NOT LISTED FOR SALE
7 Beds
2 Baths
4,254 Sq Ft
6,346 Sq Ft Lot

Sale Details

Date Sold: April 6, 2018

Last sale price $1,500,000 $353 Per Sq Ft

27 Days on Market

Highlights

  • Multiple Fireplaces
  • Raised Ranch Architecture
  • No HOA
  • Flatirons Elementary School Rated A
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of April 2018

Huge price reduction for for quick closing! Absolutely fantastic location on University Hill, 1.5 blocks from campus. Licensed as 2 duplex units with 2 unrelated/unit, plus 5 rooming units with 1 per unit - 9 licensed bedrooms total. Recently refinished wood floors, vinyl windows, newer furnaces & roof. Walk-out lower level w/ large, bright bedrooms, on demand hot water, fire sprinklered & SmartRegs compliant. 2 car attached garage plus 6 off-street spaces. Rent & expense are projections only.

Last Agent to Sell the Property

Michael-Ryan McCarty

Gibbons-White, Inc. License #40029628 Listed on: 02/08/2018

Last Buyer's Agent

Michael Greenwood

RE/MAX of Boulder, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1956

Lot Details

  • 6,346 Sq Ft Lot
  • West Facing Home
  • Sprinkler System
  • Legal Non-Conforming

Home Design

  • Duplex
  • Raised Ranch Architecture
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 4,254 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0003241

Community Details

Overview

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

Building Details

  • Gross Income $113,400
  • Net Operating Income $103,287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,443

Year Built

Built in 1956

Lot Details

6,346 Sq Ft Lot

Listing Details

  • Year Built: 1956
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: University Place
  • Directions: From Broadway and 20th, South on 20th, West on Cascade, South on 19th to property.
  • Architectural Style: Raised Ranch
  • Unit Levels: Raised Ranch
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Non-conforming, Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4254
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Disposal
  • Has Basement: Full, 90%+ Finished Basement, Walk-Out Access
  • Total Bedrooms: 7
  • Entry Location: Outside Entry
  • Fireplace Features: 2+ Fireplaces, Gas
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Walk-In Closet(s), Shared Kitchen, Shared Baths, Outside Entry
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: West
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel
  • Heating: Forced Air, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • 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: Manhattan

Lot Info

  • Zoning: RM-2
  • Lot Size Sq Ft: 6346
  • Parcel #: R0003241
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4443

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 113400
  • Income Includes: ["Lease/Rents"]

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
Feb 8, 2018
Closed on
Apr 6, 2018
Sold by
Bought by
Seller's Agent
Michael-Ryan McCarty
Gibbons-White, Inc.
Buyer's Agent
Michael Greenwood
RE/MAX of Boulder, Inc
List Price
$2,150,000
Sold Price
$1,500,000
Premium/Discount to List
-$650,000
-30.23%

Purchase Details

Closed on
Jan 5, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 1993
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 1989
Bought by

Purchase Details

Closed on
Jul 31, 1974
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,500,000 First American Title
$470,000 --
-- --
-- --
-- --
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 $1,500,000 -- --
04/06/2018 04/06/18 Sold $1,500,000 -30.2% $353 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $2,150,000 -- $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 -- $122,175 $60,404 $61,771
2025 -- $122,175 $60,404 $61,771
2024 $10,353 $112,294 $55,519 $56,775
2023 $10,353 $118,141 $56,568 $65,258
2022 $8,903 $94,255 $45,349 $48,906
2021 $8,681 $99,106 $47,683 $51,423
2020 $9,336 $107,251 $39,683 $67,568
2019 $9,193 $107,251 $39,683 $67,568
2018 $4,798 $74,807 $52,365 $22,442
2017 $0 $56,747 $31,840 $24,907
2016 $0 $56,747 $31,840 $24,907
2015 -- $56,747 $31,840 $24,907
2014 -- $56,747 $31,840 $24,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE841306

IRES MLS

APN: 1463-31-4-08-005

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