$850,000
SOLD OCT 8, 2024

821 E Cleveland St Lafayette, CO 80026

8 Beds
4 Baths
2,880 Sq Ft
0.31 Acres

Recently Sold

$295 Per Sq Ft

8% Below List Price

60 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Simpson Mine Park
  • Angevine Middle School Rated A-

About This Home

As of October 2024

Discover this charming 4-plex investment property, now available for sale in the heart of Old Town Lafayette! Nestled in a prime location, this property offers the perfect blend of convenience and charm. Residents will enjoy on-site parking, easy access to nearby bike trails, and beautiful parks just a stone's throw away. Each unit is thoughtfully designed to provide comfort and style, making it an ideal choice for investors or those seeking a welcoming community atmosphere.

Last Agent to Sell the Property

Wade Arnold

The Colorado Group

The Colorado Group

Co-Listed By

Scott Crabtree

The Colorado Group

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Lafayette Elementary School
  • Angevine Middle School
  • Centaurus High School

Additional Features

  • 0.31 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R0020975

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Marles Park La Subdivision

Building Details

  • Gross Income $81,600
  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.31
  • Co List Office Mls Id: COLO
  • Subdivision Name: MARLES PARK - LA
  • Unit Levels: Bi-Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Has Basement: None
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, City of Lafayette
  • Gas Company: Natural Gas

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: Lafayette
  • HighSchool: Centaurus
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Angevine

Lot Info

  • Zoning: OTR
  • Lot Size Sq Ft: 13632
  • Parcel #: R0020975
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 81600
  • Annual Operating Expense: 20400

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

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $850,000 -8.1% $295 / Sq Ft
08/09/2024 08/09/24 For Sale $925,000 -- $321 / Sq Ft
Source: IRES MLS

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 -- $21,026 $8,329 $12,697
2023 $0 $21,026 $8,329 $12,697
2022 $0 $21,810 $8,640 $13,170
2021 $0 $22,438 $8,889 $13,549
2020 $0 $22,438 $8,889 $13,549
2019 $0 $22,438 $8,889 $13,549
2018 $0 $22,595 $8,951 $13,644
2017 $0 $24,979 $9,895 $15,084
2016 $0 $24,979 $9,895 $15,084
2014 -- $23,044 $7,960 $15,084
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $689,520 New Conventional
Previous Owner $165,000 FHA
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $850,000 Land Title Guarantee
Warranty Deed $159,900 Commonwealth Land Title
Deed $143,000 --
Source: Public Records

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Source: IRES MLS

MLS Number: 1016289

IRES MLS

APN: 1575021-03-012

Colorado Boulder County Lafayette 80026

821 E Cleveland St, Lafayette, CO

Homes for Sale in Lafayette, CO

This home is located at 821 E Cleveland St, Lafayette, CO 80026 and is currently priced at $850,000, approximately $295 per square foot. This property was built in 1972. 821 E Cleveland St is a home located in Boulder County with nearby schools including Alicia Sanchez International Elementary School, Angevine Middle School, and Centaurus 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.