2587 Hatch Cir Colorado Springs, CO 80918
Falcon Estates NeighborhoodEstimated payment $2,322/month
Total Views
78,752
3
Beds
3.5
Baths
1,982
Sq Ft
$171
Price per Sq Ft
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Living Room with Fireplace
- Pioneer Elementary School Rated A-
- Clubhouse
- Vaulted Ceiling
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.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,265
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
HOA Fees
- $340 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Insulated Garage
- Lighted Parking
- Dry Walled Garage
Home Design
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Living Room with Fireplace
Kitchen
- <<selfCleaningOvenToken>>
- <<microwave>>
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Linoleum
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
Laundry
- Dryer
- Washer
Finished Basement
- Partial Basement
- Interior Basement Entry
Home Security
Outdoor Features
- 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
- Natural Gas Connected
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Exclusions: Seller & Tenant Personal Property
- Assessor Parcel Number 63094-14-021
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
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
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 | $1,265 | $26,050 | -- | -- |
| 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 | -- | $171 / 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
-
$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: 3355334
APN: 63094-14-021
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