NOT LISTED FOR SALE

Estimated Value: $457,174 - $522,000

3 Beds
2 Baths
816 Sq Ft
$608/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $512,000 $627 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,808/month

7 Days on Market

About This Home

As of March 2024

Embark on a new low-maintenance investment journey with this fully remodeled 1960s duplex in the desirable Old Colorado City area of Colorado Springs – a prime opportunity on the thriving West Side real estate market. This property also boasts a recent 200 amp electric service upgrade, elevating its appeal and ensuring long-term efficiency.

This duplex has undergone a comprehensive transformation, featuring new furnaces with central A/C added to the upper unit, a new roof, re-poured concrete slab foundation areas, new individual-unit laundry areas, and freshly applied stucco that enhances both aesthetics and structural integrity. Inside, the units have been thoughtfully redesigned with contemporary kitchens, complete with sleek new stainless steel appliances, granite countertops, and upgraded bathrooms that exude luxury and sophistication.

Outdoors, newly poured concrete patios and composite decks provide enticing spaces for tenants to relax, surrounded by the natural beauty of Colorado. The interiors offer a perfect blend of modernity with new luxury vinyl flooring and fresh paint, creating an inviting and contemporary atmosphere. The duplex's ample off-street parking and quiet street location enhance its practicality and appeal.

With the allure of Old Colorado City, this remodeled duplex stands out as an exceptional venture in the bustling Colorado Springs real estate market. See Agent/Show Remarks.

Last Agent to Sell the Property

Beth Haney

Colorado Peak Real Estate Listed on: 02/02/2024

Last Buyer's Agent

Marquesa Hobbs

The Platinum Group

The Platinum Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 1967

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Walk-Out Basement

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,141

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Handicap Amenities: Stairs to back entrance, Stairs to front entrance
  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1967
  • Special Features: None

Interior Features

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

Exterior Features

  • New Construction: Existing
  • Fence: None
  • Foundation Details: Slab, Walk Out
  • Roof: Composite Shingle
  • Exterior Construction: Stucco
  • Structure: Framed on Lot, Frame

Garage/Parking

  • ParkingSpacesNumberOf: 4

Utilities

  • Cooling: Ceiling Fan(s), Central Air, See Prop Desc Remarks
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas
  • Hot Water: Municipal

Schools

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

Lot Info

  • Program Acres Total: 0.1607
  • Lot Size: 7000.0000

Tax Info

  • Flip Tax Amount: 1141.41
  • Tax Year: 2023

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 8, 2024
Sold by
215 N Fourteenth Llc
Bought by
Bond Jonathan
Seller's Agent
Beth Haney
Colorado Peak Real Estate
Buyer's Agent
Marquesa Hobbs
The Platinum Group
List Price
$512,000
Sold Price
$512,000
Views
16
Current Estimated Value
$496,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,706
Avg. Annual Appreciation
-3.06%
Original Mortgage
$409,600
Outstanding Balance
$403,646
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$85,666

Purchase Details

Closed on
Sep 1, 2021
Sold by
Haney John C and Haney Elizabeth N
Bought by
215 N Fourteenth Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2021
Sold by
Renner Daniel S and Renner Nicole
Bought by
Haney John C and Haney Elizabeth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2019
Sold by
Berry Jay T
Bought by
Renner Daniel S and Renner Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2001
Sold by
Berry Raymond Franklin and Berry Raymond F
Bought by
Berry Jay T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,375
Interest Rate
6.96%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 1994
Sold by
Berry Cheryl W
Bought by
Berry Raymond Franklin

Purchase Details

Closed on
Apr 29, 1993
Bought by
Berry Jay T

Purchase Details

Closed on
Nov 1, 1980
Bought by
Berry Jay T
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
Bond Jonathan $512,000 Stewart Title
215 N Fourteenth Llc -- None Available
Haney John C $370,000 Land Title Guarantee Company
Renner Daniel S $275,000 Empire Title Co Springs Llc
Berry Jay T $137,500 First American Heritage Titl
Berry Raymond Franklin -- --
Berry Jay T -- --
Berry Jay T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bond Jonathan $409,600
Previous Owner Haney John C $277,500
Previous Owner Renner Daniel S $206,250
Previous Owner Berry Jay T $154,000
Previous Owner Berry Jay T $36,000
Previous Owner Berry Jay T $138,000
Previous Owner Berry Jay T $135,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $512,000 0.0% $627 / Sq Ft
02/22/2024 02/22/24 Off Market $512,000 -- --
02/09/2024 02/09/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $512,000 -- $627 / 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 $1,253 $27,140 -- --
2024 $1,141 $26,970 $5,160 $21,810
2023 $1,141 $26,970 $5,160 $21,810
2022 $1,134 $20,270 $3,490 $16,780
2021 $1,257 $21,310 $3,670 $17,640
2020 $1,231 $18,140 $3,120 $15,020
2019 $1,225 $18,140 $3,120 $15,020
2018 $1,058 $14,420 $2,880 $11,540
2017 $1,002 $14,420 $2,880 $11,540
2016 $815 $14,050 $3,180 $10,870
2015 $811 $14,050 $3,180 $10,870
2014 $769 $12,780 $2,870 $9,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 3492557

Pikes Peak REALTOR® Services

APN: 74123-19-014