NOT LISTED FOR SALE
5 Beds
2 Baths
2,240 Sq Ft
6,104 Sq Ft Lot

Sale Details

Date Sold: March 18, 2024

Last sale price $965,250 $431 Per Sq Ft

43 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Partially Fenced Property
  • No HOA

About This Home

As of March 2024

Redevelopment opportunity in the very desirable Neikirk-Stewart subdivision between Mapleton Hill & Newlands, west of Broadway and close to the foothills and trails. This 6,104 sq ft lot currently has an approx 2,000 sq ft duplex (with 3 bed 1 bath upstairs & 2 bed 1 bath downstairs) that can provide some income while waiting for design and permitting approval. There are architectural plans already into the city for a 10 bedroom, 10 bath, 5,000 sq ft co-op home (with detached garage with 1 bed 1 bath ADU) which is in the permitting process. Buyer could partner with developer to complete that project. Alternatively, those plans could potentially be amended to build a single-family residence saving design fees. Value of the property is in the land and is being sold as-is. Price has already been reduced based on buyer's need to complete demolition & abatement. Call agent for more details.

Last Agent to Sell the Property

Steve Sims

Gibbons-White, Inc. License #1312310 Listed on: 02/04/2024

Last Buyer's Agent

Jorge Espinoza

The Colorado Group

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,158

Year Built

  • Built in 1957

Lot Details

  • 6,104 Sq Ft Lot
  • Partially Fenced Property
  • Sloped Lot

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Whittier Elementary School
  • Casey Middle School
  • Boulder High School

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0008163

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Neikirk Stewart Subdivision

Building Details

  • Gross Income $50,000
  • Net Operating Income $42,842

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,158

Year Built

Built in 1957

Lot Details

6,104 Sq Ft Lot

Listing Details

  • Year Built: 1957
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Neikirk-Stewart
  • Directions: From Broadway go west on North Street. 750 North will be on the south side of the street past 9th Street.
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Kitchen Level: Upper
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2240
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Additional Units
  • Private Spa: No
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Features: Wood Floor
  • Room Kitchen Features: Wood Floor
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Sloped
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Parking Features: Alley Access
  • IRESDS_GarageType: None

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • 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: Whittier
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Casey

Lot Info

  • Zoning: RMX-1
  • Lot Size Sq Ft: 6104
  • Parcel #: R0008163
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7158.04

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 50000

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 4, 2024
Closed on
Mar 18, 2024
Sold by
Bought by
Seller's Agent
Steve Sims
Gibbons-White, Inc.
Buyer's Agent
Jorge Espinoza
The Colorado Group
List Price
$990,000
Sold Price
$965,250
Premium/Discount to List
-$24,750
-2.5%
Views
20

Purchase Details

Closed on
Feb 24, 2022
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 7, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,400
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 1971
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$965,250 First American Title
$728,627 Stewart Title Company
-- Stewart Title Company
$650,000 Colorado Escrow & Title
$833,000 Land Title Guarantee
-- None Available
-- --
$25,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $650,000
Previous Owner $666,400
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
03/18/2024 03/18/24 Sold $965,250 -2.5% $431 / Sq Ft
02/04/2024 02/04/24 For Sale $990,000 -- $442 / 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 $8,591 $96,186 $86,567 $9,619
2025 $8,591 $96,186 $86,567 $9,619
2024 $7,290 $88,407 $79,566 $8,841
2023 $7,158 $81,150 $50,900 $33,936
2022 $6,930 $74,630 $65,987 $8,643
2021 $6,904 $78,472 $69,384 $9,088
2020 $6,030 $69,270 $55,413 $13,857
2019 $5,937 $69,270 $55,413 $13,857
2018 $4,767 $54,986 $43,992 $10,994
2017 $4,618 $60,791 $48,636 $12,155
2016 $4,551 $52,576 $39,800 $12,776
2015 $4,310 $39,522 $19,582 $19,940
2014 $3,323 $39,522 $19,582 $19,940
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE1002657

IRES MLS
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