NOT LISTED FOR SALE

Estimated Value: $456,085 - $476,000

2 Beds
1 Bath
660 Sq Ft
$704/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $485,000 $735 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,072/month

13 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Subterranean Parking
  • Flatirons Elementary School Rated A
  • Balcony
  • Double Pane Windows

About This Home

As of September 2022

INVESTOR'S DREAM - With an almost 5% cap rate, this gem right across from the CU campus is a fantastic investment property! Always rents in a flash as tenants can walk to campus, have a 1 car underground reserved parking, and a layout that allows for privacy. There's an additional 70 SF (not included in the 660 SF total) in a bonus loft space in the main level bedroom, perfect for a study space or a guest. Plus a spacious 110 SF balcony for residents to hang out on for coffee & relaxation. Unique 2nd floor, 2-level condo offers wood floors in living room & bedrooms, ceramic tile floors in kitchen & bathroom, soaring cathedral ceilings, granite counters in the kitchen, and in-unit washer & dryer. This condo has been well taken care of, and was freshly painted inside in 2021. University Terrace exterior is being painted August '22, and the special assessment has been paid-in-full by the current owner. This is a security building, and also has secure underground parking garage. Easy walk to The Hill for fun eateries and shops, RTD, or head up to Chautauqua for some awesome hiking!

Last Listed By

Terry Larson

RE/MAX of Boulder License #40041333 Listed on: 08/26/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1989

Lot Details

  • 44

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 660 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Window Treatments

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number R0108693

Community Details

Overview

  • Association fees include capital reserves, insurance, ground maintenance, maintenance structure, snow removal, trash
  • University Terrace Condominium Association, Phone Number (720) 773-7570
  • University Terrace Condos Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Park

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,639

Year Built

Built in 1989

Lot Details

0

HOA Fees

$298 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Levels: Two
  • Above Grade Price per Sq Ft: 734.85
  • Finished Price per Sq Ft: 734.85
  • Total Price per Sq Ft: 734.85
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 660.00
  • Annual Association Fee: 3579.60
  • HVAC Description: Central Air Conditioning
  • Living Area: 660.00
  • Restrictions Covenants: Yes
  • Upper Level Bedrooms: 1
  • Directions: Baseline to 19th. N on 19th to Aurora. Park in this area, and enter 935 Broadway from back security door labeled "201 - 208"
  • SubdivisionName: University Terrace Condos
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Room Count: 6
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Roof: Composition
  • Construction Materials: Stucco
  • Exterior Features: Balcony

Garage/Parking

  • Parking Features: Underground
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Capital Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
  • Annual Association Fees: 3579.60
  • Association Name: University Terrace Condominium
  • Association Fee Frequency: Monthly
  • Association Management Type: Professionally Managed
  • Association Amenities: Park
  • Association Fee: 298.30
  • Phone: 720-773-7570
  • Association: Yes

Schools

  • School District: Boulder Valley RE 2
  • Elementary School: Flatirons
  • Middle School: Manhattan
  • High School: Boulder
  • Middle Or Junior School: Manhattan

Lot Info

  • Parcel Number: R0108693
  • Building Area Total: 660.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2639.00

MLS Schools

  • Elementary School: Flatirons
  • High School: Boulder

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Schwartz Adam
Bought by
2024 Gift Trust and Schwartz
Total Days on Market
13
Current Estimated Value
$464,771

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 26, 2022
Sold by
Denucci Joseph A
Bought by
Terzian David P and Schwartz Adam
Seller's Agent
Terry Larson
RE/MAX of Boulder
Buyer's Agent
Rex Manz
RE/MAX of Boulder
List Price
$515,000
Sold Price
$485,000
Premium/Discount to List
-$30,000
-5.83%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.62%
Original Mortgage
$388,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2016
Closed on
Apr 8, 2016
Sold by
Djs Sagaponack Family Limited Partnershi
Bought by
Denucci Joseph A
Seller's Agent
Sandi Storck
Coldwell Banker Realty-Boulder
Buyer's Agent
Terry Larson
RE/MAX of Boulder, Inc
List Price
$309,500
Sold Price
$332,000
Premium/Discount to List
$22,500
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Schwartz Jane and Schwartz Brittany
Bought by
Djs Sagaponnack Family Limited Partnerhi

Purchase Details

Closed on
May 29, 2008
Sold by
Jackass Hill Llc
Bought by
Schwartz Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2006
Sold by
Tumbling River Holdings Lllp
Bought by
Jackass Hill Llc

Purchase Details

Closed on
Jul 7, 2004
Sold by
Monzio Lewis and Monzio Wendy J
Bought by
Cory Robert D and Cory Laura G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2001
Sold by
Perakis James
Bought by
Monzio Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.01%

Purchase Details

Closed on
Jun 2, 2000
Sold by
Nasin Joann V
Bought by
Perakis James

Purchase Details

Closed on
Jun 4, 1996
Sold by
Flick William F and Flick Jacqueline P
Bought by
Nasin Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
6.75%

Purchase Details

Closed on
Jun 14, 1993
Bought by
Denucci Joseph A

Range of Values:

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Average Value
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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
2024 Gift Trust -- None Listed On Document
Terzian David P $485,000 First American Title
Denucci Joseph A $332,000 Heritage Title Co
Djs Sagaponnack Family Limited Partnerhi -- None Available
Schwartz Jane $280,000 Land Title
Jackass Hill Llc $240,000 Security Title
Cory Robert D $230,000 --
Monzio Lewis $186,000 --
Perakis James $155,000 --
Nasin Joann $106,000 --
Denucci Joseph A $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terzian David P $388,000
Previous Owner Schwartz Jane $210,000
Previous Owner Cory Robert D $184,000
Previous Owner Monzio Lewis $136,000
Previous Owner Nasin Joann $74,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $485,000 0.0% $735 / Sq Ft
09/26/2022 09/26/22 Sold $485,000 -5.8% $735 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $515,000 0.0% $780 / Sq Ft
08/11/2022 08/11/22 For Sale $515,000 +55.1% $780 / Sq Ft
01/28/2019 01/28/19 Off Market $332,000 -- --
04/08/2016 04/08/16 Sold $332,000 +7.3% $503 / Sq Ft
03/14/2016 03/14/16 For Sale $309,500 -- $469 / Sq Ft
Source: REcolorado®

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
2024 $2,369 $26,562 -- $26,562
2023 $2,369 $26,562 -- $30,247
2022 $2,764 $28,954 $0 $28,954
2021 $2,639 $29,787 $0 $29,787
2020 $2,311 $26,548 $0 $26,548
2019 $2,276 $26,548 $0 $26,548
2018 $2,063 $23,789 $0 $23,789
2017 $1,998 $26,300 $0 $26,300
2016 $1,705 $19,701 $0 $19,701
2015 $1,615 $17,727 $0 $17,727
2014 $1,524 $17,727 $0 $17,727
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 7108303

REcolorado®

APN: 1463314-24-012