.45 Acre Lot
  • Victorian Architecture
  • Flatirons Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Boulder Creek

About This Home

As of July 2015

Entered for comp purposes. 13 bedroom triplex in coveted downtown location. Sold at ~5.3% Cap Rate

Last Agent to Sell the Property

Jay Hebb

The Agency - Boulder License #40036182 Listed on: 07/09/2015

The Agency - Boulder

Last Buyer's Agent

Jay Hebb

The Agency - Boulder License #40036182 Listed on: 07/09/2015

The Agency - Boulder
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,565

Year Built

  • Built in 1906

Lot Details

  • 19,602 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Victorian Architecture
  • Brick Veneer
  • Composition Roof
  • Stone

Interior Spaces

  • 5,349 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Dining Room
  • Wood Flooring
  • Electric Oven or Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Walk-In Closet
  • 6 Bathrooms

Outdoor Features

  • Balcony
  • Patio

Location

  • The property is located in a historic district

Schools

  • Flatirons Elementary School
  • Boulder High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0007616

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Smith's Addition To West Boulder Subdivision

Building Details

  • Gross Income $156,000
  • Net Operating Income $147,435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,565

Year Built

Built in 1906

Lot Details

0.45 Acres

Listing Details

  • Year Built: 1906
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.45
  • Road Frontage Type: City Street
  • Subdivision Name: Smith's Addition to West Boulder
  • Architectural Style: Victorian
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5349
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Has Basement: None
  • Total Bedrooms: 13
  • Flooring: Wood Floors
  • Interior Amenities: Separate Dining Room, Stain/Natural Trim, Walk-In Closet(s)
  • Window Features: Wood Frames

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Level, Historic District
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer, Stone
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • 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: Other

Lot Info

  • Zoning: MXRE
  • Lot Size Sq Ft: 19602
  • Parcel #: R0007616
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 8565

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 156000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
May 29, 2015
Sold by
Brown Clifford
Bought by
Seller's Agent
Jay Hebb
The Agency - Boulder
Buyer's Agent
Jay Hebb
The Agency - Boulder
List Price
$2,700,000
Sold Price
$2,700,000

Purchase Details

Closed on
Dec 22, 2005
Sold by
716 Arapahoe Llc
Bought by
Brown Clifford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 11, 2004
Sold by
Brown Clifford B
Bought by
716 Arapahoe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
5.73%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 29, 2004
Sold by
Paulien Susan Ann and Smith Philip Dunbar
Bought by
Brown Clifford B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
5.73%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 8, 2004
Sold by
Young Linda Marie
Bought by
Marinkovic Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
5.73%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 3, 1995
Sold by
Smith Jerry
Bought by
Jerry Smith Revocable Living Trust

Purchase Details

Closed on
Aug 9, 1984
Bought by
Arapahoe Ave Llc

Purchase Details

Closed on
Mar 28, 1983
Bought by
Arapahoe Ave Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,700,000 None Available
Brown Clifford -- --
716 Arapahoe Llc -- --
Brown Clifford B $920,000 Fahtco
Marinkovic Lynn -- --
Marinkovic Lynn -- --
Jerry Smith Revocable Living Trust -- --
Arapahoe Ave Llc -- --
Arapahoe Ave Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $108,000
Previous Owner Brown Clifford B $598,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $2,700,000 -- --
07/09/2015 07/09/15 Sold $2,700,000 0.0% $505 / Sq Ft
07/09/2015 07/09/15 For Sale $2,700,000 -- $505 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $25,094 $283,581 $123,060 $160,521
2025 $25,094 $283,581 $123,060 $160,521
2024 $24,332 $260,644 $113,106 $147,538
2023 $23,903 $274,177 $115,990 $161,872
2022 $22,864 $243,788 $95,397 $148,391
2021 $22,175 $255,012 $100,307 $154,705
2020 $18,079 $207,693 $88,589 $119,104
2019 $17,802 $207,693 $88,589 $119,104
2018 $16,293 $187,920 $75,168 $112,752
2017 $15,783 $207,755 $83,102 $124,653
2016 $11,855 $136,952 $54,765 $82,187
2015 $11,226 $99,620 $40,676 $58,944
2014 -- $99,620 $40,676 $58,944
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE774967

IRES MLS
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