NOT LISTED FOR SALE

1318 Westend Ave Unit 1318/1320 Colorado Springs, CO 80904

Midland-Westside Neighborhood

Estimated Value: $369,679 - $508,000

3 Beds
2 Baths
-- Sq Ft
7,100 Sq Ft Lot

Last Sold June 17, 2024

Last sale price $420,000

Est. 4% increase in value since last sale

Current estimated payment $2,420/month

211 Days on Market

About This Home

As of June 2024

Welcome to this amazing West Side duplex! This charming property offers a unique opportunity for both investors and homeowners looking for a multi-family dwelling. With a well thought out layout, this duplex features 2- 2 bedroom/1 bathroom units totaling 4 bedrooms and 2 bathrooms on the property. One of the standout features of this property is the generous parking available and views of the surrounding mountains. With room to park 4+ vehicles, you'll never have to worry about finding a spot for yourself or your guests. Fresh exterior paint and storage building on property. Convenience is key, and this property delivers it in spades. Situated in close proximity to Old Colorado City, you'll have access to a vibrant community filled with local restaurants, eclectic shopping options, and the various outdoor activities the Colorado Springs area is known for. Whether you're exploring the downtown district with all its amenities or enjoying the nearby parks and trails, there's always something exciting to do. Inside the duplex, you'll find a well-designed floor plan that optimizes the available space. With a total size of 1830 square feet, there's plenty of room for everyone to relax and unwind. The bedrooms are cozy retreats where you can escape the hustle and bustle of daily life. Don't miss out on this fantastic opportunity to own or invest in a remarkable property on the West Side. Take advantage of all that this location has to offer by making this duplex your new home or investment venture.

Last Agent to Sell the Property

Stephanie Thomas

Coldwell Banker Realty Listed on: 10/18/2023

Coldwell Banker Realty

Last Buyer's Agent

Stephanie Thomas

Coldwell Banker Realty Listed on: 10/18/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 1970

Lot Details

  • 7,100 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Kitchen

  • Plumbed For Gas In Kitchen
  • Disposal

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,123

Year Built

Built in 1970

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Appliances: Disposal, Dryer, Gas in Kitchen, Range, Refrigerator, Washer
  • Fireplace Type: None

Exterior Features

  • New Construction: Existing
  • Fence: Rear
  • Foundation Details: Full Basement
  • Roof: Composite Shingle
  • Exterior Construction: Stucco
  • Structure: Framed on Lot

Garage/Parking

  • ParkingSpacesNumberOf: 4
  • ListingUnits_1_NumGarage: 0
  • ListingUnits_2_NumGarage: 0

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas
  • Hot Water: Municipal

Schools

  • School District: Colorado Springs 11
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1630
  • Lot Size: 7100.0000

Tax Info

  • Flip Tax Amount: 1122.51
  • Tax Year: 2022

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Jun 17, 2024
Sold by
Kolm Living Trust
Bought by
Putnam Joseph L
Seller's Agent
Stephanie Thomas
Coldwell Banker Realty
Buyer's Agent
Stephanie Thomas
Coldwell Banker Realty
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Views
169
Current Estimated Value
$435,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,170
Avg. Annual Appreciation
2.72%
Original Mortgage
$315,000
Outstanding Balance
$311,132
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$124,038

Purchase Details

Closed on
Sep 11, 2013
Sold by
Kolm Louis B and Kolm Rosalie E
Bought by
Kolm Louis B and Kolm Rosalie E

Purchase Details

Closed on
Jun 1, 1979
Bought by
Kolm Rosalie E Trustee
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
Putnam Joseph L $420,000 Fidelity National Title
Kolm Louis B -- None Available
Kolm Rosalie E Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Putnam Joseph L $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $420,000 -3.4% --
05/16/2024 05/16/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $435,000 0.0% --
04/18/2024 04/18/24 Off Market $435,000 -- --
03/15/2024 03/15/24 Price Changed $435,000 -3.3% --
03/02/2024 03/02/24 For Sale $450,000 0.0% --
02/23/2024 02/23/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $450,000 -9.6% --
11/17/2023 11/17/23 Price Changed $498,000 -2.0% --
10/18/2023 10/18/23 For Sale $508,000 -- --
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
2025 $1,360 $29,430 -- --
2024 $1,247 $28,890 $7,120 $21,770
2022 $1,123 $20,060 $5,100 $14,960
2021 $1,244 $21,090 $5,360 $15,730
2020 $1,188 $17,510 $4,470 $13,040
2019 $1,182 $17,510 $4,470 $13,040
2018 $1,033 $14,080 $2,970 $11,110
2017 $978 $14,080 $2,970 $11,110
2016 $772 $13,310 $2,990 $10,320
2015 $769 $13,310 $2,990 $10,320
2014 $770 $12,800 $2,990 $9,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 5654656

Pikes Peak REALTOR® Services

APN: 74151-06-018