NOT LISTED FOR SALE
6 Beds
3 Baths
1,776 Sq Ft
6,145 Sq Ft Lot

Sale Details

Date Sold: December 3, 2024

Last sale price $1,400,000 $788 Per Sq Ft

21 Days on Market

About This Home

As of December 2024

Invest in a prime piece of real estate in one of the most sought-after locations in Colorado. This fully leased duplex sits across from CU Boulder Campus on 18th Street, and features a 4 Bed/1Bath unit in the front and a 2 Bed/1 Bath in the back. Each unit comes with its own laundry and onsite parking, and is pre-leased through 07/2025. Gross income for the upcoming school year totals $93,792, offering investors a stable source of rental income in a thriving market.

Last Agent to Sell the Property

Heidi Schamber

Market Real Estate License #100035303 Listed on: 11/12/2024

Last Buyer's Agent

Alicia Miller

RE/MAX of Boulder, Inc

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,635

Year Built

  • Built in 1984

Lot Details

  • 6,145

Home Design

  • Wood Frame Construction
  • Wood Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

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

Additional Features

  • 6,145 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water
  • Assessor Parcel Number R0003249

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lots 41 & 42 Cut By Ditch Blk 19 University Place Subdivision

Building Details

  • Gross Income $93,792
  • Net Operating Income $73,902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,635

Year Built

Built in 1984

Lot Details

6,145 Sq Ft Lot

Listing Details

  • Year Built: 1984
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: LOTS 41 & 42 CUT BY DITCH BLK 19 UNIVERSITY PLACE
  • Directions: Heading Northwest on Broadway, turn left on Baseline. Turn right on 18th and property will be on your left.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1776
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 6
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Wood
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas

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: RM-2
  • Lot Size Sq Ft: 6145
  • Parcel #: R0003249
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 93792
  • Income Includes: ["Lease/Rents","Common Area Fees"]

Tax Info

  • Tax Annual Amount: 10635

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
Nov 12, 2024
Closed on
Nov 22, 2024
Sold by
Bought by
Seller's Agent
Heidi Schamber
Market Real Estate
Buyer's Agent
Alicia Miller
RE/MAX of Boulder, Inc
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
Bought by

Purchase Details

Closed on
May 1, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 1993
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
$1,400,000 First American Title
-- None Available
-- --
$250,000 --
-- --
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
Open $915,000
Closed $910,000
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
12/03/2024 12/03/24 Sold $1,400,000 -6.7% $788 / Sq Ft
11/12/2024 11/12/24 For Sale $1,500,000 -- $845 / 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 $11,038 $124,107 $111,696 $12,411
2025 $11,038 $124,107 $111,696 $12,411
2024 $10,828 $114,069 $102,662 $11,407
2023 $10,635 $121,417 $112,592 $12,511
2022 $8,296 $87,720 $43,874 $43,846
2021 $8,089 $92,235 $46,132 $46,103
2020 $6,177 $70,964 $46,132 $24,832
2019 $6,083 $70,964 $46,132 $24,832
2018 $5,387 $62,136 $40,392 $21,744
2017 $5,219 $68,695 $44,656 $24,039
2016 $5,102 $58,944 $32,079 $26,865
2015 $4,832 $48,572 $23,960 $24,612
2014 $4,084 $48,572 $23,960 $24,612
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE1023104

IRES MLS

APN: 1463-31-4-05-018

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