NOT LISTED FOR SALE

Estimated Value: $538,000 - $685,000

3 Beds
2 Baths
1,568 Sq Ft
$389/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $622,000 $397 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,397/month

16 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • Baseboard Heating

About This Home

As of June 2024

Whether you are looking for a primary residence or an investment property - look no further than this amazing westside triplex! With this property you can generate rental income and simultaneously live in one or more of the units. It features a duplex and a separate cottage with ample off street parking. The property is located minutes to the iconic Garden of the Gods, Old Colorado City, Manitou Springs, Red Rock Open space and within walking distance to the many restaurants, art galleries and unique boutique shops. The location does not get any better! The spacious Unit A features a main level living room, kitchen, 3/4 bath and one bedroom and a finished attic space offers two separate rooms that can be used as bedrooms but both are non conforming (The backroom has a window and a closet area without closet doors, and the front room has a closet area without doors but no window) The upper level is accessible from the lower level bedroom and the stairs leading to the upper level are non-conforming. Unit B offers a main level living room, kitchen, dining, 3/4 bath, one bedroom and a bonus room accessible from the bedroom. The bonus room can be used as an additional bedroom, study, workout room or whatever suits your needs. Units A & B were last renovated in 2017. Unit C underwent a complete renovation in 2019 and has been meticulously maintained. Square footage on the accessor office website is smaller than what the owner measured. The square footage provided in the listing is an approximation. All units have upgraded insta hot. Separate meters for gas and electric for each unit.

Last Agent to Sell the Property

Jing Hoyer

Broadmoor Bluffs Realty Listed on: 04/09/2024

Last Buyer's Agent

Savannah Brunelli

The Platinum Group

The Platinum Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1927

Lot Details

  • 7,270

Home Design

  • Triplex
  • Shingle Roof
  • Aluminum Siding
  • Stucco

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Additional Features

  • Ceiling Fan
  • 7,270 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$903

Year Built

Built in 1927

Lot Details

0

Listing Details

  • LaundryFacilites: None
  • Property Sub Type: Triplex
  • Prop. Type: Income
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Alley: Gravel

Exterior Features

  • New Construction: Existing
  • Roof: Composite Shingle
  • Exterior Construction: Alum/Vinyl/Steel, Stucco
  • Structure: Frame

Garage/Parking

  • ListingUnits_1_NumGarage: 0
  • ListingUnits_2_NumGarage: 0
  • ListingUnits_3_NumGarage: 0

Utilities

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

Schools

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

Lot Info

  • Program Acres Total: 0.1669
  • Lot Size: 7270.0000

Tax Info

  • Flip Tax Amount: 902.60
  • Tax Year: 2022

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 30, 2024
Sold by
Raymond Living Trust
Bought by
Willoughby Jeffery and Hursin Britnee
Seller's Agent
Jing Hoyer
Broadmoor Bluffs Realty
Buyer's Agent
Savannah Brunelli
The Platinum Group
List Price
$649,900
Sold Price
$622,000
Premium/Discount to List
-$27,900
-4.29%
Views
12
Current Estimated Value
$609,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,452
Avg. Annual Appreciation
-2.47%
Original Mortgage
$590,900
Outstanding Balance
$584,503
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$18,076

Purchase Details

Closed on
Dec 1, 2017
Sold by
Lewis Robert B and Lewis Laura L
Bought by
The Raymond Living Trust

Purchase Details

Closed on
Oct 3, 2016
Sold by
Shenk Deborah L and Boyd Phillip J
Bought by
Lewis Robert B and Lewis Laura L

Purchase Details

Closed on
Sep 29, 2015
Sold by
Boyd Phillip J
Bought by
Shenk Deborah L and Boyd Phillip J
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
Willoughby Jeffery $622,000 Coretitle
The Raymond Living Trust $249,500 None Available
Lewis Robert B $180,000 Stewart Title Co
Shenk Deborah L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willoughby Jeffery $590,900
Previous Owner Boyd Albert E $30,000
Previous Owner Boyd Albert E $64,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $622,000 -4.3% $397 / Sq Ft
06/03/2024 06/03/24 Off Market $649,900 -- --
04/26/2024 04/26/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $649,900 -- $414 / 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 $1,225 $29,510 -- --
2024 $1,113 $26,450 $3,260 $23,190
2023 $1,113 $26,450 $3,260 $23,190
2022 $903 $16,130 $2,450 $13,680
2021 $1,001 $16,960 $2,570 $14,390
2020 $973 $14,330 $1,890 $12,440
2019 $967 $14,330 $1,890 $12,440
2018 $860 $11,720 $1,720 $10,000
2017 $814 $11,720 $1,720 $10,000
2016 $642 $11,080 $1,810 $9,270
2015 $640 $11,080 $1,810 $9,270
2014 $606 $10,070 $1,810 $8,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 7458717

Pikes Peak REALTOR® Services

APN: 74033-21-022