Top Boulder Real Estate Sales of 2018 [#9]
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by Osman Parvez
815 Circle Drive is Boulder’s #9 top sale for 2018. Constructed eighteen years ago, it features five bedrooms, five baths, and a luxurious +6,000 F.SQFT. The location is the most compelling aspect to the property. It’s just below Flagstaff Rd and the home was designed to feature exceptional views of the city below.
Photos and Details
Originally listed at $4.5MM in July of 2017, it went under contract in November and closed in late January. Sadly, the situation didn’t work out for the new owners. It was re-listed just four months later at the original asking price. In November, the seller cut the price to $4.17MM and then, just after Christmas, the price was slashed again. As of this writing, it’s offered at $3.95MM.
Despite what most agents will tell you, Boulder real estate doesn’t always go up and not every experience is an investment success story. This is why we focus so much attention on advising our clients on property selection. Next time, choose a better Realtor.
At the current asking price, before transaction fees, the seller is $190K in the hole. If you’re considering this home, make sure your due diligence includes evaluating the impact of summer traffic on Flagstaff Rd.
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Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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Top Boulder Real Estate Sales of 2018 [#9]
—
by Osman Parvez
815 Circle Drive is Boulder’s #9 top sale for 2018. Constructed eighteen years ago, it features five bedrooms, five baths, and a luxurious +6,000 F.SQFT. The location is the most compelling aspect to the property. It’s just below Flagstaff Rd and the home was designed to feature exceptional views of the city below.
Photos and Details
Originally listed at $4.5MM in July of 2017, it went under contract in November and closed in late January. Sadly, the situation didn’t work out for the new owners. It was re-listed just four months later at the original asking price. In November, the seller cut the price to $4.17MM and then, just after Christmas, the price was slashed again. As of this writing, it’s offered at $3.95MM.
Despite what most agents will tell you, Boulder real estate doesn’t always go up and not every experience is an investment success story. This is why we focus so much attention on advising our clients on property selection. Next time, choose a better Realtor.
At the current asking price, before transaction fees, the seller is $190K in the hole. If you’re considering this home, make sure your due diligence includes evaluating the impact of summer traffic on Flagstaff Rd.
—-
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
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. Learn more about Osman.
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Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.
