NOT LISTED FOR SALE

741 18th St Boulder, CO 80302

University Hill Neighborhood
11 Beds
6 Baths
5,382 Sq Ft
0.29 Acres

Last Sold December 10, 2015

Last sale price $1,827,000 $339 Per Sq Ft

48 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Brick Veneer
  • Flatirons Elementary School Rated A
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2015

Rarely available prime investment property on the Hill. Large legal, conforming, Tri-Plex (5,382 sq ft)on a huge .29 acre lot w/ 11 offstreet parking spaces. Well maintained property with 3 large units, all with upgraded kitchens and baths. New exterior paint. Newer windows in 2007. Current rents and other income are below market. Potential rental income is included and is estimated to be between $900-$1000 per bedroom. Buyer to verify sq ft. Residents love this location and property!

Last Agent to Sell the Property

Linda Nehls

RE/MAX of Boulder, Inc Listed on: 09/23/2015

Last Buyer's Agent

Janet Leap

RE/MAX of Boulder, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,276

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • Alley Access

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 5,382 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Deck

Schools

  • Flatirons Elementary School
  • Casey Middle School
  • Boulder High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0000858

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • University Place Subdivision

Building Details

  • Gross Income $117,612
  • Net Operating Income $91,613

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,276

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.29
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: University Place
  • Directions: From Baseline west of Broadway, North on 18th St, property will be on the left.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5382
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Has Basement: 90%+ Finished Basement, Walk-Out Access
  • Total Bedrooms: 11
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air, Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • 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: RES
  • Lot Size Sq Ft: 12652
  • Parcel #: R0000858
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 117612
  • Income Includes: ["Lease/Rents"]

Tax Info

  • Tax Annual Amount: 6276

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,827,000 -- --
12/10/2015 12/10/15 Sold $1,827,000 -6.3% $339 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $1,950,000 -- $362 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Linda Nehls

    Seller's Agent in 2015

    Linda Nehls

    RE/MAX

    (303) 668-7670

    1 in this area

    75 Total Sales

    Linda Nehls
    Section Image
  • Janet Leap

    Buyer's Agent in 2015

    Janet Leap

    RE/MAX

    (720) 938-4197

    11 in this area

    187 Total Sales

    Janet Leap
    Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 775759

IRES MLS
Colorado Boulder County Boulder 80302 University Hill

741 18th St, Boulder, CO

Not Listed for Sale

MultiFamily

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.

Nearby Homes