3715 Cloverleaf Dr [Boulder Notable]
BOULDER NOTABLE SALE:
3715 Cloverleaf Dr | $2.2M
- Just five houses to the north of 3625 Cloverleaf, which sold for $3.15M six days earlier. A raised ranch with four bedrooms, four baths, and about 3,100 F. SQFT.
- Marketed as a new home, the developer actually repurposed the existing foundation and other structural elements of the home (just like 3625 Cloverleaf).
- Acquired for only $910K in May 2021. Permits applied in October (five months later) and issued in February 2022 (another four months). Believe it or not, nine months from acquisition to shovel ready is pretty good in the City of Boulder.
- Originally listed at $2.7M, the price was cut rapidly and multiple times. 3715 Cloverleaf Drive was on market for nearly 40 days before receiving an acceptable offer with an eventual selling price of $2.15M or 20% below original list. For extra salt in the wound, the buyer also managed to extract an additional $5,000 for undisclosed reasons.
- Due Diligence: There are important differences between an entirely new home and one built utilizing an existing foundation and other structural elements. Your agent can guide you with information regarding those differences.
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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Thinking about buying or selling and want professional advice? Call us at 303.746.6896. 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. House Einstein strongly recommends conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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Testimonials
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.
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.
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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.
