NOT LISTED FOR SALE

Estimated Value: $396,000 - $558,000

3 Beds
1 Bath
1,700 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $350,000 $206 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,585/month

37 Days on Market

Highlights

  • Property is near a park
  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Wood Flooring
  • Corner Lot
  • 5-minute walk to Acacia Park

About This Home

As of August 2023

This is a unique opportunity in a fantastic location. This historic 3-bedroom, 1-bathroom property with two offices is in the heart of the downtown Colorado Springs Business District. This 1700 sqft building, ripe for modernization, holds vast potential for investors or business owners.

This property exudes historic character, with each room offering a peek into the past and a canvas for future innovation. The offices are ideal for remote workspaces, showcasing the property's versatility.

Located in an FBZ district, this site supports the growth of a dynamic, mixed-use, pedestrian-friendly environment. FBZ promotes high-quality urban form and a diversity of complementary uses, creating animated streets and vibrant public spaces.

Surrounded by bustling city life, with restaurants, boutiques, and parks nearby, this location promotes thoughtful development that upholds historical charm while enhancing the local socio-economic landscape.

Investing in this property means investing in Colorado Springs' past and future. The site's potential for commercial use, rental, or resale is immense. Take this chance to be part of the city's evolving story, where community, heritage, and urban life intermingle seamlessly.

Last Agent to Sell the Property

Jennifer Boylan

Springs Homes Inc Listed on: 06/02/2023

Last Buyer's Agent

Mimi Bowden

Bowden Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $537

Year Built

  • Built in 1889

Lot Details

  • 3,698 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital

Schools

  • Columbia Elementary School
  • North Middle School
  • Palmer High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen

Home Details

Home Type

Single Family

Est. Annual Taxes

$537

Year Built

Built in 1889

Lot Details

0

Parking

1

Listing Details

  • Total Bathrooms: 1
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 768
  • Fill Sq Ft Total: 1700
  • Year Built: 1889
  • Special Features: None

Interior Features

  • Alley: Gravel
  • Appliances: 220v in Kitchen, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Type: None
  • Floor Plan: 2 Story
  • Flooring: Carpet, Wood
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1518
  • Sq Ft Total Bsmt: 182

Exterior Features

  • New Construction: Existing Home
  • Fence: None
  • Foundation Details: Partial Basement
  • Landscaped: Front
  • Lot Type: Corner, Level
  • Lot Location: Near Hospital, Near Park, Near Public Transit
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Frame

Garage/Parking

  • Driveway: Gravel
  • Garage Spaces: 1
  • Garage Type: Detached

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Colorado Springs 11
  • Elementary School: Columbia
  • Middle School: North
  • High School: Palmer
  • Elementary School: Columbia
  • High School: Palmer
  • Middle Or Junior School: North
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.0849
  • Lot Size: 3700.0000

Tax Info

  • Flip Tax Amount: 537.20
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 7, 2023
Sold by
Enright Patrick J
Bought by
Avion Janet Ann Ohare and Avion Orlondo Ohare
Seller's Agent
Jennifer Boylan
Springs Homes Inc
Buyer's Agent
Mimi Bowden
Bowden Properties LLC
List Price
$410,000
Sold Price
$350,000
Premium/Discount to List
-$60,000
-14.63%
Views
54
Current Estimated Value
$466,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,907
Avg. Annual Appreciation
14.56%
Original Mortgage
$332,500
Outstanding Balance
$324,781
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$142,126

Purchase Details

Closed on
Jul 2, 1992
Bought by
Enright Patrick J

Purchase Details

Closed on
Jun 1, 1977
Bought by
Enright Patrick J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Avion Janet Ann Ohare $350,000 Land Title Guarantee Company
Enright Patrick J -- --
Enright Patrick J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avion Janet Ann Ohare $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Off Market $350,000 -- --
08/14/2023 08/14/23 Sold $350,000 -10.2% $206 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
07/05/2023 07/05/23 Price Changed $389,900 -2.4% $229 / Sq Ft
06/22/2023 06/22/23 Price Changed $399,500 -2.6% $235 / Sq Ft
06/02/2023 06/02/23 For Sale $410,000 -- $241 / Sq Ft
Source: Pikes Peak REALTOR® Services

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,322 $26,260 -- --
2024 $1,209 $28,190 $4,290 $23,900
2022 $537 $16,550 $3,980 $12,570
2021 $582 $17,020 $4,090 $12,930
2020 $501 $14,530 $3,150 $11,380
2019 $498 $14,530 $3,150 $11,380
2018 $404 $11,010 $2,380 $8,630
2017 $383 $11,010 $2,380 $8,630
2016 $311 $10,730 $2,190 $8,540
2015 $310 $10,730 $2,190 $8,540
2014 $304 $10,120 $2,100 $8,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 3546710

Pikes Peak REALTOR® Services

APN: 64182-05-002