$265,000
SOLD MAR 21, 2025
-- Bed
-- Bath
864 Sq Ft
2,762 Sq Ft Lot

Recently Sold

$307 Per Sq Ft

15% Below List Price

161 Days on Market

About This Home

As of March 2025

Great investment opportunity with this duplex. Rent both units or live in one and rent the other. duplex has excellent rental history. Both units currently leased. Each unit has 1 bd, 1 bath, 1 off-street parking space, approx.432 sq ft. and enclosed rear yard. Large storage shed. Convenient location near Ft Carson, Pikes Peak State College. I-25, Hwy 115, grocery, restaurants, theaters and World Arena.

Last Agent to Sell the Property

Mike Nicks

Allen Realty Brokerage Phone: 719-685-0707 Listed on: 09/04/2024

Co-Listed By

Blake Allen

Allen Realty Brokerage Phone: 719-685-0707

Last Buyer's Agent

Steve Prewitt

Prewitt Group Real Estate Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $789

Year Built

  • Built in 1962

Lot Details

  • 2,762 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 864 Sq Ft Home
  • Ceiling Fan
  • Electric Dryer Hookup

Utilities

  • Wall Furnace

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$789

Year Built

Built in 1962

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1962
  • Attribution Contact: 719-685-0707
  • UnitTotalSQFT: 864
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator

Exterior Features

  • New Construction: Existing
  • Fence: Rear
  • Foundation Details: Slab
  • Structure: Concrete Block

Garage/Parking

  • ParkingSpacesNumberOf: 2

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected
  • Hot Water: Assoc/Distr

Schools

  • School District: Harrison-2
  • School District: Harrison-2

Lot Info

  • Program Acres Total: 0.0634
  • Lot Size: 2760.0000

Tax Info

  • Flip Tax Amount: 789.49
  • Tax Year: 2023

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Mar 24, 2025
Sold by
Allen Blake
Bought by
Essington Nathaniel and Essington Meredith Brooke
Seller's Agent
Mike Nicks
Allen Realty
Buyer's Agent
Steve Prewitt
Prewitt Group Real Estate Advisors
List Price
$310,000
Sold Price
$265,000
Premium/Discount to List
-$45,000
-14.52%
Views
82
Current Estimated Value
$265,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137
Avg. Annual Appreciation
0.11%
Original Mortgage
$198,750
Outstanding Balance
$198,078
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$67,059

Purchase Details

Closed on
Mar 29, 2024
Sold by
Allen Blake and Allen Rene
Bought by
Allen Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2018
Sold by
Rental Linvestments 3390 Llc
Bought by
Allen Blake

Purchase Details

Closed on
Feb 26, 2018
Sold by
Rickett Dawn C
Bought by
Rental Investments 3390 Llc

Purchase Details

Closed on
Sep 12, 1991
Bought by
Rickert Dawn C

Purchase Details

Closed on
Apr 30, 1991
Bought by
Rickert Dawn C

Purchase Details

Closed on
Apr 5, 1991
Bought by
Rickert Dawn C

Purchase Details

Closed on
Oct 1, 1989
Bought by
Rickert Dawn C

Purchase Details

Closed on
Oct 1, 1984
Bought by
Rickert Dawn C

Purchase Details

Closed on
Sep 1, 1982
Bought by
Rickert Dawn C
Source: Public Records

Similar Homes in Colorado Springs, CO

  • 1510 S Wahsatch Ave, Colorado Springs, CO 80905

    $340,000

    • 3 Beds
    • 2 Baths
    • 1,728 Sq Ft
    • 1510 S Wahsatch Ave
    • Colorado Springs, CO

    This income-producing duplex features two distinct units—one with 1 bedroom and the other with 2 bedrooms—offering flexibility for renters or owner-occupants. The freshly painted exterior adds inviting curb appeal, while the spacious lot provides room for a potential future ADU build.Ideally located in the South Nevada Urban Renewal area, this property is poised for appreciation and

