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Boulder 80301
2187 Mead Drive
$961,254
● House - Off Market

2187 Mead Drive

Boulder, CO 80301
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,204 Ft²
$848,626
RealtyHop Estimate
-5.60%
Since Apr 1, 2022
CO-Denver
Primary Model

About This Property

Charming home on very quiet cul-de-sac in community adjacent to acres of open space. Walking trails, horse trails and lake are very close by. Lafayette shopping is minutes away, downtown Boulder is a 15 minute drive and DIA is a 45 minute drive. This comfortable home is filled with light and offers beautiful views of the mountains. Permitted well on the property. The large lot provides a lot of opportunity to do what you like in unincorporated Boulder County.
Unit Size
2,204 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$408
Property Type
House
Property Taxes
$364
HOA Dues
$17
Year Built
1972

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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 #RECIR959020)

Price History

Date / Event Date Event Price
Mar 24, 2022 Sold
Premium
Sold
Feb 14, 2022 Listed by Shepard Company, LLC $899,000
Listed by Shepard Company, LLC
Aug 7, 1981 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 4
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • 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: 7
  • Basement Area: 400
  • Garage Type: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,214
  • Total Building Area: 2,204
  • Gross Building Area: 2,204
  • Building Area: 1,804
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,804
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK LAKE - BOV
  • Land Acres: 0000000694
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 11 BLK 3 PARK LAKE

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012707

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: B20-E
  • Account Number: R0035451
  • Parcel: R0035451
  • Block: 3
  • Lot: 11
  • Meridian: SEC 29 TWN 1N RNG 69
  • Municipality: BOULDER
  • Latitude: 40.0207
  • Longitude: -105.142

    Address

  • Full Address: 2187 Mead Dr
  • Address - House Number: 2187
  • Address - Street Name: Mead
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: R002
  • 4-Digit Zip Code: 5110
  • Zip Code: 80301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $456,938
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 00-255

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: May 17, 2023
  • Confidence Score: 80
  • Final Value: 1,182,222
  • High Value: 1,369,468
  • Low Value: 994,975

    Market Valuation

  • Market Total Value: $1,129,700
  • Market Land Value: $394,100
  • Market Improvement Value: $735,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,424
  • Assessed Land Value: $26,661
  • Assessed Improvements Value: $49,763

    Sales

  • Current Sale Contract Date: Mar 23, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3952687
  • Previous Sale Recording Date: Aug 07, 1981
  • Previous Sale Contract Date: Aug 07, 1981
  • Previous Sale Amount: $109,700
  • 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 Boulder

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$376

Above Asking

0.00%

Average Days on Market

55

Average Home Size

2327 ft²

Average Home Age

37.8 years

Currently For Sale

2317 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 2187 Mead Drive built and last sold?
The property at 2187 Mead Drive was built in 1972 and last sold on Mar 23, 2022 for $961,254.
How much is this home worth?
The estimated value of the home located at 2187 Mead Drive is $0.
What are some comparable homes to 2187 Mead Drive?
There are currently no comparable homes to 2187 Mead Drive.
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