1360 Walnut St [Boulder Notable Sale]
BOULDER NOTABLE SALE: 1360 Walnut St #301 | $3.8M The condo and townhome market is a very different world from the heated single family home market, particularly at the higher-end. Originally listed at $4.0M last July, this property was on the market for 6 months before a buyer locked it down.Tastefully refreshed, this eye popping and hip luxury unit features three bedrooms, three baths, four underground parking spaces, and a generous 3,865 SQFT. The location is as good as it gets - downtown, directly across from Central Park and the Farmer’s market. Congratulations to Andy Hawk, the buyer’s agent, for [...]
2211 Bluff Street [Boulder Notable Sale]
BOULDER NOTABLE SALE: 2211 Bluff Street | $1.31M The north side of Bluff Street in Boulder has a steep slope, limiting the size of back yards. It also contains a number of townhomes in close proximity, most built around the same time period. Still, it's close to historic districts and in proximity to both downtown and the Google Campus. 2211 Bluff is an early 80's townhome, with one bedroom on the main and two on the upper level. It shares a wall with the neighbor and doesn't have an HOA, which could make ownership (and financing) interesting. From a functional perspective, [...]
1321 Race Street [Denver Notable Sale]
DENVER NOTABLE SALE: 1321 Race Street | $1.56M The Galagher House is a large, historic mansion in close proximity to Cheesman Park. Owned by the seller for nearly a decade, it exudes authenticity with period correct millwork and finishes. The home featured five bedrooms, all on the upper level, and four baths across its 6,400 SQFT. A solarium was added in 2020 at a supposed cost of $250,000. In my opinion, the home mostly just needed an interior refresh and as such, represented a relative bargain in this heated market. That's assuming you could live with lack of a decent [...]
623 Terry Street [House Einstein Notable]
SOLD: 623 Terry Street. Congratulations to our clients for their acquisition of this beautiful home in Old Town, Longmont. Sophie Kloor represented the buyers and guided them expertly through the bidding war. 623 Terry Street is a three bedroom, two bath historic bungalow located just south of Roosevelt Park. It was available for just a few days and sold for 6% over the list price. 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 [...]
Business Update, Weekend Reading, and More [Dumb Dolphin Edition]
Note: the following is the introduction to the latest Fresh Listings, House Einstein's weekly newsletter on the most interesting new listings and notable sales to hit the market. Sign up and access the archive . What's New at House Einstein?We’ve had a solid week. Most listings are now under contract, and most of our buyers have closed. As the year ends, we’re taking steps to hit the ground running when the market picks up in the spring. Along those lines, we’re looking to hire a new team member. Yes, House Einstein is hiring. This person’s role will be 70% dedicated toward supporting the Realtors [...]
550 College Avenue [Notable Sale]
NOTABLE SALE: 550 College Avenue | $2.2M Why Is It Notable? We've talked about Charles Haertling many times on our blog and in this newsletter. He was one of Boulder's most prominent architects, and his designs remain iconic today. Most of his homes are quite attractive, Usonian, and blend into the background of their settings. Some are less functional than others. Some have horrific deferred maintenance. Because of the Haertling nameplate, almost all will still sell for a substantial premium compared with other homes of similar function and location. Like this content? Check out Fresh Listings. It's our review of the most compelling new listings to hit the Boulder and Denver [...]
1164 10th Street [Notable Sale]
BOULDER NOTABLE SALE: 1164 10th Street | $2.93M Why Is It Notable? Imagine the seller’s anxiety when a week before closing, CU students decide to throw a rager in the same block as your listing. Good thing it was already under contract and likely past all contingencies.Listed in August of last year, 1164 10th Street was part of a portfolio of rental properties that hit the Boulder market. With an advertised cap rate of 5.39 and supposed 8% year over year revenue growth, you honestly have to wonder why it was listed at all. Yet despite the intense hunt for yield, the market ignored it [...]
2420 10th Street [Notable Sale]
NOTABLE SALE: 2420 10th Street | $2M Why Is It Notable? On and off the market since September of 2019, and originally listed at $2.7M, this adorable Edwardian Vernacular has been extensively modified over its 120 year history. It was adorably cute but lacked one fundamental requirement for almost all buyers of $2M+ homes: a garage. Offsetting the deficiency was a small carriage house/studio in the back of the home. It sold for $2M or 11% below the last asking price, which is fairly remarkable for this asset, and proof that value investments can be found by a careful review of stale listings.Like this content? Check out Fresh Listings. [...]
