NOT LISTED FOR SALE

Estimated Value: $700,817 - $777,000

4 Beds
4 Baths
2,480 Sq Ft
$293/Sq Ft Est. Value

About This Home

This home is located at 331 N Institute St, Colorado Springs, CO 80903 and is currently estimated at $725,704, approximately $292 per square foot. 331 N Institute St is a home located in El Paso County with nearby schools including Columbia Elementary School, North Middle School, and William J. Palmer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2018
Sold by
Lloyd Jeremy E and Lloyd Erin L
Bought by
Merrick Christopher M and Merrick Jill D
Current Estimated Value
$725,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2014
Sold by
Cedar Falls Investments Llc
Bought by
Lloyd Erin L and Lloyd Jeremy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,414
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 2013
Sold by
Demos Katherine M
Bought by
Cedar Falls Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6%
Mortgage Type
Unknown
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
Merrick Christopher M $489,000 Guardian Title
Lloyd Erin L $408,000 Empire Title Co Springs Llc
Cedar Falls Investments Llc $250,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrick Christopher M $138,950
Open Merrick Christopher M $486,000
Closed Merrick Christopher M $489,000
Previous Owner Lloyd Erin L $393,414
Previous Owner Cedar Falls Investments Llc $187,500
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 $1,997 $46,060 -- --
2024 $1,877 $40,400 $3,900 $36,500
2022 $2,209 $39,470 $3,610 $35,860
2021 $2,396 $40,610 $3,720 $36,890
2020 $2,306 $33,970 $2,860 $31,110
2019 $2,340 $34,660 $2,860 $31,800
2018 $2,118 $28,870 $2,160 $26,710
2017 $2,006 $28,870 $2,160 $26,710
2016 $1,615 $27,860 $1,990 $25,870
2015 $1,609 $27,860 $1,990 $25,870
2014 $997 $16,570 $1,910 $14,660
Source: Public Records

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