NOT LISTED FOR SALE

721 Front St Louisville, CO 80027

Estimated Value: $809,000 - $1,172,000

-- Bed
1 Bath
2,595 Sq Ft
$396/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $1,065,000 $410 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,624/month

170 Days on Market

Highlights

  • No HOA
  • Patio
  • Partially Fenced Property
  • Louisville Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2021

Unique 4 units downtown Louisville.3 office/retail units in the front and a residential bungalow in the rear of the property. Tenants pay all utilities, trash and snow removal. All furnaces, AC and hot water heaters are 4-7 years old. Roofs are 5-8 years old. Possible seller financing with 50 percent down. Total monthly rents $5600

Last Agent to Sell the Property

Mark Bossert

Bossert Residential LLC Listed on: 08/11/2020

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,766

Year Built

  • Built in 1900

Lot Details

  • 5,053 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Wood Frame Construction
  • Rubber Roof

Interior Spaces

  • 2,595 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Schools

  • Louisville Elementary And Middle School
  • Centaurus High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R0604734

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Louisville O.T. Subdivision

Building Details

  • Gross Income $67,200
  • Net Operating Income $63,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,766

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Subdivision Name: Louisville O.T.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2595
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Commercial
  • Private Spa: No
  • Has Basement: Partial
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Fencing: Partial
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air, Room Air Conditioner
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, Louisville
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Louisville
  • HighSchool: Centaurus
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Louisville

Lot Info

  • Zoning: COMM
  • Lot Size Sq Ft: 5053
  • Parcel #: R0604734
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9766

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 67200
  • Annual Operating Expense: 3820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
May 28, 2021
Sold by
Parsons Scott Martin
Bought by
721 Front St Llc
Seller's Agent
Mark Bossert
Bossert Residential LLC
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$1,295,000
Sold Price
$1,065,000
Premium/Discount to List
-$230,000
-17.76%
Current Estimated Value
$1,026,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,373
Avg. Annual Appreciation
-2.85%
Source: Public Records

Range of Values:

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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
721 Front St Llc $1,065,000 Land Title Guarantee Co
Parsons Scott Martin -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Off Market $1,065,000 -- --
05/28/2021 05/28/21 Sold $1,065,000 -10.9% $410 / Sq Ft
10/22/2020 10/22/20 Price Changed $1,195,000 -7.7% $461 / Sq Ft
08/11/2020 08/11/20 For Sale $1,295,000 -- $499 / 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 $2,108 $93,150 $60,264 $32,886
2024 $2,108 $93,150 $60,264 $32,886
2023 $7,765 $87,885 $62,273 $33,982
2022 $8,230 $85,521 $55,332 $30,189
2021 $7,920 $85,521 $55,332 $30,189
2020 $7,623 $81,461 $55,332 $26,129
2019 $15,174 $164,488 $138,359 $26,129
2018 $6,995 $78,300 $60,900 $17,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mark Bossert

    Bossert Residential LLC

    (303) 589-2677

    24 Total Sales

    Mark Bossert
    Section Image

  • N

    Buyer's Agent in 2021

    Non-IRES Agent

    CO_IRES

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Map

Source: IRES MLS

MLS Number: 920891

IRES MLS

APN: 1575084-23-012

Colorado Boulder County Louisville 80027

721 Front St, Louisville, CO

This home is located at 721 Front St, Louisville, CO 80027 since 11 August 2020 and is currently estimated at $1,026,627, approximately $395 per square foot. This property was built in 1900. 721 Front St is a home located in Boulder County with nearby schools including Louisville Elementary School, Louisville Middle School, and Monarch High School.

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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