NOT LISTED FOR SALE

980 University Ave Boulder, CO 80302

University Hill Neighborhood
8 Beds
3 Baths
2,643 Sq Ft
6,713 Sq Ft Lot

Last Sold June 14, 2018

Last sale price $1,390,000 $526 Per Sq Ft

29 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Corner Lot
  • Flatirons Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2018

Terrific Duplex Opportunity on the Hill With Tremendous Potential. Current Configuration Licensed for 6 Bedrooms, However Minor Modifications May Allow for Utilization of All 8 Existing Bedrooms With 4 Unrelated per Unit. Multiple Entrances, 6 Parking Spaces. Interesting Architectural Details & Built-Ins, New Windows, Wood Floors & Large Living Spaces. Large Covered Porch, Private Patio Areas & Large Yard. Fully Fire Sprinklered & Smart Regs Compliant. Zoning RMX-1.

Last Agent to Sell the Property

Michael-Ryan McCarty

Gibbons-White, Inc. Listed on: 05/16/2018

Last Buyer's Agent

Stan Lanzano

Eldorado Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,865

Year Built

  • Built in 1916

Lot Details

  • 6,713 Sq Ft Lot
  • North Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Wooded Lot

Parking

  • Alley Access

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,643 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0003860

Community Details

Overview

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

Building Details

  • Gross Income $80,400
  • Net Operating Income $73,927

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,865

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Year Built: 1916
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Subdivision Name: CAPITOL HILL - BO
  • Directions: From Broadway and University, to property at NW corner of 10th and University
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2643
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Total Bedrooms: 8
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Corner Lot, Wooded
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: North
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

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: RMX-1
  • Lot Size Sq Ft: 6713
  • Parcel #: R0003860
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4865

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 80400
  • 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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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $1,390,000 -- --
06/14/2018 06/14/18 Sold $1,390,000 +3.0% $526 / Sq Ft
05/16/2018 05/16/18 For Sale $1,350,000 -- $511 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael-Ryan McCarty

    Seller's Agent in 2018

    Michael-Ryan McCarty

    Gibbons-White, Inc.

    (303) 442-1040

    1 in this area

    21 Total Sales

    Michael-Ryan McCarty
    Section Image
  • Stan Lanzano

    Buyer's Agent in 2018

    Stan Lanzano

    Eldorado Real Estate

    (720) 525-9874

    3 in this area

    3 Total Sales

    Stan Lanzano
    Section Image
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Map

Source: IRES MLS

MLS Number: 850262

IRES MLS

APN: 1463-31-2-31-011

Colorado Boulder County Boulder 80302 University Hill

980 University Ave, Boulder, CO

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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