225 N Cedar St Colorado Springs, CO 80903
Hillside/East Lake NeighborhoodEstimated payment $3,331/month
Total Views
3,085
--
Bed
--
Bath
2,275
Sq Ft
$253
Price per Sq Ft
Highlights
- Forced Air Heating System
- Ceiling Fan
- Laundry Facilities
About This Home
Run, don’t walk - Exceptional Opportunity in the heart of Downtown! Gorgeous home with additional dwelling unit in basement! This home features an entrance with a custom wood deck. The main floor kitchen is equipped with new appliances, granite countertops, and updated cabinets. Newer LVP flooring extends throughout the main floor. Laundry facilities are conveniently located on the main floor. A spacious main level bedroom provides walk-out access to a private wood deck in the backyard. The expansive master bedroom boasts two closets, LVP flooring, an adjoining master bathroom, built-ins, a seating area, and a skylight. Enjoy the stunning Pikes Peak view from the upstairs window. The basement apartment features brand new carpet and a new bathroom. Garden level windows provide ample natural light. The separate entrance for the basement unit makes it ideal for owner-occupancy with potential rental income from the second unit. There is also a large storage room in the basement. The backyard is designed for low maintenance with xeriscaping. Additional features include RV parking and alley access to the garage. Don’t miss this outstanding investment opportunity in the heart of downtown – walking distance or a short bike ride away from restaurants, coffee shops and all the vibrant city activities.
Listing Agent
RE/MAX Real Estate Group LLC Brokerage Phone: 719-534-7900 Listed on: 04/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,431
Year Built
- Built in 1901
Lot Details
- 6,251 Sq Ft Lot
- Back Yard Fenced
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Shingle Roof
- Stucco
Interior Spaces
- 2,275 Sq Ft Home
- Ceiling Fan
- Partial Basement
Kitchen
- Oven
- Microwave
- Dishwasher
Laundry
- Dryer
- Washer
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
Community Details
- 2 Units
- Laundry Facilities
Map
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
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 |
|---|---|---|---|---|
| 2024 | $1,317 | $30,180 | $3,900 | $26,280 |
| 2023 | $1,317 | $30,180 | $3,900 | $26,280 |
| 2022 | $979 | $17,490 | $3,610 | $13,880 |
| 2021 | $1,062 | $17,990 | $3,720 | $14,270 |
| 2020 | $1,032 | $15,210 | $2,860 | $12,350 |
| 2019 | $1,027 | $15,210 | $2,860 | $12,350 |
| 2018 | $930 | $12,670 | $2,160 | $10,510 |
| 2017 | $765 | $11,010 | $2,160 | $8,850 |
| 2016 | $706 | $12,170 | $1,990 | $10,180 |
| 2015 | $703 | $12,170 | $1,990 | $10,180 |
| 2014 | -- | $11,060 | $1,910 | $9,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | For Sale | $575,000 | 0.0% | $401 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $575,000 | +36.6% | $253 / Sq Ft |
| 04/12/2024 04/12/24 | Sold | $421,000 | 0.0% | $293 / Sq Ft |
| 04/12/2024 04/12/24 | Sold | $421,000 | -6.2% | $293 / Sq Ft |
| 02/28/2024 02/28/24 | Pending | -- | -- | -- |
| 02/23/2024 02/23/24 | Price Changed | $449,000 | 0.0% | $313 / Sq Ft |
| 02/23/2024 02/23/24 | Price Changed | $449,000 | -5.5% | $313 / Sq Ft |
| 01/24/2024 01/24/24 | For Sale | $475,000 | 0.0% | $331 / Sq Ft |
| 01/24/2024 01/24/24 | Price Changed | $475,000 | -4.8% | $331 / Sq Ft |
| 01/08/2024 01/08/24 | For Sale | $499,000 | 0.0% | $348 / Sq Ft |
| 12/20/2023 12/20/23 | Pending | -- | -- | -- |
| 11/28/2023 11/28/23 | For Sale | $499,000 | -- | $348 / Sq Ft |
Source: Pikes Peak REALTOR® Services
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $421,000 | Land Title Guarantee Company | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $239,900 | Legacy Title Group Llc | |
| Interfamily Deed Transfer | $149,900 | Commonwealth Title | |
| Warranty Deed | $111,000 | Security Title | |
| Interfamily Deed Transfer | -- | Unified Title | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,750 | New Conventional | |
| Previous Owner | $212,055 | VA | |
| Previous Owner | $231,069 | VA | |
| Previous Owner | $167,500 | Unknown | |
| Previous Owner | $137,100 | New Conventional | |
| Previous Owner | $103,500 | Unknown | |
| Previous Owner | $63,000 | Unknown | |
| Previous Owner | $67,500 | Unknown |
Source: Public Records
Similar Homes in Colorado Springs, CO
-
$575,000
- 3 Beds
- 3 Baths
- 1,435 Sq Ft
- 225 N Cedar St
- Colorado Springs, CO
Run, don’t walk - Exceptional Opportunity in the heart of Downtown! This home features an entrance with a custom wood deck. The main floor kitchen is equipped with new appliances, granite countertops, and updated cabinets. Newer LVP flooring extends throughout the main floor. Laundry facilities are conveniently located on the main floor. A spacious main level bedroom provides walk-out access to a
Brian Boals RE/MAX Real Estate Group Inc
-
$560,000
- 4 Beds
- 4 Baths
- 1,789 Sq Ft
- 326 E Saint Vrain St
- Colorado Springs, CO
Prime Investment Opportunity in Downtown Colorado Springs! Don't miss this incredible multi-family investment property, ideally located within walking distance of Downtown Colorado Springs and near Colorado College (just a block and a half off Nevada Avenue and all the amenities Downtown has to offer). The main house features three separate units, while a charming detached cottage in the rear
Sly Martinez Keller Williams Partners Realty
-
$620,000
- 6 Beds
- 3 Baths
- 2,918 Sq Ft
- 835 N Union Blvd
- Colorado Springs, CO
This well-maintained Victorian home is a highly profitable investment opportunity, offering three separate rental units with private entries. Whether you're looking to maximize rental income or live in one unit while renting out the others, this centrally located property—situated across from the Olympic Training Center with Pikes Peak views —delivers strong cash flow potential in a sought-after
Kathi Philpot Century 21 Dream Home
Source: Pikes Peak REALTOR® Services
MLS Number: 8767046
APN: 64172-11-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 223 Custer Ave
- 228 N Hancock Ave
- 225 N Institute St
- 910 E High St
- 1101 E Boulder St
- 918 E Boulder St
- 1302 E Platte Ave
- 424 N Cedar St
- 806 E Platte Ave
- 1326 E Platte Ave
- 752 E High St
- 924 E Saint Vrain St
- 746 E Platte Ave
- 750 E Kiowa St
- 1419 E Bijou St
- 1415 E Boulder St
- 911 E Willamette Ave
- 1418 E Pikes Peak Ave
- 107 N Logan Ave