NOT LISTED FOR SALE

Estimated Value: $338,929 - $486,000

2 Beds
1 Bath
1,025 Sq Ft
$386/Sq Ft Est. Value

About This Home

This home is located at 2845 N Institute St, Colorado Springs, CO 80907 and is currently estimated at $395,982, approximately $386 per square foot. 2845 N Institute St is a home located in El Paso County with nearby schools including Stratton Elementary School, Mann Middle School, and William J. Palmer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2019
Sold by
Hemrick Gary and Spadafora Karolyn
Bought by
Mccord Austin Thomas
Current Estimated Value
$395,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Outstanding Balance
$221,516
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$174,774

Purchase Details

Closed on
Aug 4, 2018
Sold by
Hemrick Gary E
Bought by
Kling Donna and Spadafora Karolyn

Purchase Details

Closed on
Aug 1, 2007
Sold by
Black Donna J and Hemrick Gary E
Bought by
Hemrick Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,400
Interest Rate
6.69%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 26, 2006
Sold by
Hemrick Barbara A
Bought by
Black Donna J and Hemrick Gary E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mccord Austin Thomas $265,000 Unified Title Company
Kling Donna -- None Available
Hemrick Gary E -- None Available
Black Donna J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccord Austin Thomas $70,000
Open Mccord Austin Thomas $251,750
Previous Owner Hemrick Gary E $10,000
Previous Owner Hemrick Gary E $17,440
Previous Owner Hemrick Gary E $12,400
Previous Owner Hemrick Barbara A $14,000
Source: Public Records

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 $1,089 $25,940 -- --
2024 $979 $23,990 $4,860 $19,130
2022 $1,008 $18,020 $4,070 $13,950
2021 $1,093 $18,530 $4,180 $14,350
2020 $950 $13,990 $3,220 $10,770
2019 $944 $13,990 $3,220 $10,770
2018 $847 $11,540 $2,120 $9,420
2017 $802 $11,540 $2,120 $9,420
2016 $615 $10,600 $1,990 $8,610
2015 $612 $10,600 $1,990 $8,610
2014 $607 $10,090 $1,990 $8,100
Source: Public Records

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