1506 N Prospect St Colorado Springs, CO 80907
Patty Jewett Neighborhood
2
Beds
1
Bath
1,960
Sq Ft
8,917
Sq Ft Lot
Highlights
- Ranch Style House
- Enclosed patio or porch
- Level Lot
- 1 Car Detached Garage
- Forced Air Heating System
About This Home
As of November 2024RARE FIX AND FLIP OPPORTUNITY DIRECTLY ACROSS THE STREET FROM PATTY JEWETT GOLF COURSE! A CONTRACTOR'S DREAM!! Distressed Two Bed, One Bath Rancher with Detached Garage on nearly quarter acre has amazing potential. Back Fence is obscured by overgrowth...the lot is huge! Back enclosed porch and full basement. One block to Elementary School. This property is being sold where-is/as-is. DO NOT WAIT ON THIS ONE!
Last Agent to Sell the Property
The Platinum Group Brokerage Phone: 719-536-4444 Listed on: 10/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,696
Year Built
- Built in 1947
Lot Details
- 8,917 Sq Ft Lot
- Back Yard Fenced
- Level Lot
Parking
- 1 Car Detached Garage
Home Design
- Ranch Style House
- Shingle Roof
- Stucco
Interior Spaces
- 1,960 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Enclosed patio or porch
Schools
- Taylor Elementary School
- North Middle School
- Palmer High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Nov 8, 2024
Sold by
Covington Mark Alan
Bought by
Green Building Llc
Seller's Agent
Bill Hourigan
The Platinum Group
Buyer's Agent
Sherry Landwehr
LIV Sotheby's International Realty CO Springs
List Price
$275,000
Sold Price
$337,000
Premium/Discount to List
$62,000
22.55%
Views
57
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.49%
Original Mortgage
$298,800
Outstanding Balance
$128,527
Interest Rate
1.1%
Mortgage Type
Construction
Estimated Equity
$414,186
Purchase Details
Closed on
Dec 21, 1995
Sold by
Landwehr Jeffrey P and Landwehr Sherry L
Bought by
Covington Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
7.4%
Purchase Details
Closed on
Jul 21, 1993
Bought by
Covington Mark A
Purchase Details
Closed on
Feb 10, 1987
Bought by
Covington Mark A
Purchase Details
Closed on
Jul 1, 1986
Bought by
Covington Mark A
Purchase Details
Closed on
Jul 1, 1980
Bought by
Covington Mark A
Similar Homes in Colorado Springs, CO
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $337,000 | None Listed On Document | |
| Personal Reps Deed | $337,000 | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Deed | $102,200 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $298,800 | Construction | |
| Closed | $298,800 | Construction | |
| Previous Owner | $92,250 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $920,000 | -2.1% | $359 / Sq Ft |
| 06/25/2025 06/25/25 | For Sale | $940,000 | +178.9% | $366 / Sq Ft |
| 11/14/2024 11/14/24 | Sold | $337,000 | +22.5% | $172 / Sq Ft |
| 10/16/2024 10/16/24 | Off Market | $275,000 | -- | -- |
| 10/10/2024 10/10/24 | For Sale | $275,000 | -- | $140 / Sq Ft |
Source: Pikes Peak REALTOR® Services
Tax History Compared to Growth
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 | $1,814 | $36,880 | -- | -- |
| 2024 | $1,696 | $37,090 | $5,030 | $32,060 |
| 2022 | $1,247 | $22,280 | $4,170 | $18,110 |
| 2021 | $1,352 | $22,920 | $4,290 | $18,630 |
| 2020 | $1,324 | $19,510 | $3,580 | $15,930 |
| 2019 | $1,317 | $19,510 | $3,580 | $15,930 |
| 2018 | $1,252 | $17,060 | $2,740 | $14,320 |
| 2017 | $1,186 | $17,060 | $2,740 | $14,320 |
| 2016 | $926 | $15,980 | $2,440 | $13,540 |
| 2015 | $923 | $15,980 | $2,440 | $13,540 |
| 2014 | $907 | $15,080 | $2,440 | $12,640 |
Source: Public Records
Agents Affiliated with this Home
-
Sherry Landwehr
Seller's Agent in 2025
Sherry Landwehr
LIV Sotheby's International Realty CO Springs
(719) 337-1908
8 in this area
87 Total Sales
-
Bill Hourigan
Seller's Agent in 2024
Bill Hourigan
The Platinum Group
(719) 332-8569
1 in this area
117 Total Sales
Map
Source: Pikes Peak REALTOR® Services
MLS Number: 5246754
APN: 64053-11-015
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