NOT LISTED FOR SALE

Estimated Value: $624,000 - $660,000

3 Beds
2 Baths
1,894 Sq Ft
$342/Sq Ft Est. Value

Last Sold December 05, 2024

Last sale price $660,000 $348 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,847/month

15 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Victorian Architecture
  • Casey Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of December 2024

ENTERED LISTING AS A COMP. Turn key opportunity to own this 1870's historic Gold Hill home that includes 2 residences situated on 3 lots in the heart of Gold Hill. Incredible potential for the investor owner or owner occupant who wants to live on one side and rent the other side for extra income. Considered one of Gold Hill's landmark properties this home has been well-loved through time preserving all of its charming details. The western unit is a 2 bed /1 bath, approx. 936 SF with newly refinished wood floors & cabinetry and all new interior paint. The eastern unit offers a 1 bed /1 bath, approx. 650 SF with all new interior paint, new carpet and newly refinished cabinetry. Both units feature tall ceilings, abundant natural light and are overflowing with character offering separate electric and propane meters for simple management. The property was updated with a metal roof (2000) and offers several decks to enjoy the huge and luscious yard filled with some of Gold Hill's oldest trees and includes several sunny garden spaces. Convenient off-street parking plus 2 sheds + an unfinished basement provide ample extra storage. Located just a block away from the famous Gold Hill Inn and the Gold Hill General Store & Pub offering unique dining and music opportunities just a short walk from your front door. Boulder is a quick & wonderfully scenic commute about 12 miles away and there is even a public transportation option available through The Climb. Enjoy small town living in this charming mountain town with endless nearby trails waiting for you to explore.

Last Listed By

Catherine Camp

RE/MAX Alliance-Nederland Listed on: 10/21/2024

RE/MAX Alliance-Nederland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 1878

Lot Details

  • 0.42 Acre Lot
  • Dirt Road
  • Southern Exposure
  • Partially Fenced Property
  • Level Lot
  • Wooded Lot

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,894 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Skylights
  • Free Standing Fireplace
  • Double Pane Windows
  • Window Treatments
  • French Doors
  • Dining Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

  • Gold Hill Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0024989

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Gold Hill Subdivision

Building Details

  • Gross Income $40,800
  • Net Operating Income $34,799

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,911

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Year Built: 1878
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.42
  • Road Surface Type: Dirt
  • Subdivision Name: Gold Hill
  • Architectural Style: Victorian
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: 2 or more H20 Heaters, Electric Range/Oven, Gas Range/Oven, Refrigerator, Washer, Dryer
  • Has Basement: Unfinished
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Free Standing, Single Fireplace
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Separate Dining Room, Pantry, 9ft+ Ceilings
  • Window Features: Window Coverings, Skylight(s), Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: Partial
  • Lot Features: Wooded, Level
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: Baseboard, Wood Stove, 2 or more Heat Sources, Wall Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: Well, Domestic Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: H
  • Lot Size Sq Ft: 18352
  • Parcel #: R0024989
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2911

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40800
  • Annual Operating Expense: 6001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Dec 5, 2024
Sold by
Davis Derek S and Inskeep Kathryn I
Bought by
Brynestad Barrett L and Brynestad Sarah J
Seller's Agent
Catherine Camp
RE/MAX Alliance-Nederland
Buyer's Agent
Catherine Camp
RE/MAX Alliance-Nederland
List Price
$660,000
Sold Price
$660,000
Total Days on Market
15
Current Estimated Value
$647,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,000
Avg. Annual Appreciation
-5.10%
Original Mortgage
$550,000
Outstanding Balance
$547,340
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$99,660

Purchase Details

Closed on
Jul 19, 2018
Sold by
The Derek S Davis Living Trust
Bought by
Davis Derek S

Purchase Details

Closed on
Feb 28, 2000
Sold by
Jackson Dorothy M
Bought by
The Derek S Davis Living Trust

Purchase Details

Closed on
Dec 10, 1999
Sold by
Rosenthal Kimberly
Bought by
Jackson Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.86%

Purchase Details

Closed on
Nov 29, 1984
Bought by
Derek S Davis Living Trust

Range of Values:

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Average Value
Not Available
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
Brynestad Barrett L $660,000 Land Title Guarantee
Brynestad Barrett L $660,000 Land Title Guarantee
Davis Derek S -- None Available
The Derek S Davis Living Trust $255,000 --
Jackson Susan E $235,000 --
Derek S Davis Living Trust $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brynestad Barrett L $550,000
Previous Owner Jackson Susan E $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $660,000 0.0% $348 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $660,000 -- $348 / 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 $2,911 $33,929 -- $33,929
2023 $2,911 $33,929 $2,821 $34,793
2022 $2,964 $32,109 $1,995 $30,114
2021 $2,604 $33,033 $2,052 $30,981
2020 $2,066 $25,884 $4,362 $21,522
2019 $2,031 $25,884 $4,362 $21,522
2018 $1,830 $22,961 $4,392 $18,569
2017 $1,773 $25,385 $4,856 $20,529
2016 $1,957 $24,541 $4,458 $20,083
2015 $1,844 $22,089 $3,343 $18,746
2014 $1,714 $22,089 $3,343 $18,746
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1023152

IRES MLS

APN: 1459110-05-003