350 15th Street [Notable Sale]

|September 16, 2020|Chautauqua, Notable Sale|
350 15th Street | $2.85M 

Why is it Notable?
Property Photo

About 16 months ago, this property sold for $2.8M (3.1% below asking). We were quite surprised to see it back on the market so soon. Just like last time, it caught our attention because it’s only a few years old and located in one of the most desirable parts of Boulder. 
 
It’s a nice location: from your front door, stroll onto the most popular hiking trails in Boulder or catch a summer concert at Chautauqua. 
 
The overall design is well executed, and finish choices, although now a few years old, have held up well. The rough stone is a very popular look in the mountain resort towns; it gives the home a classic “Colorado” feel. Of course, with multiple private outdoor spaces, all you have to do is step onto a patio or deck, and you’ll immediately be reminded of the fact.  The Flatiron views are fairly decent, given the property doesn’t actually back to open space. 
 
This time around, it was listed in April at $2.95M and then pulled off the market during the height of the Covid lockdown. It was re-listed on May 20th. In early June, the seller cut the price by $50K, and about a month later, a buyer locked it down. It closed on August 14th for $2.85M.

Due Diligence

At all price points, we strongly advise our buyers to plan for a minimum three year holding period to reduce the risk of capital loss. The seller got lucky.



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.  

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Testimonials

We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.

Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.

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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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