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Sold on 06/09/2021
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505 E Simpson St, Lafayette, CO 80026

$816,000

Last sold 06/09/2021 for $672K

  • —

    bed

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    bath

Multi-family not for sale
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About 505 E Simpson St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Rental estimate
Property description
Sold off market. Listing for comp purposes. Unit A in front is the original house which is 3 beds, 1 bath, all on one level and currently rents for $1400/mo. Unit B was added on in 1990 and is 2 bedrooms and 1.5 baths and currently rents for $1200/mo. Both units appear to be under rented in today's market. 2 car detached garage, plus 1 car garage which is used for storage only. Property is in good condition, but both units are dated.
Listed by
Listing Agent - Adrienne Custode
Listing Agent Contact: 3035790400
Listing Office - Casabella Realty
Source: IRESMLS mls logo
MLS#942800 • last updated 1 year ago
Movoto checked IRESMLS for data 18 minutes ago
Overview
Heating Forced Air
Levels/Style Two
MLS # 942800
Type Residential Income
Status Sold
SubType Single Family Residence
Lot Size (Acres) 0.16
Annual Tax 3129
Interior
Basement Built-In Radon
Window Features Window Coverings
Exterior
Roof Composition
Construction Frame
Patio & Porch Patio
Lot Features Paved
Fencing Chain Link
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available
Electricity Xcel
Water Source City, District
Location
County Boulder
Subdivision Lafayette O T
Middle School Angevine
High School District Boulder Valley Dist RE2
APN R0020460
Multifamily Details
Tenant Pays Deposit, Gas, Electricity
Total # of Units 2
Cap Rate -0.08
Operating Expense 3129
Gross Income 2600
Lot/ Land Details
Possible Use Single Family, Multi-Family
$816K
Range: $726K-$905K
Last 30 days 
Rental est.: $1,521/month
Gross rent multiplier: 36.8
  • Jun 2021
    Public Records
  • Jun 9, 2021 Sold
    $672,000
  • May 2021
    mls logo MLS # 942800
  • May 1, 2021 Sold
    $672,000
  • May 1, 2021 Listed
    $672,000
  • May 2021
    mls logo MLS # IR942800
  • May 1, 2021 Sold
    $672,000
  • Year Property taxes Tax assessment
  • 2025
    $4,085 +1.2%
    $42,863 -5.93%
  • 2024
    $4,038 +1.7%
    $45,567 +39.96%
  • 2023
    $3,969 +29.8%
    $32,558
  • 2022
    $3,058 -1.1%
    $32,558 +9.3%
  • 2021
    $3,092 +13.6%
    $29,787
  • 2020
    $2,722 +1.4%
    $29,787
  • 2019
    $2,685 +1.1%
    $29,787 +2.35%
  • 2018
    $2,657 +70.1%
    $29,102 -9.55%
  • 2016
    $1,562 +6.7%
    $32,174
  • 2015
    $1,464
    —
  • 505 E Simpson St
    $672K
  • Old Town
    $650K +6% y/y
  • 80026
    $650K -13% y/y
  • Lafayette
    $650K -13% y/y
No chart available
Statistics calculated by Movoto

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5/10
Sanchez Elementary School
public Grades PK, K-5
Boulder Valley Re 2 School District
5/10
Angevine Middle School
public Grades 6-8
Boulder Valley Re 2 School District
7/10
Centaurus High School
public Grades 9-12
Boulder Valley Re 2 School District
Source: GreatSchools.org © 2026. All rights reserved.

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