1207 Richards Ave Colorado Springs, CO 80905
Stratton Meadows NeighborhoodEstimated Value: $292,495 - $311,000
            
                3
                Beds
            
            
            
                1
                Bath
            
            
            
                894
                Sq Ft
            
            
                
                    $334/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1207 Richards Ave, Colorado Springs, CO 80905 and is currently estimated at $298,374, approximately $333 per square foot. 1207 Richards Ave is a home located in El Paso County with nearby schools including Stratton Meadows Elementary School, Fox Meadow Middle School, and Harrison High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jul 21, 2021
            
        
                Sold by
            
            
                Hpa Us2 Llc
            
        
                Bought by
            
            
                Hpa Ii Borrower 2021 1 Llc
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $414,586,005
            
        
                Outstanding Balance
            
            
                $376,745,113
            
        
                Interest Rate
            
            
                3%
            
        
                Mortgage Type
            
            
                Commercial
            
        
                Estimated Equity
            
            
                -$376,446,739
            
        Purchase Details
                Closed on
            
            
                Oct 29, 2020
            
        
                Sold by
            
            
                Harrison Grace and Harrison James
            
        
                Bought by
            
            
                Hpa Us2 Llc
            
        Purchase Details
                Closed on
            
            
                Apr 18, 2018
            
        
                Sold by
            
            
                Viola Sydney A
            
        
                Bought by
            
            
                Harrison Grace and Harrison Jamea
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $176,000
            
        
                Interest Rate
            
            
                3.87%
            
        
                Mortgage Type
            
            
                Adjustable Rate Mortgage/ARM
            
        Purchase Details
                Closed on
            
            
                Apr 10, 2008
            
        
                Sold by
            
            
                Stonecrest Enterprises Inc
            
        
                Bought by
            
            
                Bonicelli Nicholas A
            
        Purchase Details
                Closed on
            
            
                Jun 2, 2005
            
        
                Sold by
            
            
                The Archuleta Trust
            
        
                Bought by
            
            
                Muth Dustin M
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $78,000
            
        
                Interest Rate
            
            
                7.75%
            
        
                Mortgage Type
            
            
                Fannie Mae Freddie Mac
            
        Purchase Details
                Closed on
            
            
                Dec 5, 2003
            
        
                Sold by
            
            
                Archuleta Nelson F
            
        
                Bought by
            
            
                The Archuleta Trust
            
        Purchase Details
                Closed on
            
            
                Nov 24, 2003
            
        
                Sold by
            
            
                Archuleta Nelson F
            
        
                Bought by
            
            
                Archuleta Nelson F
            
        Purchase Details
                Closed on
            
            
                Mar 1, 1983
            
        
                Bought by
            
            
                Viola Sydney A
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Hpa Ii Borrower 2021 1 Llc | -- | Realtech Title Llc | |
| Hpa Us2 Llc | $245,000 | Realtech Title Llc | |
| Harrison Grace | $191,000 | Empire Title Colorado Spring | |
| Bonicelli Nicholas A | -- | None Available | |
| Muth Dustin M | $98,000 | Land Title Guarantee Company | |
| The Archuleta Trust | -- | -- | |
| Archuleta Nelson F | -- | -- | |
| Viola Sydney A | -- | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Hpa Ii Borrower 2021 1 Llc | $414,586,005 | |
| Previous Owner | Harrison Grace | $176,000 | |
| Previous Owner | Muth Dustin M | $78,000 | |
| Closed | Muth Dustin M | $20,000 | 
                Source: Public Records
            
        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 | 
|---|---|---|---|---|
| 2025 | $932 | $20,620 | -- | -- | 
| 2024 | $701 | $19,950 | $3,030 | $16,920 | 
| 2022 | $741 | $13,740 | $2,430 | $11,310 | 
| 2021 | $792 | $14,140 | $2,500 | $11,640 | 
| 2020 | $723 | $11,100 | $2,150 | $8,950 | 
| 2019 | $701 | $11,100 | $2,150 | $8,950 | 
| 2018 | $572 | $8,720 | $1,730 | $6,990 | 
| 2017 | $437 | $8,720 | $1,730 | $6,990 | 
| 2016 | $368 | $6,900 | $1,510 | $5,390 | 
| 2015 | $368 | $6,900 | $1,510 | $5,390 | 
| 2014 | $355 | $6,570 | $1,510 | $5,060 | 
                Source: Public Records
                    
            
        Map
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