1116 E Fountain Blvd Colorado Springs, CO 80910
Hillside/East Lake NeighborhoodEstimated Value: $339,000 - $396,000
4
Beds
2
Baths
1,650
Sq Ft
$218/Sq Ft
Est. Value
About This Home
As of March 2023Wow- what an opportunity to own a great duplex centrally located in Co Springs with NO HOA! Live in one side and rent
the other, or this can be a total investment to start building your portfolio, in a growing area! Investor special or put your
elbow grease into continuing to update it as you please! These units were updated in the past years AND the entire roof
has been recently replaced with high end impact resistant shingles (Dec 2022)!! Just about everything is new with
upgrades throughout both 2 bedroom 1 Bathroom units. All appliances are included in both units! And they both have onsite laundry, (stackable washer and dryer), which is rare for the area. Refrigerator, dishwasher, new disposal, gas range
and microwave oven are included and complement the new bathroom, new flooring, new kitchen and countertops
throughout. This unit has off street parking in the rear off an alleyway driveway and a fenced yard with plenty of privacy,
great for entertaining in the backyard. The location is very central and it will make your commute to downtown easy,
convenient and fast, not to mention, there are great views of the mountains and the city! Within minutes, you can be at
many different parks (Fountain park is 2 blocks away), lots of shopping and schools are nearby. The open floor plan is
perfect for any lifestyle. Bring your imagination, and by adding some updates, the units will be sure to shine. The units
have rented well, and rental history can be provided. This home is low maintenance and will be the perfect place to call
home! We are ready for your offer! NO SHOWINGS UNTIL FRIDAY. 1/13 10-2:45pm -unit 1118 only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,098
Year Built
- Built in 1954
Lot Details
- 6,599 Sq Ft Lot
- Back Yard Fenced
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Stucco
Kitchen
- Oven
- Microwave
- Disposal
Laundry
- Dryer
- Washer
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2023
Closed on
Mar 3, 2023
Sold by
Stoyell Brett W
Bought by
Mccarthy Brennan and Mccarthy Rachel
Seller's Agent
Andra Berzins
Keller Williams Integrity Real Estate LLC
Buyer's Agent
Jacob Mueller
Renjoy Real Estate
List Price
$425,000
Sold Price
$417,000
Premium/Discount to List
-$8,000
-1.88%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,843
Avg. Annual Appreciation
-6.28%
Original Mortgage
$354,450
Outstanding Balance
$345,297
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$14,860
Purchase Details
Closed on
Jun 24, 2013
Sold by
Big Rock Remodeling Llc
Bought by
Stoyell Brett W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.54%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 24, 2012
Sold by
Fannie Mae
Bought by
Big Rock Remodeling Llc
Purchase Details
Closed on
May 8, 2012
Sold by
Sherman Richard L
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Apr 3, 2006
Sold by
Cushman Deborah Elizabeth
Bought by
Sherman Richard L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
6.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 1, 1986
Bought by
Stoyell Brett W
Purchase Details
Closed on
Aug 1, 1978
Bought by
Stoyell Brett W
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccarthy Brennan | $417,000 | -- | |
| Stoyell Brett W | $120,000 | Heritage Title | |
| Big Rock Remodeling Llc | $60,000 | Assured Title | |
| Federal National Mortgage Association | -- | None Available | |
| Sherman Richard L | $134,000 | Landamerica | |
| Stoyell Brett W | -- | -- | |
| Stoyell Brett W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccarthy Brennan | $354,450 | |
| Previous Owner | Stoyell Brett W | $200,000 | |
| Previous Owner | Stoyell Brett W | $90,000 | |
| Previous Owner | Sherman Richard L | $107,200 | |
| Previous Owner | Sherman Richard L | $13,400 | |
| Previous Owner | Cushman Deborah Elizabeth | $102,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2023 03/06/23 | Sold | -- | -- | -- |
| 01/20/2023 01/20/23 | Off Market | $425,000 | -- | -- |
| 01/11/2023 01/11/23 | For Sale | $425,000 | -- | $258 / Sq Ft |
Source: Pikes Peak REALTOR® Services
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,047 | $25,230 | $3,510 | $21,720 |
| 2022 | $989 | $17,680 | $3,180 | $14,500 |
| 2021 | $1,098 | $18,600 | $3,350 | $15,250 |
| 2020 | $995 | $14,660 | $2,570 | $12,090 |
| 2019 | $990 | $14,660 | $2,570 | $12,090 |
| 2018 | $798 | $10,870 | $1,940 | $8,930 |
| 2017 | $755 | $10,870 | $1,940 | $8,930 |
| 2016 | $611 | $10,540 | $1,790 | $8,750 |
| 2015 | $609 | $10,540 | $1,790 | $8,750 |
| 2014 | $587 | $9,760 | $1,670 | $8,090 |
Source: Public Records
Agents Affiliated with this Home
-
Andra Berzins
Seller's Agent in 2023
Andra Berzins
Keller Williams Integrity RE
(720) 838-3765
1 in this area
173 Total Sales
Map
Source: Pikes Peak REALTOR® Services
MLS Number: 2896081
APN: 64201-05-009
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