NOT LISTED FOR SALE

Estimated Value: $1,545,000 - $2,096,701

6 Beds
3 Baths
4,428 Sq Ft
$411/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $2,225,000 $502 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $10,243/month

33 Days on Market

Highlights

  • Spa
  • Deck
  • Wood Flooring
  • Flatirons Elementary School Rated A
  • Raised Ranch Architecture
  • 3-minute walk to Beach Park

About This Home

As of December 2023

CALLING ALL INVESTORS and those looking to own a beautiful piece of Boulder's history of your very own! Opportunity and amazing wealth building potential await in this LICENSED DUPLEX in Boulder's own charming and highly sought after University Place neighborhood. This charming and expansive bungalow built in 1909 has curb appeal and a quaint front porch which welcome you to take in the classic features which include: extensive hardwood floors, spacious rooms, charming wood burning fireplace with decorative tile and ornate mantel, pocket doors, tasteful ceiling trim detail, and beautiful wood trim. This home also has a FINISHED BASEMENT that is used as a LEGAL 3 BEDROOM RENTAL! Added bonus: off-street parking, skylights, Rinnai tankless water heater, fresh paint, a large backyard with deck and hot tub, and updated landscaping. The detached 228 sf. garage is converted into a heated studio and the 928 sf partially finished attic with 10 foot ceilings offers great expansion opportunities (both are included in the square footage). Only a few blocks from CHAUTAUQUA, the Flatirons, and miles of hiking trails. Minutes from downtown Boulder, the Pearl Street Mall, The Hill, and the University of Colorado. High rental demand: pre-leased through July 2024 at $144k annual gross income, and a 10-year occupancy track record. Rental licenses for both levels are in place through 2027. The entire property is registered as SmartRegs compliant. Lease summary available upon request. Don't miss your opportunity! (Some photos are virtually staged.)

Last Agent to Sell the Property

Cheryl Markel

The Markel Group LLC Listed on: 07/17/2023

Last Buyer's Agent

Cheryl Markel

The Markel Group LLC Listed on: 07/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,617

Year Built

  • Built in 1909

Lot Details

  • 6,751 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Sprinkler System

Home Design

  • Raised Ranch Architecture
  • Cottage
  • Dwelling with Rental
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 4,428 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Wood Frame Window
  • Family Room
  • Dining Room
  • Home Office
  • Recreation Room with Fireplace

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • Alley Access
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R0008712

Community Details

Overview

  • No Home Owners Association
  • University Place Subdivision

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,617

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Year Built: 1909
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: University Place
  • Architectural Style: Cottage/Bung, Raised Ranch
  • Garage Yn: No
  • Unit Levels: Raised Ranch
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Includes Rental Unit, Legal Conforming
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4428
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full, 90%+ Finished Basement, Daylight
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Family/Recreation Room Fireplace
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Study Area, Separate Dining Room
  • Window Features: Window Coverings, Wood Frames, Skylight(s)
  • Bedroom Features: Carpet
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Wood Floor
  • Master Bedroom Features: Wood Floor
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Carpet
  • Room Family Room Level: Main
  • Room Kitchen Features: Wood Floor
  • Family Room Features: Wood Floor
  • Living Room Features: Wood Floor
  • Dining Room Dining Room Level: Main
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Stone
  • Direction Faces: East
  • Exterior Features: Lighting, Hot Tub Included
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Parking Features: Alley Access
  • IRESDS_GarageType: Off Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Community Features: Hiking/Biking Trails
  • 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: RES
  • Lot Size Sq Ft: 6751
  • Parcel #: R0008712
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7617

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Dec 1, 2023
Sold by
Jones Matthew Carl
Bought by
Monticello Ventures-Hardees Llc
Seller's Agent
Cheryl Markel
The Markel Group LLC
Buyer's Agent
Cheryl Markel
The Markel Group LLC
List Price
$2,300,000
Sold Price
$2,225,000
Premium/Discount to List
-$75,000
-3.26%
Views
118
Current Estimated Value
$1,819,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$405,075
Avg. Annual Appreciation
-9.99%

Purchase Details

Closed on
Oct 29, 2010
Sold by
Norvig Gerda S
Bought by
Jones Matthew Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 1988
Bought by
Jones Matthew Carl

Purchase Details

Closed on
Jul 31, 1987
Bought by
Jones Matthew Carl

Purchase Details

Closed on
Dec 14, 1982
Bought by
Jones Matthew Carl
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Monticello Ventures-Hardees Llc $2,225,000 Land Title
Monticello Ventures-Hardees Llc $2,225,000 Land Title
Jones Matthew Carl $595,000 Heritage Title
Jones Matthew Carl $184,500 --
Jones Matthew Carl $140,000 --
Jones Matthew Carl $109,200 --
Jones Matthew Carl $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Matthew Carl $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $2,225,000 -3.3% $502 / Sq Ft
07/17/2023 07/17/23 For Sale $2,300,000 -- $519 / 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
2025 $8,598 $94,894 $57,263 $37,631
2024 $8,598 $94,894 $57,263 $37,631
2023 $8,444 $96,038 $58,344 $41,379
2022 $7,617 $80,411 $47,802 $32,609
2021 $7,271 $82,726 $49,178 $33,548
2020 $6,829 $78,451 $40,970 $37,481
2019 $6,724 $78,451 $40,970 $37,481
2018 $6,048 $69,761 $36,648 $33,113
2017 $5,859 $77,124 $40,516 $36,608
2016 $5,418 $62,589 $33,591 $28,998
2015 $5,131 $51,206 $25,233 $25,973
2014 $4,305 $51,206 $25,233 $25,973
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 992366

IRES MLS

APN: 1463313-12-020