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Boulder 80303
5849 Marshall Dr
$625,000
● Land - Off Market

5849 Marshall Dr

Boulder, CO 80303
bedrooms
Studio
bathrooms
0 Bath
$660,234
RealtyHop Estimate
2.36%
Since Feb 1, 2023
CO-Denver
Primary Model

About This Property

Spectacular opportunity to design and build your dream home in Boulder! Coveted location, 1.14-acre flat and usable lot with spectacular views. A matter of steps separates this beautiful lot from Marshall Mesa open space with its miles of trails. Debris removal is already complete. The septic will likely need to be replaced. Buyer to verify all listing info, zoning, and allowable uses with the county. Bring your architect and builder.
Unit Size
-
Days on Market
-
Land Size
1.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$258
HOA Dues
-
Year Built
1949

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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 #978573)

Price History

Date / Event Date Event Price
Jan 17, 2023 Sold
Premium
Sold
Nov 9, 2022 Listed by The Agency - Boulder $645,000
Listed by The Agency - Boulder
Jun 22, 2009 Sold
Premium
Sold
Oct 23, 1981 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 20
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,001
  • Total Building Area: 1,968
  • Gross Building Area: 1,968
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TR SOUTH CENTRAL NBR 145 820
  • Land Acres: 0000001148
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: TRACT 1418 LESS A-E 22-1S-70 TOTAL 1.00 AC M/L PER BOUNDARY LINE ADJ SE-81-22

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 060602

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: B25-G
  • Account Number: R0089618
  • Subdivision Tract Number: 1418
  • Parcel: R0089618
  • Meridian: SEC 22 TWN 1S RNG 70
  • Municipality: BOULDER
  • Latitude: 39.9566
  • Longitude: -105.217

    Address

  • Full Address: 5849 Marshall Dr
  • Address - House Number: 5849
  • Address - Street Name: Marshall
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: R001
  • 4-Digit Zip Code: 9503
  • Zip Code: 80303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $77,796
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 00-202

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: May 17, 2023
  • Confidence Score: 96
  • Final Value: 646,847
  • High Value: 690,591
  • Low Value: 603,102

    Market Valuation

  • Market Total Value: $251,300
  • Market Land Value: $251,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $17,000

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 3994830
  • Previous Sale Recording Date: Jun 22, 2009
  • Previous Sale Contract Date: Sep 16, 2008
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 54
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 Boulder

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$376

Above Asking

0.00%

Average Days on Market

55

Average Home Size

2328 ft²

Average Home Age

37.8 years

Currently For Sale

2314 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

Unit for rent at 676 Walden Circle, Other, CO, 80305

$1,368 /mo

  • 1 Bed
  • 1 Bath
676 Walden Circle, Other, CO, 80305 Listing by Rick Rivera
Unit for rent at 1000 W Moorhead Cir, CO, 80305

$1,542 /mo

  • 1 Bed
  • 1 Bath
1000 W Moorhead Cir, CO, 80305 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
IRES

Listed by: Derek Clapp, The Agency - Boulder
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 978573
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 5849 Marshall Drive built and last sold?
The property at 5849 Marshall Drive was built in 1949 and last sold on Jan 13, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 5849 Marshall Drive is $651,450.
What are some comparable homes to 5849 Marshall Drive?
There are currently no comparable homes to 5849 Marshall Drive.
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