NOT LISTED FOR SALE

1431 Madison Ridge Heights Unit D Colorado Springs, CO 80904

Old Colorado City Neighborhood

Estimated Value: $309,831 - $314,000

2 Beds
2 Baths
1,186 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $295,000 $249 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,920/month

52 Days on Market

Highlights

  • Balcony
  • 1-Story Property
  • Ceiling Fan
  • Laundry closet
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of January 2024

Welcome to this well maintained-turn key condo near Old Colorado City! This Condo boasts 2 bedrooms, 2 bathrooms and an assigned carport. As you enter you are met with a spacious kitchen with a walk-in pantry. The dining room is nestled near the large living room which has a gas fireplace and your own private balcony! The laundry is conveniently located just off the kitchen and bedrooms. The Primary bedroom boasts a walk-in closet and an en suite 4 piece bathroom and a private balcony with views of the mountains! The condo has A/C, tons of natural light and ample visitor parking. Not to mention this is just minutes from shopping, parks, and hiking trails! Check it out today!

Last Agent to Sell the Property

Brad Secundy

RE/MAX Properties Inc Brokerage Email: teamsecundy@gmail.com,719-339-2233 License #100002278 Listed on: 10/16/2023

RE/MAX Properties Inc

Last Buyer's Agent

Lauren Collier

Live Dream Colorado LLC License #100035892

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $877

Year Built

  • Built in 2005

Lot Details

  • 436

HOA Fees

  • $152 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,186 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Bristol Elementary School
  • North Middle School
  • Coronado High School

Additional Features

  • Balcony
  • 436 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Exclusions: Owners personal property
  • Assessor Parcel Number 74111-24-191

Community Details

Overview

  • Association fees include ground maintenance, snow removal, trash
  • Madison Ridge Association, Phone Number (719) 314-4522
  • Madison Ridge Subdivision

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$877

Year Built

Built in 2005

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Levels: One
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1186
  • Exclusions: Owners personal property
  • Living Area: 1186
  • Pets Allowed: Cats OK, Dogs OK
  • Directions: From I-25 and Uitnah, go west then right on 19th St, Left on Glenn St, Left on Stepping Stone Way, Left on Madison Heights then Condo will be on your left.
  • SubdivisionName: Madison Ridge
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.89394
  • Attribution Contact: teamsecundy@gmail.com,719-339-2233
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Architecural Shingle
  • Construction Materials: Frame
  • Exterior Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: Laundry Closet

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal, Trash
  • Association Name: Madison Ridge
  • Association Fee Frequency: Monthly
  • Association Fee: 152
  • Phone: 719-314-4522
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 1824.00
  • REC_AssociationFeeTotalAnnual: 1824.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: North

Lot Info

  • Parcel Number: 74111-24-191
  • Lot Size Acres: 0.01
  • Building Area Total: 1186
  • Lot Size Sq Ft: 435.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 877

MLS Schools

  • Elementary School: Bristol
  • High School: Coronado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Jan 22, 2024
Sold by
Richardson Deborah A
Bought by
Sturlaugson Neil
Seller's Agent
Brad Secundy
RE/MAX Properties Inc
Buyer's Agent
Lauren Collier
Live Dream Colorado LLC
List Price
$330,000
Sold Price
$295,000
Premium/Discount to List
-$35,000
-10.61%
Views
62
Current Estimated Value
$311,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,708
Avg. Annual Appreciation
3.97%
Original Mortgage
$295,000
Outstanding Balance
$290,716
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
$23,368

Purchase Details

Closed on
Oct 30, 2015
Sold by
Weenig Val Dee and Weenig Patricia Faye
Bought by
Richardson Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,165
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Harmony Homes Inc
Bought by
Weenig Val Dee and Weenig Patricia Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac
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
Sturlaugson Neil $295,000 None Listed On Document
Richardson Deborah A $144,500 Land Title Guarantee
Weenig Val Dee $160,000 Stewart Title Of Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sturlaugson Neil $295,000
Previous Owner Richardson Deborah A $140,165
Previous Owner Weenig Val Dee $108,000
Previous Owner Weenig Val Dee $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $295,000 -4.8% $249 / Sq Ft
11/22/2023 11/22/23 Price Changed $309,999 -3.0% $261 / Sq Ft
11/03/2023 11/03/23 Price Changed $319,500 -3.2% $269 / Sq Ft
10/16/2023 10/16/23 For Sale $330,000 -- $278 / 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 $878 $21,290 -- --
2024 $769 $20,170 $3,890 $16,280
2022 $877 $15,670 $2,680 $12,990
2021 $951 $16,120 $2,760 $13,360
2020 $855 $12,590 $2,470 $10,120
2019 $850 $12,590 $2,470 $10,120
2018 $774 $10,550 $2,050 $8,500
2017 $733 $10,550 $2,050 $8,500
2016 $601 $10,370 $1,830 $8,540
2015 $599 $10,370 $1,830 $8,540
2014 -- $10,540 $1,830 $8,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6078615

REcolorado®

APN: 74111-24-191