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Boulder 80304 Wonderland Hills
987 Poplar Avenue
$1,450,000
● House - Off Market

987 Poplar Avenue

Boulder, CO 80304
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,802 Ft²
$1,477,980
RealtyHop Estimate
9.56%
Since Jul 1, 2021
CO-Denver
Primary Model

About This Property

Light and bright! Southern exposure at its best on corner lot in coveted Wonderland Lake neighborhood.  Immaculate, airy interior with open floor plan, beautiful hardwoods on main and upper floors, as well as spacious basement, laundry, and guest area. New roof, HVAC, A/C, range, microwave, window coverings, and carpet on stairs. Treehouse feel abounds with views of mature trees from the bedroom windows as well as Foothill views from your home office. Private backyard oasis with plenty of room to relax or entertain.  Walkable to trails, shops, restaurants, and bus line.  Don't miss this move-in ready home. Value Galore!
Unit Size
2,802 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$481
Property Type
House
Property Taxes
-
HOA Dues
$15
Year Built
2000

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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 #RECIR939828)

Price History

Date / Event Date Event Price
Jun 16, 2021 Sold
Premium
Sold
May 10, 2021 Listed by 8z Real Estate $1,349,000
Listed by 8z Real Estate
Jul 14, 2010 Sold
Premium
Sold
May 19, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 961
  • Garage Type: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,142
  • Total Building Area: 2,802
  • Gross Building Area: 2,802
  • Building Area: 2,802
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,802
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POPLAR 23 SUB - BO
  • Land Acres: 0000000095
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 16 POPLAR 23 SUB

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012104

Geography

  • Assessors Map Reference: B11-M
  • Account Number: R0126824
  • Parcel: R0126824
  • Lot: 16
  • Meridian: SEC 13 TWN 1N RNG 71
  • Municipality: BOULDER
  • Latitude: 40.0466
  • Longitude: -105.285

    Address

  • Full Address: 987 Poplar Ave
  • Address - House Number: 987
  • Address - Street Name: Poplar
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Boulder
  • Carrier Code: C030
  • 4-Digit Zip Code: 0738
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $745,316
  • Tax Rate Code Area: 00-040

    Appraisal Valuation

  • Standard Deviation: 0.1483
  • Valuation Date: May 17, 2023
  • Confidence Score: 82
  • Final Value: 1,654,455
  • High Value: 1,899,811
  • Low Value: 1,409,099

    Market Valuation

  • Market Total Value: $1,614,900
  • Market Land Value: $712,300
  • Market Improvement Value: $902,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,248
  • Assessed Land Value: $48,187
  • Assessed Improvements Value: $61,061

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3893038
  • Previous Sale Recording Date: Jul 14, 2010
  • Previous Sale Contract Date: Jun 08, 2010
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: 71
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 North Boulder

Stats & Trends

Median Asking:

$819,950

Sale Price/ft²

$502

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2127 ft²

Average Home Age

40 years

Currently For Sale

200 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 987 Poplar Avenue built and last sold?
The property at 987 Poplar Avenue was built in 2000 and last sold on Jun 15, 2021 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 987 Poplar Avenue is $0.
What are some comparable homes to 987 Poplar Avenue?
There are currently no comparable homes to 987 Poplar Avenue.
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