NOT LISTED FOR SALE

Estimated Value: $1,612,749 - $1,817,000

12 Beds
4 Baths
3,118 Sq Ft
$554/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $1,670,000 $536 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,203/month

137 Days on Market

Highlights

  • Deck
  • Property is near a park
  • No HOA
  • Flatirons Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Beach Park

About This Home

As of April 2024

Nicely kept, huge student rental with an additional 1 bedroom cottage on University Hill. Tremendous rental history and comes with pre-lease commitment for 2024-2025 at $9050/month. A welcoming front porch on a serene street overlooking Beach Park on Euclid greets your arrival. This 6 bedroom home features two living areas, 2 off street parking spots and has a 1-bedroom cottage for additional rental income. Ideal location directly across the street from Beach Park & 2 blocks from campus. Tenants will love the spacious rooms, bamboo floors and generous closet space. Large fenced in back yard is perfect for outdoor entertaining. Currently leased until August at $7875. The back cottage is currently occupied by the seller and could potentially be rented for $2500. New furnace. Separate laundry room with small back porch/ side yard for renters. Amazing mixed used potential. 5 minute walk to west campus, Hill entertainment, bus lines. Easy access to hiking in Chautauqua or exit to Denver. Conventional lending is possible.

Last Listed By

The Bernardi Group

Coldwell Banker Realty-Boulder Listed on: 12/15/2023

Coldwell Banker Realty-Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,752

Year Built

  • Built in 1919

Lot Details

  • 4,961 Sq Ft Lot
  • Fenced

Home Design

  • Cottage
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 3,118 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Window Treatments
  • Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a park

Schools

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

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0008019

Community Details

Overview

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

Building Details

  • Gross Income $123,900
  • Net Operating Income $114,056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,752

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Year Built: 1919
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: University Place
  • Architectural Style: Cottage/Bung
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, All Appliances
  • Has Basement: Full, Partially Finished, Walk-Out Access, Daylight
  • Total Bedrooms: 12
  • Flooring: Wood Floors
  • Interior Amenities: Separate Dining Room
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Sidewalks, Abuts Park
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Exterior Features: Balcony
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas

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: 4961
  • Parcel #: R0008019
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6751.58

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 123900
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 9843.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Apr 30, 2024
Sold by
Walker Alison M
Bought by
Kantor Casey
Seller's Agent
The Bernardi Group
Coldwell Banker Realty-Boulder
Buyer's Agent
Mimi Martin
List Price
$2,075,000
Sold Price
$1,670,000
Premium/Discount to List
-$405,000
-19.52%
Total Days on Market
137
Views
44
Current Estimated Value
$1,725,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,937
Avg. Annual Appreciation
3.32%
Original Mortgage
$1,252,500
Outstanding Balance
$1,240,576
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$485,361

Purchase Details

Closed on
Mar 6, 2001
Sold by
Dixon Jane Walker and Dixon Dan R
Bought by
Walker Alison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,700
Interest Rate
7.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 1, 2001
Sold by
Dixon Jane Ann and Dixon Dan
Bought by
Walker Alison M

Purchase Details

Closed on
Nov 29, 1993
Sold by
Johnke Matthew B
Bought by
Dixon Jane Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,437
Interest Rate
6.71%

Purchase Details

Closed on
Jul 8, 1993
Bought by
Walker Alison M

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
Kantor Casey $1,670,000 Land Title
Walker Alison M -- --
Walker Alison M -- --
Dixon Jane Walker $272,500 --
Walker Alison M $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kantor Casey $1,252,500
Previous Owner Walker Alison M $114,750
Previous Owner Walker Alison M $612,000
Previous Owner Walker Alison M $381,000
Previous Owner Walker Alison M $336,700
Previous Owner Dixon Jane Walker $238,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $1,670,000 -10.7% $536 / Sq Ft
01/26/2024 01/26/24 Price Changed $1,870,000 -5.1% $600 / Sq Ft
01/07/2024 01/07/24 Price Changed $1,970,000 -5.1% $632 / Sq Ft
12/15/2023 12/15/23 For Sale $2,075,000 -- $665 / Sq Ft
Source: IRES MLS

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 $7,603 $86,303 $51,845 $34,458
2023 $7,603 $86,303 $55,530 $34,458
2022 $6,902 $72,704 $45,502 $27,202
2021 $6,588 $74,796 $46,811 $27,985
2020 $6,191 $71,122 $38,968 $32,154
2019 $6,096 $71,122 $38,968 $32,154
2018 $5,663 $65,319 $34,920 $30,399
2017 $5,486 $72,213 $38,606 $33,607
2016 $4,776 $55,171 $31,999 $23,172
2015 $4,522 $46,510 $22,925 $23,585
2014 $3,911 $46,510 $22,925 $23,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1000656

IRES MLS

APN: 1463313-16-003