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Boulder 80304 Old North Boulder
2241 Edgewood Dr
$1,040,000
● House - Off Market

2241 Edgewood Dr

Boulder, CO 80304
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,606 Ft²
$5,674
Est. Monthly
3.15%
Cap Rate

About This Property

Beautifully updated urban oasis located centrally in the heart of Boulder! Remodeled ranch with lots of natural light and an open floor plan with great flow. Beautifully landscaped yard w/ fruit trees, raised garden beds w/ automated irrigation.  Renovated primary main suite off the back leading to the serene backyard w/ a beautiful back deck and a great large covered storage area.  Custom kitchen & bathrooms, hardwood floors, newly interior paint. Energy-efficient upgrades including a 98% efficient furnace, new central AC, tankless water heater & wall, attic and crawl space insulation. Walk to Pearl Street Mall, Ideal Market, Rayback & Boulder Junction. Goose Creek Bike Path nearby to get anywhere in Boulder!  Pride of Ownership!
Unit Size
1,606 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$660
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1957

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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 #1001807)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold
Premium
Sold
Jan 18, 2024 Listed by Live West Realty $1,060,000
Listed by Live West Realty
Aug 30, 2017 Sold
Premium
Sold
Jul 29, 2017 Listed by Live West Realty $740,000
Listed by Live West Realty
Jul 19, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,536
  • Total Building Area: 1,606
  • Gross Building Area: 1,606
  • Building Area: 1,606
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,606
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWOOD 2 - BO
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 3 BLK 9 EDGEWOOD 2

Neighborhood

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

Geography

  • Assessors Map Reference: B18-A
  • Account Number: R0003854
  • Parcel: R0003854
  • Block: 9
  • Lot: 3
  • Meridian: SEC 30 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0285
  • Longitude: -105.268

    Address

  • Full Address: 2241 Edgewood Dr
  • Address - House Number: 2241
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: C042
  • 4-Digit Zip Code: 2750
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $562,218
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.0686
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 96
  • Final Value: 1,033,456
  • High Value: 1,104,382
  • Low Value: 962,530

    Market Valuation

  • Market Total Value: $1,190,500
  • Market Land Value: $803,600
  • Market Improvement Value: $386,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,538
  • Assessed Land Value: $54,364
  • Assessed Improvements Value: $26,174

    Sales

  • Current Sale Contract Date: Aug 18, 2017
  • Current Sale Recording Date: Aug 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3612022
  • Previous Sale Recording Date: Jul 19, 2006
  • Previous Sale Contract Date: Jul 18, 2006
  • Previous Sale Amount: $347,500
  • 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 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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IRES

Listed by: Mary Siefert, Live West Realty
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1001807
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 2241 Edgewood Drive built and last sold?
The property at 2241 Edgewood Drive was built in 1957 and last sold on Aug 18, 2017 for $740,000.
How much is this home worth?
The estimated value of the home located at 2241 Edgewood Drive is $0.
What are some comparable homes to 2241 Edgewood Drive?
There are currently no comparable homes to 2241 Edgewood Drive.
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