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1560 Sumac Ave, Boulder, CO, 80304

$4,300,000

0.94 Acres
Land
Schools Nearby

Location

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Property Highlights

MLS #1003054
Lot Size0.94 Acres
StatusActive

About 1560 Sumac Ave

Incredible opportunity to purchase one of the largest properties left in the heart of coveted North Boulder! With 40,897sqft and zoned RL-1, there is precedent directly adjacent for a 4 lot subdivision (a new study supports the possibility of a 5th lot!) OR build your dream home among some of the finest residences in town with neighboring homes pushing the $10m mark. Endless southern exposure with unobstructed view corridors across the riparian corridor to the Foothills and Flatirons beyond. Coburn Architecture is conducting a feasibility study which is available upon request. The property is annexed (surveys in additional docs) but not yet subdivided. All of the heavy lifting has been done while maintaining the ultimate flexibility...family compound, custom single family or multi-residence enclave...you decide! Buyer to verify all current and future entitlements.

Property Details

Property Features

Listing Office:

  • Office Name: The Agency - Boulder
  • Office Phone: (720) 577-5503
  • Listing Agent: Jay Hebb

Lot Features

Lot Information:

  • Lot Size: 0.94 Acres

School Info

Assigned Schools Information:

  • Boulder High School, Public District Grades 9-12
  • Centennial Middle School, Public District Grades 6-8
  • Crest View Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,300,000

Tax Information:

  • Annual Amount: $32,564
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Boulder, CO.

Med. Sold Price

$965.4K

Med. Price/SqFt

$534

Avg. Days On Market

58

# of Sold Homes

104

1560 Sumac Ave vs Boulder

46 DAYS ON ROCKET

-12 Days

$4,300,000

+$3.3M More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price in Boulder, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IRES MLS
  • MLS Number: #1003054

Listing Office:

  • Office Name: The Agency - Boulder
  • Office Phone: (720) 577-5503
  • Listing Agent: Jay Hebb

IDXInformation source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright © 2024 IRES

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Broker Reciprocity is the current compilation of active listings of all Broker Reciprocity subscribers except those listings where the seller or the seller’s agency has opted out of Internet publication by so indicating on the listing contract or by written notice to the Multiple Listing Service. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

Note: Any Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/29/2024, 11:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 05, 2006Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
2020$32,564$374,100
2019$22,754$374,100
2018$22,042$262,450
2017$18,928$262,450

History based on county public records data.

Payment Calculator

$21.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.9K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7926523
5
/10
  • Crest View Elementary School

  • 1897 Sumac Ave

  • 0.20 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7926524
5
/10
  • Centennial Middle School

  • 2205 Norwood Ave

  • 0.62 miles

  • Public District Grades 6-8

High School

school-card-donut-7926525
8
/10
  • Boulder High School

  • 1604 Arapahoe Ave

  • 2.52 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $101,025. Residents of Boulder, CO typically earn between $100k-200k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Moores, Boulder

What type of housing is available in Moores, Boulder?

The large proportion of single detached homes in the housing stock of Moores is an important part of its character. The median year of construction for houses in this neighborhood is 1989. Although this part of the city is notable for those looking for four or more bedroom homes. Homeowners occupy roughly 85% of the properties in Moores while renters occupy the remainder.

Is Moores, Boulder a good place to live?

Moores is very good for those who prefer quiet surroundings, as noise from streets and other parts of the city is rarely an issue.

Are things conveniently located in Moores, Boulder?

It is straightforward to access the nearest grocery store by walking in Moores. With regards to education, in this part of the city, residents will typically be able to get to both primary and secondary schools by walking.

What does the transportation in Moores, Boulder look like?

Commuting by car is straightforward in Moores. Finding a parking spot is easy. In contrast, this part of the city is not very transit friendly. Moores is not particularly convenient for walking since many daily needs are occasionally difficult to meet without the use of a car.

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Frequently Asked Questions About 1560 Sumac Ave

What is the listing price of this property?

The listing price of 1560 Sumac Ave property is $4,300,000.

What type of property is this?

The property 1560 Sumac Ave is land located in Boulder, Colorado, 80304.

Is this property for sale now?

Active Listing: 1560 Sumac Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1560 Sumac Ave are:
Crest View Elementary School: GreatSchools Rating 5/10
Centennial Middle School: GreatSchools Rating 5/10
Boulder High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $32,564 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 5, 2006 for $800,000. (source: MLS/tax record).

How much acreage is this property?

The property 1560 Sumac Ave is 0.94 acres.
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Rocket HomesColoradoBoulder CountyBoulder803041560 Sumac Ave

This home is located at 1560 Sumac Ave in Boulder, CO and zip code 80304 in the Moores neighborhood. This home sits on a 0.94 acre lot. It has been listed on Rocket Homes since February 11, 2024 and is currently priced at $4,300,000.

In February 2024 more than 23 listings in Boulder, CO were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 61 were sold below. The number of listings in Boulder, CO increased by 30.1% between January 2024 and February 2024. In February 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $965,444.

From Rocket Homes Real Estate and based on county public records data.

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