NOT LISTED FOR SALE

Estimated Value: $1,916,000

5 Beds
3 Baths
2,273 Sq Ft
$843/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2023

Last sale price $1,350,000 $594 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,115 / mo

51 Days on Market

Highlights

  • Carriage House
  • No HOA
  • Forced Air Heating System
  • Flatirons Elementary School Rated A
  • Brick Veneer
  • Dining Room

About This Home

As of August 2023

An unparalleled opportunity for investment and development awaits in this fully leased CU student rental in Uni Hill, leased to July 30, 2024. Offering two legal structures with current rental licenses on a spacious 6,770-square-foot lot, endless possibilities are presented to renovate, remodel or redesign a personalized vision. The main home offers an updated, two-story floorplan with four bedrooms and two bathrooms. Situated on the north portion of the lot, a carriage house offers one bedroom complemented by a 3/4 bath and a small kitchen area with a gas range oven and a designated alley parking space. Substantial recent upgrades to the main home include a newer forced air gas furnace, Romex-style wiring, newer windows and a new front entry staircase and sidewalk. Outside, a backyard presents ample space for designing an outdoor oasis. An ideal location offers close proximity to Flatirons Elementary School, nature trails, CU campus, downtown Boulder and more. Excellent location provides consistent rent.

Last Agent to Sell the Property

John McElveen

milehimodern - Boulder License #684465 Listed on: 05/24/2023

Last Buyer's Agent

Andrew Hawk

Folsom & Co. Real Estate License #100035256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,303

Year Built

  • Built in 1903

Lot Details

  • 6,770 Sq Ft Lot
  • South Facing Home
  • Southern Exposure
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Carriage House
  • Victorian Architecture
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,273 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

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, water, sewer
  • Assessor Parcel Number R0005281

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Capitol Hill Subdivision

Building Details

  • Gross Income $72,360
  • Net Operating Income $62,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,303

Year Built

Built in 1903

Lot Details

6,770 Sq Ft Lot

Listing Details

  • Year Built: 1903
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Concrete
  • Subdivision Name: Capitol Hill
  • Architectural Style: Victorian
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2273
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Accessibility Features: Level Lot
  • Has Basement: Partial
  • Total Bedrooms: 5
  • Interior Amenities: Separate Dining Room
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Fenced
  • Lot Features: Curbs, Gutters, Sidewalks
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: South
  • Other Structures: Carriage House
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • 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: RMX-1
  • Lot Size Sq Ft: 6770
  • Parcel #: R0005281
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7303

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 72360
  • Income Includes: ["Lease/Rents"]

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/24/2023 08/24/23 Sold $1,350,000 -18.2% $594 / Sq Ft
05/24/2023 05/24/23 For Sale $1,650,000 -- $726 / 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
2025 -- $91,800 $64,260 $27,540
2024 $9,310 $84,376 $59,063 $25,313
2023 $9,310 $107,803 $70,008 $41,480
2022 $7,487 $78,200 $57,576 $20,624
2021 $7,303 $82,225 $60,539 $21,686
2020 $5,813 $66,782 $46,118 $20,664
2019 $5,724 $66,782 $46,118 $20,664
2018 $5,176 $59,702 $34,416 $25,286
2017 $5,014 $66,005 $38,049 $27,956
2016 $4,823 $55,720 $27,303 $28,417
2015 $4,567 $48,787 $22,129 $26,658
2014 $4,102 $48,787 $22,129 $26,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE988444

IRES MLS

APN: 1463312-31-016

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