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Lazy Acres 80302
4510 Lee Hill Drive
$1,500,000
● House - Off Market

4510 Lee Hill Drive

Boulder, CO 80302
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,054 Ft²
$1,400,822
RealtyHop Estimate
-6.61%
Since May 1, 2022
CO-Denver
Primary Model

About This Property

This beautiful home is less than 10 minutes above the city in sought after Boulder Heights.  After a long day, imagine yourself sitting on one of the multiple decks taking in the panoramic mountain views and keeping an eye out for wildlife.  Spend your winter days sitting in front of the moss rock fireplace watching the snow fall from the oversized windows thoughtfully placed to showcase the view.  You won't be disappointed in your new lifestyle choice.  This home sits at the top of Lee Hill Dr. on 1.5 acres and is move in ready.  Welcome home!
Unit Size
4,054 Ft²
Days on Market
-
Land Size
1.51 acres
Price per sqft
$370
Property Type
House
Property Taxes
$703
HOA Dues
-
Year Built
1993

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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 #RECIR961425)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Jun 24, 2022 Listed by Coldwell Banker Realty-Boulder $1,499,700
Listed by Coldwell Banker Realty-Boulder
Apr 27, 2022 Sold
Premium
Sold
Mar 24, 2022 Listed by Coldwell Banker Realty-Boulder $1,500,000
Listed by Coldwell Banker Realty-Boulder
Sep 5, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 1,023
  • Garage Type: 1
  • Garage Square Area: 804
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,889
  • Total Building Area: 4,858
  • Gross Building Area: 4,858
  • Building Area: 4,054
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 4,054
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOULDER HEIGHTS - BOV
  • Land Acres: 0000001513
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 1 BOULDER HEIGHTS

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 013704

Zoning

  • Zoning: F

Geography

  • Account Number: R0034329
  • Parcel: R0034329
  • Lot: 1
  • Meridian: SEC 34 TWN 2N RNG 71
  • Municipality: BOULDER
  • Latitude: 40.0913
  • Longitude: -105.337

    Address

  • Full Address: 4510 Lee Hill Dr
  • Address - House Number: 4510
  • Address - Street Name: Lee Hill
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: H062
  • 4-Digit Zip Code: 9303
  • Zip Code: 80302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $889,116
  • Tax Rate Code Area: 00-264

    Appraisal Valuation

  • Standard Deviation: 0.1243
  • Valuation Date: May 17, 2023
  • Confidence Score: 86
  • Final Value: 1,670,228
  • High Value: 1,877,922
  • Low Value: 1,462,534

    Market Valuation

  • Market Total Value: $1,564,300
  • Market Land Value: $214,100
  • Market Improvement Value: $1,350,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,825
  • Assessed Land Value: $14,484
  • Assessed Improvements Value: $91,341

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3976981
  • Previous Sale Recording Date: Apr 27, 2022
  • Previous Sale Contract Date: Apr 26, 2022
  • Previous Sale Amount: $1,500,000
  • 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 Lazy Acres

Stats & Trends

Median Asking:

$1,149,500

Sale Price/ft²

$376

Below Asking

0.02%

Average Days on Market

92

Average Home Size

3055 ft²

Average Home Age

38.4 years

Currently For Sale

21 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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Frequently Asked Questions

When was property at 4510 Lee Hill Drive built and last sold?
The property at 4510 Lee Hill Drive was built in 1993 and last sold on Aug 15, 2022 for $1,487,000.
How much is this home worth?
The estimated value of the home located at 4510 Lee Hill Drive is $1,516,162.
What are some comparable homes to 4510 Lee Hill Drive?
There are currently no comparable homes to 4510 Lee Hill Drive.
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