NOT LISTED FOR SALE
8 Beds
7 Baths
4,696 Sq Ft
9,035 Sq Ft Lot

Sale Details

Date Sold: June 9, 2022

Last sale price $2,825,000 $602 Per Sq Ft

25 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Air Conditioning
  • Flatirons Elementary School Rated A
  • Balcony
  • 2-minute walk to Chautauqua Playground

About This Home

As of June 2022

Exceptionally rare 5-unit multi-family investment opportunity with an unparalleled location directly across the street from Chautauqua Park. Located on a giant corner lot, this classic Chautauqua house built in 1909 features impeccable original craftsmanship with period architectural details and modern updates throughout. Smart-Regs Energy Compliant and fully licensed for 5 dwelling units and 1 rooming unit for a maximum of 16 unrelated occupants. Incredible wrap around porch with views of the Flatirons and the Park. Large, well-landscaped yard with privacy fence. Very well-maintained, with a new roof from 2014, a new sewer line from 2017, a high efficiency boiler and water heater installed in 2012, and the vast majority of windows recently upgraded. Potential to increase rents. On-site coin operated shared laundry room; off-street parking. Main level: Unit 1--3BR; 2 BA w/bonus/office room; 2nd Level: Unit 2--1 BR 1 BA; Unit 3--1 BR 1 BA; Garden: Unit 4--1 BR 1 BA; Unit 5--2 BR 2 BA

Last Agent to Sell the Property

John Hunter

John Hunter License #100031593 Listed on: 04/15/2022

Last Buyer's Agent

Karen Thompson

KTHOMES, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,561

Year Built

  • Built in 1909

Lot Details

  • 9,035 Sq Ft Lot
  • Southern Exposure
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,696 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill

Schools

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

Utilities

  • Air Conditioning
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0007584

Community Details

Overview

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

Building Details

  • Gross Income $125,760
  • Net Operating Income $106,131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,561

Year Built

Built in 1909

Lot Details

9,035 Sq Ft Lot

Listing Details

  • Year Built: 1909
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: University Place
  • Directions: From Baseline and Broadway, West on Baseline. Property is on the right, across from Chautauqua.
  • Unit Levels: Tri-Level
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4696
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: Walk-Out Access, Daylight
  • Total Bedrooms: 8
  • Interior Amenities: High Speed Internet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Corner Lot
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Gas Grill, Lighting, Balcony
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Room Air Conditioner, Ceiling Fan(s)
  • Electric: Electric, Master Meter-Electric, Xcel
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Master Meter-Gas, Xcel

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: RL-1
  • Lot Size Sq Ft: 9035
  • Parcel #: R0007584
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12561

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 125760
  • Income Includes: ["Lease/Rents","Laundry"]

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

Closed on
Dec 27, 2022
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2022
Sold by
Bought by

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 9, 2022
Sold by
Bought by
Seller's Agent
John Hunter
John Hunter
Buyer's Agent
Karen Thompson
KTHOMES, LLC
List Price
$2,950,000
Sold Price
$2,825,000
Premium/Discount to List
-$125,000
-4.24%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$500 --
$500 --
$2,825,000 New Title Company Name
$875,360 First Colorado Title
-- --
$175,000 --
$175,000 --
-- --
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
06/09/2022 06/09/22 Sold $2,825,000 -4.2% $602 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $2,950,000 -- $628 / 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 $15,232 $172,890 $66,300 $106,590
2025 $15,232 $172,890 $66,300 $106,590
2024 $16,705 $158,907 $60,938 $97,969
2023 $16,402 $185,590 $65,325 $123,950
2022 $12,878 $134,640 $77,996 $56,644
2021 $12,561 $141,571 $82,011 $59,560
2020 $12,759 $146,576 $82,011 $64,565
2019 $12,563 $146,576 $82,011 $64,565
2018 $9,501 $109,584 $65,016 $44,568
2017 $9,204 $121,151 $71,879 $49,272
2016 $8,184 $94,541 $40,835 $53,706
2015 $7,750 $67,907 $28,895 $39,012
2014 $5,710 $67,907 $28,895 $39,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE963107

IRES MLS
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