NOT LISTED FOR SALE

Estimated Value: $490,000 - $539,000

4 Beds
2.5 Baths
2,812 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $495,000 $176 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,937/month

39 Days on Market

Highlights

  • Views of Pikes Peak
  • Main Floor Bedroom
  • Oversized Parking
  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of February 2024

Don’t miss this great opportunity. Take a step into this beautiful property situated in Old Colorado City right between Colorado Springs and Manitou. This properties location could not be better; With great shopping, eating, night life, hiking, and biking trails just minutes from your door. This home features an extra large double lot which could be divided to build another home on it. The home comes with a 2 car detached garage. The interior of the home has beautiful architectural character and a warm welcoming feeling. The kitchen has brand new granite counter tops and appliances. It also features new luxury vinyl flooring. One of the rooms upstairs is non-conforming but could still be well used as a bedroom or office. This amazing property also could be split into a triplex as it has three separate meters. You could rent the home out while you built your dream home right next door. This house is a gem in old Colorado city, it is unique and not a lot of lots like it over there.

Last Agent to Sell the Property

Justin Hermes

The Property Group, Inc. Listed on: 12/05/2023

Last Buyer's Agent

Chelsea Olson

Pink Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1888

Lot Details

  • 0.26 Acre Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener

Property Views

  • Pikes Peak
  • Mountain

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,812 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,622

Year Built

Built in 1888

Lot Details

0

Parking

2

Listing Details

  • Total Bathrooms: 3
  • LaundryFacilites: Basement
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1190
  • Fill Sq Ft Total: 2812
  • Year Built: 1888
  • Special Features: None

Interior Features

  • Appliances: 220v in Kitchen, Dishwasher, Range Oven, Refrigerator
  • Basement Percentage Finished: 32
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Floor Plan: 2 Story
  • Flooring: Carpet, Wood
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 2437
  • Sq Ft Total Bsmt: 551

Exterior Features

  • New Construction: Existing Home
  • Foundation Details: Partial Basement
  • Lot Type: Mountain View, View of Pikes Peak
  • Roof: Composite Shingle
  • Exterior Construction: Stucco
  • Structure: Wood Frame

Garage/Parking

  • GarageAmenitities: Garage Door Opener, Oversized
  • Garage Spaces: 2
  • Garage Type: Detached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity, Natural Gas
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Colorado Springs 11
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.2583
  • Lot Size: 11250.0000

Tax Info

  • Flip Tax Amount: 1622.21
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Feb 9, 2024
Sold by
Alliance Properties Llc
Bought by
Ramsey Christian and Ramsey Elisa
Seller's Agent
Justin Hermes
The Property Group, Inc.
Buyer's Agent
Chelsea Olson
Pink Realty Inc
List Price
$529,000
Sold Price
$495,000
Premium/Discount to List
-$34,000
-6.43%
Total Days on Market
39
Views
144
Current Estimated Value
$518,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,728
Avg. Annual Appreciation
3.68%
Original Mortgage
$505,000
Outstanding Balance
$497,134
Interest Rate
6.66%
Mortgage Type
VA
Estimated Equity
$26,968

Purchase Details

Closed on
Jan 19, 2023
Sold by
Elyo Brian
Bought by
Alliance Properties Limited Liability Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,216
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2015
Sold by
Ormandy Toby L and Ormandy Amanda M
Bought by
Elyo Brian and Elyo Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,240
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
U S Bank Na
Bought by
Ormandy Toby L and Ormandy Amanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2005
Sold by
Livingston Robert G and Livingston Lee Ann
Bought by
Zavala Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.01%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 22, 1993
Bought by
Elyo Jennifer

Purchase Details

Closed on
Feb 1, 1984
Bought by
Elyo Brian
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
Ramsey Christian $505,000 None Listed On Document
Alliance Properties Limited Liability Company $265,000 Land Title
Elyo Brian $292,000 None Available
Ormandy Toby L $152,000 None Available
Zavala Sheila A $260,000 Land Title Guarantee Company
Elyo Jennifer $79,000 --
Elyo Brian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Christian $505,000
Previous Owner Alliance Properties Limited Liability Company $324,216
Previous Owner Elyo Brian $283,240
Previous Owner Ormandy Toby L $125,000
Previous Owner Ormandy Toby L $121,600
Previous Owner Zavala Sheila A $234,000
Previous Owner Livingston Robert G $185,000
Previous Owner Livingston Robert G $180,800
Previous Owner Livingston Robert G $63,500
Previous Owner Livingston Robert G $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $495,000 -6.4% $176 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
12/05/2023 12/05/23 For Sale $529,000 -- $188 / Sq Ft
Source: Pikes Peak REALTOR® Services

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 $1,580 $33,400 -- --
2024 $1,465 $32,870 $5,160 $27,710
2023 $1,465 $32,870 $5,160 $27,710
2022 $1,622 $28,990 $3,570 $25,420
2021 $1,760 $29,820 $3,670 $26,150
2020 $1,760 $25,930 $3,120 $22,810
2019 $1,750 $25,930 $3,120 $22,810
2018 $1,524 $20,770 $2,880 $17,890
2017 $1,443 $20,770 $2,880 $17,890
2016 $1,173 $20,230 $3,180 $17,050
2015 $1,168 $20,230 $3,180 $17,050
2014 -- $18,570 $2,870 $15,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 5432070

Pikes Peak REALTOR® Services

APN: 74123-13-008