Seller's Agent in 2022
Keith Kanemoto
RE/MAX
(303) 472-2222
1 in this area
61 Total Sales
903 18th St Unit 103 Boulder, CO 80302
University Hill NeighborhoodEstimated Value: $800,518 - $1,029,000
4
Beds
4
Baths
1,333
Sq Ft
$691/Sq Ft
Est. Value
Highlights
- 0.4 Acre Lot
- Open Floorplan
- Eat-In Kitchen
- Flatirons Elementary School Rated A
- Corner Lot
- Forced Air Heating System
About This Home
As of March 2022A rare gem of an investment property located in the heart of the University Hill neighborhood in Boulder, Colorado! This student rental property maintains 100% occupancy year round. There is a lease in place at $4,400 per month until July2022, then the rent increases to $4,800 per month and expires July 2023.The layout of this unit is unique; as it is essentially a four bedroom, four bathroom apartment contained in one 1,333 square foot unit. This unit also consists of a common living room and a full kitchen. There is a small laundry room within the unit, and the unit includes one underground assigned parking space and one surface parking space. There is even a large, 341 square foot, wrap-around private patio and a small 6'x6' storage unit.Easy walking distance to Walgreens, Starbucks, and a plethora of restaurants, shops and more. This condominium is any students dream come true home away from home and a money maker for the savvy investor.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,118
Year Built
- Built in 1987
Lot Details
- 0.4 Acre Lot
- Corner Lot
HOA Fees
- $786 Monthly HOA Fees
Parking
- Alley Access
Home Design
- Wood Frame Construction
- Rubber Roof
Interior Spaces
- 1,333 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Window Treatments
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Schools
- Flatirons Elementary School
- Manhattan Middle School
- Boulder High School
Utilities
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for deposit, gas, electricity
- Assessor Parcel Number R0105864
Community Details
Overview
- Association fees include common amenities, trash, snow removal, ground maintenance, utilities, maintenance structure
- Eighteenth St On The Hill Condos Bo Subdivision
Building Details
- Gross Income $54,800
- Net Operating Income $39,887
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2022
Closed on
Mar 18, 2022
Sold by
Ibi Venture
Bought by
Lee Lane and Lee Catherine
Seller's Agent
Keith Kanemoto
RE/MAX Elevate
Buyer's Agent
Janet Borchert
WK Real Estate
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,380
Avg. Annual Appreciation
1.38%
Original Mortgage
$647,200
Outstanding Balance
$606,305
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$315,075
Purchase Details
Closed on
Apr 29, 1993
Bought by
Ibi Venture
Purchase Details
Closed on
Jun 24, 1992
Bought by
Ibi Venture
Purchase Details
Closed on
Aug 19, 1987
Bought by
Ibi Venture
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Lane | $875,000 | None Listed On Document | |
| Ibi Venture | $148,000 | -- | |
| Ibi Venture | $135,000 | -- | |
| Ibi Venture | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Lane | $647,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/19/2022 06/19/22 | Off Market | $875,000 | -- | -- |
| 03/18/2022 03/18/22 | Sold | $875,000 | 0.0% | $656 / Sq Ft |
| 02/09/2022 02/09/22 | For Sale | $875,000 | -- | $656 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
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 | $4,244 | $55,713 | -- | $55,713 |
| 2024 | $4,244 | $55,713 | -- | $55,713 |
| 2023 | $4,168 | $47,398 | -- | $51,083 |
| 2022 | $4,315 | $45,662 | $0 | $45,662 |
| 2021 | $4,118 | $46,976 | $0 | $46,976 |
| 2020 | $3,732 | $42,879 | $0 | $42,879 |
| 2019 | $3,675 | $42,879 | $0 | $42,879 |
| 2018 | $3,283 | $37,865 | $0 | $37,865 |
| 2017 | $3,180 | $41,862 | $0 | $41,862 |
| 2016 | $3,678 | $42,490 | $0 | $42,490 |
| 2015 | $3,483 | $33,026 | $0 | $33,026 |
| 2014 | $2,839 | $33,026 | $0 | $33,026 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Kanemoto
-
Janet Borchert
Buyer's Agent in 2022
Janet Borchert
WK Real Estate
(303) 263-3215
1 in this area
91 Total Sales
Map
Source: IRES MLS
MLS Number: 958739
APN: 1463314-21-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
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