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Boulder 80302 Mapleton Hill
921 Spruce Street
$1,825,000
● House - Off Market

921 Spruce Street

Boulder, CO 80302
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,125 Ft²
$2,156,791
RealtyHop Estimate
8.00%
Since Oct 1, 2021
CO-Denver
Primary Model

About This Property

Opportunity knocks!!  Built in 1915 and just one block to Pearl St, this charming Craftsman style bungalow is located in the Tourtellot & Squires Addition of the Mapleton Hill Historic District. A classic diamond in the rough with beautiful original woodwork. Owned by the same family for over 50 years and now ready for your renovations or a complete redo from top to bottom!  Enjoy downtown Boulder living and the hot summer days by the pool.  Rent or Live in the super cute 720 sq ft carriage house, included as Additional Upper Sq Ftg, while renovating the main house.  Alley access off 9th with 2 off street parking spaces.
Unit Size
3,125 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$639
Property Type
House
Property Taxes
$917
HOA Dues
-
Year Built
1915

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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 #RECIR946264)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Jul 19, 2021 Listed by RE/MAX of Boulder, Inc $1,997,000
Listed by RE/MAX of Boulder, Inc
Apr 14, 1969 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1975
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 528
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,907
  • Total Building Area: 3,125
  • Gross Building Area: 3,413
  • Building Area: 2,597
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,597
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOURTELLOT & SQUIRES - BO
  • Land Acres: 0000000159
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: W 42 1/2 FT OF S 150 FT LOT 22 & E 5 FT OF S 150 FT LOT 23 TOURTELLOT & SQUIRES

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012204

Geography

  • Assessors Map Reference: B17-F
  • Account Number: R0003245
  • Parcel: R0003245
  • Lot: 22
  • Meridian: SEC 25 TWN 1N RNG 71
  • Municipality: BOULDER
  • Latitude: 40.0185
  • Longitude: -105.284

    Address

  • Full Address: 921 Spruce St
  • Address - House Number: 921
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: CO
  • City Name: Boulder
  • Carrier Code: C002
  • 4-Digit Zip Code: 4026
  • Zip Code: 80302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,191,792
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.2152
  • Valuation Date: May 17, 2023
  • Confidence Score: 70
  • Final Value: 2,004,629
  • High Value: 2,436,190
  • Low Value: 1,573,069

    Market Valuation

  • Market Total Value: $2,534,400
  • Market Land Value: $1,563,000
  • Market Improvement Value: $971,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,453
  • Assessed Land Value: $105,737
  • Assessed Improvements Value: $65,716

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3917295
  • Previous Sale Recording Date: Aug 24, 1993
  • Previous Sale Contract Date: Aug 24, 1993
  • Previous Sale Document Type: 27
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 Central Boulder

Stats & Trends

Median Asking:

$1,199,000

Sale Price/ft²

$724

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2054 ft²

Average Home Age

51.7 years

Currently For Sale

286 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 921 Spruce Street built and last sold?
The property at 921 Spruce Street was built in 1915 and last sold on Sep 24, 2021 for $1,825,000.
How much is this home worth?
The estimated value of the home located at 921 Spruce Street is $0.
What are some comparable homes to 921 Spruce Street?
There are currently no comparable homes to 921 Spruce Street.
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