NOT LISTED FOR SALE

952 Arapahoe Ave Unit 1-3 Boulder, CO 80302

University Hill Neighborhood
10 Beds
5 Baths
3,166 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: March 7, 2013

Last sale price $1,315,000 $415 Per Sq Ft

120 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Corner Lot
  • Flatirons Elementary School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Boulder Creek

About This Home

As of March 2013

Triplex in Premium Central Boulder location--near downtown, CU & Naropa campuses! EZ walk to downtown, buslines, parks, library & shopping! Two-3BR & One-4BR unit. All have been RENOVATED INSIDE & OUT. NEW roof, furnaces, some Appls & more! Unit 3 & garages newly constructed. Well maintained grounds w/ newer landscaping & irrig. sys. AMPLE OFF-STREET PARKING w/ 6 paved, open spaces +3 Garage spaces. Extra Storage avail. All units leased thru 8/2013 -never vacant! Bldg will be SmartRegs Compliant

Last Agent to Sell the Property

Duane Duggan

RE/MAX of Boulder, Inc Listed on: 10/08/2012

Co-Listed By

Tammy Milano

WK Real Estate License #991575

Last Buyer's Agent

Rick Satie

Keller Williams-Boulder

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,155

Year Built

  • Built in 1918

Lot Details

  • 12,118 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,166 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Window Treatments
  • Wood Flooring
  • Crawl Space
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • 5 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating System
  • High Speed Internet

Additional Features

  • Energy-Efficient Thermostat
  • Property is near bus stop

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0003035

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Reeks Subdivision

Amenities

  • Community Storage Space

Recreation

  • Park

Building Details

  • Gross Income $94,620
  • Net Operating Income $83,151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,155

Year Built

Built in 1918

Lot Details

0.28 Acres

Listing Details

  • Year Built: 1918
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.28
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: BOUL
  • Subdivision Name: Reeks
  • Directions: Broadway to Arapahoe Ave, West on Arapahoe to property on South side - corner of Lincoln and Arapahoe.
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3166
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, All Appliances
  • Accessibility Features: Level Lot, Level Drive, Near Bus, Main Floor Bath, Main Level Bedroom
  • Has Basement: Crawl Space
  • Total Bedrooms: 10
  • Entry Location: Outside Entry
  • Flooring: Wood Floors
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Cathedral/Vaulted Ceilings, Pantry, Outside Entry
  • Window Features: Window Coverings, Double Pane Windows, Storm Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Sidewalks, Lawn Sprinkler System, Corner Lot, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: East
  • Exterior Features: Lighting, Balcony
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Garage Door Opener

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel
  • Heating: Forced Air, Individual Heat Source
  • Utilities: Natural Gas Available, Electricity Available, Other
  • Laundry Features: Washer/Dryer Hookups
  • 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

  • Community Features: Park, Extra Storage
  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: RH-2
  • Lot Size Sq Ft: 12118
  • Parcel #: R0003035
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 5155

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 94620
  • Income Includes: ["Lease/Rents","Parking"]

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
Jan 29, 2021
Sold by
Ries Jordan M
Bought by

Purchase Details

Closed on
Feb 10, 2020
Sold by
Ries Equity Llc
Bought by
Ries Jordan M

Purchase Details

Closed on
Jun 9, 2014
Sold by
Ries Jordan M
Bought by
Ries Equity Llc

Purchase Details

Closed on
May 13, 2014
Sold by
Ries Maria
Bought by
Ries Michael

Purchase Details

Closed on
May 7, 2014
Sold by
Ries Michael
Bought by
Ries Jordan

Purchase Details

Listed on
Oct 8, 2012
Closed on
Mar 7, 2013
Sold by
952 Arapahoe Llc
Bought by
Ries Jordan
Seller's Agent
Duane Duggan
RE/MAX of Boulder, Inc
Buyer's Agent
Rick Satie
Keller Williams-Boulder
List Price
$1,449,000
Sold Price
$1,315,000
Premium/Discount to List
-$134,000
-9.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2011
Sold by
Spart Stephen and Sarbaugh Scott
Bought by
952 Arapahoe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Arapahoe Prop Llc
Bought by
Sparn Stephen

Purchase Details

Closed on
Jul 9, 2008
Sold by
Gitlin Edward E and Estate Of Sonia Navia Gitlin
Bought by
Arapahoe Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1980
Bought by
Ries Equity Llc

Purchase Details

Closed on
Jul 5, 1966
Bought by
Ries Equity Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
Ries Jordan M -- None Available
Ries Equity Llc -- None Available
Ries Michael -- None Available
Ries Jordan -- None Available
Ries Jordan $1,315,000 Land Title Guarantee Company
952 Arapahoe Llc $762,000 Land Title Guarantee Company
Sparn Stephen -- None Available
Arapahoe Prop Llc -- Land Title Guarantee Company
Arapahoe Prop Llc $543,000 Land Title Guarantee Company
Ries Equity Llc -- --
Ries Equity Llc -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $920,500
Previous Owner 952 Arapahoe Llc $760,000
Previous Owner Arapahoe Prop Llc $585,000
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
01/28/2019 01/28/19 Off Market $1,315,000 -- --
03/07/2013 03/07/13 Sold $1,315,000 -9.2% $415 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
10/08/2012 10/08/12 For Sale $1,449,000 -- $458 / 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 $13,431 $150,491 $87,373 $63,118
2025 $13,431 $150,491 $87,373 $63,118
2024 $12,332 $140,191 $77,305 $62,886
2023 $12,332 $140,191 $80,990 $62,886
2022 $10,886 $114,805 $67,232 $47,573
2021 $10,615 $120,713 $70,692 $50,021
2020 $9,299 $106,829 $62,420 $44,409
2019 $9,292 $106,829 $62,420 $44,409
2018 $8,354 $96,350 $41,472 $54,878
2017 $8,092 $106,521 $45,850 $60,671
2016 $7,370 $85,140 $34,069 $51,071
2015 $6,979 $66,538 $27,144 $39,394
2014 $5,595 $66,538 $27,144 $39,394
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE692767

IRES MLS
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