NOT LISTED FOR SALE

Estimated Value: $344,000 - $366,131

3 Beds
2 Baths
2,050 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $335,000 $163 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,058/month

Highlights

  • Views of Pikes Peak
  • Ranch Style House
  • Hiking Trails
  • Property is near a park
  • Wood Flooring
  • Shed

About This Home

As of May 2023

This home is located at 3409 N Institute St, Colorado Springs, CO 80907 since 31 March 2023 and is currently estimated at $358,783, approximately $175 per square foot. This property was built in 1957. 3409 N Institute St is a home located in El Paso County with nearby schools including Edison Elementary School, Mann Middle School, and Coronado High School.

Last Agent to Sell the Property

Michelle Gutschick

RE/MAX Advantage Realty, Inc. Listed on: 03/31/2023

RE/MAX Advantage Realty, Inc.

Co-Listed By

Justine Marquez

RE/MAX Advantage License #FA100073656

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 1957

Lot Details

  • 7,802 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped

Parking

  • Gravel Driveway

Property Views

  • Pikes Peak
  • Mountain

Home Design

  • 2,050 Sq Ft Home
  • Ranch Style House
  • Shingle Roof

Kitchen

  • Plumbed For Gas In Kitchen
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Shed

Location

  • Property is near a park
  • Property near a hospital
  • Property is near schools

Schools

  • Edison Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen

Community Details

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,024

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Total Bathrooms: 2
  • LaundryFacilites: Basement
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1025
  • Fill Sq Ft Total: 2050
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Alley: Paved
  • Appliances: 220v in Kitchen, Dishwasher, Dryer, Gas in Kitchen, Kitchen Vent Fan, Microwave Oven, Range, Refrigerator, Washer
  • Basement Percentage Finished: 65
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Floor Plan: Ranch
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl/Linoleum, Wood
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1691
  • Sq Ft Total Bsmt: 1025

Exterior Features

  • New Construction: Existing Home
  • Fence: Rear
  • Foundation Details: Full Basement
  • Landscaped: All
  • Lot Type: Mountain View, View of Pikes Peak
  • Lot Location: Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Schools
  • Out Buildings: Storage Shed
  • Roof: Composite Shingle
  • Exterior Construction: Fiber Cement
  • Structure: Frame

Garage/Parking

  • Driveway: Gravel, Paved
  • GarageAmenitities: None
  • Garage Type: None

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Colorado Springs 11
  • Elementary School: Edison
  • Elementary School: Edison
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1791
  • Lot Size: 7800.0000

Tax Info

  • Flip Tax Amount: 1024.03
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 26, 2023
Sold by
Schlink Danny R
Bought by
Elizalde Javier and Elizalde Elvia
Seller's Agent
Michelle Gutschick
RE/MAX Advantage Realty, Inc.
Buyer's Agent
Michelle Gutschick
RE/MAX Advantage
List Price
$330,000
Sold Price
$335,000
Premium/Discount to List
$5,000
1.52%
Current Estimated Value
$358,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,783
Avg. Annual Appreciation
4.15%
Original Mortgage
$328,932
Outstanding Balance
$320,652
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$45,822

Purchase Details

Closed on
Aug 16, 2018
Sold by
Schlink Danny R
Bought by
Schlink Danny R and Schlink Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,580
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 22, 2018
Sold by
Kittelson Trudy J
Bought by
Schlink Danny R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,580
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Sep 28, 2009
Sold by
Holtcamp M Brent and Holtcamp Louise K
Bought by
Kittelson Trudy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
5.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1978
Bought by
Kittelson Trudy J
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
Elizalde Javier $335,000 None Listed On Document
Schlink Danny R -- Empire Title Colorado Spring
Schlink Danny R $260,000 North American Title
Kittelson Trudy J $153,900 Unified Title Company
Kittelson Trudy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elizalde Javier $328,932
Previous Owner Schlink Danny R $269,076
Previous Owner Schlink Danny R $270,577
Previous Owner Schlink Danny R $268,580
Previous Owner Kittelson Trudy J $153,900
Previous Owner Holtcamp Michael B $50,000
Previous Owner Holtcamp M Brent $101,000
Previous Owner Holtcamp Louise K $92,000
Previous Owner Holtcamp M Brent $20,000
Previous Owner Holtcamp M Brent $73,250
Previous Owner Holtcamp M Brent $70,552
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2023 05/27/23 Off Market $335,000 -- --
05/26/2023 05/26/23 Sold $335,000 +1.5% $163 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $330,000 -- $161 / 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 $1,112 $24,730 -- --
2024 $1,001 $24,400 $4,860 $19,540
2022 $1,024 $18,300 $4,070 $14,230
2021 $1,110 $18,810 $4,180 $14,630
2020 $954 $14,050 $3,220 $10,830
2019 $948 $14,050 $3,220 $10,830
2018 $799 $10,890 $2,120 $8,770
2017 $757 $10,890 $2,120 $8,770
2016 $569 $9,810 $1,990 $7,820
2015 $567 $9,810 $1,990 $7,820
2014 $557 $9,250 $1,990 $7,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 4636416

Pikes Peak REALTOR® Services

APN: 63293-04-008