NOT LISTED FOR SALE

Estimated Value: $456,339 - $550,000

6 Beds
4 Baths
2,280 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $470,000 $206 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,762/month

36 Days on Market

About This Home

As of May 2024

Incredible opportunity to own a wonderful duplex in the heart of Colorado Springs * Each unit is in great condition with some recent updates and very generous 3 bedroom, 2 bath floor plans * Large kitchen and bedrooms, great outdoor space for each unit * Off-street parking is a bonus * Convenience to downtown is a plus, walk to parks and schools are close by as well. Hard to find great units with an easy ability to rent due to size and location. The oversized 2 car garage is available for these tenants * If making an offer, would need to be contingent on viewing one of the units, all are occupied with new leases until April 2025. Can also be purchased as a package with 2445 E. Monument street which is the same building adjacent. Inquire for more details! Hurry!

Last Agent to Sell the Property

Dean Weissman

The Platinum Group Listed on: 04/02/2024

The Platinum Group

Last Buyer's Agent

Bryan Vail

RE/MAX Real Estate Group License #FA40037963

RE/MAX Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 2004

Lot Details

  • 9,470

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Kitchen

  • Oven
  • Range Hood
  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available

Additional Features

  • Electric Dryer Hookup
  • Crawl Space
  • 9,470 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,214

Year Built

Built in 2004

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Kitchen Vent Fan, Oven, Range, Refrigerator

Exterior Features

  • New Construction: Existing
  • Foundation Details: Crawl Space
  • Roof: Composite Shingle
  • Exterior Construction: Alum/Vinyl/Steel
  • Structure: Frame

Garage/Parking

  • ParkingSpacesNumberOf: 2
  • ListingUnits_1_NumGarage: 1
  • ListingUnits_2_NumGarage: 1

Utilities

  • Cooling: Other
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Telephone
  • Hot Water: Municipal

Schools

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

Lot Info

  • Program Acres Total: 0.2174
  • Lot Size: 9472.0000

Tax Info

  • Flip Tax Amount: 1213.74
  • Tax Year: 2022

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 9, 2024
Sold by
Maher Ralph C
Bought by
Cardinals Nest Llc
Seller's Agent
Dean Weissman
The Platinum Group
Buyer's Agent
Bryan Vail
RE/MAX Real Estate Group
List Price
$510,000
Sold Price
$470,000
Premium/Discount to List
-$40,000
-7.84%
Views
27
Current Estimated Value
$497,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,835
Avg. Annual Appreciation
1.06%

Purchase Details

Closed on
Jun 16, 2005
Sold by
Oneil Kendra W
Bought by
Maher Ralph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2004
Sold by
Oneil Michael W
Bought by
Oneil Kendra W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2004
Sold by
Oneil Michael W
Bought by
Oneil Kendra W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2003
Sold by
Case Arthur
Bought by
Atlantic To Pacific Acquisitions Llc

Purchase Details

Closed on
Sep 10, 1987
Bought by
Maher Ralph C

Purchase Details

Closed on
Dec 1, 1984
Bought by
Maher Ralph C
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
Cardinals Nest Llc $470,000 Gtg
Maher Ralph C $270,000 North American Title Company
Oneil Kendra W -- --
Oneil Kendra W -- --
Atlantic To Pacific Acquisitions Llc -- --
Maher Ralph C -- --
Maher Ralph C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maher Ralph C $202,999
Previous Owner Maher Ralph C $216,000
Previous Owner Oneil Kendra W $192,000
Closed Maher Ralph C $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $470,000 -7.8% $206 / Sq Ft
04/12/2024 04/12/24 Off Market $510,000 -- --
04/02/2024 04/02/24 For Sale $510,000 -- $224 / 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 $1,435 $32,300 -- --
2024 $1,321 $30,240 $3,430 $26,810
2023 $1,321 $30,240 $3,430 $26,810
2022 $1,214 $21,690 $2,490 $19,200
2021 $1,346 $22,810 $2,620 $20,190
2020 $1,347 $19,840 $2,290 $17,550
2019 $1,339 $19,840 $2,290 $17,550
2018 $1,305 $17,780 $1,510 $16,270
2017 $1,236 $17,780 $1,510 $16,270
2016 $1,085 $18,720 $1,670 $17,050
2015 $1,081 $18,720 $1,670 $17,050
2014 $1,083 $18,000 $1,670 $16,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 9767287

Pikes Peak REALTOR® Services

APN: 64094-09-036