$650,000
SOLD JUL 18, 2024

192 Walnut Ave Colorado Springs, CO 80905

5 Beds
4 Baths
3,619 Sq Ft
0.44 Acres

Recently Sold

$180 Per Sq Ft

4% Below List Price

19 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Corner Lot
  • Lewis-Palmer Middle School Rated A
  • 3 Fireplaces
  • No HOA

About This Home

As of July 2024

Truly one-of-a-kind mountain home in Palmer Lake features 5 bedrooms, 4 baths, living room and family room, 3 fireplaces and unique architectural finishes throughout. Many updates and upgrades to include electrical/Romex wiring, PEX Plumbing, Hardy cement board siding, Anderson windows, newer roof, rebuilt boiler system for heating, on demand hot water, rebuilt outdoor spa and the list goes on. Main level master bedroom with private bath and walk-in closet, spacious eat-in kitchen, large dining room, finished basement with separate entrance can be used as an in-law suite with separate kitchenette and laundry. The spanning rear deck includes the spa and a huge yard complete with greenhouse, shed, storage outbuilding and the 40x20 insulated garage with 12' ceilings, workbenches and heating makes this an ideal workshop. All this and more perched on just under a half-acre corner lot with mature trees and a beautiful landscape with breathtaking mountain views and only minutes from Palmer Lake!

Last Agent to Sell the Property

Jake Wade

RE/MAX Real Estate Group Inc Brokerage Email: jakewadeteam@gmail.com,719-205-0372 License #100091177 Listed on: 05/23/2024

RE/MAX Real Estate Group Inc

Last Buyer's Agent

LaShon Carter

Corcoran Perry & Co. License #100092801

Corcoran Perry & Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1915

Lot Details

  • 0.44 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Deck

Schools

  • Palmer Lake Elementary School
  • Lewis-Palmer Middle School
  • Palmer Ridge High School

Utilities

  • No Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Heating System Uses Steam
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Sellers personal property
  • Assessor Parcel Number 7105337004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,460

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 2914
  • Exclusions: Sellers personal property
  • Living Area: 3619
  • Directions: From Colorado Springs/Monument, travel north on 105 towards Palmer Lake, Left on S Valley Rd, immediate left on Spring Street, right on Lovers Lane, Left on Virginia Ave to property on the corner of Virginia and Walnut.
  • SubdivisionName: Other
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.96296
  • Attribution Contact: jakewadeteam@gmail.com,719-205-0372
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplaces: 3
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s)
  • Fireplace Features: Gas, Pellet Stove
  • Full Bathrooms: 1
  • Basement: Full
  • Basement: Yes
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 705
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Patio and Porch Features: Deck
  • Road Surface Type: Gravel

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water, Steam
  • Water Source: Public
  • Laundry Features: In Unit

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: Lewis-Palmer

Lot Info

  • Parcel Number: 7105337004
  • Lot Size Acres: 0.44
  • Building Area Total: 3619
  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 19166.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2460

MLS Schools

  • Elementary School: Palmer Lake
  • High School: Palmer Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 18, 2024
Sold by
Delozier Stacy M
Bought by
Ferguson Denaje Romello and Guill Mikayla
Seller's Agent
Jake Wade
RE/MAX Real Estate Group Inc
Buyer's Agent
LaShon Carter
Corcoran Perry & Co.
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
164
Current Estimated Value
$702,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,694
Avg. Annual Appreciation
7.27%
Original Mortgage
$508,750
Outstanding Balance
$503,532
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$199,162

Purchase Details

Closed on
Jan 28, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Delozier Stacy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,520
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2013
Sold by
Central Mortgage Corporation
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 2, 2013
Sold by
Depry Randall and Depry Diana
Bought by
Central Mortgage Company

Purchase Details

Closed on
Jul 12, 2000
Sold by
Fairchild Joan M and Fairchild Miles R
Bought by
Murray Raymond Arnould

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8%

Purchase Details

Closed on
May 26, 2000
Sold by
Fairchild Joan M and Fairchild Miles R
Bought by
Depry Randall and Depry Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8%

Purchase Details

Closed on
Jan 3, 1995
Sold by
Fairchild Joan M
Bought by
Fairchild Joan M and Fairchild Miles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
9.09%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $650,000 Stewart Title
Special Warranty Deed $246,900 First American
Special Warranty Deed $280,000 None Available
Trustee Deed -- None Available
Deed -- --
Warranty Deed $225,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $508,750 FHA
Previous Owner $334,000 New Conventional
Previous Owner $257,240 New Conventional
Previous Owner $197,520 New Conventional
Previous Owner $344,250 Unknown
Previous Owner $140,000 Stand Alone Second
Previous Owner $232,000 Unknown
Previous Owner $220,000 Unknown
Previous Owner $180,000 No Value Available
Previous Owner $25,000 Credit Line Revolving
Previous Owner $118,000 Unknown
Previous Owner $40,000 No Value Available
Closed $105,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $650,000 0.0% $180 / Sq Ft
06/10/2024 06/10/24 Price Changed $650,000 -3.7% $180 / Sq Ft
05/24/2024 05/24/24 For Sale $675,000 -- $187 / 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 $2,949 $49,740 -- --
2024 $2,842 $46,820 $6,200 $40,620
2022 $2,460 $35,110 $4,590 $30,520
2021 $2,561 $36,130 $4,730 $31,400
2020 $2,253 $30,540 $4,220 $26,320
2019 $2,243 $30,540 $4,220 $26,320
2018 $1,936 $25,020 $4,250 $20,770
2017 $1,941 $25,020 $4,250 $20,770
2016 $1,970 $24,770 $4,700 $20,070
2015 $1,721 $24,770 $4,700 $20,070
2014 $1,755 $22,520 $4,700 $17,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1985920

REcolorado®

APN: 71053-37-004