NOT LISTED FOR SALE

Estimated Value: $456,000 - $503,000

1 Bed
1 Bath
660 Sq Ft
$398/mo HOA Fee

Last Sold June 05, 2024

Last sale price $476,000 $721 Per Sq Ft

Current estimated payment $3,240/month

9 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • End Unit
  • Flatirons Elementary School Rated A
  • Vaulted Ceiling
  • Covered patio or porch

About This Home

As of June 2024

Prime Investment Opportunity: 2-Story Apartment in the PREMIER location of Boulder - Directly across from Campus!

Welcome to the epitome of Boulder living! This exceptional 2-story apartment, nestled within the popular University Terrace community, offers a unique blend of comfort, convenience, and investment potential. Boasting a spacious layout with 1 bedroom, 1 bathroom, and two versatile additional rooms upstairs, this apartment provides endless possibilities—a potential non-conforming 2nd bedroom, a functional home study office, or whatever else you can think of!

Positioned in the heart of Boulder, this property enjoys unparalleled convenience. Situated directly across from campus and just a short walk from University Hill, it's the ultimate location for students seeking both proximity to classes and the buzz of college life.

The thoughtfully designed living space is complete with modern amenities and panoramic views of the campus. The oversized covered deck, accessible from both the living room and bedroom, offers an ideal spot for unwinding or entertaining while soaking in the vibrant energy of campus life.

This apartment isn't just a lifestyle upgrade—it's a smart investment opportunity. Currently fetching over $2,200 per month in rent with an active lease through Summer 2025, it promises steady returns for savvy investors. Plus, with a dedicated parking space in the underground secured parking garage, in-unit washer/dryer, and a host of other desirable features, this property checks every box for discerning renters.

Don't miss your chance to own a piece of Boulder's most coveted real estate. Whether you're seeking a lucrative investment or one of the best places for your son or daughter to call home while studying at CU, this apartment offers the best of both worlds.

Schedule a viewing today and experience firsthand what makes the University Terrace consistently one of the most popular choices for students and investors alike.

Last Agent to Sell the Property

Adam Lang

LPT Realty Brokerage Email: Adam.lang@exprealty.com,970-618-3057 License #100098432 Listed on: 05/08/2024

LPT Realty

Last Buyer's Agent

Sean Stanley

Sigma Real Estate Corporation License #40041061

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 660 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Exclusions: NA
  • Assessor Parcel Number R0108703

Community Details

Overview

  • Association fees include reserves, insurance, ground maintenance, maintenance structure, security, snow removal, trash, water
  • Pmi Flatirons Group Association, Phone Number (720) 773-7570
  • Low-Rise Condominium
  • University Terrace Community
  • University Terrace Condos Subdivision
  • Community Parking

Amenities

  • Bike Room
  • Community Storage Space

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,405

Year Built

Built in 1989

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: Two
  • Building Name: University Terrace
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 660
  • Exclusions: NA
  • Living Area: 660
  • Pets Allowed: Breed Restrictions
  • Directions: If coming from the South: Go West on Baseline Road, Turn Right on 17th Street, Turn Right on Aurora Ave, and it will be 300' on the left. If coming from the North: Go West on 17th Street, Turn Left onto 18th Street, and it will be 250' on your right.
  • SubdivisionName: University Terrace Condos
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.93333
  • Attribution Contact: Adam.lang@exprealty.com,970-618-3057
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 1
  • Common Walls: End Unit
  • Basement: No
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Skylight(s)

Exterior Features

  • Direction Faces: East
  • Roof: Other
  • Construction Materials: Concrete, Frame, Stucco
  • Patio and Porch Features: Covered, Deck

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Security, Snow Removal, Trash, Water
  • Association Name: PMI Flatirons Group
  • Association Fee Frequency: Quarterly
  • Association Amenities: Bike Storage, Parking, Storage
  • Association Fee: 1194.62
  • Phone: 720-773-7570
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4778.48
  • REC_AssociationFeeTotalAnnual: 4778.48
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Manhattan

Lot Info

  • Parcel Number: R0108703
  • Fencing: None
  • Building Area Total: 660

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2405

MLS Schools

  • Elementary School: Flatirons
  • High School: Boulder

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 5, 2024
Sold by
Simon Shawn P
Bought by
Zavala-Allen Miguel and Stanley Jacqueline L
Seller's Agent
Adam Lang
LPT Realty
Buyer's Agent
Sean Stanley
Sigma Real Estate Corporation
List Price
$510,000
Sold Price
$476,000
Premium/Discount to List
-$34,000
-6.67%
Views
6
Current Estimated Value
$474,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,309
Avg. Annual Appreciation
-0.26%

Purchase Details

Closed on
Mar 4, 2021
Sold by
The Jamison Group Llc
Bought by
Simon Shawn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2012
Closed on
Aug 8, 2012
Sold by
Wendel Till and Wendel Patricia
Bought by
The Jamison Group Llc
Seller's Agent
Margaret Flaherty
WK Real Estate
Buyer's Agent
Jeff Palmer
HomeSmart
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Apr 4, 2006
Sold by
Alipit Jeffrey and Alipit Kristen
Bought by
Wendel Till

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2003
Sold by
Alipit Jeffrey A and Alipit Kristen M
Bought by
Alipit Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.83%

Purchase Details

Closed on
Oct 31, 2002
Sold by
Alipit John F
Bought by
Alipit Jeffrey A

Purchase Details

Closed on
Feb 25, 2000
Sold by
Alipit Jay and Alipit Jeff
Bought by
Alipit John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.31%

Purchase Details

Closed on
Sep 9, 1993
Sold by
Whitehead Paul N
Bought by
Alipit Josephine G

Purchase Details

Closed on
Sep 19, 1989
Bought by
Jamison Group Llc

Purchase Details

Closed on
Mar 10, 1989
Bought by
Jamison Group Llc
Source: Public Records

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Range of Values:

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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
Zavala-Allen Miguel $476,000 Land Title Guarantee
Simon Shawn P $422,500 Heritage Title Company
The Jamison Group Llc $210,000 Heritage Title
Wendel Till $217,000 Fahtco
Alipit Jeffrey -- First Colorado Title
Alipit Jeffrey A -- --
Alipit Jeffrey A -- --
Alipit John F -- --
Alipit Josephine G $85,000 --
Jamison Group Llc $65,600 --
Jamison Group Llc $349,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simon Shawn P $272,500
Previous Owner The Jamison Group Llc $500,000
Previous Owner Wendel Till $173,600
Previous Owner Alipit Jeffrey $150,000
Previous Owner Alipit John F $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $476,000 -6.7% $721 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $510,000 +142.9% $773 / Sq Ft
05/10/2021 05/10/21 Off Market $210,000 -- --
08/08/2012 08/08/12 Sold $210,000 -8.7% $318 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
02/04/2012 02/04/12 For Sale $230,000 -- $348 / 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
2025 $2,371 $28,931 -- $28,931
2024 $2,371 $28,931 -- $28,931
2023 $2,405 $26,980 -- $30,665
2022 $2,686 $29,482 $0 $29,482
2021 $2,686 $30,330 $0 $30,330
2020 $2,362 $27,134 $0 $27,134
2019 $2,326 $27,134 $0 $27,134
2018 $2,018 $23,270 $0 $23,270
2017 $1,954 $25,727 $0 $25,727
2016 $1,669 $19,279 $0 $19,279
2015 $1,580 $17,584 $0 $17,584
2014 $1,512 $17,584 $0 $17,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7340666

REcolorado®

APN: 1463314-24-022