$190,000
SOLD FEB 20, 2025
-- Bed
-- Bath
1,088 Sq Ft
7,126 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

7% Below List Price

152 Days on Market

About This Home

As of February 2025

Great little duplex with two 1 bedroom, 1 bath units centrally located and near major bus routes. In this stucco rancher both units have living room, kitchen, full bathroom, bedroom, private laundry/storage room and private backyards. There is also parking for two vehicles per unit right out the front door. NEW ROOF in 2024 and the sewer line to the street has been upgraded to PVC. Electric and gas separately metered. Unit B has been occupied but the same tenant for 5 years. Unit A has been demoed to studs, professionally mitigated and abated to state standards by licensed professionals. Once nicely rehabbed will provide a low maintenance rental for years to come. This is a great investment property and offers the opportunity remodel one side to your tastes while collecting steady rent from the other side.

Last Agent to Sell the Property

Nathan Smith

Hope Realty Elite LLC Brokerage Phone: 719-694-1961 Listed on: 09/20/2024

Last Buyer's Agent

Chad Lauber

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $783

Year Built

  • Built in 1942

Lot Details

  • 7,126 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 4 Parking Spaces

Home Design

  • 1,088 Sq Ft Home
  • Duplex

Laundry

  • Gas Dryer Hookup

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$783

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Handicap Amenities: Stairs to back entrance, Stairs to front entrance
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1942
  • Attribution Contact: 719-694-1961
  • Special Features: None

Interior Features

  • Alley: Gravel

Exterior Features

  • New Construction: Existing
  • Fence: Rear
  • Structure: Frame

Garage/Parking

  • ParkingSpacesNumberOf: 4
  • ListingUnits_1_NumGarage: 0
  • ListingUnits_2_NumGarage: 0

Utilities

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

Schools

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

Lot Info

  • Program Acres Total: 0.1636
  • Lot Size: 7125.0000

Tax Info

  • Flip Tax Amount: 783.09
  • Tax Year: 2023

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Feb 20, 2025
Sold by
Tlgco Llc
Bought by
Lollis Living Llc
Seller's Agent
Nathan Smith
Hope Realty Elite LLC
Buyer's Agent
Chad Lauber
Coldwell Banker Realty
List Price
$205,000
Sold Price
$190,000
Premium/Discount to List
-$15,000
-7.32%
Total Days on Market
152
Views
87
Current Estimated Value
$245,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,520
Avg. Annual Appreciation
158.43%
Original Mortgage
$247,334
Interest Rate
6.93%
Mortgage Type
Construction

Purchase Details

Closed on
May 12, 2023
Sold by
Ghiazza Laura
Bought by
Tlgco Llc

Purchase Details

Closed on
Mar 22, 2013
Sold by
Sloat C Stuart
Bought by
Ghiazza Thomas and Ghiazza Laura

Purchase Details

Closed on
Dec 9, 2011
Sold by
Aurora Loan Services Llc
Bought by
Sloat C Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2011
Sold by
Taylor Tyson
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 27, 2006
Sold by
Sharp Nathan
Bought by
Taylor Tyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2000
Sold by
Keller Shirley D
Bought by
Sharp Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,083
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 1999
Sold by
Homman Roxanne M
Bought by
Keller Shirley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
6.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 1995
Sold by
Glidden Patricia M
Bought by
Keller Shirley D and Homman Roxanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,417
Interest Rate
7.36%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1981
Bought by
Ghiazza Thomas
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $190,000 Wfg National Title
Special Warranty Deed -- None Listed On Document
Warranty Deed $108,000 Stewart Title
Special Warranty Deed $50,000 Assured Title
Trustee Deed -- None Available
Warranty Deed $124,000 Security Title
Warranty Deed $99,900 Security Title
Quit Claim Deed -- First American
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,250 New Conventional
Closed $247,334 Construction
Previous Owner $41,000 Commercial
Previous Owner $124,000 Commercial
Previous Owner $112,500 Commercial
Previous Owner $99,083 FHA
Previous Owner $70,500 Commercial
Previous Owner $64,417 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $190,000 -7.3% $175 / Sq Ft
01/27/2025 01/27/25 Off Market $205,000 -- --
01/13/2025 01/13/25 For Sale $205,000 0.0% $188 / Sq Ft
10/23/2024 10/23/24 Off Market $205,000 -- --
10/16/2024 10/16/24 Price Changed $205,000 -4.7% $188 / Sq Ft
10/04/2024 10/04/24 Price Changed $215,000 -4.4% $198 / Sq Ft
09/27/2024 09/27/24 Price Changed $225,000 -4.3% $207 / Sq Ft
09/20/2024 09/20/24 For Sale $235,000 -- $216 / 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
2024 $783 $20,420 $2,920 $17,500
2022 $612 $10,940 $2,390 $8,550
2021 $679 $11,500 $2,510 $8,990
2020 $673 $9,910 $1,930 $7,980
2019 $669 $9,910 $1,930 $7,980
2018 $649 $8,840 $1,270 $7,570
2017 $614 $8,840 $1,270 $7,570
2016 $503 $8,670 $1,190 $7,480
2014 -- $8,500 $1,190 $7,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 8670849

Pikes Peak REALTOR® Services

APN: 63312-02-018