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Boulder 80305 Highland Park
705 Gillaspie Drive
$965,000
● House - Off Market

705 Gillaspie Drive

Boulder, CO 80305
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,507 Ft²
$986,017
RealtyHop Estimate
0.10%
Since Oct 1, 2022
CO-Denver
Primary Model

About This Property

Welcome to this move-in-ready, three-bedroom, two-bath South Boulder gem, featuring a spacious family room, beautifully refinished hardwood floors, new bathrooms, and new windows, among other updates. Enjoy your private, fenced-in yard and living close to hiking, biking & rock climbing trails, award-winning schools (choice of Bear Creek or Mesa Elementary), cafes, restaurants, grocery stores, parks, bus stops, NCAR, NOAA/NIST & CU. Leave your car in the garage and experience all that SoBo has to offer. A  large 7,692 sq. ft. lot.  This home is on the quiet north side of Gillaspie. Come take a look!
Unit Size
1,507 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$654
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1964

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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 #RECIR970396)

Price History

Date / Event Date Event Price
Sep 26, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by Porchlight RE Group-Boulder $985,000
Listed by Porchlight RE Group-Boulder
Dec 9, 2013 Sold
Premium
Sold
Nov 3, 1987 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • 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: 297
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,692
  • Total Building Area: 1,770
  • Gross Building Area: 1,770
  • Building Area: 1,473
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,473
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TABLE MESA - BO
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 3 BLK 1 TABLE MESA

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012505

Geography

  • Assessors Map Reference: B24-B
  • Account Number: R0012518
  • Parcel: R0012518
  • Block: 1
  • Lot: 3
  • Meridian: SEC 08 TWN 1S RNG 70
  • Municipality: BOULDER
  • Latitude: 39.9833
  • Longitude: -105.255

    Address

  • Full Address: 705 Gillaspie Dr
  • Address - House Number: 705
  • Address - Street Name: Gillaspie
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: C009
  • 4-Digit Zip Code: 5852
  • Zip Code: 80305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $555,818
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 1,112,276
  • High Value: 1,296,774
  • Low Value: 927,779

    Market Valuation

  • Market Total Value: $1,108,900
  • Market Land Value: $961,200
  • Market Improvement Value: $147,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,017
  • Assessed Land Value: $65,025
  • Assessed Improvements Value: $9,992

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Sep 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3982621
  • Previous Sale Recording Date: Dec 09, 2013
  • Previous Sale Contract Date: Dec 06, 2013
  • Previous Sale Amount: $420,000
  • 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 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 705 Gillaspie Drive built and last sold?
The property at 705 Gillaspie Drive was built in 1964 and last sold on Sep 23, 2022 for $965,000.
How much is this home worth?
The estimated value of the home located at 705 Gillaspie Drive is $0.
What are some comparable homes to 705 Gillaspie Drive?
There are currently no comparable homes to 705 Gillaspie Drive.
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