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Boulder 80303 Frasier Meadows
4300 Chippewa Drive
$1,800,000
● House - Off Market

4300 Chippewa Drive

Boulder, CO 80303
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,385 Ft²
$1,829,425
RealtyHop Estimate
-1.11%
Since Apr 1, 2023
CO-Denver
Primary Model

About This Property

Unrivalled! This exquisite custom home, situated in highly revered Frasier Meadows, is professionally decorated, beautifully appointed and lives so comfortably you will immediately feel at home. Enjoy Main floor living at its best. Gorgeous Gourmet Kitchen features Fieldstone Cherry Cabinets, Fisher & Paykel Range, Walk-In Pantry, Spacious Granite Island with ample storage. Fireplace in kitchen for cozy, casual entertaining. Gleaming Oak flooring with Brazilian Cherry trim. Upper level boasts grandiose Great Room with seasonal views, fireplace, vaulted ceiling with unique exposed beam and adjacent large covered deck with ceiling fan and outdoor heaters. Professionally landscaped back yard that includes huge, wraparound patio, loads of flowers, raised garden beds and storage sheds. Owned Solar.
Unit Size
3,385 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$547
Property Type
House
Property Taxes
$448
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 #RECIR982222)

Price History

Date / Event Date Event Price
Mar 20, 2023 Sold
Premium
Sold
Feb 18, 2023 Listed by Berkshire Hathaway-Boulder $1,850,000
Listed by Berkshire Hathaway-Boulder
May 16, 2007 Sold
Premium
Sold
Jul 25, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • 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: 546
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,782
  • Gross Building Area: 2,782
  • Building Area: 2,236
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,236
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRASIER MEADOWS - BO
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 4 BLK 5 FRASIER MEADOWS

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012511

Geography

  • Assessors Map Reference: B18-L
  • Account Number: R0015402
  • Parcel: R0015402
  • Block: 5
  • Lot: 4
  • Meridian: SEC 04 TWN 1S RNG 70
  • Municipality: BOULDER
  • Latitude: 39.9969
  • Longitude: -105.24

    Address

  • Full Address: 4300 Chippewa Dr
  • Address - House Number: 4300
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: C006
  • 4-Digit Zip Code: 3615
  • Zip Code: 80303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $563,444
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 78
  • Final Value: 1,447,623
  • High Value: 1,693,029
  • Low Value: 1,202,217

    Market Valuation

  • Market Total Value: $1,364,300
  • Market Land Value: $974,600
  • Market Improvement Value: $389,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,295
  • Assessed Land Value: $65,932
  • Assessed Improvements Value: $26,363

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4000427
  • Previous Sale Recording Date: May 16, 2007
  • Previous Sale Contract Date: May 14, 2007
  • Previous Sale Amount: $880,000
  • 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 East Boulder

Stats & Trends

Median Asking:

$635,000

Sale Price/ft²

$475

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1563 ft²

Average Home Age

45.3 years

Currently For Sale

123 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 4300 Chippewa Drive built and last sold?
The property at 4300 Chippewa Drive was built in 1963 and last sold on Mar 17, 2023 for $1,740,000.
How much is this home worth?
The estimated value of the home located at 4300 Chippewa Drive is $1,849,180.
What are some comparable homes to 4300 Chippewa Drive?
There are currently no comparable homes to 4300 Chippewa Drive.
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