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Boulder 80304 Rural North Boulder
1870 Violet Avenue
$645,000
● Land - Off Market

1870 Violet Avenue

Boulder, CO 80304
bedrooms
Studio
bathrooms
0 Bath
$706,669
RealtyHop Estimate
9.56%
Since Jul 1, 2021
CO-Denver
Primary Model

About This Property

THE LEAST EXPENSIVE LOT IN BOULDER ! 1/2 acre lot in N. Boulder! Build your dream home, or live in the compact 486 sq. ft. house, or rent it out for future appreciation!  Great location close to: NoBo Arts District dining & shopping, Wonderland Lake open space/hiking, bike paths/routes, N. Boulder rec center & minutes to center of Boulder. Very private, lot slopes to the S - quiet and good solar orientation - SW corner is in Four Mile Creek 100 yr. floodway. Connected to City water, on old septic, talk to City of Boulder about what's possible. Property sold 'as is.'
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$270
HOA Dues
-
Year Built
1950

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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 #RECIR902601)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
Jan 24, 2020 Listed by Luna Realty $645,000
Listed by Luna Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,839
  • Total Building Area: 486
  • Gross Building Area: 486
  • Building Area: 486
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 486
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TR, NBR 126 & 135
  • Land Acres: 0000000501
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: TRACT 2121-A 18-1N-70 BOOK 1227 PAGE 311 BCR

Neighborhood

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

Geography

  • Assessors Map Reference: B3-L
  • Account Number: R0080291
  • Subdivision Tract Number: 2121-A
  • Parcel: R0080291
  • Meridian: SEC 18 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0543
  • Longitude: -105.273

    Address

  • Full Address: 1870 Violet Ave
  • Address - House Number: 1870
  • Address - Street Name: Violet
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Boulder
  • Carrier Code: C046
  • 4-Digit Zip Code: 0606
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $400,280
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1498
  • Valuation Date: May 17, 2023
  • Confidence Score: 81
  • Final Value: 854,276
  • High Value: 982,289
  • Low Value: 726,262

    Market Valuation

  • Market Total Value: $858,900
  • Market Land Value: $773,010
  • Market Improvement Value: $85,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,104
  • Assessed Land Value: $52,294
  • Assessed Improvements Value: $5,810

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3897219
  • Previous Sale Recording Date: Jan 08, 1986
  • Previous Sale Contract Date: Jan 08, 1986
  • Previous Sale Document Type: 27
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

2127 ft²

Average Home Age

40 years

Currently For Sale

200 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

Unit for rent at 1240 Cedar Ave, CO, 80304

$1,642 /mo

  • 1 Bed
  • 1 Bath
1240 Cedar Ave, CO, 80304 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 1870 Violet Avenue built and last sold?
The property at 1870 Violet Avenue was built in 1950 and last sold on Jun 28, 2021 for $645,000.
How much is this home worth?
The estimated value of the home located at 1870 Violet Avenue is $0.
What are some comparable homes to 1870 Violet Avenue?
There are currently no comparable homes to 1870 Violet Avenue.
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