NOT LISTED FOR SALE

Estimated Value: $578,630 - $707,000

4 Beds
4 Baths
2,548 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $585,000 $230 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,402/month

22 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Family Room with Fireplace
  • Bristol Elementary, School of the Arts and STEM Rated A-
  • Property is near public transit
  • Vaulted Ceiling

About This Home

As of August 2024

Excellent West Side Location – This one-level duplex in Colorado Springs west side provides an excellent opportunity for investment. With over 2500 square feet shared by the two units and each having two bedrooms, two full bathrooms, kitchen, living room, dining room and laundry room you have the living space you would want. Additionally, the units share a detached 2-car garage perfect for parking your vehicle or as a storage area. The views from the front porch area are absolutely stunning with Pikes Peak as the centerpiece. Each unit has vaulted ceilings, fireplace and central air. The location is hard to beat as it is near the shops and restaurants of Old Colorado City and the world class trails of The Garden of the Gods. Also, the home has a new roof installed in late 2023 and new exterior paint.

Last Agent to Sell the Property

Eddie Hurt

ERA Shields Real Estate Brokerage Email: ehurt@erashields.com,719-339-3765 License #40015798 Listed on: 05/18/2024

Last Buyer's Agent

PPAR Agent Non-REcolorado

NON MLS PARTICIPANT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1978

Lot Details

  • 9,200 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Landscaped
  • Level Lot
  • Irrigation

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,548 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • West Elementary School
  • Holmes Middle School
  • Coronado High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Mesa Heights Subdivision
  • Foothills

Listing and Financial Details

  • Exclusions: washers & dryers belong to tenants
  • Tenant pays for electricity, gas
  • The owner pays for exterior maintenance, grounds care, trash collection, water
  • Assessor Parcel Number 7402407043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,592

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 2548
  • Exclusions: washers & dryers belong to tenants
  • Living Area: 2548
  • Directions: W Fillmore Street west, Mesa Road south, N 19th Street west, Friendship Lane north (stay right)
  • SubdivisionName: Mesa Heights
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.97500
  • Attribution Contact: ehurt@erashields.com,719-339-3765
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Fireplaces: 2
  • Interior Amenities: Built-in Features, Eat-in Kitchen, High Ceilings, High Speed Internet, Laminate Counters, No Stairs, Open Floorplan, Vaulted Ceiling(s)
  • Flooring: Carpet, Vinyl
  • Fireplace Features: Family Room, Wood Burning
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 4

Exterior Features

  • Direction Faces: West
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Frame, Wood Siding
  • View: Mountain(s)
  • Patio and Porch Features: Covered, Front Porch

Garage/Parking

  • Parking Features: Driveway-Gravel
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: In Unit, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Holmes

Lot Info

  • Parcel Number: 7402407043
  • Lot Size Acres: 0.21
  • Fencing: None
  • Building Area Total: 2548
  • Lot Features: Foothills, Irrigated, Landscaped, Level, Near Public Transit
  • Lot Size Sq Ft: 9200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Exterior Maintenance, Grounds Care, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1592

MLS Schools

  • Elementary School: West
  • High School: Coronado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Aug 1, 2024
Sold by
Gerbstadt Terry and Gerbstadt Donna M
Bought by
Mitchell Heather L and Mitchell Larry A
Seller's Agent
Eddie Hurt
ERA Shields Real Estate
Buyer's Agent
PPAR Agent Non-REcolorado
NON MLS PARTICIPANT
List Price
$600,000
Sold Price
$585,000
Premium/Discount to List
-$15,000
-2.5%
Views
450
Current Estimated Value
$617,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,408
Avg. Annual Appreciation
2.93%
Original Mortgage
$285,000
Outstanding Balance
$282,287
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$322,310

Purchase Details

Closed on
Jan 15, 2003
Sold by
Gerbstadt Donna M and Black Donna M
Bought by
Gerbstadt Terry and Gerbstadt Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,900
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 1993
Bought by
Gerbstadt Terry

Purchase Details

Closed on
Jun 1, 1980
Bought by
Gerbstadt Terry
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mitchell Heather L $585,000 Land Title Guarantee Company
Gerbstadt Terry $160,000 Security Title
Gerbstadt Terry $123,800 --
Gerbstadt Terry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Heather L $285,000
Previous Owner Gerbstadt Donna M $74,000
Previous Owner Gerbstadt Terry $100,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $585,000 -2.5% $230 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $600,000 -- $235 / Sq Ft
Source: REcolorado®

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
2025 $1,709 $40,150 -- --
2024 $1,592 $35,200 $7,540 $27,660
2022 $1,424 $25,450 $5,810 $19,640
2021 $1,579 $26,760 $6,110 $20,650
2020 $1,491 $21,970 $4,720 $17,250
2019 $1,483 $21,970 $4,720 $17,250
2018 $1,429 $19,480 $3,970 $15,510
2017 $1,354 $19,480 $3,970 $15,510
2016 $1,115 $19,230 $4,180 $15,050
2015 $1,111 $19,230 $4,180 $15,050
2014 -- $17,320 $4,180 $13,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6424662

REcolorado®

APN: 74024-07-043