225 N Cedar St Colorado Springs, CO 80903
Hillside/East Lake NeighborhoodEstimated payment $3,157/month
Total Views
11,650
3
Beds
3
Baths
1,435
Sq Ft
$383
Price per Sq Ft
Highlights
- Deck
- No HOA
- 1-Story Property
- Vaulted Ceiling
- Tile Flooring
- Laundry in multiple locations
About This Home
Are you looking for separate living for a college student, mother-in-law suite, multi-family, renter, and/or business? This home is ready for you! 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 private wood deck in the backyard. The expansive master bedroom boasts two closets, LVP flooring, an adjoining master bathroom, built-ins, a seating area, a skylight, and a new HVAC unit. Enjoy the stunning Pikes Peak view from the upstairs window. The basement apartment features brand new carpet and a new 3⁄4bathroom. 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 Inc Brokerage Phone: 719-459-9955 License #040016128 Listed on: 04/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,431
Year Built
- Built in 1901
Lot Details
- 1 Common Wall
- Partially Fenced Property
Parking
- 2 Car Garage
Home Design
- Duplex
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in multiple locations
- Dryer
- Washer
Basement
- Partial Basement
- Laundry in Basement
Outdoor Features
- Deck
Schools
- Columbia Elementary School
- North Middle School
- Palmer High School
Utilities
- Evaporated cooling system
- Mini Split Air Conditioners
- Forced Air Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- Adams & Mcdonalds Subdivision
Listing and Financial Details
- Exclusions: Any staging or personal property in home.
- Assessor Parcel Number 64172-11-010
Map
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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 |
|---|---|---|---|---|
| 2025 | $1,431 | $30,450 | -- | -- |
| 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 |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Price Changed | $550,000 | -4.3% | $242 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $575,000 | 0.0% | $253 / Sq Ft |
| 07/07/2025 07/07/25 | Pending | -- | -- | -- |
| 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: REcolorado®
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
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Source: REcolorado®
MLS Number: 5990959
APN: 64172-11-010
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