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Boulder 80303 Arapahoe Ridge
1434 Patton Dr
$890,000
● House - Off Market

1434 Patton Dr

Boulder, CO 80303
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,628 Ft²
$950,346
RealtyHop Estimate
2.30%
Since Dec 1, 2022
CO-Denver
Primary Model

About This Property

Opportunity awaits in this highly desirable neighborhood home of Greenwood Commons/Arapahoe Ridge.  Hardwood floors on  main/upper level.  Fireplace off the Living room. Extra office/den space too. Nice south facing sunroom.  Large backyard space.  Oversized garage.  Located adjacent to the HOA park and just a block from Eisenhower Elementary and Arapahoe Ridge/"Rock Park" this home with updating/remodel can be the perfect opportunity to live in a great area!  Neighboring homes selling for $1.5M.  Original floor plans available.  So many updating opportunities available.
Unit Size
2,628 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$354
Property Type
House
Property Taxes
$437
HOA Dues
$34
Year Built
1981

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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 (IRES MLS #972954)

Price History

Date / Event Date Event Price
Nov 29, 2022 Sold
Premium
Sold
Aug 9, 2022 Listed by 8z Real Estate $929,000
Listed by 8z Real Estate
Feb 1, 1984 Sold
Premium
Sold
Aug 13, 1979 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,184
  • Garage Type: 1
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,836
  • Total Building Area: 3,348
  • Gross Building Area: 3,348
  • Building Area: 2,628
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENWOOD COMMONS - BO
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 7 GREENWOOD COMMONS

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012603

Geography

  • Assessors Map Reference: B18-J
  • Account Number: R0083102
  • Parcel: R0083102
  • Lot: 7
  • Meridian: SEC 33 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0115
  • Longitude: -105.229

    Address

  • Full Address: 1434 Patton Dr
  • Address - House Number: 1434
  • Address - Street Name: Patton
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: C025
  • 4-Digit Zip Code: 1257
  • Zip Code: 80303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $549,820
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 1,349,023
  • High Value: 1,572,790
  • Low Value: 1,125,255

    Market Valuation

  • Market Total Value: $1,319,600
  • Market Land Value: $647,100
  • Market Improvement Value: $672,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,271
  • Assessed Land Value: $43,776
  • Assessed Improvements Value: $45,495

    Sales

  • Current Sale Contract Date: Nov 28, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3990336
  • Previous Sale Recording Date: Feb 01, 1984
  • Previous Sale Contract Date: Feb 01, 1984
  • Previous Sale Amount: $159,500
  • 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 East Boulder

Stats & Trends

Median Asking:

$635,000

Sale Price/ft²

$475

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1563 ft²

Average Home Age

45.3 years

Currently For Sale

123 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

Rentals Near You

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IRES

Listed by: Erik Boye, 8z Real Estate
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 972954
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. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 1434 Patton Drive built and last sold?
The property at 1434 Patton Drive was built in 1981 and last sold on Nov 28, 2022 for $890,000.
How much is this home worth?
The estimated value of the home located at 1434 Patton Drive is $0.
What are some comparable homes to 1434 Patton Drive?
There are currently no comparable homes to 1434 Patton Drive.
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