1232 N Institute St Colorado Springs, CO 80903
Patty Jewett NeighborhoodEstimated Value: $530,979 - $576,000
4
Beds
2
Baths
1,842
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Property is near a park
- Wood Flooring
- Covered patio or porch
- Ranch Style House
- Corner Lot
- 1 Car Detached Garage
About This Home
As of March 2023Absolutely CHARMING Updated 1940's Built Downtown Home On A Nice Sized Lot Awaits You! Your new home is perfectly situated to walk to Downtown Colorado Springs, Shooks Run, Memorial Hospital, Olympic Training Center, coffee houses, eateries, cultural events, schools, parks and so much more! Located on the corner of N. Institute and San Miguel, you'll enjoy the full fenced yard with an wonderful 2019 12x17 covered rear patio. Step inside to an open layout with a large sunny living room with coved ceiling, arched opening, hardwood floors on main level, fresh paint, a built-in bookcase and original phone nook. The dining room area also has an original glass fronted built-in with drawers. The updated kitchen has a breakfast bar, ample cabinetry, corner window, gas stove/oven and stainless steel refrigerator. Nice size main level master bedroom with hardwood floors. The second main level bedroom has French doors leading out to the rear covered patio deck. Tastefully updated full main level bathroom and lots of extra storage in the hallway. You'll enjoy a large family room with fresh paint and an original built-in bookcase. Two more bedrooms in the basement with one having an egress window that lets in lots of light and the other one has wanescoting on the ceiling and an attached walk-in closet. Step out onto the covered rear deck with a sunshades to enjoy morning coffee or barbeques in the evening. Vinyl windows, updated electrical panel, updated 2022 plumbing, new sewer line, 2019 water heater and so much more.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,761
Year Built
- Built in 1946
Lot Details
- 7,501 Sq Ft Lot
- Property is Fully Fenced
- Corner Lot
Parking
- 1 Car Detached Garage
Home Design
- 1,842 Sq Ft Home
- Ranch Style House
- Shingle Roof
- Aluminum Siding
- Stucco
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Location
- Property is near a park
- Property near a hospital
- Property is near schools
Schools
- Palmer High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- 220 Volts in Kitchen
Additional Features
- Remote Devices
- Covered patio or porch
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 14, 2023
Sold by
Nelson Patrick Thomas
Bought by
Azar Ashley N
Total Days on Market
8
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
$309,270
Outstanding Balance
$301,225
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
$243,262
Purchase Details
Closed on
Dec 14, 2020
Sold by
Nelson Patrick T and Nelson Patrick Thomas
Bought by
Nelson Patrick Thomas and Nelson Marta Sterner
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2014
Sold by
Wendell Terry
Bought by
Nelson Patrick T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2012
Sold by
Pellizzari Nancy J
Bought by
Wendell Terry
Purchase Details
Closed on
Jun 22, 2006
Sold by
Quass Ami
Bought by
Pellizzari Nancy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
6.56%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 5, 2006
Sold by
Fulcher Donald William
Bought by
Quass Ami
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 1, 1982
Bought by
Nelson Patrick T
Similar Homes in Colorado Springs, CO
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 |
|---|---|---|---|
| Azar Ashley N | $510,000 | Stewart Title | |
| Nelson Patrick Thomas | -- | Priority Title & Escrow | |
| Nelson Patrick T | $200,000 | Stewart Title | |
| Wendell Terry | $204,900 | Empire Title Co Springs Llc | |
| Pellizzari Nancy J | $224,500 | Security Title | |
| Quass Ami | $178,000 | Land Title Guarantee Company | |
| Nelson Patrick T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Azar Ashley N | $309,270 | |
| Previous Owner | Nelson Patrick Thomas | $275,000 | |
| Previous Owner | Nelson Patrick T | $190,000 | |
| Previous Owner | Pellizzari Nancy J | $169,500 | |
| Previous Owner | Quass Ami | $142,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2023 03/18/23 | Sold | -- | -- | -- |
| 03/03/2023 03/03/23 | Off Market | $515,000 | -- | -- |
| 02/10/2023 02/10/23 | Pending | -- | -- | -- |
| 02/02/2023 02/02/23 | For Sale | $515,000 | -- | $280 / 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 |
|---|---|---|---|---|
| 2024 | $1,661 | $36,460 | $5,030 | $31,430 |
| 2022 | $1,623 | $29,010 | $4,170 | $24,840 |
| 2021 | $1,761 | $29,840 | $4,290 | $25,550 |
| 2020 | $1,724 | $25,400 | $3,580 | $21,820 |
| 2019 | $1,715 | $25,400 | $3,580 | $21,820 |
| 2018 | $1,630 | $22,210 | $2,740 | $19,470 |
| 2017 | $1,543 | $22,210 | $2,740 | $19,470 |
| 2016 | $1,216 | $20,980 | $2,440 | $18,540 |
| 2015 | $1,212 | $20,980 | $2,440 | $18,540 |
| 2014 | $1,191 | $19,800 | $2,440 | $17,360 |
Source: Public Records
Agents Affiliated with this Home
-
Mimi Bowden
M
Seller's Agent in 2023
Mimi Bowden
Bowden Properties LLC
(719) 331-1920
16 in this area
78 Total Sales
Map
Source: Pikes Peak REALTOR® Services
MLS Number: 7876076
APN: 64082-11-001
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