NOT LISTED FOR SALE

Estimated Value: $1,773,406 - $3,286,000

1.26 Acres
$1,754,644 Price per Acre
54,886 Sq Ft Lot

Last Sold October 25, 2023

Last sale price $1,850,000 $221 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,931/month

308 Days on Market

Highlights

  • Horses Allowed On Property
  • City View
  • Hiking Trails
  • Douglass Elementary School Rated A-
  • No HOA
  • Partially Fenced Property

About This Lot

As of October 2023

$500K PRICE IMPROVEMENT. This luxury homesite is perched atop Panorama Park w/boundless views. You feel on top of the world. The priceless, forever views make this homesite one of the crown jewels of Boulder, Colorado. Amazing location to build your dream home. Envision walls of glass that frame Longs Peak, the Flatirons & the Continental Divide. Create ample terraces for enjoying the outdoor privacy and spectacular setting. The professionally designed backyard is fully intact with a large water fountain, fire pit, sitting areas and pathways that meander through tiers of amazing flower gardens, grassy flats and various fruit trees. The blueprints are available for the magnificent, custom home that was previously located on this incomparable homesite. This property was impacted by the Marshall Fire. As a result, Boulder County will expedite the permitting process and will allow a home to be built without a lengthy site plan review process. See Boulder County Land Use Code Article 19-500. Has been cleared of debris, soil tested and ready to build on. The taxes shown are from when their was a 8,702 sq.ft. home on this homesite. Please do not walk this site unaccompanied.

Last Agent to Sell the Property

Julia Cantarovici

8z Real Estate Listed on: 11/16/2022

8z Real Estate

Last Buyer's Agent

Elizabeth Ryterski

RE/MAX Elevate

RE/MAX Elevate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,959

Lot Details

  • 1.26 Acre Lot
  • South Facing Home
  • Partially Fenced Property
  • Property is zoned ER

Property Views

  • City
  • Mountain

Schools

  • Douglass Elementary School
  • Platt Middle School
  • Fairview High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0035676

Community Details

Overview

  • No Home Owners Association
  • Panorama Park Subdivision

Recreation

  • Hiking Trails
  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$25,959

Lot Details

0

Listing Details

  • Development Status: Boundaries Marked
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 1.26
  • Road Surface Type: Paved
  • Subdivision Name: Panorama Park
  • Directions: From S Boulder Rd & Hwy 36: go East on S Boulder Rd to Paragon Dr. Go right/South. At the first junction head to the left side, which becomes Spring Dr. Stay on Spring Drive until you reach Panorama Dr. Go left/East on Panorama Dr. You will go to the very end of Panorama Dr. The homesite will be on the left side at the end of the cul-de-sac.
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
  • View: Mountain(s), Foothills View, Plains View, City
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Lighting

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas at Property
  • Sewer: Septic
  • Water Source: City Water, East Boulder County
  • Gas Company: Natural Gas, Separate Meter Gas, Natural Gas at Property, Xcel

Condo/Co-op/Association

  • Community Features: Hiking/Biking Trails
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Douglass
  • HighSchool: Fairview
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Platt

Lot Info

  • Zoning: ER
  • Current Use: Zoning Appropriate for 2 Horses
  • Lot Size Sq Ft: 54886
  • Parcel #: R0035676
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 25959

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Oct 25, 2023
Sold by
Iglesias Roberto J
Bought by
Koch Joel Charles and Koch Andrea Joy
Seller's Agent
Julia Cantarovici
8z Real Estate
Buyer's Agent
Elizabeth Ryterski
RE/MAX Elevate
List Price
$2,695,000
Sold Price
$1,850,000
Premium/Discount to List
-$845,000
-31.35%
Views
282
Current Estimated Value
$2,210,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,852
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Jun 7, 2005
Sold by
Miller Laura A
Bought by
Iglesias Roberto J

Purchase Details

Closed on
Jan 30, 1998
Sold by
The First National Bank Of Chicago
Bought by
Miller Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.07%

Purchase Details

Closed on
Sep 6, 1996
Sold by
Grumbine Cecily G and Grumbine Delwin A
Bought by
The First National Bank Of Chicago

Purchase Details

Closed on
Jun 13, 1996
Sold by
Lowry Delwin A and Lowry Cecily G
Bought by
The First National Bank Of Chicago
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

Date Buyer Sale Price Title Company
Koch Joel Charles $1,850,000 Bz Title
Iglesias Roberto J $761,050 Land Title Guarantee Company
Miller Laura A $220,000 First American Heritage Titl
The First National Bank Of Chicago -- --
The First National Bank Of Chicago -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Laura A $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $1,850,000 -15.9% $221 / Sq Ft
07/20/2023 07/20/23 Price Changed $2,200,000 -18.4% $263 / Sq Ft
11/16/2022 11/16/22 For Sale $2,695,000 -- $322 / 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 $4,442 $64,825 $64,825 --
2024 $4,442 $64,825 $64,825 --
2023 $4,374 $47,664 $51,349 --
2022 $2,132 $21,493 $21,493 $0
2021 $25,959 $287,645 $44,223 $243,422
2020 $27,776 $293,150 $58,630 $234,520
2019 $30,531 $293,150 $58,630 $234,520
2018 $17,826 $162,893 $32,688 $130,205
2017 $17,479 $180,087 $36,138 $143,949
2016 $17,766 $159,001 $39,561 $119,440
2015 $16,817 $141,067 $65,590 $75,477
2014 $15,991 $141,067 $65,590 $75,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE978860

IRES MLS

APN: 1577123-08-021