2587 Hatch Cir Colorado Springs, CO 80918
Falcon Estates NeighborhoodEstimated payment $2,245/month
Total Views
58,768
3
Beds
4
Baths
1,997
Sq Ft
$170
Price per Sq Ft
Highlights
- Tennis Courts
- Outdoor Pool
- Open Floorplan
- Pioneer Elementary School Rated A-
- Primary Bedroom Suite
- Clubhouse
About This Home
Income-Generating Townhome. This 3-bedroom, 3.5-bath townhome offers a fantastic opportunity for investors looking to add a high-demand rental property to their portfolio. Located in the desirable North Colorado Springs area, this freshly painted and carpeted townhome is situated in a thriving rental market, ensuring consistent tenant interest and steady cash flow potential. The open-concept main floor includes a bright living room with a sky light and a cozy gas fireplace. The kitchen offers all appliances, ample storage, and two windows, making it an appealing space for tenants. The upstairs includes two generously sized bedrooms, including a primary suite with a full bath, vaulted ceilings, & sky light. Loft space offers flexibility for tenants needing extra space for family or a home office. Outdoor Space: A fenced patio provides tenants with their own outdoor area, perfect for relaxation. The townhome includes a 2-car attached garage, in-unit laundry with washer/dryer, and central heating—features that are highly attractive to potential renters. HOA covers landscaping and snow removal, minimizing the maintenance requirements for property owners and ensuring the exterior is always well-kept. This property is located in the sought-after Cottonwood Creek area, close to schools, parks, shopping, and dining. With easy access to hiking trails, and major roadways like I-25 and Powers, it’s a convenient location that appeals to a wide range of renters. With rental demand strong in this area and the property offering many amenities in the community, this townhome is poised to generate consistent rental income. Whether you're a seasoned investor or just starting to build your real estate portfolio, this is an ideal opportunity to invest in a property with significant long-term value.
Listing Agent
Acquire Homes Inc. Brokerage Email: scott@acquirehomes.com,719-321-5300 License #100086242 Listed on: 02/26/2025
Co-Listing Agent
Acquire Homes Inc. Brokerage Email: scott@acquirehomes.com,719-321-5300 License #40024925
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,207
Year Built
- Built in 1986
Lot Details
- 1,307 Sq Ft Lot
- Home fronts a stream
- Two or More Common Walls
- South Facing Home
- Landscaped
- Protected Watershed
- Many Trees
HOA Fees
- $340 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Insulated Garage
- Lighted Parking
- Dry Walled Garage
Home Design
- Quadruplex
- Composition Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- Open Floorplan
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Living Room with Fireplace
Kitchen
- Self-Cleaning Oven
- Range Hood
- Microwave
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Linoleum
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- 4 Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Laundry in Basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Outdoor Pool
- Tennis Courts
- Exterior Lighting
- Rain Gutters
- Front Porch
Schools
- Pioneer Elementary School
- Mountain Ridge Middle School
- Rampart High School
Utilities
- Mini Split Air Conditioners
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Exclusions: Seller & Tenant Personal Property
- The owner pays for association fees, insurance, taxes
- Assessor Parcel Number 6309414021
Community Details
Overview
- Association fees include irrigation, ground maintenance, maintenance structure, road maintenance, sewer, snow removal, trash, water
- Cottonwood Creek Townhome Assocation Association, Phone Number (719) 260-4546
- Cottonwood Creek Subdivision
- Community Parking
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
Pet Policy
- Pets Allowed
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 |
|---|---|---|---|---|
| 2024 | $1,207 | $25,100 | $4,860 | $20,240 |
| 2022 | $1,214 | $18,340 | $3,340 | $15,000 |
| 2021 | $1,348 | $18,860 | $3,430 | $15,430 |
| 2020 | $1,099 | $14,270 | $2,400 | $11,870 |
| 2019 | $1,087 | $14,270 | $2,400 | $11,870 |
| 2018 | $1,008 | $13,010 | $1,940 | $11,070 |
| 2017 | $1,005 | $13,010 | $1,940 | $11,070 |
| 2016 | $1,001 | $12,950 | $1,830 | $11,120 |
| 2015 | $999 | $12,950 | $1,830 | $11,120 |
| 2014 | $904 | $11,700 | $1,590 | $10,110 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | For Sale | $339,900 | 0.0% | $170 / Sq Ft |
| 01/02/2025 01/02/25 | For Sale | $339,900 | -- | $170 / Sq Ft |
Source: REcolorado®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Elevated Title | |
| Warranty Deed | $135,000 | Unified Title Company | |
| Warranty Deed | $150,000 | Land Title | |
| Warranty Deed | $122,900 | North American Title | |
| Warranty Deed | $113,900 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $177,000 | New Conventional | |
| Closed | $115,500 | New Conventional | |
| Closed | $133,320 | FHA | |
| Closed | $131,577 | FHA | |
| Previous Owner | $19,998 | Unknown | |
| Previous Owner | $104,958 | FHA | |
| Previous Owner | $112,730 | FHA |
Source: Public Records
About the Listing Agent
Hello! I’m Scott Reinmuth, a dedicated real estate professional with a rich family heritage in the industry and a strong commitment to serving the community. Since 2020, I’ve been proudly working in real estate, following in the footsteps of my father and grandfather, making me a third-generation realtor. Real estate truly runs in my blood.
Before I embarked on my real estate career, I served in the United States Marine Corps, where I developed a strong work ethic, discipline, and a
Scott's Other Listings
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$609,900
- 3 Beds
- 2.5 Baths
- 2,710 Sq Ft
- 15653 Split Creek Dr
- Monument, CO
***See the Amazing Video at the Virtual Tour Link on the listing***Welcome to a charming ranch-style home in the beautiful community of Monument, CO. Step inside to discover vaulted ceilings on the main level and an abundance of large windows that fill the home with natural light. The inviting living room features a cozy gas fireplace, perfect for chilly Colorado evenings. The spacious kitchen
Scott Reinmuth Acquire Homes Inc.
-
$370,000 Sold Sep 11, 2024
- 3 Beds
- 3.5 Baths
- 2,028 Sq Ft
- 3419 Trenary Ln
- Unit 3419
- Colorado Springs, CO
Source: REcolorado®
MLS Number: 8673522
APN: 63094-14-021
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