NOT LISTED FOR SALE

Estimated Value: $368,000 - $381,000

2 Beds
1 Bath
864 Sq Ft
$436/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2024

Last sale price $377,000 $436 Per Sq Ft

Current estimated payment $2,807 / mo

164 Days on Market

Highlights

  • Fitness Center
  • Indoor Pool
  • City View
  • Creekside Elementary School Rated A
  • Building Security
  • Clubhouse

About This Home

As of November 2024

Best two bedroom near campus! Excellent Investment Opportunity: 2-Bedroom Condo Near CU Boulder - Price Reduced! Don't miss this incredible investment opportunity in the heart of Boulder! Located in Spanish Towers, just east of the University of Colorado Boulder, this bright and spacious 2-bedroom, 1-bathroom condo is ideal for student rentals or anyone seeking a prime location near campus. With a recently reduced price of $377,500 and rental potential of $2,500 per month, it offers excellent cash flow potential and 5.8% CAP RATE. Situated on the second floor, the condo features a private balcony with east-facing views, filling the space with natural light. The large living room includes a cozy fireplace, and recent upgrades include brand new carpet and fresh paint throughout. The building amenities include a well-equipped workout gym, a pool for relaxing, and a conference room for study or work needs.Just a short walk to CU Boulder, this property is perfect for students or faculty. Enjoy easy access to Boulder's extensive bike paths, as well as countless hiking, biking, climbing, and skiing opportunities. Boulder is also known for its thriving tech scene, with opportunities in bioscience, aerospace, and tech industries, making this a smart long-term investment.Whether you're looking to expand your real estate portfolio or secure a student-friendly property near campus, this condo checks all the boxes!

Last Agent to Sell the Property

Chip Bruss

RE/MAX of Boulder, Inc License #100026403 Listed on: 10/31/2024

Last Buyer's Agent

Bernadette England

Redfin Corporation License #100086444

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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1969

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • City Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Creekside Elementary School
  • Manhattan Middle School
  • Fairview High School

Additional Features

  • Accessible Elevator Installed
  • Indoor Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R0083423

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance, security, management, maintenance structure, water/sewer, hazard insurance
  • Spanish Towers HOA, Phone Number (303) 444-1456
  • Spanish Towers Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center

Security

  • Building Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,969

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$535 per month

Listing Details

  • Inclusions: Electric Range/Oven,Dishwasher,Refrigerator,Microwave
  • Year Built: 1969
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Subdivision Name: Spanish Towers
  • Directions: Park on Bixby or 29th.
  • Architectural Style: Ranch
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 864
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: 2nd Floor
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Dining Room Features: Carpet
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Laminate Floor
  • Living Room Features: Carpet
  • Dining Room Dining Room Level: Main

Exterior Features

  • Roof: Other
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Block, Stucco
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: Off Street

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Common Area
  • Security: Building Security
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Security, Management, Maintenance Structure, Water/Sewer, Hazard Insurance
  • Community Features: Clubhouse, Indoor Pool, Fitness Center, Elevator
  • Senior Community: No
  • Association Fee: 535.17
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Towers HOA
  • Phone: 303-444-1456
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Creekside
  • HighSchool: Fairview
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: RES
  • Parcel #: R0083423
  • Irrigation Water Rights: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1969

Multi Family

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
Oct 31, 2024
Closed on
Jan 16, 2025
Sold by
Bought by
Seller's Agent
Chip Bruss
RE/MAX of Boulder, Inc
Buyer's Agent
Bernadette England
Redfin Corporation
List Price
$415,000
Sold Price
$377,000
Premium/Discount to List
-$38,000
-9.16%
Views
32
Current Estimated Value
$376,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$439
Avg. Annual Appreciation
-0.07%
Original Mortgage
$282,750
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2024
Closed on
Nov 22, 2024
Sold by
Bought by
Seller's Agent
Chip Bruss
RE/MAX of Boulder, Inc
Buyer's Agent
Bernadette England
Redfin Corporation
List Price
$415,000
Sold Price
$377,000
Premium/Discount to List
-$38,000
-9.16%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,750
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2020
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 1993
Bought by

Purchase Details

Closed on
Mar 26, 1981
Bought by

Purchase Details

Closed on
Sep 3, 1980
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
-- None Listed On Document
$377,000 Land Title Guarantee
-- Land Title Guarantee Co
$345,000 Land Title Guarantee Co
$204,000 First American
-- First American
$91,500 Land Title
$75,500 --
-- --
$65,500 --
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 $282,750
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
11/22/2024 11/22/24 Sold $377,000 -0.1% $436 / Sq Ft
11/03/2024 11/03/24 Pending -- -- --
10/19/2024 10/19/24 Price Changed $377,500 -0.5% $437 / Sq Ft
08/30/2024 08/30/24 Price Changed $379,500 -4.9% $439 / Sq Ft
07/03/2024 07/03/24 Price Changed $399,000 -2.7% $462 / Sq Ft
06/07/2024 06/07/24 Price Changed $410,000 -1.2% $475 / Sq Ft
05/23/2024 05/23/24 For Sale $415,000 -- $480 / 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 $2,466 $27,220 $27,220
2025 $2,466 $27,220 $27,220
2024 $1,983 $25,019 $25,019
2023 $1,948 $22,560 $26,245
2022 $2,376 $25,583 $0 $25,583
2021 $2,265 $26,319 $0 $26,319
2020 $2,021 $23,223 $0 $23,223
2019 $1,991 $23,223 $0 $23,223
2018 $1,809 $20,866 $0 $20,866
2017 $1,752 $23,068 $0 $23,068
2016 $1,601 $18,491 $0 $18,491
2015 $1,516 $15,124 $0 $15,124
2014 $1,300 $15,124 $0 $15,124
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE1010004

IRES MLS

APN: 1463323-09-035

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