350 Arapahoe Ave Unit 10 Boulder, CO 80302
University Hill NeighborhoodEstimated payment $1,418/month
Total Views
8,950
2
Beds
1
Bath
851
Sq Ft
$176
Price per Sq Ft
Highlights
- Open Space
- Baseboard Heating
- Community Storage Space
- Flatirons Elementary School Rated A
- 2 Car Garage
- 4-minute walk to Eben G. Fine Park
About This Home
Prime Investment Opportunity in the Heart of Boulder. Discover an exceptional opportunity at a competitive price point, perfectly suited for investors, second-home buyers, or student housing. This versatile residence blends affordability with the sought-after Boulder lifestyle.Backing to serene open space, the home offers a peaceful setting with two dedicated parking spaces. The unit boasts hardwood floors, a bright updated kitchen, and a cozy wood-burning fireplace.A unique land lease structure makes this property especially appealing for buyers seeking to maximize value. Short-term rentals (Airbnb) are allowed, presenting significant income potential and lifestyle flexibility.Key Details:Financing: Cash or Portfolio LoanLand Lease: Annual Land Lease payment due each October. Current land lease $35,791.11 in 2024 and adjusted annually by CPI, with reappraisal every five years. Purchase option available after 2037.Tax Benefit Potential: Lease may qualify as "redeemable ground rent." Buyer is solely responsible for consulting with their accountant in this matter.HOA Dues Include: Water, trash, heating, exterior maintenance, and hazard insurance (electric/gas billed separately).Seize this rare chance to invest in Boulder's vibrant market while enjoying both value and versatility.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $725
Year Built
- Built in 1975
HOA Fees
- $520 Monthly HOA Fees
Parking
- 2 Car Garage
- Off-Street Parking
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 851 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Schools
- Flatirons Elementary School
- Manhattan Middle School
- Boulder High School
Additional Features
- Open Space
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number R0065978
Community Details
Overview
- Association fees include trash, management, maintenance structure, water/sewer, hazard insurance
- Flatirons Subdivision
Amenities
- Community Storage Space
Map
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Home Values in the Area
Average Home Value in this Area
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 | $725 | $7,524 | -- | $7,524 |
| 2023 | $725 | $7,524 | -- | $11,209 |
| 2022 | $998 | $9,939 | $0 | $9,939 |
| 2021 | $955 | $10,225 | $0 | $10,225 |
| 2020 | $871 | $10,010 | $0 | $10,010 |
| 2019 | $858 | $10,010 | $0 | $10,010 |
| 2018 | $768 | $8,856 | $0 | $8,856 |
| 2017 | $744 | $9,791 | $0 | $9,791 |
| 2016 | $269 | $3,104 | $0 | $3,104 |
| 2015 | $254 | $3,104 | $0 | $3,104 |
| 2014 | $267 | $3,104 | $0 | $3,104 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Price Changed | $150,000 | +25.0% | $176 / Sq Ft |
| 02/21/2025 02/21/25 | For Sale | $120,000 | -36.8% | $141 / Sq Ft |
| 07/23/2021 07/23/21 | Sold | $190,000 | 0.0% | $223 / Sq Ft |
| 07/10/2021 07/10/21 | Pending | -- | -- | -- |
| 06/16/2021 06/16/21 | For Sale | $190,000 | -- | $223 / Sq Ft |
Source: IRES MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | $115,000 | None Available | |
| Condominium Deed | -- | None Available | |
| Warranty Deed | $195,750 | American Liberty Title | |
| Warranty Deed | $165,000 | -- | |
| Deed | $104,500 | -- | |
| Warranty Deed | $84,900 | -- | |
| Warranty Deed | $46,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $156,600 | Purchase Money Mortgage | |
| Previous Owner | $90,400 | Unknown | |
| Previous Owner | $94,050 | No Value Available | |
| Previous Owner | $64,900 | FHA |
Source: Public Records
Similar Home in Boulder, CO
Source: IRES MLS
MLS Number: 1026862
APN: 1461362-02-010
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.
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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