NOT LISTED FOR SALE

Estimated Value: $410,000 - $595,000

5 Beds
4 Baths
2,150 Sq Ft
$236/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $559,780 $260 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,822/month

68 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Laundry Facilities

About This Home

As of December 2023

Welcome to 3620 W Pikes Peak Avenue, where three separate homes (all with main-level living and off-street parking!) are situated on one parcel of land located in the heart of Old Colorado City! Currently, the homes on this property are long-term rentals, however it can also serve as a Primary Residence from which homeowners can enjoy the luxury of a primary home, utilize as multi-generational living, live in one home and keep the others as rental homes, convert to short term rentals with city approval, or simply enjoy having designated spaces for areas such as hobbies or hosting! A plethora of nearby amenities such as parks and recreation, restaurants, shopping, and schools, contribute to the major appeal of this property! Residents are able to enjoy the countless appeals of the west side such as Garden of the Gods State park, mountain views, and its close proximity to areas such as Downtown Colorado Springs, Red Rocks Open Space, Manitou Springs, easy access into the mountains via US-24 West, as well as I-25 access to commute to other places, and more! Please note, the total square footage of 870 listed for this property does not include the square footage of the other two homes. The square footage of the other two homes is as follows: 840 sq ft (720 main level above grade sq ft, 120 basement that is 0% finished) and 560 sq ft (main level, above grade sq ft, 0 basement). The sum sq ft of all three ranch style homes is 2x270 sq ft!).

Last Agent to Sell the Property

Colin Smith

Solid Rock Realty Brokerage Email: ColinSmith@SolidRockRe.com,719-232-6709 License #100052152 Listed on: 07/29/2023

Last Buyer's Agent

Jordan Cassalia

Real Broker, LLC DBA Real License #100090887

Real Broker, LLC DBA Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1910

Lot Details

  • 0.26 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Fixer Upper
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

  • Howbert Elementary School
  • Holmes Middle School
  • Coronado High School

Utilities

  • No Cooling
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Tenants Posessions
  • Property held in a trust
  • Assessor Parcel Number 74033-17-007

Community Details

Overview

  • No Home Owners Association
  • Arensdale Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,370

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: One
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2150
  • Exclusions: Tenants Posessions
  • Living Area: 2150
  • Property Condition: Fixer
  • SubdivisionName: Arensdale
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 120.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.86120
  • Attribution Contact: ColinSmith@SolidRockRe.com,719-232-6709
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Total Bedrooms: 5

Exterior Features

  • Roof: Architecural Shingle
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Wall Furnace
  • Water Source: Public
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Holmes

Lot Info

  • Parcel Number: 74033-17-007
  • Lot Size Acres: 0.26
  • Building Area Total: 2270
  • Lot Size Sq Ft: 11250
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1370

MLS Schools

  • Elementary School: Howbert
  • High School: Coronado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Dec 15, 2023
Sold by
Bonnie Sutherland Llc
Bought by
Billings-Reber Ryan Lee
Seller's Agent
Colin Smith
Solid Rock Realty
Buyer's Agent
Jordan Cassalia
Real Broker, LLC DBA Real
List Price
$650,000
Sold Price
$559,780
Premium/Discount to List
-$90,220
-13.88%
Views
209
Current Estimated Value
$506,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,128
Avg. Annual Appreciation
-5.25%
Original Mortgage
$577,447
Outstanding Balance
$568,330
Interest Rate
7.76%
Mortgage Type
VA
Estimated Equity
-$61,678

Purchase Details

Closed on
Feb 23, 2021
Sold by
Weston Janis S
Bought by
Bonnie Sutherland Llc

Purchase Details

Closed on
Nov 18, 2020
Sold by
Hawkins Lori B and Hawkins Roland
Bought by
Weston Janis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,975
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2013
Sold by
Hawkins Lori B
Bought by
Hawkins Roland and Hawkins Lori B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 24, 2008
Sold by
Hawkins Lori B
Bought by
Hawkins Roland and Hawkins Lori B

Purchase Details

Closed on
Sep 29, 1988
Bought by
Hawkins Roland

Purchase Details

Closed on
Jan 7, 1977
Bought by
Hawkins Roland

Purchase Details

Closed on
Oct 20, 1972
Bought by
Hawkins Roland

Purchase Details

Closed on
Nov 4, 1971
Bought by
Hawkins Roland

Purchase Details

Closed on
Apr 11, 1969
Bought by
Hawkins Roland

Purchase Details

Closed on
Oct 20, 1967
Bought by
Hawkins Roland

Purchase Details

Closed on
Nov 29, 1965
Bought by
Hawkins Roland
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Billings-Reber Ryan Lee $559,780 Land Title Guarantee Company
Bonnie Sutherland Llc -- None Available
Weston Janis S $469,975 Unified Title Company
Hawkins Roland -- None Available
Hawkins Roland -- None Available
Hawkins Roland -- --
Hawkins Roland -- --
Hawkins Roland -- --
Hawkins Roland -- --
Hawkins Roland -- --
Hawkins Roland -- --
Hawkins Roland -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billings-Reber Ryan Lee $577,447
Previous Owner Weston Janis S $328,975
Previous Owner Hawkins Roland $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $559,780 +1.8% $260 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
09/30/2023 09/30/23 Price Changed $550,000 -3.5% $256 / Sq Ft
09/13/2023 09/13/23 Price Changed $570,000 -0.9% $265 / Sq Ft
08/28/2023 08/28/23 Price Changed $575,000 -4.2% $267 / Sq Ft
08/18/2023 08/18/23 Price Changed $600,000 -4.0% $279 / Sq Ft
08/11/2023 08/11/23 Price Changed $625,000 -3.8% $291 / Sq Ft
07/29/2023 07/29/23 For Sale $650,000 -- $302 / 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 $1,723 $29,160 -- --
2024 $1,607 $35,450 $6,510 $28,940
2023 $1,607 $35,450 $6,510 $28,940
2022 $1,370 $24,480 $5,000 $19,480
2021 $1,486 $25,190 $5,150 $20,040
2020 $1,583 $23,330 $3,780 $19,550
2019 $1,575 $23,330 $3,780 $19,550
2018 $1,401 $19,090 $3,450 $15,640
2017 $1,327 $19,090 $3,450 $15,640
2016 $1,039 $17,920 $3,630 $14,290
2015 $1,035 $17,920 $3,630 $14,290
2014 $981 $16,300 $3,630 $12,670
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 8214099

REcolorado®

APN: 74033-17-007