2800 5th St [Boulder Notable Sale]

BOULDER NOTABLE SALE: 2800 5th St | $3.5M

We took several clients to see this newly constructed home in Newlands while it was on the market. Modern and attractive, it still had several significant challenges. The biggest problem was the layout lacked an easily accessible powder room on the main. The home also suffered from a disconnected and small outdoor living area, and a relative lack of privacy next to its sister house next door.

Deal notes: Listed in October of last year, the seller cut the price dramatically after a few weeks on the market. The listing expired, but it was brought back. Somehow, at closing the sale price once again exceeded the now reduced list price value by over $200k. Perhaps this was due to modifications undertaken to suit the new owner. It’s also possible there’s an error in the database. Wait for the public record update to confirm. 
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Note: The Realtors at House Einstein did not represent the buyers or sellers of this property. Our discussion of notable sales is designed to help educate you on market conditions and make a smarter real estate decision. 

Osman Parvez  is the Founder and Employing Broker of House Einstein. Originally from the Finger Lakes region of New York, he lives in Boulder with his wife and their Labrador Retriever. He has been a Realtor since 2005.

Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. For more information, click HERE.

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. House Einstein strongly recommends conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.  

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.