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Boulder 80466
29 Silver Spruce
$540,000
● House - Off Market

29 Silver Spruce

Boulder, CO 80302
bedrooms
2 Beds
bathrooms
0 Bath
square feet
682 Ft²
$2,997
Est. Monthly
$110
HOA / Fees
3.13%
Cap Rate

About This Property

This is your peaceful stream-side mountain haven just minutes from Boulder! This sunny, updated, 2 bed, 1 bath cottage in the pleasant Silver Spruce community has abundant windows drenching every room in natural light, hardwood and luxury flooring throughout, fully updated kitchen, bathroom, and appliances, meticulous landscaping, and spacious storage sheds. Perfectly located for access to everything Boulder Canyon and surrounds has to offer - everything is right out your door for hikers, bikers, skiers, climbers, and fishers - including creek access directly from the community. This property is the ultimate in mountain living!
Unit Size
682 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$792
Property Type
House
Property Taxes
$235
HOA Dues
$110
Year Built
1946

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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: 2 years ago (IRES MLS #1034850)

Price History

Date / Event Date Event Price
Aug 29, 2025 Sold
Premium
Sold
Jul 27, 2025 Price Decreased $540,000
↓ $25K (4.4%)
Price Decreased
Jul 17, 2025 Price Decreased $565,000
↓ $30K (5%)
Price Decreased
May 23, 2025 Listed by Michael M Lane $595,000
Listed by Michael M Lane
Aug 17, 2016 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 16
  • Interior Walls Type: 18
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,484
  • Total Building Area: 682
  • Gross Building Area: 682
  • Building Area: 682
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 682
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER SPRUCE - MT
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 10 & TRI ON S SILVER SPRUCE

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 013706

Zoning

  • Zoning: F

Geography

  • Assessors Map Reference: B36-A
  • Account Number: R0024098
  • Parcel: R0024098
  • Lot: 10
  • Meridian: SEC 33 TWN 1N RNG 71
  • Municipality: MOUNTAIN
  • Latitude: 40.0053
  • Longitude: -105.348

    Address

  • Full Address: 29 Silver Spruce
  • Address - House Number: 29
  • Address - Street Name: Silver Spruce
  • State: CO
  • City Name: Boulder
  • Carrier Code: H067
  • 4-Digit Zip Code: 9604
  • Zip Code: 80302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $240,490
  • Tax Rate Code Area: 00-188

    Appraisal Valuation

  • Standard Deviation: 0.1514
  • Valuation Date: May 17, 2023
  • Confidence Score: 81
  • Final Value: 607,975
  • High Value: 700,049
  • Low Value: 515,901

    Market Valuation

  • Market Total Value: $569,300
  • Market Land Value: $52,000
  • Market Improvement Value: $517,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,513
  • Assessed Land Value: $3,518
  • Assessed Improvements Value: $34,995

    Sales

  • Current Sale Contract Date: Aug 17, 2016
  • Current Sale Recording Date: Aug 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3537538
  • Previous Sale Recording Date: Oct 03, 2006
  • Previous Sale Contract Date: Sep 29, 2006
  • Previous Sale Amount: $220,000
  • 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 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

Rentals Near You

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IRES

Listed by: Michael Lane, Michael M Lane
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1034850
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 29 Silver Spruce built and last sold?
The property at 29 Silver Spruce was built in 1946 and last sold on Aug 17, 2016 for $930,000.
How much is this home worth?
The estimated value of the home located at 29 Silver Spruce is $0.
What are some comparable homes to 29 Silver Spruce?
There are currently no comparable homes to 29 Silver Spruce.
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