3027 N Institute St Colorado Springs, CO 80907
Venetian Village NeighborhoodEstimated payment $2,060/month
About This Home
Welcome to a centrally located duplex in Colorado Springs designed for flexibility, income potential, and long-term value. This property was previously a single-family home and has been converted into two separate living spaces. This layout makes it easy to attract renters, support multigenerational living, or create an affordable setup for a starter family. Each unit has its own entrance, kitchen, bedrooms, and bathroom, offering privacy and flexibility for a variety of needs. Here’s your chance to step into ownership with built-in value and room to grow.
Open House Schedule
-
Sunday, December 07, 202511:00 am to 1:00 pm12/7/2025 11:00:00 AM +00:0012/7/2025 1:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,131
Year Built
- Built in 1954
Home Design
- Duplex
Interior Spaces
- 1,728 Sq Ft Home
- Ceiling Fan
Kitchen
- Oven
- Dishwasher
Laundry
- Dryer
- Washer
Additional Features
- 6,360 Sq Ft Lot
- Forced Air Heating System
Community Details
- 2 Units
Map
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 | $1,131 | $25,080 | -- | -- |
| 2024 | $1,020 | $24,750 | $3,940 | $20,810 |
| 2022 | $889 | $15,890 | $3,220 | $12,670 |
| 2021 | $986 | $16,710 | $3,390 | $13,320 |
| 2020 | $922 | $13,590 | $2,610 | $10,980 |
| 2019 | $917 | $13,590 | $2,610 | $10,980 |
| 2018 | $773 | $10,540 | $1,720 | $8,820 |
| 2017 | $732 | $10,540 | $1,720 | $8,820 |
| 2016 | $554 | $9,550 | $1,620 | $7,930 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | For Sale | $375,000 | -- | $217 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Ascendant Title Co | |
| Interfamily Deed Transfer | $125,000 | None Available | |
| Warranty Deed | $75,803 | Vista Title | |
| Warranty Deed | $135,000 | Vista Title Company | |
| Warranty Deed | $115,000 | First American |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $124,950 | New Conventional | |
| Closed | $51,000 | Seller Take Back | |
| Previous Owner | $55,000 | Seller Take Back | |
| Previous Owner | $100,625 | Stand Alone First | |
| Closed | $23,000 | No Value Available |
Source: Pikes Peak REALTOR® Services
MLS Number: 1195603
APN: 63322-19-005
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