$205,000
UNDER CONTRACT $30K PRICE DROP

350 Arapahoe Ave Unit 6 Boulder, CO 80302

University Hill Neighborhood

Estimated payment $1,723/month

Total Views 12,561
2 Beds
1.5 Baths
851 Sq Ft
$241 Price per Sq Ft

Highlights

  • Open Floorplan
  • Deck
  • Wood Flooring
  • Flatirons Elementary School Rated A
  • Cathedral Ceiling
  • 4-minute walk to Eben G. Fine Park

About This Home

Discover an exceptional investment opportunity at a competitive price point in the heart of Boulder. Ideal for a variety of uses - including an investment property, second homes or student housing - this residence marries affordability with the coveted Boulder lifestyle. The home offers two parking spaces, backs to serene open space, offering a tranquil setting paired with modern amenities. Hardwood floors grace the main level, which features a remodeled kitchen with sleek Corian counters, a cozy wood-burning fireplace and a convenient powder room. Upstairs, the primary bedroom boasts a private balcony overlooking open space, while a beautifully remodeled bathroom with a skylight adds charm. A finished attic with built-in shelves and another skylight provides versatile storage or creative space. This property's affordability is enhanced by a land lease making it an excellent option for buyers looking to maximize value. With Airbnb allowed, it offers exceptional income potential and lifestyle flexibility. It's also a great option for CU students facing limited housing availability. Financing options are cash or portfolio loan only. The property is situated on leased land with annual lease payments due each October. The lease amount adjusts annually based on the Consumer Price Index (CPI) and is reassessed every five years upon reappraisal. The October 2024 lease payment was $35,791.11. At closing, the prorated portion of this payment will be credited to the seller and debited to the buyer. The lease payment may qualify as "redeemable ground rent" for tax deduction purposes; buyers are encouraged to consult their accountant for guidance. HOA dues include water, trash, heating, exterior maintenance, and hazard insurance. Electric and gas are billed separately.

Listing Agent

Terri Gray

milehimodern - Boulder

milehimodern - Boulder

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $711

Year Built

  • Built in 1975

Lot Details

  • Open Space
  • North Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Land Lease

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
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Storage

Schools

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

Utilities

  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0065974

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, management, utilities, maintenance structure, water/sewer
  • Arapahoe West Condos Subdivision

Recreation

  • Hiking Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$711

Year Built

Built in 1975

Lot Details

0

HOA Fees

$520 per month

Parking

2

Listing Details

  • Year Built: 1975
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Subdivision Name: Arapahoe West Condos
  • Directions: From Broadway, head west on Arapahoe and turn left into the parking lot just past 4th Street. Continue straight to the southernmost parking area. Unit 6 is in the building adjacent to the open space.
  • Above Grade Finished Sq Ft: 851
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condo, Outside Entry
  • Kitchen Level: Main
  • Special Features: UnderContract
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan
  • Living Area: 851
  • Window Features: Skylight(s), Double Pane Windows
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom2 Area: 121
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: Upper
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 238
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 121
  • Room Master Bedroom Area: 144
  • Master Bathroom Features: Shared Primary Bath, 3/4 Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood
  • Lot Features: Abuts Public Open Space
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: North
  • Exterior Features: Balcony, Land Lease
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_GarageType: Off Street

Utilities

  • Electric: Electric, Xcel
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Other, Cable Available
  • Laundry Features: Main Level
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Boulder Water
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Management, Utilities, Maintenance Structure, Water/Sewer
  • Community Features: Hiking/Biking Trails
  • Senior Community: No
  • Association Fee: 520
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Flatirons
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: RES
  • Land Lease: Yes
  • Parcel #: R0065974
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 711

Multi Family

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $711 $8,228 -- $8,228
2023 $711 $8,228 -- $11,913
2022 $981 $10,564 $0 $10,564
2021 $935 $10,868 $0 $10,868
2020 $927 $10,654 $0 $10,654
2019 $913 $10,654 $0 $10,654
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
03/26/2025 03/26/25 Price Changed $205,000 -8.9% $241 / Sq Ft
02/15/2025 02/15/25 Price Changed $225,000 -4.3% $264 / Sq Ft
12/27/2024 12/27/24 For Sale $235,000 +14.6% $276 / Sq Ft
11/08/2022 11/08/22 Sold $205,000 0.0% $241 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $205,000 +36.8% $241 / Sq Ft
01/30/2019 01/30/19 Off Market $149,900 -- --
11/01/2017 11/01/17 Sold $149,900 +0.6% $176 / Sq Ft
10/04/2017 10/04/17 For Sale $149,000 -- $175 / Sq Ft
Source: IRES MLS

Deed History

Date Type Sale Price Title Company
Personal Reps Deed $200,000 None Available
Warranty Deed $149,900 Land Title Guarantee Co
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,788 Credit Line Revolving
Previous Owner $164,000 Unknown
Source: Public Records

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Source: IRES MLS

MLS Number: 1023681

IRES MLS

APN: 1461362-02-006

Colorado Boulder County Boulder 80302 University Hill

350 Arapahoe Ave Unit 6, Boulder, CO

Homes for Sale in Boulder, CO

This home is located at 350 Arapahoe Ave Unit 6, Boulder, CO 80302 and is currently priced at $205,000, approximately $240 per square foot. This property was built in 1975. 350 Arapahoe Ave Unit 6 is a home located in Boulder County with nearby schools including Flatirons Elementary School, Manhattan Middle School of the Arts & Academics, and Boulder High School.

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.

Terri Gray
Listing Agent
Terri Gray
Section Image
milehimodern - Boulder
(720) 637-4585