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Boulder 80304 Melody Heights
3640 16th Street
$1,700,000
● House - Off Market

3640 16th Street

Boulder, CO 80304
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,100 Ft²
$1,820,817
RealtyHop Estimate
7.11%
Since Nov 1, 2021
CO-Denver
Primary Model

About This Property

Thoughtfully redesigned, one of a kind home, situated in one of Boulder's most desirable neighborhoods. Walking distance to hiking trails, schools, dining and parks. This four bedroom, three bathroom home features a bright and airy floor plan for perfect indoor/outdoor entertaining and everyday living.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$810
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963

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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 #RECIR946500)

Price History

Date / Event Date Event Price
Oct 19, 2021 Sold
Premium
Sold
Jul 21, 2021 Listed by LATITUDE40 Real Estate Group $1,700,000
Listed by LATITUDE40 Real Estate Group
Aug 19, 2020 Sold
Premium
Sold
Mar 4, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 41
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 275
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,847
  • Total Building Area: 2,362
  • Gross Building Area: 2,362
  • Building Area: 1,787
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,787
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELODY HEIGHTS - BO
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 26 BLK 7 MELODY HEIGHTS

Neighborhood

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

Geography

  • Assessors Map Reference: B11-M
  • Account Number: R0002980
  • Parcel: R0002980
  • Block: 7
  • Lot: 26
  • Meridian: SEC 19 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0401
  • Longitude: -105.277

    Address

  • Full Address: 3640 16th St
  • Address - House Number: 3640
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Boulder
  • Carrier Code: C076
  • 4-Digit Zip Code: 1509
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $650,818
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 78
  • Final Value: 1,544,195
  • High Value: 1,807,579
  • Low Value: 1,280,811

    Market Valuation

  • Market Total Value: $1,377,700
  • Market Land Value: $535,900
  • Market Improvement Value: $841,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,202
  • Assessed Land Value: $36,254
  • Assessed Improvements Value: $56,948

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3921909
  • Previous Sale Recording Date: Aug 19, 2020
  • Previous Sale Contract Date: Aug 17, 2020
  • Previous Sale Amount: $800,000
  • 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

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Frequently Asked Questions

When was property at 3640 16th built and last sold?
The property at 3640 16th was built in 1963 and last sold on Oct 8, 2021 for $1,700,000.
How much is this home worth?
The estimated value of the home located at 3640 16th is $0.
What are some comparable homes to 3640 16th?
There are currently no comparable homes to 3640 16th.
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