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Boulder 80304 Melody Heights
3500 Catalpa Way
$760,000
● House - Off Market

3500 Catalpa Way

Boulder, CO 80304
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,732 Ft²
$1,179,945
RealtyHop Estimate
55.26%
Since Jun 1, 2017
CO-Denver
Primary Model

About This Property

Entered for comp purposes only. Lovely bright north Boulder home with bonus 250 sq.ft. studio (not included in square footage) and 1/2 bath great for office or art use. Remodeled kitchen with center isle and seating, concrete counter, wood cabinets, black appliances. Large master suite upstairs with a separate loft/office area and full bath. Lower level with 2 bedrooms, one bath and laundry area. Peaceful serene backyard with wonderful landscaping, inset hot tub. stone fountain, play structure.
Unit Size
1,732 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$439
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1970

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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 #820130)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
May 16, 2017 Sold
Premium
Sold
Mar 6, 2017 Listed by RE/MAX of Boulder, Inc $760,000
Listed by RE/MAX of Boulder, Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 5
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 528
  • Garage Type: 3
  • Garage Square Area: 280
  • Parking Space Count: 4
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,963
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLEASURE TERRACE - BO
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 9 PLEASURE TERRACE

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012105

Geography

  • Assessors Map Reference: B11-M
  • Account Number: R0000197
  • Parcel: R0000197
  • Lot: 9
  • Meridian: SEC 19 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0386
  • Longitude: -105.273

    Address

  • Full Address: 3500 Catalpa Way
  • Address - House Number: 3500
  • Address - Street Name: Catalpa
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Boulder
  • Carrier Code: C076
  • 4-Digit Zip Code: 1806
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $645,534
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 1,378,930
  • High Value: 1,615,295
  • Low Value: 1,142,566

    Market Valuation

  • Market Total Value: $1,286,600
  • Market Land Value: $540,400
  • Market Improvement Value: $746,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,038
  • Assessed Land Value: $36,558
  • Assessed Improvements Value: $50,480

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3715392
  • Previous Sale Recording Date: May 16, 2017
  • Previous Sale Contract Date: May 15, 2017
  • Previous Sale Amount: $760,000
  • 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 North Boulder

Stats & Trends

Median Asking:

$819,950

Sale Price/ft²

$502

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2123 ft²

Average Home Age

40 years

Currently For Sale

201 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: Donna Voss, RE/MAX of Boulder, Inc
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 820130
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 3500 Catalpa Way built and last sold?
The property at 3500 Catalpa Way was built in 1970 and last sold on May 31, 2019 for $957,500.
How much is this home worth?
The estimated value of the home located at 3500 Catalpa Way is $0.
What are some comparable homes to 3500 Catalpa Way?
There are currently no comparable homes to 3500 Catalpa Way.
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