NOT LISTED FOR SALE

Estimated Value: $648,000 - $942,000

9 Beds
6 Baths
2,294 Sq Ft
$346/Sq Ft Est. Value

Last Sold March 20, 2023

Current estimated payment $4,621/month

35 Days on Market

About This Home

As of March 2023

Incredibly rare investment opportunity in a strong rental market! This stuccoed triplex is BRAND NEW (under construction) with an estimated completion date of November 2022 is positioned perfectly near not one, but two colleges, hospitals, the olympic training center, shopping and more! Each unit has such a fresh and clean feel to it due to the LVP flooring, carpet in the bedrooms, white quartz countertops, white soft close cabinets, and white backsplash. On the main level you will find the living room with a big window, 2 generously sized bedrooms with a full bathroom in-between, and the kitchen. The upper level offers a HUGE master bedroom to go along with a walk in closet and a bathroom that anyone would love. Each unit has its own off street parking and the units are pre-vented for AC. With the property being on a corner lot, there are two points of ingress and egress which give the units a sense of privacy.

Last Agent to Sell the Property

Sevin Murdock

Stone Gable Real Estate LLC License #100073614 Listed on: 10/25/2022

Last Buyer's Agent

Leah Keeling

Your Castle Real Estate Inc License #100086466

Your Castle Real Estate Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $406

Year Built

  • Built in 2022

Lot Details

  • 9,583

Parking

  • 2 Car Attached Garage
  • 4 Off-Street Spaces

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,294 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Schools

  • Edison Elementary School
  • Mann Middle School
  • Coronado High School

Utilities

  • Forced Air Heating System

Community Details

  • Papeton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 63322-11-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$406

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Above Grade Price per Sq Ft: 435.92
  • Finished Price per Sq Ft: 435.92
  • Total Price per Sq Ft: 367.11
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 2294.00
  • Living Area: 2294.00
  • Offstreet Spaces: 4
  • SubdivisionName: Papeton
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 9

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air

Schools

  • School District: Colorado Springs 11
  • Elementary School: Edison
  • Middle School: Mann
  • High School: Coronado
  • Middle Or Junior School: Mann

Lot Info

  • Parcel Number: 63322-11-012
  • Building Area Total: 2724.00

Multi Family

  • Unit Count: 3

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 406.00

MLS Schools

  • Elementary School: Edison
  • High School: Coronado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Mar 20, 2023
Sold by
Investments Unlimited Llc
Bought by
James Watson Heinzer & Barbara Guldin Heinzer
Seller's Agent
Sevin Murdock
Stone Gable Real Estate LLC
Buyer's Agent
Leah Keeling
Your Castle Real Estate Inc
List Price
$985,000
Sold Price
$1,000,000
Premium/Discount to List
$15,000
1.52%
Views
23
Current Estimated Value
$794,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$205,333
Avg. Annual Appreciation
-6.99%

Purchase Details

Closed on
Dec 14, 2022
Sold by
Rollefson William C
Bought by
Investments Unlimited Llc

Purchase Details

Closed on
Sep 7, 2021
Sold by
Investments Unlimited Llc
Bought by
Investments Unlimited Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2021
Sold by
Rollefson William C
Bought by
Investments Unlimited Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2021
Sold by
Brown Elizabeth
Bought by
Rollefson William C

Purchase Details

Closed on
Aug 1, 2005
Sold by
Stone Dodd Erwin
Bought by
Brown Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,420
Interest Rate
9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 1, 1981
Bought by
Brown Elizabeth
Source: Public Records

Range of Values:

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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
James Watson Heinzer & Barbara Guldin Heinzer -- --
Investments Unlimited Llc -- --
Investments Unlimited Llc -- Heritage Title Company
Investments Unlimited Llc -- Heritage Title Company
Rollefson William C $125,000 Heritage Title Company
Brown Elizabeth $53,800 Title America
Brown Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Investments Unlimited Llc $525,000
Previous Owner Brown Elizabeth $56,000
Previous Owner Brown Elizabeth $48,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold -- -- --
03/20/2023 03/20/23 Sold $1,000,000 +1.5% $436 / Sq Ft
02/01/2023 02/01/23 Off Market $985,000 -- --
01/30/2023 01/30/23 For Sale $985,000 0.0% $2,105 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $985,000 -- $429 / Sq Ft
Source: REcolorado®

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 $3,235 $64,380 -- --
2024 $2,436 $62,760 $7,490 $55,270
2023 $2,436 $50,590 $7,490 $43,100
2022 $769 $13,750 $13,750 $0
2021 $406 $6,880 $3,390 $3,490
2020 $365 $5,380 $2,610 $2,770
2019 $363 $5,380 $2,610 $2,770
2018 $308 $4,200 $1,720 $2,480
2017 $292 $4,200 $1,720 $2,480
2016 $217 $3,740 $1,620 $2,120
2015 $216 $3,740 $1,620 $2,120
2014 $212 $3,530 $1,620 $1,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2225525

REcolorado®

APN: 63322-11-012