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1050 55th Street

1050 55th Street, Boulder, CO 80303
Property in Meadow Glen
Sold Jun 04, 2002
$300,000
$553,000 by Cherry Creek Mortgage Co Inc
Mortgage Due May 01, 2050
Sold Feb 02, 1993
$114,000
1050 55th Street has been categorized by the local assessors in Boulder, CO as a residential type of property. The building on the property was first built in 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1050 55th Street has 2,082 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,387 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 552 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of a combination of material. While the interior walls have been made of plaster. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1050 55th Street sold most recently in May 28, 2002 for a total of $300,000. If you work out the math, that's approximately a cost of $113.90 per sqft. Before that, the property was also sold for $114,000 in Feb 2, 1993. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,373 in taxes each year. 1050 55th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,719. If we break it down further, the land itself was valued at $49,087. Improvements to the property, however, were assessed at a total of $19,632. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Interior Walls Type: Plaster
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 12,387
  • Total Building Area: 2,634
  • Gross Building Area: 2,634
  • Building Area: 2,082
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,082
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TR, NBR 142, 146, 148
  • Land Acres: 0.284
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: TR 4698 34-1N-70 LESS TO CITY OF BOULDER PER DEED 1744078

Ownership

  • Current Owner : PINE DEREK A
  • Previous Owner : CLOMAN CARROLL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012710

Geography

  • Assessors Map Reference: B18-J
  • Account Number: R0037191
  • Subdivision Tract Number: 4698
  • Parcel: R0037191
  • Lot: 5
  • Meridian: SEC 34 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0057
  • Longitude: -105.225

    Address

  • Full Address: 1050 55th St
  • Address - House Number: 1050
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Boulder
  • Carrier Code: C034
  • 4-Digit Zip Code: 2930
  • Zip Code: 80303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,373
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 1,096,193
  • High Value: 1,278,022
  • Low Value: 914,363

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $678,000
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Apr 29, 2020
  • First Open Lien Mortgage Loan Amount: $553,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050
  • Second Open Lien Mortgage Lender: BBVA USA
  • Second Open Lien Mortgage Recording Date: Mar 18, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $125,000
  • Second Open Lien Mortgage Term: 297
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 14, 2046

    Market Valuation

  • Market Total Value: $1,015,800
  • Market Land Value: $725,600
  • Market Improvement Value: $290,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,719
  • Assessed Land Value: $49,087
  • Assessed Improvements Value: $19,632

    Sales

  • Current Sale Contract Date: May 28, 2002
  • Current Sale Recording Date: Jun 04, 2002
  • Current Sale Transaction ID: 1100223420
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2293964
  • Previous Sale Recording Date: Feb 02, 1993
  • Previous Sale Contract Date: Feb 02, 1993
  • Previous Sale Amount: $114,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER MTG GROUP LLC
  • First Mortgage Transaction Date: Jun 04, 2002
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jul 01, 2007

About East Boulder



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Frequently Asked Questions

What neighborhood is 1050 55th Street located in?
The 1050 55th Street is a located in the neighborhood of Meadow Glen in East Boulder, Boulder.
What is the average sales price for listings in 1050 55th Street?
The average sales price for units in 1050 55th Street is $0 currently.

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