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Boulder 80303 Park East
970 Parkway Drive
$900,000
● House - Off Market

970 Parkway Drive

Boulder, CO 80303
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,950 Ft²
$876,380
RealtyHop Estimate
9.56%
Since Jul 1, 2021
CO-Denver
Primary Model

About This Property

A family home for more than 50 years, it's time for this great house to generate fond memories for a new family.  This well-built house offers a fantastic opportunity to own a home in Country Club.  No extra charge for the sweeping views of the Flatirons and the Continental Divide from every room on the west side.  Close to Flatirons Golf Course, East Boulder Recreation Center, bike paths, and open space trails.  While close to its original grandeur, it is ready for loving touches and updates.  Seller conducted pre-inspections of the home, including the sewer line; and found little, other than deferred, maintenance needing attention.  Sewer scope video and report, inspection report, and mold tests are available upon request.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$410
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1963

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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 #RECIR940397)

Price History

Date / Event Date Event Price
Jun 14, 2021 Sold
Premium
Sold
May 15, 2021 Listed by Slifer Smith & Frampton-Lsvl $799,900
Listed by Slifer Smith & Frampton-Lsvl

Property Highlights

Fireplace
With View
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 40
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 1,020
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,232
  • Total Building Area: 2,724
  • Gross Building Area: 2,724
  • Building Area: 2,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY CLUB PARK PT REPLAT - BO
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 3 OUTLOT A COUNTRY CLUB PARK PARTIAL REPLAT

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012603

Geography

  • Assessors Map Reference: B18-J
  • Account Number: R0037941
  • Parcel: R0037941
  • Lot: 3
  • Meridian: SEC 33 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0051
  • Longitude: -105.227

    Address

  • Full Address: 970 Parkway Dr
  • Address - House Number: 970
  • Address - Street Name: Parkway
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: C051
  • 4-Digit Zip Code: 2850
  • Zip Code: 80303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $452,564
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1639
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 1,067,906
  • High Value: 1,242,938
  • Low Value: 892,874

    Market Valuation

  • Market Total Value: $1,034,600
  • Market Land Value: $628,100
  • Market Improvement Value: $406,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,991
  • Assessed Land Value: $42,491
  • Assessed Improvements Value: $27,500

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3892131
  • Previous Sale Recording Date: Jan 24, 1975
  • Previous Sale Contract Date: Jan 24, 1975
  • 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 East Boulder

Stats & Trends

Median Asking:

$635,000

Sale Price/ft²

$474

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1535 ft²

Average Home Age

45.2 years

Currently For Sale

119 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 970 Parkway Drive built and last sold?
The property at 970 Parkway Drive was built in 1963 and last sold on Jun 10, 2021 for $900,000.
How much is this home worth?
The estimated value of the home located at 970 Parkway Drive is $0.
What are some comparable homes to 970 Parkway Drive?
There are currently no comparable homes to 970 Parkway Drive.
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