3975 Newport Lane [Notable Sale]
NOTABLE SALE: 3975 Newport Lane | $2.08M Why Is It Notable? An east facing multi-level in Wonderland Lake, at the corner of Poplar and Newport, with a backyard that adjoins community open space. Finishes were updated sometime in the recent past, but it’s the overall design of the home that drew the offers. On the market for only a few days, it sold for $185K over asking, with a conventional mortgage. If you’re going to buy a corner lot on a through street, even one as far west as 3975 Newport, it should have offsetting factors such as protected views - which this one did.Like [...]
3625 Cloverleaf Drive [Notable Sale]
NOTABLE SALE: 3625 Cloverleaf Drive | $2.3M Why Is It Notable? Hard to call this a remodel, but from a permit perspective, it qualified. The interior and exterior were completely re-envisioned, and 1,122 SF were added to create a new master suite and living/dining area. Exterior work included new stucco, metal, stone siding, new windows, new doors, new front porch, and a new 2 car attached garage. Interior work included new finishes throughout. Honestly, it might be easier to write about what hasn't been redone. We toured this home in early December 2020. Our clients were very impressed by the natural light and overall design of the home. There were [...]
809 Pine Street | $4.95M [Notable Sale]
NOTABLE SALE: 809 Pine Street | $4.95M Why Is It Notable? A Queen Anne in the center of the Mapleton Historic District, designed by E. H. Dimick, a local architect who also designed Old Main. The home sits on just over half an acre and is known as the Morrison-McKenzie house. Constructed circa 1877 for just $3,500, it was designed and built for John Morrison, a local mining businessman. From a livability perspective, the property is more than adequate. It features six bedrooms, parlor, formal living room, family room, two wood burning fireplaces, and a carriage house - spread across a generous 4,800 T. SQFT. The location is well chosen, only [...]
889 14th Street [Notable Sale]
BOULDER NOTABLE SALE: 889 14th Street| $1.43M Why Is It Notable? When this home first hit the market in 2018 (no, that's not a typo), it was a train wreck. Not only was the interior a maze, but there was a tenant who didn't really want us in the property, and the jungle gym two-story deck in the back was falling apart. It was offered at the close-your-eyes and make-a-wish price of $1.5M. Naturally, it just stagnated on the market. We saw it at least twice with clients. Both times, they ran screaming. In October 2019, it finally sold for the bargain basement price of $862K or 43% below the [...]
1718 Mapleton Avenue [Notable Sale]
BOULDER NOTABLE SALE: 1718 Mapleton Avenue | $1.56M Why Is It Notable? This property has been on our radar since it first arrived on the market about a year ago. On paper, it looked great and the photos were compelling. Our showing turned up a few problems, so we thought it was best to watch and wait.Sure enough, it sat on the market through the winter and into the spring. In May, the seller began cutting the price in steady increments, and the price kept coming down. By October, it had fallen to $1.59M, and it still wasn't flying off the market. It wasn't until November that a [...]
2132 Bluebell Avenue [Notable Sale]
BOULDER NOTABLE SALE: 2132 Bluebell Avenue | $1.77M Why Is It Notable? Originally a large, mid 1950's ranch, it was extensively updated in 2005 to look more like a Craftsman style home. It's quite an appealing exterior design, and the location offers good proximity to social trails - Chautauqua is just up the hill. Finishes were serviceable, lot size generous. First listed in June, it was likely on the market for 4+ months because of the proximity of students.Like this content? Check out Fresh Listings. It's our review of the most compelling new listings to hit the Boulder and Denver real estate market | Subscribe Osman Parvez is the [...]
7401 Deerfield Road [Notable Sale]
LONGMONT NOTABLE SALE: 7401 Deerfield Road | $1.9M Why Is It Notable? Tucked away, on a quiet country road off 73rd Street, lies a cluster of six luxury homes, all on generous multi-acre lots, with views over Lagerman Reservoir. It's a little honeypot location, only a few minutes from the restaurants in Niwot and close enough to Boulder that the commute is quite tolerable. Constructed in the mid 90's, 7401 Deerfield Road is a four bedroom, five bath home with about 6,200 F.SQFT, sitting on a 4+ acre lot. It has desirable "sizzle" features like an in-ground pool and indoor hot tub, formal dining room, and professional [...]
