NOT LISTED FOR SALE

Estimated Value: $1,200,974 - $1,593,000

4 Beds
2 Baths
1,950 Sq Ft
$711/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $1,136,250 $583 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,248/month

35 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • No HOA
  • Flatirons Elementary School Rated A
  • Corner Lot
  • 5-minute walk to Beach Park

About This Home

As of September 2023

Seize the opportunity to own an extraordinary investment in Boulder! This remarkable property comes with a lease extending until summer 2024 and offers an unparalleled rental rate of $5090/month. This 4 bedroom 2-bath rental has hardwood floors, an updated kitchen, unfinished basement, an upstairs bedroom with its own private deck, and a newly landscaped low maintenance backyard area. Perfectly situated, this property is located just 3 blocks from Chautauqua Park, which has some of the best hiking in Boulder. Additionally, it is a mere 4 blocks away from the fun entertainment hub of the University known as "The Hill."This might be the easiest investment you can buy, so enhance your rental portfolio with this remarkable Boulder property, fully leased and ready to go!

Last Agent to Sell the Property

Carly Mayer

Compass - Boulder Listed on: 07/14/2023

Compass - Boulder

Last Buyer's Agent

Lisa Trifon

Accent Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 1924

Lot Details

  • 3,831 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Victorian Architecture
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Dishwasher
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0001630

Community Details

Overview

  • No Home Owners Association
  • University Place Subdivision

Building Details

  • Gross Income $61,080
  • Net Operating Income $55,351

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,729

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.09
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: University Place
  • Directions: On the south west corner of 11th St and Aurora Ave
  • Architectural Style: Victorian
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Unfinished
  • Total Bedrooms: 4
  • Fireplace Features: Single Fireplace
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Sidewalks, Corner Lot
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 3831
  • Parcel #: R0001630
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5729

Multi Family

  • Annual Gross Income: 61080
  • Annual Operating Expense: 5729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Nov 17, 2023
Sold by
Highland Properties 2723 Llc
Bought by
726 Smith Street Lllp
Seller's Agent
Carly Mayer
Compass - Boulder
Buyer's Agent
Lisa Trifon
Accent Properties
List Price
$1,295,000
Sold Price
$1,136,250
Premium/Discount to List
-$158,750
-12.26%
Views
62
Current Estimated Value
$1,385,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,744
Avg. Annual Appreciation
9.22%
Original Mortgage
$1,091,914
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 19, 2023
Sold by
895 11Th Llc
Bought by
Highland Properties 2723 Llc
Seller's Agent
Carly Mayer
Compass - Boulder
Buyer's Agent
Lisa Trifon
Accent Properties
List Price
$1,295,000
Sold Price
$1,136,250
Premium/Discount to List
-$158,750
-12.26%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,091,914
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2015
Sold by
Mann Ryan G
Bought by
895 11Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2014
Sold by
Mann Ryan G
Bought by
895 11Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2014
Sold by
895 11Th Llc
Bought by
Mann Ryan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2013
Sold by
Mann Ryan G
Bought by
895 11Th Llc

Purchase Details

Closed on
May 8, 2012
Sold by
Mann Ryan G and Lester Russell
Bought by
Mann Ryan G

Purchase Details

Closed on
May 18, 2009
Sold by
Mann Ryan
Bought by
Mann Ryan

Purchase Details

Closed on
Apr 2, 2008
Sold by
Anderson Eric and Mann Ryan
Bought by
Mann Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 2005
Sold by
Mann Ryan and Finch Robin
Bought by
Mann Ryan and Anderson Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 2005
Sold by
Russell Mann Ryan and Russell Lester
Bought by
Mann Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,050
Interest Rate
11.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2005
Sold by
Mann Ryan G
Bought by
Mann Ryan G and Lester Russell B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,050
Interest Rate
11.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2005
Sold by
Jacob Paul Mitchell and Jacob Patricia Ann
Bought by
Mann Ryan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2003
Sold by
Jacob Paul Mitchell and Flavin Patricia
Bought by
Jacob Paul Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2001
Sold by
Jacob Paul Mitchell
Bought by
Jacob Paul Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.98%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 30, 1995
Sold by
Eiden Dale E and Eiden Andrea M
Bought by
Jacob Paul Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
8%

Purchase Details

Closed on
Apr 10, 1992
Bought by
895 11Th Llc

Purchase Details

Closed on
Dec 2, 1983
Bought by
895 11Th Llc
Source: Public Records

Range of Values:

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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
726 Smith Street Lllp $1,136,250 None Listed On Document
Highland Properties 2723 Llc $1,136,250 None Listed On Document
895 11Th Llc -- None Available
Mann Ryan G -- None Available
895 11Th Llc -- None Available
Mann Ryan G -- None Available
895 11Th Llc -- None Available
Mann Ryan G -- None Available
Mann Ryan -- None Available
Mann Ryan -- Utc Colorado
Mann Ryan -- --
Mann Ryan -- --
Mann Ryan G -- --
Mann Ryan G $470,000 First Colorado Title
Jacob Paul Mitchell -- Landamerica Lawyers Title
Jacob Paul Mitchell -- --
Jacob Paul Mitchell $292,000 --
895 11Th Llc -- --
895 11Th Llc $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Highland Properties 2723 Llc $1,091,914
Previous Owner Mann Ryan G $417,000
Previous Owner Mann Ryan G $417,000
Previous Owner Mann Ryan $397,718
Previous Owner Mann Ryan G $48,000
Previous Owner Mann Ryan $417,000
Previous Owner Anderson Eric $81,000
Previous Owner Lester Russell $10,050
Previous Owner Mann Ryan G $376,000
Previous Owner Jacob Paul Mitchell $123,000
Previous Owner Jacob Paul Mitchell $75,000
Previous Owner Jacob Paul Mitchell $233,600
Closed Mann Ryan G $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $1,136,250 -4.9% $583 / Sq Ft
08/05/2023 08/05/23 Price Changed $1,195,000 -7.7% $613 / Sq Ft
07/21/2023 07/21/23 For Sale $1,295,000 -- $664 / 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 $6,323 $69,263 $43,138 $26,125
2024 $6,323 $69,263 $43,138 $26,125
2023 $6,211 $71,054 $43,952 $30,787
2022 $5,729 $60,882 $36,008 $24,874
2021 $5,466 $62,634 $37,044 $25,590
2020 $5,139 $59,038 $30,888 $28,150
2019 $5,060 $59,038 $30,888 $28,150
2018 $4,611 $53,179 $27,648 $25,531
2017 $4,466 $58,792 $30,566 $28,226
2016 $4,160 $48,055 $25,313 $22,742
2015 $3,939 $39,879 $19,661 $20,218
2014 $3,353 $39,879 $19,661 $20,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 992191

IRES MLS

APN: 1463313-24-019