NOT LISTED FOR SALE

1163 Drake Cir Colorado Springs, CO 80915

Rustic Hills Neighborhood

Estimated Value: $349,000 - $385,000

3 Beds
2 Baths
1,040 Sq Ft
$354/Sq Ft Est. Value

About This Home

This home is located at 1163 Drake Cir, Colorado Springs, CO 80915 and is currently estimated at $368,024, approximately $353 per square foot. 1163 Drake Cir is a home located in El Paso County with nearby schools including Wilson Elementary School, Sabin Middle School, and Mitchell High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2021
Sold by
Lutz Duane K
Bought by
Smith Mark D
Current Estimated Value
$373,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Outstanding Balance
$147,470
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$226,287

Purchase Details

Closed on
Nov 10, 2017
Sold by
The Arlene L Smith Trust
Bought by
Smith Mark D and Lutz Duane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2004
Sold by
Smith Arlene L
Bought by
Smith Arlene L and Arlene L Smith Family Trust

Purchase Details

Closed on
May 15, 2000
Sold by
Thorne Betty A and Thorne Thomas N
Bought by
Smith Arlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,505
Interest Rate
8.19%

Purchase Details

Closed on
Nov 27, 1995
Sold by
Mulock Brian J and Meredith Mulock E
Bought by
Thorne Betty A and Thorne Thomas N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
7.36%

Purchase Details

Closed on
Sep 30, 1994
Sold by
Pianalto Burton M and Pianalto Roberta R
Bought by
Mulock Brian J and Meredith Mulock E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 1985
Bought by
Lutz Duane K

Purchase Details

Closed on
Apr 1, 1980
Bought by
Lutz Duane K
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Smith Mark D -- Heritage Title Company
Smith Mark D $175,000 Heritage Title Co
Smith Arlene L -- --
Smith Arlene L $127,900 Land Title
Thorne Betty A $108,000 Land Title
Mulock Brian J $96,000 --
Lutz Duane K -- --
Lutz Duane K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Mark D $163,500
Previous Owner Smith Mark D $166,250
Previous Owner Smith Arlene L $23,000
Previous Owner Smith Arlene L $122,868
Previous Owner Smith Arlene L $121,505
Previous Owner Thorne Betty A $86,400
Previous Owner Mulock Brian J $96,000
Source: Public Records

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 $1,306 $26,520 -- --
2024 $1,193 $27,900 $4,150 $23,750
2023 $1,193 $27,900 $4,150 $23,750
2022 $1,046 $18,690 $3,340 $15,350
2021 $1,134 $19,220 $3,430 $15,790
2020 $1,089 $16,040 $3,000 $13,040
2019 $1,083 $16,040 $3,000 $13,040
2018 $949 $12,940 $2,380 $10,560
2017 $899 $12,940 $2,380 $10,560
2016 $710 $12,250 $2,310 $9,940
2015 $707 $12,250 $2,310 $9,940
2014 $696 $11,560 $2,310 $9,250
Source: Public Records

Map

Colorado El Paso County Colorado Springs 80915 Rustic Hills

1163 Drake Cir, Colorado Springs, CO

This home is located at 1163 Drake Cir, Colorado Springs, CO 80915 and is currently estimated at $368,024, approximately $353 per square foot. 1163 Drake Cir is a home located in El Paso County with nearby schools including Wilson Elementary School, Sabin Middle School, and Mitchell High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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