$2,100,000
SOLD DEC 31, 2020
10 Beds
4 Baths
2,880 Sq Ft
6,023 Sq Ft Lot

Recently Sold

$729 Per Sq Ft

7% Below List Price

130 Days on Market

Highlights

  • No HOA
  • Enclosed patio or porch
  • Forced Air Heating System
  • Flatirons Elementary School Rated A
  • Brick Veneer
  • Hot Water Heating System

About This Home

As of December 2020

Rare Opportunity! Own an income property on the Hill in close proximity to CU. Great rents and currently pre-leased until August 2021. 3 units consisting of the original carriage house (879) and 1960s built apartment (881). 10 total bedrooms with 4 baths. New roof in 2019. Remodeled Kitchens. Ample off-street parking for residents. Professionally managed.

Last Agent to Sell the Property

Caldwell Sullivan

Four Star Rlty & Prop Mgmt Listed on: 07/23/2020

Last Buyer's Agent

Caldwell Sullivan

Four Star Rlty & Prop Mgmt Listed on: 07/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,272

Year Built

  • Built in 1963

Lot Details

  • 6,023 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Schools

  • Foothill Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • Forced Air Heating System
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, exterior maintenance, trash collection
  • Assessor Parcel Number R0006279

Community Details

Overview

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

Building Details

  • Gross Income $139,200
  • Net Operating Income $112,928

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,272

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: University Place
  • Directions: 19th and Cascade - Located near the corner of 19th and Aurora just off Broadway near the CU campus
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Legal Conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2880
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Partial
  • Total Bedrooms: 10
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Patio And Porch Features: Patio, Enclosed
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air, Hot Water
  • Utilities: Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, City of Boulder

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: MRE
  • Lot Size Sq Ft: 6023
  • Parcel #: R0006279
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Exterior Maintenance, Trash Collection

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7272.4

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 139200
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 26272.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2005
Sold by
Dykes Neil
Bought by
Biringen Zeynep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,750
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 2004
Sold by
Buffington Lee M
Bought by
Dykes Neil

Purchase Details

Closed on
Mar 31, 1988
Bought by
Biringen Zeynep and Biringen Sedat H

Purchase Details

Closed on
Apr 30, 1986
Bought by
Biringen Zeynep and Biringen Sedat H

Purchase Details

Closed on
Oct 19, 1983
Bought by
Biringen Zeynep and Biringen Sedat H

Purchase Details

Closed on
Oct 12, 1977
Bought by
Biringen Zeynep and Biringen Sedat H
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $985,000 First Colorado Title
Warranty Deed $700,000 Guardian Title Agency Llc
Special Warranty Deed $642,600 --
Deed -- --
Warranty Deed $147,500 --
Warranty Deed $81,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $533,850 New Conventional
Closed $738,750 Fannie Mae Freddie Mac
Previous Owner $100,000 Credit Line Revolving
Previous Owner $255,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 For Sale $3,100,000 +47.6% $1,076 / Sq Ft
04/04/2021 04/04/21 Off Market $2,100,000 -- --
12/31/2020 12/31/20 Sold $2,100,000 -6.7% $729 / Sq Ft
07/23/2020 07/23/20 For Sale $2,250,000 -- $781 / 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 $9,773 $107,120 $54,088 $53,032
2024 $9,773 $107,120 $54,088 $53,032
2023 $9,773 $111,434 $55,108 $60,012
2022 $8,248 $87,202 $45,154 $42,048
2021 $7,872 $89,712 $46,454 $43,258
2020 $7,312 $84,006 $38,682 $45,324
2019 $7,200 $84,006 $38,682 $45,324
2018 $6,574 $75,823 $34,632 $41,191
2017 $6,368 $83,827 $38,288 $45,539
2016 $6,241 $72,101 $31,760 $40,341
2015 $5,910 $57,288 $28,258 $29,030
2014 $4,817 $57,288 $28,258 $29,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 919040

IRES MLS

APN: 1463314-06-020