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Boulder 80305 Martin Acres
4205 Martin Drive
$865,000
● House - Off Market

4205 Martin Drive

Boulder, CO 80305
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,387 Ft²
$803,827
RealtyHop Estimate
8.63%
Since Aug 1, 2021
CO-Denver
Primary Model

About This Property

Fantastic, open-layout Martin Acres ranch with beautiful vaulted-ceiling addition off kitchen, creates highly desirable layout w/generously sized spaces. Great, updated kitchen which includes huge island serves as the core of the house. Two updated bathrooms, beautiful wood floors & fully-fenced, extensively landscaped back yard (and front yard) with covered deck; huge shed for your toys; close to shopping, trails & bus route in great S Boulder location. Easy commute to Denver. Central A/C - YES!
Unit Size
1,387 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$534
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1956

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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 (REcolorado MLS #RECIR943809)

Price History

Date / Event Date Event Price
Aug 3, 2022 Sold
Premium
Sold
Jul 14, 2021 Sold
Premium
Sold
Jun 22, 2021 Listed by Porchlight RE Group-Boulder $740,000
Listed by Porchlight RE Group-Boulder
Jul 6, 2007 Sold
Premium
Sold
Apr 3, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2000
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,462
  • Total Building Area: 1,708
  • Gross Building Area: 1,708
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARTIN ACRES 2 - BO
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 1 BLK 12 MARTIN ACRES 2

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012507

Geography

  • Assessors Map Reference: B18-L
  • Account Number: R0011795
  • Parcel: R0011795
  • Block: 12
  • Lot: 1
  • Meridian: SEC 05 TWN 1S RNG 70
  • Municipality: BOULDER
  • Latitude: 39.9888
  • Longitude: -105.244

    Address

  • Full Address: 4205 Martin Dr
  • Address - House Number: 4205
  • Address - Street Name: Martin
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: C050
  • 4-Digit Zip Code: 5433
  • Zip Code: 80305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $446,398
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: May 24, 2023
  • Confidence Score: 79
  • Final Value: 932,742
  • High Value: 1,086,478
  • Low Value: 779,006

    Market Valuation

  • Market Total Value: $926,600
  • Market Land Value: $568,400
  • Market Improvement Value: $358,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,684
  • Assessed Land Value: $38,452
  • Assessed Improvements Value: $24,232

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3974944
  • Previous Sale Recording Date: Jul 14, 2021
  • Previous Sale Contract Date: Jul 06, 2021
  • Previous Sale Amount: $865,000
  • Previous Sale Document Type: 68
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 South Boulder

Stats & Trends

Median Asking:

$975,000

Sale Price/ft²

$596

Below Asking

0.02%

Average Days on Market

47

Average Home Size

2054 ft²

Average Home Age

50 years

Currently For Sale

64 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 4205 Martin Drive built and last sold?
The property at 4205 Martin Drive was built in 1956 and last sold on Aug 1, 2022 for $993,000.
How much is this home worth?
The estimated value of the home located at 4205 Martin Drive is $0.
What are some comparable homes to 4205 Martin Drive?
There are currently no comparable homes to 4205 Martin Drive.
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