20 Terrace Dr Unit 20 and 22 Colorado Springs, CO 80906

Broadmoor Neighborhood

Estimated Value: $442,000 - $712,000

4 Beds
2 Baths
-- Sq Ft
0.27 Acres

Last Sold October 16, 2023

Current estimated payment $3,173/month

51 Days on Market

About This Home

As of October 2023

Great investment opportunity in the Ivywild neighborhood! This duplex sits on a large lot with room to park an RV or other toys. Nice hardwood floors. Both units have 3 bedrooms, 2 bathrooms, and a one-car garage. Ampel parking in front and in the back. The living rooms walk out to nice decks overlooking the large lot. New paint and carpet in both units. Very rare find in the Ivywild area.

Last Agent to Sell the Property

Patricia Kamppila

ERA Shields Real Estate Listed on: 07/28/2023

ERA Shields Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1966

Lot Details

  • 0.27

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Masonite

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • Ceiling Fan
  • 0.27 Acre Lot
  • Hot Water Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,416

Year Built

Built in 1966

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range Oven, Refrigerator, Washer
  • Fireplace Type: None

Exterior Features

  • New Construction: Existing
  • Foundation Details: Full Basement, Walk Out
  • Roof: Composite Shingle
  • Exterior Construction: Brick, Masonite Type
  • Structure: Wood Frame

Garage/Parking

  • ListingUnits_1_NumGarage: 1
  • ListingUnits_2_NumGarage: 1

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water
  • Utilities: Electricity, Natural Gas
  • Hot Water: Municipal

Schools

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

Lot Info

  • Program Acres Total: 0.2697
  • Lot Size: 11747.0000

Tax Info

  • Flip Tax Amount: 1416.31
  • Tax Year: 2022

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
Oana J Bamesberger Revocable Living Trus
Bought by
Meghjani Rahim
Current Estimated Value
$549,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,770
Outstanding Balance
$598,571
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
-$59,370

Purchase Details

Closed on
Aug 18, 2015
Sold by
Bamesberger Oana J
Bought by
The Oana J Bamesberger Revocable Living

Purchase Details

Closed on
Jul 21, 2009
Sold by
Fleck Diana M
Bought by
Bamesberger Kenneth F and Bamesberger Oana J

Purchase Details

Closed on
Jul 6, 2007
Sold by
Zehringer Kathryn A and Zehringer Thomas J
Bought by
Fleck Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2001
Sold by
Langenberg James R
Bought by
Zehringer Thomas J and Zehringer Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.87%

Purchase Details

Closed on
May 14, 1999
Sold by
Deputhod Lou B
Bought by
Langenberg James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,152
Interest Rate
7.04%
Mortgage Type
Commercial
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
Meghjani Rahim $620,000 Land Title Guarantee Company
The Oana J Bamesberger Revocable Living -- None Available
Bamesberger Kenneth F $200,000 Unified Title Company
Bamesberger Kenneth F $200,000 Unified Title Company
Fleck Diana M $205,000 Stewart Title Of Colorado
Zehringer Thomas J $175,000 First American Heritage Titl
Langenberg James R $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meghjani Rahim $608,770
Previous Owner Fleck Diana M $164,000
Previous Owner Zehringer Thomas J $143,200
Previous Owner Zehringer Thomas J $140,000
Previous Owner Langenberg James R $107,152
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold -- -- --
10/16/2023 10/16/23 Off Market $650,000 -- --
09/18/2023 09/18/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $650,000 -- --
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 $1,983 $42,640 -- --
2024 $1,863 $40,130 $5,550 $34,580
2022 $1,416 $25,310 $4,490 $20,820
2021 $1,571 $26,620 $4,720 $21,900
2020 $1,543 $22,730 $3,950 $18,780
2019 $1,534 $22,730 $3,950 $18,780
2018 $1,404 $19,130 $3,280 $15,850
2017 $1,329 $19,130 $3,280 $15,850
2016 $1,101 $19,000 $3,340 $15,660
2014 -- $17,920 $3,150 $14,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 9697267

Pikes Peak REALTOR® Services

APN: 64302-17-037