$450,000
SOLD FEB 14, 2025

12625 Abert Way Colorado Springs, CO 80908

5 Acres
$85,066 Price per Acre
230,432 Sq Ft Lot

Recently Sold

12% Below List Price

139 Days on Market

Highlights

  • 5.29 Acre Lot
  • Pine Trees
  • Open Space
  • Discovery Canyon Campus Elementary School Rated A-
  • Cul-De-Sac
  • Property near a hospital

About This Lot

As of February 2025

EXCEPTIONAL LOCATION!!! Rare 5+acre horse property with CONVENIENT ACCESSto city services, schools and shopping. QUICK TRIP to Flying Horse Club, Interquest and Northgate Blvd areas near I-25 for EASY COMMUTE to Colorado Springs and Denver. Active electric at building site and domestic well for allowed 1.5 ACRE-FEET OF WATER per year. SOILS TESTS for home and barn with living quarters - complete. SEPTIC DESIGN for home and barn - complete. Landscaped & sprinkler-fed berm road barrier installed 2021; custom-built GREENHOUSE w/water access nestled near the creek; custom-built duck coop/aviary within the pine grove. 500 feet of CREEK FRONTAGE with active waterfowl and beaver plus deer, elk and other wildlife roam.
Don't miss your chance to own 5-acres if gorgeous and READY TO BUILD property.

Last Agent to Sell the Property

Michael Jacobson

Engel & Völkers Pikes Peak Brokerage Phone: (719) 886-4800 Listed on: 08/29/2024

Engel & Völkers Pikes Peak

Co-Listed By

Mike Jacobson

Engel & Völkers Pikes Peak Brokerage Phone: (719) 886-4800

Last Buyer's Agent

Michael Jacobson

Engel & Völkers Pikes Peak Brokerage Phone: (719) 886-4800 Listed on: 08/29/2024

Engel & Völkers Pikes Peak

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,994

Lot Details

  • 5.29 Acre Lot
  • Creek or Stream
  • Open Space
  • Cul-De-Sac
  • Brush Vegetation
  • Scrub Oak Vegetation
  • Flag Lot
  • Sloped Lot
  • Pine Trees
  • Few Trees

HOA Fees

  • $8 Monthly HOA Fees

Location

  • Property near a hospital
  • Property is near schools
  • Property is near shops

Utilities

  • 1 Water Well

Property Details

Property Type

Land

Est. Annual Taxes

$4,994

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Prop. Type: Land
  • Attribution Contact: (719) 886-4800
  • Lot Land Type: Vacant Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Type: Backs to Open Space, Cul-de-sac, Flag Lot, Sloping, Stream/Creek, Trees/Woods
  • Lot Location: Near Hospital, Near Schools, Near Shopping Center
  • Topography: Sloping, Stream/Creek

Utilities

  • Hot Water: Well-Active

Condo/Co-op/Association

  • Association Fee: 100.00
  • Association Fee Frequency: Annual

Schools

  • School District: Academy-20
  • School District: Academy-20

Lot Info

  • Program Acres Total: 5.2900
  • Lot Size: 5.2900

Tax Info

  • Flip Tax Amount: 4994.00
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Feb 13, 2025
Sold by
Suri Kunal and Suri Puneet K
Bought by
12625 Abert Way Investment Llc
Seller's Agent
Michael Jacobson
Engel & Völkers Pikes Peak
Buyer's Agent
Michael Jacobson
Engel & Völkers Pikes Peak
List Price
$509,900
Sold Price
$450,000
Premium/Discount to List
-$59,900
-11.75%
Total Days on Market
139
Views
76
Current Estimated Value
$448,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,356
Avg. Annual Appreciation
-1.04%
Original Mortgage
$370,301
Outstanding Balance
$368,860
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
$79,784

Purchase Details

Closed on
May 3, 2023
Sold by
12625 Abert Way Llc
Bought by
Suri Kunal and Suri Puneet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,100
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2021
Sold by
Henry Samuel B
Bought by
12625 Abert Way Llc

Purchase Details

Closed on
Dec 20, 2019
Sold by
Cowan Dawn
Bought by
Henry Samuel B

Purchase Details

Closed on
May 16, 2017
Sold by
King Charles B
Bought by
Cowan Dawn

Purchase Details

Closed on
Aug 21, 2002
Sold by
King Verta Bell
Bought by
King Charles B

Purchase Details

Closed on
Jan 10, 1997
Sold by
Abert Estates Llc
Bought by
King Charles B and King Verta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,750
Interest Rate
7.53%
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 Type Sale Price Title Company
Special Warranty Deed $450,000 None Listed On Document
Warranty Deed $400,000 Land Title
Quit Claim Deed -- Land Title
Quit Claim Deed -- None Available
Warranty Deed $188,000 Land Title Guarantee Company
Warranty Deed $158,000 Fidelity National Title
Interfamily Deed Transfer $70,000 None Available
Warranty Deed $73,440 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,301 Credit Line Revolving
Previous Owner $305,100 New Conventional
Previous Owner $112,340 Commercial
Previous Owner $58,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $450,000 -11.7% --
01/15/2025 01/15/25 Pending -- -- --
08/29/2024 08/29/24 For Sale $509,900 -- --
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 $4,994 $62,800 $62,800 --
2023 $4,994 $62,800 $62,800 --
2022 $4,375 $52,230 $52,230 $0
2021 $4,627 $52,230 $52,230 $0
2020 $4,449 $47,500 $47,500 $0
2019 $4,412 $47,500 $47,500 $0
2018 $3,729 $39,590 $39,590 $0
2017 $3,717 $39,590 $39,590 $0
2016 $3,131 $39,590 $39,590 $0
2015 $3,125 $39,590 $39,590 $0
2014 $3,223 $40,800 $40,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 2249135

Pikes Peak REALTOR® Services

APN: 62090-01-014