NOT LISTED FOR SALE

Estimated Value: $507,000 - $611,000

2 Beds
1 Bath
1,197 Sq Ft
$456/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $595,000 $497 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,013/month

195 Days on Market

Highlights

  • Views of Pikes Peak
  • Vaulted Ceiling
  • Wood Flooring
  • Property is near a park
  • Ranch Style House
  • Hiking Trails

About This Home

As of March 2024

Investor’s dream with immediate earnings potential, this 1901 built charmer comes complete with a separate studio cottage that can be rented long-term or short-term AirBnB for owner occupied house. All brand new furnishings purchased within the last 6 months, in house and cottage, are included down to linens and dishes, and make this a 100% turnkey investor play from Day 1. Beautiful ranch home on a tree-lined street in the heart of Colorado Springs near Patty Jewett and Old North End. This welcoming home offers a 12x6 covered front porch, cozy living room with a slate tile gas fireplace, dining room with bay window and built-ins, laundry room, master bedroom, second bedroom, and full bath with travertine floors. Updated kitchen with maple cabinetry, granite countertops, backsplash, and island. Home amenities include central air, hardwood floors throughout, wood trim around windows and panel doors, refrigerator, washer/dryer, new water heater and HVAC. This home is being sold with all furnishings currently on the property. Small (approx. 200 sf) unfinished partial basement for storage. Back patio 12x10. Guest cottage features 372 square feet with a private, separate entrance and open concept living room/bedroom/kitchen with a bath. Great mother-in-law suite or rental! Four parking spaces in back of the property. Views of Pikes Peak through mature trees, fenced backyard with BBQ grill and storage chest. Within walking distance to Patty Jewett Golf Course and Taylor Elementary School. Located close to Old North End, shopping and restaurants downtown, Colorado College campus, US Olympic Training Center, Memorial Hospital, and Shooks Run biking/hiking trails. Easy access to I-25. No HOA dues. Great historical features throughout this home. Fully furnished with amazing rental potential. Don't let this hidden gem in one of the oldest neighborhoods downtown get away!

Last Agent to Sell the Property

Craig Rogers

The Platinum Group Listed on: 08/23/2023

The Platinum Group

Last Buyer's Agent

Whitney Lewis

Lewis Embers Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,276

Year Built

  • Built in 1901

Lot Details

  • 7,427 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot

Property Views

  • Pikes Peak
  • Mountain

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,197 Sq Ft Home
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Partial Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Concrete Porch or Patio
  • Shed

Location

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

Schools

  • Taylor Elementary School
  • North Middle School
  • Palmer High School

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available

Community Details

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,276

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Total Bathrooms: 1
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 997
  • Fill Sq Ft Total: 1197
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Alley: Gravel
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range, Cook Top, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Type: Gas, Main Level, One
  • Floor Plan: Ranch
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: 9Ft + Ceilings, Crown Molding, Skylight (s), Vaulted Ceilings
  • Finished Sq Ft: 997
  • Sq Ft Total Bsmt: 200

Exterior Features

  • New Construction: Existing Home
  • Fence: Rear
  • Foundation Details: Partial Basement
  • Landscaped: All
  • Lot Type: Level, Mountain View, View of Pikes Peak
  • Lot Location: Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center
  • Out Buildings: Storage Shed, Other, See Prop Desc Remarks
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Frame

Garage/Parking

  • GarageAmenitities: None
  • Garage Type: None

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas, Telephone
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

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

Lot Info

  • Program Acres Total: 0.1705
  • Lot Size: 7425.0000

Tax Info

  • Flip Tax Amount: 1275.83
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Apr 1, 2024
Sold by
Marks Michael
Bought by
Marks Corrive and Marks Michael
Seller's Agent
Craig Rogers
The Platinum Group
Buyer's Agent
Whitney Lewis
Lewis Embers Real Estate
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%
Total Days on Market
195
Views
60
Current Estimated Value
$546,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,941
Avg. Annual Appreciation
-6.74%

Purchase Details

Listed on
Aug 23, 2023
Closed on
Mar 22, 2024
Sold by
1207 Custer Llc
Bought by
Marks Michael and Marks Suzanna
Seller's Agent
Craig Rogers
The Platinum Group
Buyer's Agent
Whitney Lewis
Lewis Embers Real Estate
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%
Views
60

Purchase Details

Closed on
Feb 1, 2016
Sold by
Milligan Sandra O and Jones Sandra O
Bought by
1207 Custer Llc

Purchase Details

Closed on
Dec 26, 2006
Sold by
Abromson Daniel
Bought by
Milligan Sandra O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 1998
Sold by
Leonard Anna C and Ragland Anna C
Bought by
Abromson Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
6.94%
Source: Public Records

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Range of Values:

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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
Marks Corrive -- None Listed On Document
Marks Michael $595,000 None Listed On Document
1207 Custer Llc $240,000 Unified Title Co
Milligan Sandra O $202,500 None Available
Abromson Daniel $116,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Custer Llc $423,500
Previous Owner Milligan Sandra O $162,000
Previous Owner Abromson Daniel R $91,500
Previous Owner Abromson Daniel $92,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $595,000 -0.8% $497 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $599,999 -2.4% $501 / Sq Ft
02/09/2024 02/09/24 Price Changed $615,000 -1.6% $514 / Sq Ft
01/20/2024 01/20/24 For Sale $625,000 0.0% $522 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/17/2023 12/17/23 For Sale $625,000 0.0% $522 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $625,000 0.0% $522 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $625,000 0.0% $522 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $625,000 -- $522 / 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
2024 $1,383 $31,390 $5,030 $26,360
2023 $1,383 $31,390 $5,030 $26,360
2022 $1,276 $22,800 $4,170 $18,630
2021 $1,384 $23,460 $4,290 $19,170
2020 $1,357 $20,000 $3,580 $16,420
2019 $1,350 $20,000 $3,580 $16,420
2018 $1,268 $17,280 $2,740 $14,540
2017 $1,201 $17,280 $2,740 $14,540
2016 $802 $13,830 $2,440 $11,390
2015 $799 $13,830 $2,440 $11,390
2014 $774 $12,870 $2,440 $10,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 2316559

Pikes Peak REALTOR® Services

APN: 64082-09-015