    Christopher Morrison Action Team Realty

    Section Image
  • 320 May Dr, Colorado Springs, CO 80905

    $320,000

    • 2 Beds
    • 2 Baths
    • 1,161 Sq Ft
    • 320 May Dr
    • Colorado Springs, CO

    Duplex Investment Opportunity – Prime Location Near I-25This duplex offers two separate 1-bedroom, 1-bathroom units, each with its own private entrance. Recent updates include a brand new roof, new gutters, and fresh exterior paint—providing peace of mind and curb appeal for years to come. This lot also has space for a future ADU build. Located in the South Nevada Urban Renewal

    Christopher Morrison Action Team Realty

    Section Image
  • 357 Fairway S, Colorado Springs, CO 80906

    $315,000

    • 4 Beds
    • 2 Baths
    • 357 Fairway S
    • Colorado Springs, CO

    Investment opportunity available close to Fort Carson and NORAD. Tenants are Month to Month. Each unit has 2 Bedrooms and 1 bath. One unit has shed and washer and dryer- the other unit does not. New roof & gutters in December 2023, new plumbing. Tenant pays Gas, Electric and Trash. Landlord pays Water.

    Meagan Kroeze Curtis Ryan Properties, LLC

    Section Image
  • 203 University Dr, Colorado Springs, CO 80910

    $310,000

    • 3 Beds
    • 2 Baths
    • 1,742 Sq Ft
    • 203 University Dr
    • Colorado Springs, CO

    This duplex is house-hack ready! Move into one unit and rent out the other or purchase as an investment for long term cash flow. This duplex is top/bottom living with some beautiful touches in one unit and the other provides an opportunity to remodel for forced appreciation and future built in equity into the property. Centrally located in town means it's close to major shopping centers and

    Colin Smith Solid Rock Realty

    Section Image
  • 940 S Sierra Madre St, Colorado Springs, CO 80903

    $299,900

    • 4 Beds
    • 2 Baths
    • 1,568 Sq Ft
    • 940 S Sierra Madre St
    • Colorado Springs, CO

    Fantastic opportunity for both owner-occupants and investors alike! This well-situated duplex sits just outside downtown on a generously sized lot with ample off-street parking. One unit is already rented, providing instant income from day one, while the second unit offers the option to live in or rent out for additional cash flow.With downtown’s continued growth, you’ll enjoy convenient

    Patrick Muldoon Muldoon Associates Inc

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $265,000 Wfg National Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $155,000 Land Title Guarantee Co
Special Warranty Deed $125,000 Land Title Guarantee Co
Deed $10,500 --
Deed $17,700 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,750 New Conventional
Previous Owner $6,500,000 New Conventional
Previous Owner $1,000,000 Commercial
Previous Owner $450,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $265,000 -5.4% $307 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
11/23/2024 11/23/24 Price Changed $280,000 -5.1% $324 / Sq Ft
11/18/2024 11/18/24 Price Changed $295,000 -1.3% $341 / Sq Ft
09/13/2024 09/13/24 Price Changed $299,000 -3.5% $346 / Sq Ft
09/04/2024 09/04/24 For Sale $310,000 -- $359 / 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 $1,233 $19,460 -- --
2024 $855 $19,460 $3,580 $15,880
2023 $855 $19,460 $3,580 $15,880
2022 $615 $9,160 $1,820 $7,340
2021 $659 $9,630 $1,920 $7,710
2020 $600 $7,690 $1,670 $6,020
2019 $580 $7,690 $1,670 $6,020
2018 $429 $5,490 $1,680 $3,810
2017 $353 $5,490 $1,680 $3,810
2016 $356 $5,250 $1,860 $3,390
2015 $356 $5,250 $1,860 $3,390
2014 $326 $4,770 $1,430 $3,340
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pikes Peak REALTOR® Services

MLS Number: 5064744

Pikes Peak REALTOR® Services

APN: 65044-03-050