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Boulder 80304 Old North Boulder
2020 Balsam Dr
$1,300,000
● House - Off Market

2020 Balsam Dr

Boulder, CO 80304
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,592 Ft²
$1,770,278
RealtyHop Estimate
31.13%
Since Sep 1, 2020
CO-Denver
Primary Model

About This Property

PICTURE PERFECT AND LOCATED IN ONE OF BOULDER'S MOST DESIRABLE NEIGHBORHOODS! This 4BR, 2 BA brick ranch home is ready for the Buyer who wants main floor living plus access to the best that Boulder offers. TRULY MOVE-IN READY! Features include beautiful wood and tile floors, a fantastic remodeled kitchen plus fabulous master retreat with soaking tub and fireplace. Enjoy relaxing in your private, serene backyard or sitting outside on your flagstone patio and taking in the breathtaking mountain views.
Unit Size
1,592 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$848
Property Type
House
Property Taxes
$557
HOA Dues
-
Year Built
1952

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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: 2 years ago (REcolorado MLS #3408747)

Price History

Date / Event Date Event Price
Aug 31, 2020 Sold
Premium
Sold
May 23, 2020 Listed $1,350,000
Listed
Jul 5, 2012 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 23
  • 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: 1
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,989
  • Total Building Area: 1,904
  • Gross Building Area: 1,904
  • Building Area: 1,592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLCREST - BO
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 3 LESS STRIP ON W BLK 3 HILLCREST

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012107

Geography

  • Assessors Map Reference: B18-D
  • Account Number: R0000579
  • Parcel: R0000579
  • Block: 3
  • Lot: 3
  • Meridian: SEC 30 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0264
  • Longitude: -105.27

    Address

  • Full Address: 2020 Balsam Dr
  • Address - House Number: 2020
  • Address - Street Name: Balsam
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: C047
  • 4-Digit Zip Code: 3618
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $809,272
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1477
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 82
  • Final Value: 1,750,261
  • High Value: 2,008,793
  • Low Value: 1,491,730

    Market Valuation

  • Market Total Value: $1,699,800
  • Market Land Value: $975,700
  • Market Improvement Value: $724,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,991
  • Assessed Land Value: $66,006
  • Assessed Improvements Value: $48,985

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3811225
  • Previous Sale Recording Date: Jul 05, 2012
  • Previous Sale Contract Date: May 11, 2012
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: 61
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 Central Boulder

Stats & Trends

Median Asking:

$1,199,000

Sale Price/ft²

$719

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2046 ft²

Average Home Age

51.8 years

Currently For Sale

288 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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REcolorado

Listed by: Barbara Pozzi,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 3408747
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2020 Balsam Drive built and last sold?
The property at 2020 Balsam Drive was built in 1952 and last sold on Aug 28, 2020 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 2020 Balsam Drive is $0.
What are some comparable homes to 2020 Balsam Drive?
There are currently no comparable homes to 2020 Balsam Drive.
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