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Boulder 80304 Melody Heights
1385 Linden Avenue
$950,000
● House - Off Market

1385 Linden Avenue

Boulder, CO 80304
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,426 Ft²
$971,829
RealtyHop Estimate
2.30%
Since Dec 1, 2022
CO-Denver
Primary Model

About This Property

Charming North Boulder bungalow on a spacious lot in coveted Melody Heights. This south-facing, light-filled home features an open floor plan with 3 bedrooms up, hardwood floors throughout, and a cozy, wood-burning fireplace in the living room. Mature trees line this quiet neighborhood and compliment the large front and back yards. Great location within walking distance to three neighborhood parks and the Lucky's Market shopping center, close to the Ideal Market shopping areas, Pearl Street Mall, and miles of open space trails. A great starter home, investment property, or bring your creative ideas and build/renovate your dream home in this spectacular North Boulder location.
Unit Size
1,426 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$666
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #RECIR976647)

Price History

Date / Event Date Event Price
Nov 9, 2022 Sold
Premium
Sold
Oct 5, 2022 Listed by Hyphen Real Estate Group $950,000
Listed by Hyphen Real Estate Group
Sep 16, 2020 Sold
Premium
Sold
Feb 3, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 41
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 276
  • Garage Type: 1
  • Garage Square Area: 253
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,330
  • Total Building Area: 1,679
  • Gross Building Area: 1,679
  • Building Area: 1,426
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,426
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELODY HEIGHTS - BO
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 6 BLK 1 MELODY HEIGHTS

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012105

Geography

  • Assessors Map Reference: B11-M
  • Account Number: R0008597
  • Parcel: R0008597
  • Block: 1
  • Lot: 6
  • Meridian: SEC 19 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0414
  • Longitude: -105.28

    Address

  • Full Address: 1385 Linden Ave
  • Address - House Number: 1385
  • Address - Street Name: Linden
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Boulder
  • Carrier Code: C076
  • 4-Digit Zip Code: 1531
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $535,822
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 1,183,403
  • High Value: 1,379,698
  • Low Value: 987,107

    Market Valuation

  • Market Total Value: $1,099,200
  • Market Land Value: $554,400
  • Market Improvement Value: $544,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,361
  • Assessed Land Value: $37,505
  • Assessed Improvements Value: $36,856

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3988268
  • Previous Sale Recording Date: Sep 16, 2020
  • Previous Sale Contract Date: Sep 04, 2020
  • Previous Sale Amount: $685,000
  • Previous Sale Document Type: 71
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

$502

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2123 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 1385 Linden Avenue built and last sold?
The property at 1385 Linden Avenue was built in 1963 and last sold on Nov 7, 2022 for $950,000.
How much is this home worth?
The estimated value of the home located at 1385 Linden Avenue is $0.
What are some comparable homes to 1385 Linden Avenue?
There are currently no comparable homes to 1385 Linden Avenue.
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