NOT LISTED FOR SALE

1145 Chiricahua Loop Colorado Springs, CO 80915

Cimarron Hills Neighborhood
8 Beds
4 Baths
3,666 Sq Ft
9,450 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $786,000 $214 Per Sq Ft

48 Days on Market

Highlights

  • Landscaped
  • West Facing Home
  • Level Lot
  • Forced Air Heating System

About This Home

As of August 2022

Don't miss this well-maintained 4 plex near Peterson Field! Upside in rents! All units can be increased immediately. Unit C will be increasing with upcoming new rental period. Two other units are month-to-month and one unit is vacant. Inventory remains low so come see this one as soon as possible. This 4 plex has been well maintained by the owner/landlord and has great rental history. One unit has been renovated and the other units are updated. The units have a functional layout with an open living room, dining room and kitchen area. All units have had furnaces replaced and some water heaters have also been replaced. The grounds are landscaped with low-water consumption landscaping, so cash flow isn't wasted on maintaining lawn areas. The exterior of the building is also low maintenance brick. The property contains newer windows (complete with a transferrable warranty) and a newer roof. Square footage is approximate. Buyer to verify square footage and condition. Seller and Listing agent are related.

Last Listed By

Paeleigh Reid

Reid Realty, Inc. License #100025605 Listed on: 06/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,029

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 9,450 Sq Ft Lot
  • West Facing Home
  • Landscaped
  • Level Lot

Home Design

  • Quadruplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Parking

  • 6 Parking Spaces
  • 6 Off-Street Spaces

Schools

  • Mcauliffe Elementary School
  • Swigert Middle School
  • Mitchell High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Connected
  • Shared Water Meter
  • Phone Available
  • Cable TV Available

Community Details

  • Cimarron Hills Subdivision

Listing and Financial Details

  • Exclusions: All tenants' personal items.
  • Tenant pays for cable TV, electricity, gas, internet
  • The owner pays for trash collection, water
  • Assessor Parcel Number 54071-16-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,029

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Bi-Level
  • Above Grade Price per Sq Ft: 428.81
  • Finished Price per Sq Ft: 214.40
  • Total Price per Sq Ft: 214.40
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 1833.00
  • Exclusions: All tenants' personal items.
  • Living Area: 3666.00
  • Offstreet Spaces: 6
  • P P A: 3572727.27
  • Projected Annual Net Income: 55404.00
  • Projected Gross Income: 64800.00
  • Submitted Prospect: Yes
  • Utility Metering: Common Water, Separate Electric, Separate Gas
  • Property Condition: Updated/Remodeled
  • Directions: From Powers Blvd. and Galley Rd., turn east on Galley Rd. Turn left on Western Dr. and head north to Western Pl. Make the first right on Chiricahua Loop. Property is on the right.
  • SubdivisionName: Cimarron Hills
  • Special Features: None

Interior Features

  • Basement: Daylight, Exterior Entry, Finished, Interior Entry/Standard, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 1833.00

Exterior Features

  • Direction Faces: West
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Brick, Frame

Garage/Parking

  • Total Parking Spaces: 6

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement

Schools

  • School District: Colorado Springs 11
  • Elementary School: McAuliffe
  • Middle School: Swigert
  • High School: Mitchell
  • Middle Or Junior School: Swigert

Lot Info

  • Parcel Number: 54071-16-003
  • Lot Size Acres: 0.22
  • Building Area Total: 3666.00
  • Lot Features: Landscaped, Level
  • Lot Size Sq Ft: 9450.00

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet

Multi Family

  • Unit Count: 1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2029.00

MLS Schools

  • Elementary School: McAuliffe
  • High School: Mitchell

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $786,000 -4.1% $214 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $820,000 -- $224 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Paeleigh Reid

    Reid Realty, Inc.

    (719) 510-4632

    2 in this area

    30 Total Sales

    Paeleigh Reid
    Section Image
  • Andrew Biegalski

    Buyer's Agent in 2022

    Andrew Biegalski

    Realty One Group Apex

    (719) 252-3025

    2 in this area

    48 Total Sales

    Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 3683280

REcolorado®

APN: 54071-16-003

Colorado El Paso County Colorado Springs 80915 Cimarron Hills

1145 Chiricahua Loop, Colorado Springs, CO

Homes for Sale in Colorado Springs, CO

This home is located at 1145 Chiricahua Loop, Colorado Springs, CO 80915 since 24 June 2022. This property was built in 1983. 1145 Chiricahua Loop is a home located in El Paso County with nearby schools including Mcauliffe Elementary School, Jack Swigert Aerospace Academy, and Mitchell High School.

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