NOT LISTED FOR SALE

850 W Moorhead Cir Unit 1E Boulder, CO 80305

South Boulder Neighborhood

Estimated Value: $248,000 - $302,014

1 Bed
1 Bath
621 Sq Ft
$398/mo HOA Fee

Last Sold April 12, 2024

Last sale price $275,000 $443 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,017/month

3 Days on Market

Highlights

  • Home fronts a pond
  • Mountainous Lot
  • Tennis Courts
  • Creekside Elementary School Rated A
  • Property is near public transit
  • Community Garden

About This Home

As of April 2024

Clean and very well situated 1 Bed 1 Bath Condo in Tantra Lake with partial view of the Flatirons. New carpeting and reserved parking right in front, laundry and storage locker in building, large 24 hour gym in Clubhouse with pool (being repaired), billiard room and basketball/ tennis courts and outdoor grills around Tantra Lake and buildings. Close to CU Campus, Downtown Boulder, hiking, rock-climbing, miles and miles of walking/ biking trails, and very quick and easy access to freeway leading to Denver and Longmont. Beautiful Tantra Lake is steps away. Also, very close to bus lines, close to shopping/ Whole Foods, King Soopers and many local restaurants, minutes to NOAA, NCAR, NIST, and Boulder's Central Business District. Rental License Compliant.

Unlock the potential of this hidden gem in Boulder, Colorado! This condo not only offers stunning mountain views and pond-front tranquility but presents a golden opportunity for savvy investors or even first-time home buyers.

Step into a sunlit living space that's a blank canvas awaiting your creative touch. The open layout provides flexibility for value-adding improvements

Look out the windows to appreciate panoramic mountain views, an attractive feature that can significantly increase the property's market value.

Situated in a desirable community with a serene pond, this condo is a prime rental prospect.

For the astute investor, the potential for a profitable flip is evident. For the first-time home buyer, this is a perfect home with beautiful views in a sought-after location.

Don't miss out on this rare chance to live & invest in Boulder's real estate market. Assigned parking right in front of building. Schedule a showing today and envision the lucrative possibilities that come with this 1 bed, 1 bath condo. Act fast – opportunities like these are in high demand!

Last Listed By

Cesar Peña

LPT Realty Brokerage Email: Cesar@onlythebestrealestate.com,720-320-4330 License #100097076 Listed on: 03/08/2024

LPT Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,867

Year Built

  • Built in 1972

Lot Details

  • Home fronts a pond
  • 1 Common Wall
  • Landscaped
  • Mountainous Lot

HOA Fees

  • $398 Monthly HOA Fees

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 621 Sq Ft Home
  • Multi-Level Property

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Location

  • Property is near public transit

Schools

  • Creekside Elementary School
  • Southern Hills Middle School
  • Fairview High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Sellers Personal Property
  • Assessor Parcel Number R0504209

Community Details

Overview

  • Association fees include insurance, ground maintenance, sewer, snow removal, trash, water
  • Tantra Lake HOA, Phone Number (720) 810-4626
  • Low-Rise Condominium
  • Tantra Subdivision
  • Foothills

Amenities

  • Community Garden

Recreation

  • Tennis Courts
  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,867

Year Built

Built in 1972

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: Multi/Split
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 621
  • Exclusions: Sellers Personal Property
  • Living Area: 621
  • SubdivisionName: Tantra
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 1.07843
  • Attribution Contact: Cesar@onlythebestrealestate.com,720-320-4330
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Refrigerator
  • Full Bathrooms: 1
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Other
  • Construction Materials: Frame, Stucco
  • Road Surface Type: Paved
  • Waterfront Features: Pond

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Access (Wired), Phone Available
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard, Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Sewer, Snow Removal, Trash, Water
  • Association Name: Tantra Lake HOA
  • Association Fee Frequency: Annually
  • Association Amenities: Garden Area, Playground, Tennis Court(s)
  • Association Fee: 4776
  • Phone: 7208104626
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4776.00
  • REC_AssociationFeeTotalAnnual: 4776.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://hoa-community.com/tantra-lake-hoa-boulder-co/

Schools

  • Middle Or Junior School: Southern Hills

Lot Info

  • Parcel Number: R0504209
  • Lot Size Acres: 0.01
  • Building Area Total: 621
  • Lot Features: Foothills, Landscaped, Mountainous, Near Public Transit
  • Lot Size Sq Ft: 621
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1867

MLS Schools

  • Elementary School: Creekside
  • High School: Fairview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 12, 2024
Sold by
Goharjou Sina
Bought by
Lee Hsiao-Cbing
Seller's Agent
Cesar Peña
LPT Realty
Buyer's Agent
Cameo Martine-Stern
RE/MAX of Boulder, Inc
List Price
$255,000
Sold Price
$275,000
Premium/Discount to List
$20,000
7.84%
Total Days on Market
3
Views
55
Current Estimated Value
$267,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,246
Avg. Annual Appreciation
-2.46%
Original Mortgage
$75,000
Outstanding Balance
$34,813
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$232,941

Purchase Details

Closed on
Mar 31, 2011
Sold by
Patenaude Melissa Lynn and Arndt Matt
Bought by
Goharjou Sina

Purchase Details

Closed on
Aug 21, 2007
Sold by
Patenaude Melissa Lynn
Bought by
Patenaude Melissa Lynn and Arndt Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 28, 2003
Sold by
Boulder Investment Properties Llc
Bought by
Patenaude Melissa Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
4.5%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Lee Hsiao-Cbing $275,000 None Listed On Document
Goharjou Sina $121,500 Heritage Title
Patenaude Melissa Lynn -- Custom Title Solutions
Patenaude Melissa Lynn $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Hsiao-Cbing $75,000
Closed Lee Hsiao-Cbing $100,000
Previous Owner Patenaude Melissa Lynn $20,000
Previous Owner Patenaude Melissa Lynn $122,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $275,000 +7.8% $443 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $255,000 -- $411 / Sq Ft
Source: REcolorado®

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
2024 $1,605 $17,713 -- $17,713
2023 $1,605 $17,713 -- $21,398
2022 $1,867 $19,300 $0 $19,300
2021 $1,784 $19,856 $0 $19,856
2020 $1,662 $19,098 $0 $19,098
2019 $1,637 $19,098 $0 $19,098
2018 $1,261 $14,544 $0 $14,544
2017 $1,222 $16,079 $0 $16,079
2016 $1,021 $11,789 $0 $11,789
2015 $966 $10,061 $0 $10,061
2014 $865 $10,061 $0 $10,061
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 5005284

REcolorado®

APN: 1577090-35-012