B
Seller's Agent in 2022
Beth Maloney
RE/MAX
(719) 229-4715
6 in this area
54 Total Sales
1224 N Franklin St Colorado Springs, CO 80903
Patty Jewett NeighborhoodEstimated Value: $336,505 - $460,000
3
Beds
2
Baths
833
Sq Ft
$504/Sq Ft
Est. Value
Highlights
- Property is near a park
- 1 Car Attached Garage
- Forced Air Heating System
- Wood Flooring
- Oversized Parking
- Ceiling Fan
About This Home
As of December 2022A unique and rare opportunity to have two charming homes on an R-2 zoned lot with alley access and additional off-street parking sitting on a quiet street minutes from Patty Jewett Golf Course, Shooks Run, neighborhood coffee shops as well as immediate access to walking and biking trails! Literal moments from Colorado College and Downtown Colorado Springs! The one-bedroom and one-bathroom cottage was first to be built on the property in 1914 and is just over 650 square feet. The addition of the main house in front of the cottage was completed in 1956 with Mid-Century flair. It holds two bedrooms, one bathroom, and an oversized one-car ATTACHED garage! The main house has beautiful wood floors and large windows helping the home to be very light and bright. This home also includes a fabulously updated kitchen with stainless steel and gas range as well as a stylish bathroom with designer touches making the main house more than move-in ready. The cottage is a delightful opportunity to create income via renting, have extra guest space, studio or workshop possibilities complete with a full kitchen, bathroom, bedroom, and living/dining areas. Stackable washer & dryer stay as well. This little slice of downtown real estate is an incredible opportunity to start or build upon your real estate portfolio! Measurements are approximate.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,113
Year Built
- Built in 1956
Lot Details
- 6,499 Sq Ft Lot
- Level Lot
Parking
- 1 Car Attached Garage
- Oversized Parking
- Garage Door Opener
Home Design
- Shingle Roof
Interior Spaces
- 833 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Flooring
- Crawl Space
Kitchen
- Plumbed For Gas In Kitchen
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Location
- Property is near a park
- Property is near public transit
- Property near a hospital
- Property is near schools
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Wall Furnace
- Baseboard Heating
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2022
Closed on
Dec 6, 2022
Sold by
Menendez Amanda M
Bought by
Arnold Nicolas Gregg
Seller's Agent
Beth Maloney
RE/MAX Properties Inc.
Buyer's Agent
Beth Maloney
RE/MAX Properties, Inc
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,874
Avg. Annual Appreciation
-2.86%
Original Mortgage
$480,810
Outstanding Balance
$467,337
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$32,932
Purchase Details
Closed on
Sep 26, 2022
Sold by
Sayler Corinne F
Bought by
Menendez Amanda M
Purchase Details
Closed on
Aug 3, 2017
Sold by
Dakota Gold Llc
Bought by
Menendez Amanda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 2, 2017
Sold by
1224 North Franklin Street Land Trust
Bought by
Dakota Gold Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 31, 2012
Sold by
Sayler Glen E
Bought by
1224 North Franklin Street Land Trust
Purchase Details
Closed on
Aug 29, 2008
Sold by
Cobb Ella Louise
Bought by
Sayler Glen E
Purchase Details
Closed on
Nov 1, 1984
Bought by
Menendez Amanda M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arnold Nicolas Gregg | $470,000 | Land Title Guarantee | |
| Menendez Amanda M | -- | -- | |
| Menendez Amanda M | $260,000 | Empire Title Colorado Spring | |
| Dakota Gold Llc | -- | Empire Title Colorado Spring | |
| 1224 North Franklin Street Land Trust | -- | None Available | |
| Sayler Glen E | $115,000 | Fahtco | |
| Menendez Amanda M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arnold Nicolas Gregg | $480,810 | |
| Previous Owner | Menendez Amanda M | $294,000 | |
| Previous Owner | Menendez Amanda M | $255,290 | |
| Previous Owner | Midnight Solutions Inc | $88,800 | |
| Previous Owner | Cobb Ella Louise | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2022 12/19/22 | Sold | $470,000 | 0.0% | $564 / Sq Ft |
| 12/05/2022 12/05/22 | Off Market | $470,000 | -- | -- |
| 11/20/2022 11/20/22 | Pending | -- | -- | -- |
| 11/11/2022 11/11/22 | Price Changed | $489,000 | -1.2% | $587 / Sq Ft |
| 11/05/2022 11/05/22 | Price Changed | $495,000 | 0.0% | $594 / Sq Ft |
| 11/05/2022 11/05/22 | For Sale | $495,000 | -3.9% | $594 / Sq Ft |
| 10/28/2022 10/28/22 | Pending | -- | -- | -- |
| 10/18/2022 10/18/22 | Price Changed | $515,000 | -1.9% | $618 / Sq Ft |
| 10/12/2022 10/12/22 | Price Changed | $525,000 | -0.8% | $630 / Sq Ft |
| 09/26/2022 09/26/22 | Price Changed | $529,000 | -3.8% | $635 / Sq Ft |
| 09/18/2022 09/18/22 | Price Changed | $549,900 | -3.4% | $660 / Sq Ft |
| 09/13/2022 09/13/22 | Price Changed | $569,000 | -1.0% | $683 / Sq Ft |
| 09/04/2022 09/04/22 | For Sale | $575,000 | 0.0% | $690 / Sq Ft |
| 08/24/2022 08/24/22 | Pending | -- | -- | -- |
| 08/20/2022 08/20/22 | For Sale | $575,000 | -- | $690 / Sq Ft |
Source: Pikes Peak REALTOR® Services
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 | $1,175 | $36,500 | -- | -- |
| 2024 | $1,064 | $25,550 | $5,030 | $20,520 |
| 2022 | $1,026 | $18,330 | $4,170 | $14,160 |
| 2021 | $1,113 | $18,860 | $4,290 | $14,570 |
| 2020 | $1,090 | $16,060 | $3,580 | $12,480 |
| 2019 | $1,084 | $16,060 | $3,580 | $12,480 |
| 2018 | $725 | $9,880 | $2,740 | $7,140 |
| 2017 | $687 | $9,880 | $2,740 | $7,140 |
| 2016 | $531 | $9,160 | $2,440 | $6,720 |
| 2015 | $529 | $9,160 | $2,440 | $6,720 |
| 2014 | $517 | $8,590 | $2,440 | $6,150 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Maloney
-
Mary Kramer
M
Seller Co-Listing Agent in 2022
Mary Kramer
Mary M. Kramer
2 in this area
15 Total Sales
Map
Source: Pikes Peak REALTOR® Services
MLS Number: 8577623
APN: 64082-13-005
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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