NOT LISTED FOR SALE
11 Beds
6 Baths
5,382 Sq Ft
12,632 Sq Ft

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 License #40043145 Listed on: 09/23/2015

Last Buyer's Agent

Janet Leap

RE/MAX of Boulder, Inc License #40039485

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

0.29 Acres

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
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

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 $14,243 $153,000 $78,394 $74,606
2024 $14,243 $153,000 $78,394 $74,606
2023 $14,243 $162,328 $79,871 $86,142
2022 $12,385 $130,941 $64,029 $66,912
2021 $12,076 $137,680 $67,324 $70,356
2020 $10,485 $120,457 $58,130 $62,327
2019 $10,325 $120,457 $58,130 $62,327
2018 $11,380 $131,256 $52,056 $79,200
2017 $11,024 $145,111 $57,551 $87,560
2016 $8,229 $95,058 $47,680 $47,378
2015 $7,792 $72,993 $35,979 $37,014
2014 $6,137 $72,993 $35,979 $37,014
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: IRE775759

IRES MLS
Your Personal Tour Guide

Ask me questions while you tour the home.