See Home Value
$1,050,000
● House - Off Market

2875 Island Dr

Boulder, CO 80301
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,775 Ft²
$5,593
Est. Monthly
$83
HOA / Fees
2.84%
Cap Rate

About This Property

OPPORTUNITY KNOCKS at this centrally located North Boulder property! This 4-bedroom, 4-bath home has plenty of space with 2 living areas on the main floor and a fully finished basement. The main floor boasts vaulted ceilings and wood floors throughout with an abundance of natural light. In the kitchen you'll find a gas cooktop, granite island and plenty of counter space. Upstairs, enjoy views of the Flatirons from the primary suite where you'll find a large ensuite bathroom with soaking tub and an expansive walk-in closet. Have your morning coffee on your private balcony or open the doors at night to feel the fresh summer air. The basement features a large rec room, a spacious bedroom, and a 3/4 bath. Step outside to your private yard with mature landscaping-perfect for relaxing or entertaining. This home is located in a great neighborhood with access to beautiful trails just steps away for your outdoor adventures. Additionally, you'll love the convenience of being within walking distance to shops and restaurants, making everyday living a breeze. Don't miss this chance to add value to this well designed 2 story in Sale Lake. Property is being sold as is! Brokers, please see read broker notes!
Unit Size
2,775 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$360
Property Type
House
Property Taxes
$608
HOA Dues
$83
Year Built
1994

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (IRES MLS #1030051)

Price History

Date / Event Date Event Price
Apr 29, 2025 Sold
Sold
Apr 2, 2025 Listed $998,000
Listed
Nov 28, 2024 Price Decreased $998,000
↓ $52K (5%)
Price Decreased
Sep 5, 2024 Price Increased $1,050,000
↑ $52K (5.2%)
Price Increased
Jul 3, 2024 Listed $998,000
Listed
OPPORTUNITY KNOCKS at this centrally located North Boulder property! This 4-bedroom, 4-bath home has plenty of space with 2 living areas on the main floor and a fully finished basement. The main floor boasts vaulted ceilings and wood floors throughout with an abundance of natural light. In the kitchen you'll find a gas cooktop, granite island and plenty of counter space. Upstairs, enjoy views of the Flatirons from the primary suite where you'll find a large ensuite bathroom with soaking tub and an expansive walk-in closet. Have your morning coffee on your private balcony or open the doors at night to feel the fresh summer air. The basement features a large rec room, a spacious bedroom, and a 3/4 bath. Step outside to your private yard with mature landscaping-perfect for relaxing or entertaining. This home is located in a great neighborhood with access to beautiful trails just steps away for your outdoor adventures. Additionally, you'll love the convenience of being within walking distance to shops and restaurants, making everyday living a breeze. Don't miss this chance to add value to this well designed 2 story in Sale Lake.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 2
  • 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: 6
  • Basement Area: 1,300
  • Garage Type: 1
  • Garage Square Area: 502
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,874
  • Total Building Area: 4,252
  • Gross Building Area: 4,252
  • Building Area: 2,775
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,775
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SALE LAKE - BO
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 17 SALE LAKE & UND 1/25 INT OUTLOTS A & B

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012701

Geography

  • Assessors Map Reference: B12-K
  • Account Number: R0116513
  • Parcel: R0116513
  • Lot: 17
  • Meridian: SEC 20 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0403
  • Longitude: -105.257

    Address

  • Full Address: 2875 Island Dr
  • Address - House Number: 2875
  • Address - Street Name: Island
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: C018
  • 4-Digit Zip Code: 5922
  • Zip Code: 80301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $732,046
  • Tax Rate Code Area: 00-034

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 1,569,777
  • High Value: 1,834,118
  • Low Value: 1,305,436

    Market Valuation

  • Market Total Value: $1,474,900
  • Market Land Value: $486,600
  • Market Improvement Value: $988,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,776
  • Assessed Land Value: $32,918
  • Assessed Improvements Value: $66,858

    Sales

  • Current Sale Contract Date: Sep 18, 2006
  • Current Sale Recording Date: Sep 19, 2006
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2805763
  • Previous Sale Recording Date: Dec 12, 1994
  • Previous Sale Contract Date: Dec 12, 1994
  • Previous Sale Amount: $327,500
  • 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 Palo Park


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals


Frequently Asked Questions

When was property at 2875 Island Drive built and last sold?
The property at 2875 Island Drive was built in 1994 and last sold on Sep 18, 2006 for $715,000.
How much is this home worth?
The estimated value of the home located at 2875 Island Drive is $995,583.
What are some comparable homes to 2875 Island Drive?
There are currently no comparable homes to 2875 Island Drive.