Last Sold Price
7 beds2,837 sqft$529/sqft
2002 Baseline Rd, Boulder, CO 80302

Description

Introducing 2002 Baseline - an exceptional income property opportunity ideally situated just one block off campus, offering convenience and comfort for university students. All are leased through July 2024, with most leased through July 2025, providing a stable and lucrative rental income. THE CURRENT CAP RATE IS 5.6%! The seller has made significant investments to enhance the property's appeal, including a forthcoming balcony off the second floor and a new deck complete with a spiral staircase,...Introducing 2002 Baseline - an exceptional income property opportunity ideally situated just one block off campus, offering convenience and comfort for university students. All are leased through July 2024, with most leased through July 2025, providing a stable and lucrative rental income. THE CURRENT CAP RATE IS 5.6%! The seller has made significant investments to enhance the property's appeal, including a forthcoming balcony off the second floor and a new deck complete with a spiral staircase, offering a perfect setting for relaxation and enjoyment, not to mention outstanding views of the Flatirons. Further upgrades include a new 50-gallon water heater, a new refrigerator, a new roof with Class 4 shingles, and new gutters, ensuring modern comfort and efficiency for the tenants and the property. A new egress window was added in the basement bedroom, new insulation in the attic, and some new windows further enhance the property's overall value. This income property presents an incredible opportunity for investors seeking a turnkey investment with a proven track record of rental success. Don't miss out on owning this prime income-generating property that offers current stability and future potential.
LISTING CLOSED: 05/10/2024 12:00 AM

Property Details for 2002 Baseline Road

Status
MLS #
4376866
Days on Compass
12
Taxes
$6,444 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1950
Lot Size
0.16 AC / 6,802 SF
Structure Type
House
Architectural Style
Paved, Gutters, Eat-in Kitchen, Pantry
Levels
Two
Subdivision Name
Interurban Park
Association
No
Basement
Yes

Location

Sold By 8z Rentals, Forrest Noble

Add your commute

Building Information for 2002 Baseline Road

Stories-Year Built1950Building Size-Lot Size0.16 AC / 6,802 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$8,161 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,624

Property Taxes

$537

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2002 Baseline Road

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 2837
  • Sqft Total: 2837
  • Living Area (SqFt Finished): 2837
  • Above Grade Finished Area: 1987
  • Living SqFt: 1987
  • Sq Ft Apx: 850
  • Area Source: Public Records
  • PSF Total: 529
  • PSF Above Grade: 755
  • PSF Finished: 529
  • Master on Main: No
  • Room Count: 14
  • Basement: Finished, Walk-Out Access
  • Fireplaces Total: 1
  • Fireplace Features: Gas
  • Heating: Forced Air
  • Cooling: Central Air
  • Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Pantry
  • Flooring: Wood
  • Window Features: Window Coverings
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Laundry Features: Dishwasher, Refrigerator, Washer, Dryer, Microwave
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 7
  • Upper Level Bedrooms: 2
  • Main Level Bedrooms: 2
  • Lower Level Bedrooms: 0
  • Basement Level Bedrooms: 3
Bathrooms
  • Bathrooms Total: 3
  • Upper Level Bathrooms: 1
  • Main Level Bathrooms: 1
  • Lower Level Bathrooms: 0
  • Basement Level Bathrooms: 1
  • Bathrooms Full: 2
  • Bathrooms Three Quarter: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
Parking
Parking
  • Attached Garage: Yes
  • Parking Total: 2
  • Garage Spaces: 2
  • Offstreet Spaces: 7
  • Parking Count: 9
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Creekside
  • Elementary School District: Boulder Valley RE 2
  • Middle Or Junior School: Manhattan
  • Middle Or Junior School District: Boulder Valley RE 2
  • High School: Boulder
  • High School District: Boulder Valley RE 2
Site & Location Information
  • Lot Size Acres: .16
  • Lot Size Square Feet: 6802
  • Fencing: Full
  • Accessibility Features: Paved, Gutters
  • Distance To Bus: 1
  • Distance To Bus Units: Blocks
  • Property Exclusions: Tenants Personal Property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Block, Frame, Stucco
  • Roof: Composition
  • Exterior Features: Balcony, Fire Pit, Private Yard, Rain Gutters
  • Patio And Porch Features: Deck, Front Porch
  • Livable Structure Count: 0
Water & Utilities
Water & Utilities
  • Water Included: Yes
  • Water Source: Public
  • Utilities: Forced Air, Eat-in Kitchen, Pantry
  • Sewer: Public Sewer

Property History for 2002 Baseline Road

DateEvent & SourcePriceAppreciation
May 10, 2024

Sold (Public Record)

Public Record #1534374080

$1,500,000
May 10, 2024

Sold (Public Record)

Public Record #1536599833

$1,500,000

+14.5% / yr

Nov 23, 2020

Sold (Public Record)

Public Record #685415978

$939,000

+7.1% / yr

DateEvent & SourcePrice
05/10/2024

Sold (Public Record)

Public Record #1534374080

$1,500,000
05/10/2024

Sold (Public Record)

Public Record #1536599833

$1,500,000

+14.5% / yr

11/23/2020

Sold (Public Record)

Public Record #685415978

$939,000

+7.1% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2002 Baseline Road

Taxable ValueLand$54,992Additions$37,658Total$92,650
Tax Record2025$8,200 ($683 / month)
Home Facts
Beds7Baths2.8Total Finished SqFt3,251 SqFtAbove Grade Finished SqFt2,401 SqFtFinished Basement SqFt850 SqFtStories2Lot Size6,802 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1992CountyBOULDERAPNR0005246

Schools near 2002 Baseline Road

This home is within Boulder Valley Re 2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Creekside Elementary School At Martin Park
PublicPK to 5

Boulder High School
Public9 to 12

New Vista High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2002 Baseline Road, Boulder, CO 80302
$1,500,000
7
2,837
6,802
2
1
824
6,970
3
1.75
1,748
6,858
$925,000
4
2,312
12,196
$875,000
3
1,040
6,692
$370,000
4
2,700
3,986

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information submitted to the MLS GRID as of 05/10/2024 06:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.