NOT LISTED FOR SALE

Estimated Value: $504,000 - $565,554

5 Beds
2 Baths
1,956 Sq Ft
$279/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $550,000 $281 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,149/month

3 Days on Market

Highlights

  • Mountain View
  • Granite Countertops
  • No HOA
  • Wood Flooring
  • Private Yard
  • Cottage

About This Home

As of March 2023

Nestled in the charming community of Prospect Heights, this income producing duplex is perfectly set up for short-term rentals in both units. Or owner occupy one while renting the second to offset the mortgage! Each level has a separate entrance with their own living spaces and full kitchens. Each level of this gem has been renovated and offers a great functional open floor plan and a new electrical panel. The main level features a bright and sunny layout enhanced with hardwood floors, 3 bedrooms, full bath, a study with full sized laundry room, and a beautifully updated eat-in kitchen with modern gray shaker cabinets, new granite countertops, and updated appliances. The basement has a separate entrance with its own living room, full kitchen, dining space, full bath, two bedrooms (one non-conforming), and laundry room space in the utility room. This dynamic space can serve as a lock-off apartment, creating an opportunity for separate rental potential. A convenient laundry room is located on each floor. Oversized backyard with new privacy fence, new retaining wall, patio with fire pit, and new landscaping. Zoned R2. Most furnishings will be included. Prime central Colorado Springs location with easy access to I-25. Walking distance to Old Colorado City, Monument Valley Park, and downtown - with trendy restaurants, shopping, and entertainment galore!

Last Agent to Sell the Property

Mercede Ragghianti

Redfin Corporation License #100055635 Listed on: 02/07/2023

Redfin Corporation

Last Buyer's Agent

Ryan Thomson

Keller Williams Advantage Realty LLC License #100092341

Keller Williams Advantage Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,601

Year Built

  • Built in 1895 | Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Private Yard
  • Garden
  • Property is zoned R2

Parking

  • 4 Parking Spaces

Home Design

  • Cottage
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Partially Furnished
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Home Office
  • Utility Room
  • Mountain Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Bedroom in Basement
  • 2 Bedrooms in Basement

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • West Elementary And Middle School
  • Coronado High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Prospect Heights Subdivision
  • Foothills

Listing and Financial Details

  • Exclusions: Seller`s personal property.
  • Assessor Parcel Number 74131-04-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,601

Year Built

Built in 1895 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Structure Type: House
  • Levels: One
  • Year Built: 1895
  • Above Grade Finished Sq Ft: 978
  • Exclusions: Seller`s personal property.
  • Living Area: 1956
  • Pets Allowed: Yes
  • Property Condition: Updated/Remodeled
  • Directions: From I-25, take the W Bijou St exit and head west, Turn right onto N 7th St, Turn right to stay on N 7th St, Destination will be on the left.
  • SubdivisionName: Prospect Heights
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven
  • Interior Amenities: Granite Counters, High Speed Internet, Smoke Free
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Basement: Exterior Entry, Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 978
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Roof: Composition
  • Construction Materials: Concrete, Frame, Wood Siding
  • View: Mountain(s)
  • Exterior Features: Garden, Lighting, Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Front Porch, Patio
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

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: West

Lot Info

  • Horses: No
  • Parcel Number: 74131-04-028
  • Lot Size Acres: 0.14
  • Fencing: Full
  • Building Area Total: 1956
  • Lot Features: Foothills
  • Lot Size Sq Ft: 6000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1601

MLS Schools

  • Elementary School: West
  • High School: Coronado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 10, 2023
Sold by
Shaffer Patrick W
Bought by
Asedo Thomas S and Asedo Hannah H
Seller's Agent
Mercede Ragghianti
Redfin Corporation
Buyer's Agent
Ryan Thomson
Keller Williams Advantage Realty LLC
List Price
$550,000
Sold Price
$550,000
Views
17
Current Estimated Value
$546,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,861
Avg. Annual Appreciation
-3.00%
Original Mortgage
$490,776
Outstanding Balance
$470,059
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$41,278

Purchase Details

Closed on
Sep 28, 2017
Sold by
L & M Mortgage Service Llc
Bought by
Shaffer Patrick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,428
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Mar 24, 2017
Sold by
Amann Randy and Amann Linda
Bought by
L And M Mortgage Service Llc

Purchase Details

Closed on
Aug 14, 2003
Sold by
Federal National Mortgage Association
Bought by
Amann Randy and Amann Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
5.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2003
Sold by
Ford David P and Gibson Ford Raquel
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Asedo Thomas S $550,000 Title Forward
Shaffer Patrick W $299,000 None Available
L And M Mortgage Service Llc $215,000 None Available
Amann Randy $119,000 --
Federal National Mortgage Association $127,704 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asedo Thomas S $490,776
Previous Owner Shaffer Patrick W $283,098
Previous Owner Shaffer Patrick W $306,428
Previous Owner Amann Randy $92,000
Previous Owner Amann Randy $89,250
Previous Owner Ford David P $22,485
Previous Owner Ford David P $120,000
Previous Owner Ford David P $116,450
Previous Owner Ford David P $107,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $550,000 0.0% $281 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $550,000 -- $281 / 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 $1,590 $33,020 -- --
2024 $1,474 $33,020 $4,290 $28,730
2022 $1,476 $26,380 $2,970 $23,410
2021 $1,601 $27,140 $3,060 $24,080
2020 $1,566 $23,080 $2,600 $20,480
2019 $1,558 $23,080 $2,600 $20,480
2018 $1,552 $21,150 $2,400 $18,750
2017 $876 $21,150 $2,400 $18,750
2016 $711 $12,270 $2,650 $9,620
2015 $709 $12,270 $2,650 $9,620
2014 -- $11,260 $2,390 $8,870
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 9949014

REcolorado®

APN: 74131-04-028