Flatirons

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Flatirons
Property Tax Assessments

I've been getting a lot of calls and emails about recent property valuations. As you may have noticed, the valuations are aggressive. This is not surprising since during the study period for tracking values (January 1, 2013 - June 30, 2014), the median price of single family homes in the city of Boulder was up 22.8%, Louisville was up 28.4%, Lafayette was up 14.6%, Longmont was up 16.7% and Superior was up 13.9%. The new valuation is a starting point for calculating property taxes for the next two years. If you think your assessment is inaccurate, you have until June 1 to appeal. Take these steps first:

 

1) Make sure the assessor's objective information is accurate.

Check the square footage, number of bedrooms and bathrooms.  

 

2) Investigate comparable properties.

It's not uncommon for the assessor to base value on unsuitable comparable properties. If you think this may be the case, call me asap and I will assemble a better set of comps for you. 

Area Real Estate Sales
For more sales statistics, go to richgribbon.com

 

 


Median
Sales  

Price

% of  

List Price

Average  

Days
to Sale

 

Residential

 

 

 

 

 

Boulder

720,000

97.91

  80       

 

 

Louisville 

499,500

99.47

  65

  

 

Lafayette

413,000

99.67

  88     

 

 

Longmont

285,000

99.08

  72       

 

 

Gunbarrel

492,000

97.80

  85         

 

 

Niwot

635,000

96.21   

 110


 

Superior

472,000

99.16

  69 

 


Broomfield

373,860

99.15

  75     


Erie

390,000

99.12

  84     

 

Mountains

390,000

96.70

 122

 

Condos/Townhomes

 

 

 

 

 

Boulder

295,000

99.07

 81      

 

 

Louisville

305,500

101.8

102

 

 

Lafayette

259,000

100.8

 87         

 

 

Longmont

202,000

99.76

 63          

 

 

Gunbarrel

189,125

100.0

 46          

 

 

Superior

222,500

99.62

 59

 








 Source:  Information Real Estate Services 

Whittier/Mapleton Hill Garden Tour 
June 6, 10am - 3pm
I'm proud to again sponsor the Whittier-Mapleton Hill Garden Tour. This self-guided walking tour includes private gardens in two of Boulder's prized neighborhoods. The tour benefits Whittier International School, a public elementary in the heart of Boulder (my daughter is an alum). Tickets and info www.WhittierGardenTour.com 

MAY 2015

Interest Rates

 

30 year fixed conforming 3.875%

 

5/1 ARM conforming 2.75%

 

7/1 ARM conforming 3.0%

 

30 year fixed jumbo 3.75%

 

5/1 ARM jumbo 2.625%

 

7/1 ARM jumbo 2.875%

  

Rates provided by
Portia Noel at Premier Mortgage Group at (303) 302-3907

Contact me for:
 
Buying & Selling. 
 

Refinancing. 

 

Leveraging equity to buy investment property.

 

1031 Exchange.

 

Real estate as a retirement strategy. 

 

Using your IRA for real estate investing.

 

Real estate for college savings.  

 

Buying real estate for college-age children to live in while at school.

 

Helping parents relocate or transition to a new housing situation.

 

Purchasing vacation property in ski country, tropics or other resorts.

 

Finding a quality realtor for transactions outside our market.

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2425 Canyon Blvd. Suite 110 Boulder, CO 80302
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