NOT LISTED FOR SALE

Estimated Value: $473,000 - $564,000

5 Beds
2 Baths
2,236 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $500,000 $224 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,821/month

4 Days on Market

Highlights

  • City View
  • No HOA
  • In-Law or Guest Suite
  • Wood Flooring
  • Wood Frame Window
  • Storm Windows

About This Home

As of November 2021

Southwest side charmer... Cute, quaint, yet 5 bedrooms and two baths! Mountain Views! Up and coming neighborhood, check out the brand new shopping center on Cheyenne. New roof three years ago, updated hickory kitchen cabinets, hardwood floors, and mature landscaping with gorgeous and plentiful apple trees. Great place for a starter home or a perfect investment as an up/down rental space (the basement has a kitchenette and a separate entrance). Live upstairs and rent the downstairs instant income!!! Develop with R2 zoning which allows for multi units now or in the future, the new construction in the neighborhood is selling in and above the 800's... Close to everything, downtown, Colorado College, The Broadmoor, I-25, Colorado City, Cheyenne Canyon, yet quiet where wildlife abounds, a perfect piece of Colorado!

Last Agent to Sell the Property

Moriah Sullivan

Elevens Real Estate Inc Listed on: 10/15/2021

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1955

Lot Details

  • 7,200 Sq Ft Lot
  • West Facing Home
  • Sloped Lot
  • Property is zoned R2

Property Views

  • City
  • Mountain

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,236 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Family Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Radon Detector
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Adams Elementary School
  • North Middle School
  • Palmer High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sommerlyn Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6430222006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,125

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Sommerlyn Hills
  • Above Grade Finished Sq Ft: 1118
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2236
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: Full, 90%+ Finished Basement, Walk-Out Access, Built-In Radon
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1118
  • Door Features: Storm Door(s)
  • Flooring: Wood Floors
  • Interior Amenities: In-Law Floorplan, Separate Dining Room
  • Living Area: 2236
  • Window Features: Wood Frames, Storm Window(s)
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Carpet
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Wood Floor
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Carpet
  • Room Family Room Level: Basement
  • Room Kitchen Features: Vinyl Floor
  • Room Living Room Area: 168
  • Family Room Features: Carpet
  • Living Room Features: Carpet
  • Room Kitchen Area: 170
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 140
  • Room Dining Room Area: 100
  • Master Bathroom Features: Shared Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Sloped, Within City Limits
  • View: Mountain(s), Plains View, City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: West
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: None

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups, In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Colorado Springs
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Adams
  • HighSchool: Palmer
  • Junior High Dist: Colorado Springs 11
  • Middle Or Junior School: North

Lot Info

  • Zoning: R2
  • Lot Size Sq Ft: 7200
  • Parcel #: 6430222006
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1125

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 12, 2021
Sold by
Boylan Heather
Bought by
Carter Tyler and Carter Kaitlyn
Seller's Agent
Moriah Sullivan
Elevens Real Estate Inc
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%
Current Estimated Value
$509,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,168
Avg. Annual Appreciation
-1.10%
Original Mortgage
$400,000
Outstanding Balance
$368,067
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$111,108

Purchase Details

Closed on
Jan 31, 2019
Sold by
Salmore Daniel L and Salmore Rochelle G
Bought by
Boylan Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2000
Sold by
Salmore Kristine J
Bought by
Salmore Daniel L and Salmore Rochelle G
Source: Public Records

Range of Values:

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Average Value
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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
Carter Tyler $500,000 Land Title Guarantee Company
Boylan Heather $305,000 Land Title Guarantee Co
Salmore Daniel L $69,355 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Tyler $400,000
Previous Owner Boylan Heather $244,000
Previous Owner Salmore Daniel L $104,611
Previous Owner Salmore Daniel L $110,000
Previous Owner Salmore Daniel L $110,000
Previous Owner Salmore Daniel L $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Off Market $500,000 -- --
11/12/2021 11/12/21 Sold $500,000 +3.1% $224 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $485,000 -- $217 / Sq Ft
Source: IRES MLS

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 $1,290 $32,400 -- --
2024 $1,178 $27,630 $5,550 $22,080
2022 $1,056 $18,870 $4,590 $14,280
2021 $1,145 $19,410 $4,720 $14,690
2020 $1,125 $16,570 $3,950 $12,620
2019 $1,119 $16,570 $3,950 $12,620
2018 $511 $13,950 $3,280 $10,670
2017 $484 $13,950 $3,280 $10,670
2016 $399 $13,770 $3,340 $10,430
2015 $397 $13,770 $3,340 $10,430
2014 $391 $12,990 $3,150 $9,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 953350

IRES MLS

APN: 64302-22-006