NOT LISTED FOR SALE
8 Beds
4 Baths
2,448 Sq Ft
5,765 Sq Ft Lot

Sale Details

Date Sold: March 9, 2021

Last sale price $2,000,000 $817 Per Sq Ft

Highlights

  • No HOA
  • Balcony
  • Forced Air Heating System
  • Flatirons Elementary School Rated A
  • Brick Veneer
  • West Facing Home

About This Home

As of March 2021

Entered for comp purposes only. Agent owner. Legal side by side duplex with 4 beds and 2 baths per side for a total of 8 bedrooms and 4 baths. Big bedrooms and recently updated kitchens. Hardwood floors. Monthly gross rent of $9560 with strong upside potential. Detached two-car garage.

Last Agent to Sell the Property

Stan Lanzano

Eldorado Real Estate License #40029754 Listed on: 03/08/2021

Last Buyer's Agent

Michael Greenwood

RE/MAX of Boulder, Inc

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,084

Year Built

  • Built in 1950

Lot Details

  • 5,765 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Sprinkler System

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Microwave

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, trash collection
  • Assessor Parcel Number R0001403

Community Details

Overview

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

Building Details

  • Gross Income $114,720
  • Net Operating Income $107,636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,084

Year Built

Built in 1950

Lot Details

5,765 Sq Ft Lot

Listing Details

  • Year Built: 1950
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: University Place
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2448
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Refrigerator, Washer, Dryer, Microwave
  • Has Basement: None
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Lawn Sprinkler System
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: West
  • Exterior Features: Balcony
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Heating Yn: Yes
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: R72
  • Lot Size Sq Ft: 5765
  • Parcel #: R0001403
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7084

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 114720

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
Mar 8, 2021
Closed on
Mar 9, 2021
Sold by
860 19Th Street Llc
Bought by
Seller's Agent
Stan Lanzano
Eldorado Real Estate
Buyer's Agent
Michael Greenwood
RE/MAX of Boulder, Inc
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,168,934
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2019
Sold by
Lanzano Stanley F
Bought by
880 19Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,258,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2019
Sold by
860 19Th Street Llc
Bought by
Lanzano Stanley F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,258,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2017
Sold by
Lanzano Stanley F
Bought by
860 19Th Street Llc

Purchase Details

Closed on
Sep 11, 2013
Sold by
860 19Th Street Llc
Bought by
Lanzano Stanley F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2010
Sold by
Lanzano Stanley F
Bought by
860 19Th Street Llc

Purchase Details

Closed on
Feb 8, 2008
Sold by
Hakabert Llc
Bought by
Lanzano Stanley F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2007
Sold by
Gilbert James D and Gilbert Donna C H
Bought by
Hakabert Llc

Purchase Details

Closed on
Apr 30, 2007
Sold by
Mwc Family Partnership Lllp
Bought by
Gilbert James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1996
Sold by
Carroll Mary W
Bought by
Revocable Trust Of Mary W Carroll
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
$200,000 Land Title Guarantee
880 19Th Street Llc -- Land Title Guarantee Co
Lanzano Stanley F -- Land Title Guarantee
860 19Th Street Llc -- Land Title Guarantee Co
Lanzano Stanley F -- None Available
860 19Th Street Llc -- None Available
Lanzano Stanley F $870,000 First Colorado Title
Hakabert Llc -- Accommodation
Gilbert James D $707,000 Land Title Guarantee Company
Revocable Trust Of Mary W Carroll -- --
Mwc Family Ltd Partnership -- --
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
Open $1,300,000
Previous Owner Lanzano Stanley F $1,258,000
Previous Owner Lanzano Stanley F $497,500
Previous Owner Lanzano Stanley F $533,000
Previous Owner Gilbert James D $565,600
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
06/07/2021 06/07/21 Off Market $2,000,000 -- --
03/09/2021 03/09/21 Sold $2,000,000 0.0% $817 / Sq Ft
03/08/2021 03/08/21 For Sale $2,000,000 -- $817 / 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 -- $107,447 $57,569 $49,878
2025 -- $107,447 $57,569 $49,878
2024 $9,042 $98,757 $52,913 $45,844
2023 $9,042 $102,966 $53,915 $52,736
2022 $7,893 $83,375 $43,221 $40,154
2021 $7,696 $87,666 $45,445 $42,221
2020 $7,084 $81,382 $37,824 $43,558
2019 $6,976 $81,382 $37,824 $43,558
2018 $6,215 $71,683 $33,912 $37,771
2017 $6,020 $79,250 $37,492 $41,758
2016 $5,736 $66,267 $31,044 $35,223
2015 $5,432 $57,710 $31,840 $25,870
2014 $4,852 $57,710 $31,840 $25,870
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE935030

IRES MLS
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