See Home Value
$1,500,000
● House - Off Market

2002 Baseline Rd

Boulder, CO 80302
bedrooms
7 Beds
bathrooms
2 Baths
square feet
2,837 Ft²
$8,143
Est. Monthly

About This Property

Introducing 2002 Baseline - an exceptional income property opportunity ideally situated just one block off campus, offering convenience and comfort for university students. All are leased through July 2024, with most leased through July 2025, providing a stable and lucrative rental income. THE CURRENT CAP RATE IS 5.6%! The seller has made significant investments to enhance the property's appeal, including a forthcoming balcony off the second floor and a new deck complete with a spiral staircase, offering a perfect setting for relaxation and enjoyment, not to mention outstanding views of the Flatirons.  Further upgrades include a new 50-gallon water heater, a new refrigerator, a new roof with Class 4 shingles, and new gutters, ensuring modern comfort and efficiency for the tenants and the property. A new egress window was added in the basement bedroom, new insulation in the attic, and some new windows further enhance the property's overall value.  This income property presents an incredible opportunity for investors seeking a turnkey investment with a proven track record of rental success. Don't miss out on owning this prime income-generating property that offers current stability and future potential.
Unit Size
2,837 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$546
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1950

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Last updated: 11 months ago (REcolorado MLS #4376866)

Price History

Date / Event Date Event Price
May 10, 2024 Sold
Sold
Mar 29, 2024 Listed by Compass - Denver $1,549,000
Listed by Compass - Denver
Nov 30, 2020 Sold
Sold
Sep 11, 2020 Listed by Compass - Denver $975,000
Listed by Compass - Denver
May 26, 2011 Sold
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 850
  • Garage Type: 1
  • Garage Square Area: 436
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,802
  • Total Building Area: 2,837
  • Gross Building Area: 2,837
  • Building Area: 2,401
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,401
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INTERURBAN PARK - BO
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 1 BLK 1 INTERURBAN PARK

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012505

Geography

  • Assessors Map Reference: B18-G
  • Account Number: R0005246
  • Parcel: R0005246
  • Block: 1
  • Lot: 1
  • Meridian: SEC 06 TWN 1S RNG 70
  • Municipality: BOULDER
  • Latitude: 39.9999
  • Longitude: -105.268

    Address

  • Full Address: 2002 Baseline Rd
  • Address - House Number: 2002
  • Address - Street Name: Baseline
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Boulder
  • Carrier Code: C011
  • 4-Digit Zip Code: 7705
  • Zip Code: 80302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $691,630
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1488
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 82
  • Final Value: 1,235,194
  • High Value: 1,419,057
  • Low Value: 1,051,331

    Market Valuation

  • Market Total Value: $1,273,500
  • Market Land Value: $773,100
  • Market Improvement Value: $500,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,152
  • Assessed Land Value: $52,300
  • Assessed Improvements Value: $33,852

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3837004
  • Previous Sale Recording Date: May 26, 2011
  • Previous Sale Contract Date: May 19, 2011
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Central Boulder


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Frequently Asked Questions

When was property at 2002 Baseline Road built and last sold?
The property at 2002 Baseline Road was built in 1950 and last sold on Nov 23, 2020 for $939,000.
How much is this home worth?
The estimated value of the home located at 2002 Baseline Road is $0.
What are some comparable homes to 2002 Baseline Road?
There are currently no comparable homes to 2002 Baseline Road.