BOULDER NOTABLE SALE:
2795 14th St | $2.18MOriginally constructed in 1925 with a large addition in the 1980’s, this three bedroom, three bath was recently renovated. Located on a busy corner in North Boulder. Acquired in May of this year by the seller for $80K over list. Unclear why it came back to market.
Due Diligence: This property is just down the street from the high density Alpine Balsam project, set to break ground shortly. It will be subject to increased traffic.
Deal Notes: Listed in late September, the property was under contract within days, and lucky for the seller, the deal closed at the same price as it was acquired only a few months prior. Given their short tenure, it’s remarkable that the seller was able to get their money back (less commissions and other transaction costs) and a testament to the strength of our local market, even during a downturn.
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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.
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