Estimated Value: $394,000 - $468,000

4 Beds
2 Baths
-- Sq Ft
4,800 Sq Ft Lot

Last Sold August 26, 2022

Current estimated payment $2,433/month

Highlights

  • Ceiling Fan
  • Fenced Front Yard
  • 2-minute walk to Memorial Park
  • Baseboard Heating

About This Home

As of August 2022

This Duplex is a fantastic rental opportunity. Located downtown right across the street from Memorial Park and in walking distance of Prospect Lake so occupants will have a great view and easy access to all of the big annual events held at Memorial Park. Recently remodeled. Tenants have separate meters and pay their own utilities.

Last Agent to Sell the Property

Amanda Korum

Venterra Real Estate LLC Listed on: 06/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1963

Lot Details

  • 4,800 Sq Ft Lot
  • Fenced Front Yard

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • Ceiling Fan
  • Oven

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

Overview

  • 2 Units

Recreation

  • Fenced Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,164

Year Built

Built in 1963

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up, Gas Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer

Exterior Features

  • Fence: Community, Front

Garage/Parking

  • ParkingSpacesNumberOf: 2
  • ListingUnits_1_NumGarage: 0
  • ListingUnits_2_NumGarage: 0

Utilities

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

Schools

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

Lot Info

  • Program Acres Total: 0.1102
  • Lot Size: 4801.0000

Tax Info

  • Flip Tax Amount: 1164.24
  • Tax Year: 2021

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Korum Realty Inc
Bought by
Mullett Mark
Current Estimated Value
$424,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$345,028
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$50,825

Purchase Details

Closed on
Feb 6, 2015
Sold by
Guy Leslie A
Bought by
Koukouvaos Erasmia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1978
Bought by
Koukouvaos Erasmia
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
Mullett Mark $480,000 New Title Company Name
Mullett Mark $480,000 Guaranty Land Title
Koukouvaos Erasmia $135,000 Empire Title Co Springs Llc
Koukouvaos Erasmia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullett Mark $360,000
Closed Mullett Mark $360,000
Previous Owner Koukouvaos Erasmia $168,000
Previous Owner Koukouvaos Erasmia $132,554
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold -- -- --
07/23/2022 07/23/22 Off Market $480,000 -- --
07/19/2022 07/19/22 Price Changed $480,000 -4.0% --
06/30/2022 06/30/22 For Sale $499,900 -- --
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 $1,327 $31,910 -- --
2024 $1,214 $28,290 $3,510 $24,780
2022 $1,073 $19,170 $3,250 $15,920
2021 $1,164 $19,730 $3,350 $16,380
2020 $1,055 $15,550 $2,570 $12,980
2019 $1,050 $15,550 $2,570 $12,980
2018 $846 $11,530 $1,940 $9,590
2017 $801 $11,530 $1,940 $9,590
2016 $649 $11,200 $1,790 $9,410
2015 $647 $11,200 $1,790 $9,410
2014 $624 $10,370 $1,670 $8,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 1580570

Pikes Peak REALTOR® Services

APN: 64173-07-020