NOT LISTED FOR SALE

Estimated Value: $562,576 - $610,000

3 Beds
2 Baths
1,536 Sq Ft
$379/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $586,500 $382 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,345/month

3 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to John "Prairie Dog" O'Byrne Park
  • Ceiling Fan

About This Home

As of May 2024

Discover Downtown’s Duplex, a unique property that merges the comfort of homeownership with the thrill of investment potential. Situated in a vibrant downtown area, this top-bottom duplex offers two distinct living units, each meticulously designed to maximize space and enhance urban living.

The lower unit is a spacious retreat, featuring two well-appointed bedrooms, a full bathroom, and an additional 3/4 bath, perfect for modern living.

The upper unit complements with a charming one-bedroom layout and a convenient 3/4 bath, ideal for guests or additional rental income. Each unit boasts its own fully equipped kitchen and cozy living area, ensuring privacy and comfort.

Outside, the property transforms into an entertainment haven with ample parking for residents and guests alike.

The real gem is the expansive backyard—your personal playground equipped with a hot tub, a mini-golf setup, and ample space to unwind and enjoy the bustling city life from a tranquil distance.

Positioned in the heart of the city, this duplex not only provides a serene place to call home but also sits at the gateway to a lifestyle filled with work, play, and everything in between.

Why limit yourself to one unit in a competitive market when you can have two?

Downtown’s Duplex is ready to redefine urban living for you. Enquire today to explore how this property can become your new downtown cornerstone.

Last Agent to Sell the Property

Bryan Rodriguez

Real Broker, LLC DBA Real Listed on: 05/04/2024

Real Broker, LLC DBA Real

Co-Listed By

James Tabur

Real Broker, LLC DBA Real

Last Buyer's Agent

Lisa Moore

Manitou Springs Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 1885

Lot Details

  • 7,501 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Partial Basement

Kitchen

  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • 220 Volts in Kitchen

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,471

Year Built

Built in 1885

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1885
  • Special Features: None

Interior Features

  • Appliances: 220v in Kitchen, Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Microwave Oven, Range, Refrigerator, Washer
  • Fireplace Type: None

Exterior Features

  • New Construction: Existing
  • Fence: Rear
  • Foundation Details: Partial Basement, Other
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Framed on Lot, Frame

Garage/Parking

  • ParkingSpacesNumberOf: 6
  • ListingUnits_1_NumGarage: 0
  • ListingUnits_2_NumGarage: 0

Utilities

  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected
  • Hot Water: Municipal

Schools

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

Lot Info

  • Program Acres Total: 0.1722
  • Lot Size: 7500.0000

Tax Info

  • Flip Tax Amount: 1471.25
  • Tax Year: 2023

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
May 28, 2024
Sold by
Andrle Conor Michael Olin
Bought by
Lisa Moore Properties Llc
Seller's Agent
Bryan Rodriguez
Real Broker, LLC DBA Real
Buyer's Agent
Lisa Moore
Manitou Springs Real Estate LLC
List Price
$600,000
Sold Price
$586,500
Premium/Discount to List
-$13,500
-2.25%
Views
8
Current Estimated Value
$581,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,856
Avg. Annual Appreciation
-0.75%

Purchase Details

Closed on
Feb 22, 2021
Sold by
Hertenstein Johnathan Ross and Hertenstein Sarah E
Bought by
Andrie Conor Michael Olin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,580
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Apr 17, 2020
Sold by
Drginvest Cs Holdco Llc
Bought by
Hertenstein Johnathan Ross and Hertenstein Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,970
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Feb 14, 2020
Sold by
East Pikes Peak And Corona Apt Llc
Bought by
Drginvest Cs Holdco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,083,995
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2017
Sold by
Wiedeman Larry W
Bought by
East Pikes Peak And Corona Apt Llc

Purchase Details

Closed on
Jan 10, 2017
Sold by
Espllc
Bought by
Wiedeman Larry W

Purchase Details

Closed on
Jul 1, 1981
Bought by
Apartm East Pikes Peak and Apartm East Corona
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lisa Moore Properties Llc $586,500 First American Title
Andrie Conor Michael Olin $460,000 Empire Title Co Springs Llc
Hertenstein Johnathan Ross $390,000 Land Title Guarantee Company
Drginvest Cs Holdco Llc $178,500 Fntg Ncs Colorado
East Pikes Peak And Corona Apt Llc -- None Available
Wiedeman Larry W $175,000 Land Title Guarantee
Apartm East Pikes Peak -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lisa Moore Properties Llc $351,000
Previous Owner Andrie Conor Michael Olin $470,580
Previous Owner Hertenstein Johnathan Ross $398,970
Previous Owner Drginvest Cs Holdco Llc $21,083,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $586,500 -2.3% $382 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $600,000 -- $391 / Sq Ft
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 $1,585 $20,840 -- --
2024 $1,471 $30,540 $3,900 $26,640
2022 $1,785 $29,100 $3,540 $25,560
2021 $1,011 $15,770 $3,720 $12,050
2020 $981 $13,460 $2,860 $10,600
2019 $976 $13,460 $2,860 $10,600
2018 $799 $10,200 $2,160 $8,040
2017 $760 $10,200 $2,160 $8,040
2016 $626 $9,940 $1,990 $7,950
2015 $624 $9,940 $1,990 $7,950
2014 $611 $9,380 $1,910 $7,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 8149130

Pikes Peak REALTOR® Services

APN: 64181-15-018