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Boulder 80304 Wonderland Lake
1070 Union Avenue
$915,000
● House - Off Market

1070 Union Avenue

Boulder, CO 80304
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,374 Ft²
$1,031,319
RealtyHop Estimate
11.49%
Since Jun 1, 2021
CO-Denver
Primary Model

About This Property

Back on the market at no fault of the house, your second chance has arrived. Hard to find property in Wonderland, tucked up against the foothills, steps from foothills trails, Wonderland Lake, community parks, Lucky's Market, various eateries. Perfectly nestled in peace and quiet, yet accessible to everything Boulder. A well-cared-for home, with hardwood floors, wood-burning stove and private floor plan, provides a comfortable residence. Work with the city on a new home design, tailored to your personal wants and desires. Land like this is rarely available anymore.
Unit Size
1,374 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$673
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1935

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (REcolorado MLS #RECIR931772)

Price History

Date / Event Date Event Price
May 24, 2021 Sold
Premium
Sold
Jan 21, 2021 Listed by Hinge, LLC $925,000
Listed by Hinge, LLC
Mar 15, 2019 Sold
Premium
Sold
Mar 28, 1989 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,004
  • Total Building Area: 1,458
  • Gross Building Area: 1,458
  • Building Area: 1,458
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,458
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHEETS 1 - BOV
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: NELY 60 X 117 FT LOT 4 BLK 1 SHEETS 1

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012104

Geography

  • Assessors Map Reference: B3-L
  • Account Number: R0033651
  • Parcel: R0033651
  • Block: 1
  • Lot: 4
  • Meridian: SEC 13 TWN 1N RNG 71
  • Municipality: BOULDER
  • Latitude: 40.0528
  • Longitude: -105.284

    Address

  • Full Address: 1070 Union Ave
  • Address - House Number: 1070
  • Address - Street Name: Union
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Boulder
  • Carrier Code: C082
  • 4-Digit Zip Code: 0712
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $516,258
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 1,196,591
  • High Value: 1,395,073
  • Low Value: 998,108

    Market Valuation

  • Market Total Value: $1,156,000
  • Market Land Value: $1,015,300
  • Market Improvement Value: $140,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,203
  • Assessed Land Value: $68,685
  • Assessed Improvements Value: $9,518

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3887580
  • Previous Sale Recording Date: Mar 15, 2019
  • Previous Sale Contract Date: Mar 13, 2019
  • Previous Sale Amount: $695,000
  • Previous Sale Document Type: 54
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Boulder

Stats & Trends

Median Asking:

$819,900

Sale Price/ft²

$500

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2124 ft²

Average Home Age

40 years

Currently For Sale

201 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 1070 Union Avenue built and last sold?
The property at 1070 Union Avenue was built in 1935 and last sold on May 19, 2021 for $915,000.
How much is this home worth?
The estimated value of the home located at 1070 Union Avenue is $0.
What are some comparable homes to 1070 Union Avenue?
There are currently no comparable homes to 1070 Union Avenue.
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