1221 Richards Ave Colorado Springs, CO 80905
Stratton Meadows NeighborhoodEstimated Value: $278,589 - $308,000
            
                3
                Beds
            
            
            
                1
                Bath
            
            
            
                894
                Sq Ft
            
            
                
                    $330/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This property is in great shape and is conveniently located to downtown with great access to I-25 and Nevada.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Apr 23, 2021
            
        
                Sold by
            
            
                Cartmell Michael
            
        
                Bought by
            
            
                Bailey Investments Llc
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Mar 12, 2020
            
        
                Sold by
            
            
                Mundo Theresa A
            
        
                Bought by
            
            
                Cartmell Michael
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $248,000
            
        
                Interest Rate
            
            
                3.5%
            
        
                Mortgage Type
            
            
                Credit Line Revolving
            
        Purchase Details
                Closed on
            
            
                Mar 31, 1997
            
        
                Sold by
            
            
                Sommers Elfie E and Metz Elfie E
            
        
                Bought by
            
            
                Steinfeld Shirley A and Mundo Theresa A
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $62,135
            
        
                Interest Rate
            
            
                7.55%
            
        
                Mortgage Type
            
            
                FHA
            
        Purchase Details
                Closed on
            
            
                Mar 4, 1997
            
        
                Sold by
            
            
                Sommers William C
            
        
                Bought by
            
            
                Sommers Elfie E and Metz Elfie E
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $62,135
            
        
                Interest Rate
            
            
                7.55%
            
        
                Mortgage Type
            
            
                FHA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Bailey Investments Llc | -- | None Available | |
| Cartmell Michael | $170,800 | Empire Title Co Springs Llc | |
| Steinfeld Shirley A | $62,000 | -- | |
| Sommers Elfie E | -- | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Cartmell Michael | $248,000 | |
| Previous Owner | Steinfeld Shirley A | $62,135 | 
                Source: Public Records
            
        Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Off Market | $1,700 | -- | -- | 
| 11/01/2024 11/01/24 | For Rent | $1,700 | -- | -- | 
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 | $904 | $20,120 | -- | -- | 
| 2024 | $676 | $19,470 | $3,030 | $16,440 | 
| 2022 | $695 | $12,880 | $2,430 | $10,450 | 
| 2021 | $742 | $13,250 | $2,500 | $10,750 | 
| 2020 | $678 | $10,400 | $2,150 | $8,250 | 
| 2019 | $657 | $10,400 | $2,150 | $8,250 | 
| 2018 | $536 | $8,170 | $1,730 | $6,440 | 
| 2017 | $409 | $8,170 | $1,730 | $6,440 | 
| 2016 | $385 | $7,220 | $1,510 | $5,710 | 
| 2015 | $385 | $7,220 | $1,510 | $5,710 | 
| 2014 | $372 | $6,880 | $1,510 | $5,370 | 
                Source: Public Records
                    
            
        Map
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