NOT LISTED FOR SALE

381 Fairway S Colorado Springs, CO 80906

Stratmoor Hills Neighborhood

Estimated Value: $268,148 - $294,000

3 Beds
2 Baths
1,536 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $272,000 $177 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,585/month

55 Days on Market

About This Home

As of September 2024

Calling all investors! Tons of potential with this rare side by side duplex ! Fix and flip, buy and hold, or live in one side and rent out the other side. 2 bedrooms and 1 bathroom on each side. Solid block construction with low maintenance brick exterior. Property does need some work including the flat roof. Some updating has already been done inside. Tenants are in the process of decluttering, so photos will be delayed. Don't miss out on this one. It is hard to find a duplex at this price.

Last Agent to Sell the Property

Barry Bruskin

HomeSmart Brokerage Phone: (303) 858-8100 Listed on: 07/18/2024

HomeSmart

Last Buyer's Agent

Josh Horwitz

Capital Property Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $887

Year Built

  • Built in 1963

Lot Details

  • 4,491

Home Design

  • 1,536 Sq Ft Home
  • Duplex

Additional Features

  • Electric Dryer Hookup
  • 4,491 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$887

Year Built

Built in 1963

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1963
  • Attribution Contact: (303) 858-8100
  • UnitTotalSQFT: 1536
  • Special Features: None

Exterior Features

  • New Construction: Existing

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected
  • Hot Water: Assoc/Distr

Schools

  • School District: Harrison-2
  • School District: Harrison-2

Lot Info

  • Program Acres Total: 0.1031
  • Lot Size: 4492.0000

Tax Info

  • Flip Tax Amount: 887.39
  • Tax Year: 2022

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Sep 6, 2024
Sold by
Rsm Investments Company Llc
Bought by
Horwitz Josh
Seller's Agent
Barry Bruskin
HomeSmart
Buyer's Agent
Josh Horwitz
Capital Property Group LLC
List Price
$299,900
Sold Price
$272,000
Premium/Discount to List
-$27,900
-9.3%
Views
69
Current Estimated Value
$282,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,037
Avg. Annual Appreciation
3.29%
Original Mortgage
$204,000
Outstanding Balance
$201,707
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$80,330

Purchase Details

Closed on
Mar 10, 2017
Sold by
Kolibri Inc
Bought by
Rsm Investments Company Llc

Purchase Details

Closed on
Mar 1, 2006
Sold by
Greathead Cris B
Bought by
Kolibri Inc

Purchase Details

Closed on
Jun 22, 2004
Sold by
Grp Ag Reo 2004 & 1 Llc
Bought by
Greathead Cris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2004
Sold by
Ubs Warburg Real Estate Securities Inc
Bought by
Grp Ag Reo 2004 & 1 & Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2004
Sold by
Steiner Otoo David
Bought by
Ubs Warburg Real Estate Securities Inc

Purchase Details

Closed on
Jun 7, 2002
Sold by
Dutko Paul
Bought by
Steiner Otoo David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
6.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 1999
Sold by
Jean Evelyne M Trustee
Bought by
Dutko Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,265
Interest Rate
7.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 1993
Bought by
Rsm Investments Company Llc

Purchase Details

Closed on
Jun 17, 1993
Bought by
Rsm Investments Company Llc

Purchase Details

Closed on
Oct 26, 1992
Bought by
Rsm Investments Company Llc

Purchase Details

Closed on
Oct 19, 1990
Bought by
Rsm Investments Company Llc

Purchase Details

Closed on
May 1, 1978
Bought by
Rsm Investments Company Llc
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
Horwitz Josh $272,000 Fitco
Rsm Investments Company Llc $75,000 Empire Title Colorado Spring
Kolibri Inc -- None Available
Greathead Cris B $92,000 Fahtco
Grp Ag Reo 2004 & 1 & Llc -- --
Ubs Warburg Real Estate Securities Inc $84,352 --
Steiner Otoo David $93,000 Land Title
Dutko Paul $69,950 Title America
Rsm Investments Company Llc -- --
Rsm Investments Company Llc -- --
Rsm Investments Company Llc -- --
Rsm Investments Company Llc $25,700 --
Rsm Investments Company Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horwitz Josh $204,000
Previous Owner Greathead Cris B $73,600
Previous Owner Steiner Otoo David $74,400
Previous Owner Dutko Paul $68,265
Closed Dutko Paul $8,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $272,000 -9.3% $177 / Sq Ft
07/18/2024 07/18/24 For Sale $299,900 -- $195 / 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 $1,270 $21,000 -- --
2024 $867 $20,080 $3,270 $16,810
2023 $867 $20,080 $3,270 $16,810
2022 $887 $13,900 $2,210 $11,690
2021 $952 $14,610 $2,320 $12,290
2020 $879 $11,770 $2,030 $9,740
2019 $849 $11,770 $2,030 $9,740
2018 $653 $8,720 $1,240 $7,480
2017 $533 $8,720 $1,240 $7,480
2016 $522 $8,080 $1,270 $6,810
2015 $521 $8,080 $1,270 $6,810
2014 $477 $7,340 $1,270 $6,070
Source: Public Records

Agents Affiliated with this Home

  • Barry Bruskin

    Seller's Agent in 2024

    Barry Bruskin

    HomeSmart

    (303) 522-5632

    1 in this area

    20 Total Sales

    Barry Bruskin
    Section Image
  • Josh Horwitz

    Buyer's Agent in 2024

    Josh Horwitz

    Capital Property Group LLC

    (303) 204-4464

    2 in this area

    158 Total Sales

    Josh Horwitz
    Section Image
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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 1975672

Pikes Peak REALTOR® Services

APN: 65054-04-002

Colorado El Paso County Colorado Springs 80906 Stratmoor Hills

381 Fairway S, Colorado Springs, CO

This home is located at 381 Fairway S, Colorado Springs, CO 80906 since 18 July 2024 and is currently estimated at $282,037, approximately $183 per square foot. This property was built in 1963. 381 Fairway S is a home located in El Paso County with nearby schools including Stratmoor Hills Elementary School, Oak Creek Elementary School, and Fox Meadow Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pikes Peak REALTOR® Services IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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