NOT LISTED FOR SALE

Estimated Value: $460,335 - $570,000

7 Beds
4 Baths
6,924 Sq Ft
$75/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $2,660,000 $384 Per Sq Ft

Current estimated payment $2,996/month

34 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Cathedral Ceiling
  • Flatirons Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of July 2015

Call agent for showings. Remodeled 8 units: 3 ground floor units, 3 upper units & duplex house. 6 unit is tucked back off Marine Street for privacy. Always rented! Upgrades incl wood flrs, granite cntrtops, maple cabs, open living area w/FP, vaulted ceilings on upper. BDs w/sliding glass doors leading to deck. Stackable W&D. Centrally located & close to Pearl Street, Boulder Creek & bus route. 1 reserved prkg space in alley per unit. House prkg spaces in drive by house. Storage.

Last Agent to Sell the Property

Mike Bader

RE/MAX of Boulder, Inc Listed on: 05/15/2015

Last Buyer's Agent

Stephen Remmert

Compass - Boulder

Compass - Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,897

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • Driveway Level

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 6,924 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Window Treatments
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, trash collection
  • Assessor Parcel Number R0512420

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Built by Back units built 1970
  • West Marine Street Subdivision

Building Details

  • Gross Income $171,673
  • Net Operating Income $125,261

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,897

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.29
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: West Marine Street
  • Directions: From 9th head west on Marine Street to property on north side. Front house is 733A&B Additional 6 units are behind the front house. Park on Marine Street or park in the back alley to the North in parking space 735B.
  • Architectural Style: Ranch
  • Unit Levels: One, Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 6924
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Accessibility Features: Level Lot, Level Drive, Near Bus, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 7
  • Fireplace Features: Insert
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan, Kitchen Island
  • Window Features: Window Coverings, Skylight(s)

Exterior Features

  • Roof: Composition
  • Builder Name: Back units built 1970
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Wooded
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Balcony
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Baseboard, Wood/Coal
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • 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: Manhattan

Lot Info

  • Zoning: RMX-1
  • Lot Size Sq Ft: 12775
  • Parcel #: R0512420
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Trash Collection

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 12897

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 171672.89
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 46411.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2011
Sold by
Peck Simon B and Riddel Mary C
Bought by
B & J Futures Llc
Current Estimated Value
$521,834

Purchase Details

Closed on
Jun 24, 2010
Sold by
733-739 Marine Llc
Bought by
Pekc Simon B and Riddel Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,221,600
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2007
Sold by
Goodacre R W and Cooke Donald T
Bought by
Johnke Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
16%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 13, 1979
Bought by
733 Marine Street Properties Llc
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
B & J Futures Llc -- None Available
Pekc Simon B $1,821,668 First Colorado Title
Johnke Matthew $247,500 None Available
733 Marine Street Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pekc Simon B $1,221,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $2,660,000 -- --
07/31/2015 07/31/15 Sold $2,660,000 -90.5% $384 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $28,000,000 -- $4,044 / 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 $2,746 $30,369 -- $30,369
2024 $2,746 $30,369 -- $30,369
2023 $2,696 $30,346 -- $34,031
2022 $2,528 $26,410 $0 $26,410
2021 $2,414 $27,170 $0 $27,170
2020 $2,341 $26,898 $0 $26,898
2019 $2,306 $26,898 $0 $26,898
2018 $2,122 $24,480 $0 $24,480
2017 $2,056 $29,301 $0 $29,301
2016 $1,433 $16,557 $0 $16,557
2015 $1,357 $15,116 $0 $15,116
2014 $1,271 $15,116 $0 $15,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 763546

IRES MLS

APN: 1461361-51-003