A moderate sized early 70’s tri-level, located on a 12,000 SQFT lot. The home featured three bedrooms, three baths, and an attached garage. Remodeled seven years ago, the interior was still quite current and tasteful. From a location perspective, the home is west facing and around the corner from the CU Chancellors’ residence. I do have to wonder if the new owners were advised on the potential for development of that land. When it occurs, Caddo Parkway to Mohawk could see a lot more traffic. What is currently used as de facto neighborhood open space will likely become part of campus. Get your runs and dog walks in while you can.
Deal notes: The home was listed just under $1.5M. It sold for $235K above the list price, with a conventional mortgage (not cash), and no disclosed inspection concessions.
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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.
