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Boulder 80302 Whittier
2539 Spruce Street
$1,269,572
● House - Off Market

2539 Spruce Street

Boulder, CO 80302
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,394 Ft²
$1,466,446
RealtyHop Estimate
1.13%
Since Feb 1, 2022
CO-Denver
Primary Model

About This Property

LIVE AND OFFICE  or just LIVE in the heart of Boulder! Single family dwelling with zoning (RH-2) that will accommodate office users for 50% of the building or residential users ready for an urban setting on a large lot. This property was built in 1996 and could easily be remodeled into a fabulous home with lots of character. Enjoy the vaulted ceilings, meticulously cared for premises and the proximity to shops, restaurants and neighborhood parks. There is plentiful parking in the back of the property and a beautiful landscaped yard. Come visit.
Unit Size
2,394 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$606
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #RECIR952040)

Price History

Date / Event Date Event Price
Feb 3, 2022 Sold
Premium
Sold
Sep 28, 2021 Listed by The Colorado Group $1,450,000
Listed by The Colorado Group
Feb 4, 2003 Sold
Premium
Sold
Jan 4, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 6,987
  • Total Building Area: 2,811
  • Gross Building Area: 2,811
  • Building Area: 2,811
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 2,811
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: PINE STREET - BO
  • Land Acres: 0000000160
  • Standard Land Use Code: 2000
  • County Land Use Code: 2121
  • Legal Description 1: LOT 12 BLK 5 PINE STREET

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012206

Geography

  • Assessors Map Reference: B18-D
  • Account Number: R0000434
  • Parcel: R0000434
  • Block: 5
  • Lot: 12
  • Meridian: SEC 29 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0229
  • Longitude: -105.262

    Address

  • Full Address: 2539 Spruce St
  • Address - House Number: 2539
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: CO
  • City Name: Boulder
  • Carrier Code: C051
  • 4-Digit Zip Code: 3806
  • Zip Code: 80302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,799,392
  • Tax Rate Code Area: 00-010

    Market Valuation

  • Market Total Value: $1,832,880
  • Market Land Value: $864,800
  • Market Improvement Value: $968,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $511,373
  • Assessed Land Value: $241,279
  • Assessed Improvements Value: $270,094

    Sales

  • Current Sale Contract Date: Jan 27, 2022
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3943451
  • Previous Sale Recording Date: Feb 04, 2003
  • Previous Sale Contract Date: Jan 30, 2003
  • Previous Sale Amount: $685,000
  • 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

$724

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2054 ft²

Average Home Age

51.7 years

Currently For Sale

286 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 2539 Spruce Street built and last sold?
The property at 2539 Spruce Street was built in 1996 and last sold on Jan 27, 2022 for $1,269,572.
How much is this home worth?
The estimated value of the home located at 2539 Spruce Street is $0.
What are some comparable homes to 2539 Spruce Street?
There are currently no comparable homes to 2539 Spruce Street.
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