$180,000
SOLD OCT 18, 2024
2 Beds
2 Baths
1,232 Sq Ft
$258/mo HOA Fee

Recently Sold

$146 Per Sq Ft

16% Below List Price

3 Days on Market

Highlights

  • Deck
  • Fenced Community Pool
  • Park
  • Property is near a park
  • Community Playground
  • Open Space

About This Home

As of March 2025

Prime Investment Opportunity in Colorado Springs!
Welcome to this 2-bedroom, 2-bath townhouse with stone woodburning fireplace located in the heart of Colorado Springs. This property offers 1,232 sq ft of living space with a small fenced in rear courtyard, making it an ideal investment for those looking to flip or add value to their portfolio.
Key Features:
• Spacious Layout: Open living and dining areas, perfect for redesigning or updating to modern tastes.
• Opportunity for Value-Add Upgrades: This home is in need of TLC for creative investors to overhaul to maximize ROI. New furnace and central
air conditioning 6/2023.
• Parking Space: Assigned parking space in front of townhouse and exterior storage space are attractive features for future homeowners or
tenants.
• Great Location: Situated in a desirable neighborhood close to schools, parks, shopping, and military installations, making it attractive to
potential buyers or renters.
• HOA: Reasonable monthly HOA fee includes water, sewer, exterior maintenance, landscaping maintenance, trash and snow removal, as well as
a pool and playground area.
• Quick Flip Potential: With the right improvements, this property could quickly become a highly desirable townhome in the competitive Colorado
Springs market.
Whether you’re looking to flip and sell or renovate and hold as a rental, this home offers strong upside potential. Bring your contractor and vision—this is an opportunity you don’t want to miss!

Last Agent to Sell the Property

Lynn Clancy

ERA Shields Real Estate Brokerage Phone: (719) 593-1000 Listed on: 09/26/2024

Co-Listed By

Dana DelValle

ERA Shields Real Estate Brokerage Phone: (719) 593-1000

Last Buyer's Agent

Jack Amer

Pinewood Real Estate Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $366

Year Built

  • Built in 1984

Lot Details

  • 610 Sq Ft Lot
  • Open Space
  • Back Yard Fenced
  • Landscaped

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Masonite

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry

Kitchen

  • <<OvenToken>>
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck

Location

  • Interior Unit
  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Giberson Elementary School
  • Panorama Middle School
  • Sierra High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Kitchen
  • Phone Available

Community Details

Overview

  • Association fees include covenant enforcement, insurance, lawn, ground maintenance, maintenance structure, management, sewer, snow removal, trash removal, water
  • On-Site Maintenance
  • Greenbelt

Recreation

  • Community Playground
  • Fenced Community Pool
  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$366

Year Built

Built in 1984

Lot Details

0

HOA Fees

$258 per month

Parking

1

Listing Details

  • AdjacentParcelforSaleYN: No
  • Total Bathrooms: 2
  • LaundryFacilites: Basement, Electric Hook-up
  • Property Attached Yn: Yes
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Sq Ft MainFloor: 392
  • Fill Sq Ft Total: 1232
  • Year Built: 1984
  • Attribution Contact: (719) 593-1000
  • Special Features: None

Interior Features

  • Appliances: 220v in Kitchen, Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Oven, Range, Refrigerator, Washer
  • Basement Percentage Finished: 82
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Type: Main Level, Masonry, Wood Burning
  • Floor Plan: 2 Story
  • Flooring: Carpet, Vinyl/Linoleum
  • MainFloorBedroomYN: No
  • Finished Sq Ft: 1161
  • Sq Ft Total Bsmt: 392

Exterior Features

  • New Construction: Existing Home
  • Fence: Community, Rear
  • Foundation Details: Full Basement, Slab
  • Landscaped: All
  • Lot Type: Backs to Open Space, Level
  • Lot Location: Near Fire Station, Near Park, Near Public Transit, Near Schools, Near Shopping Center
  • PatioDesc: Wood Deck
  • Roof: Composite Shingle
  • Exterior Construction: Masonite Type
  • Structure: Framed on Lot, Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Type: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 258.00
  • Association Fee Frequency: Monthly
  • Community Features: Parks or Open Space, Playground Area, Pool
  • Common Amenities: Green Areas, Landscape Maintenance, Playground, Pool

Fee Information

  • Association Fee Includes: Covenant Enforcement, Insurance, Lawn, Maintenance Grounds, Maintenance Structure, Management, Sewer, Snow Removal, Trash Removal, Water

Schools

  • School District: Harrison-2
  • Elementary School: Giberson
  • Middle School: Panorama
  • High School: Sierra
  • Elementary School: Giberson
  • High School: Sierra
  • Middle Or Junior School: Panorama
  • School District: Harrison-2

Lot Info

  • Program Acres Total: 0.0140
  • Lot Size: 609.0000

Tax Info

  • Flip Tax Amount: 366.00
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 18, 2024
Sold by
Gutierrez-Ramirez Corinne and Gutierrez Corinne
Bought by
Jamko Inc
Seller's Agent
Lynn Clancy
ERA Shields Real Estate
Buyer's Agent
Jack Amer
Pinewood Real Estate Inc
List Price
$215,000
Sold Price
$180,000
Premium/Discount to List
-$35,000
-16.28%
Views
11
Current Estimated Value
$260,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,374
Avg. Annual Appreciation
61.81%

Purchase Details

Closed on
May 24, 2005
Sold by
Rissler Jennifer L
Bought by
Gutierrez Corinne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 13, 2001
Sold by
Krohn Luella C
Bought by
Rissler Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,323
Interest Rate
6.96%

Purchase Details

Closed on
Jun 8, 1995
Sold by
Cannon Kevin M and Cannon Michele L
Bought by
Krohn Jack B and Krohn Luella C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
7.87%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 1994
Sold by
Hanes Raenelle
Bought by
Cannon Kevin M and Cannon Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,750
Interest Rate
8.3%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 1988
Bought by
Gutierrez Corinne

Purchase Details

Closed on
Nov 1, 1987
Bought by
Gutierrez Corinne

Purchase Details

Closed on
Aug 1, 1984
Bought by
Gutierrez Corinne
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
Warranty Deed $180,000 Coretitle
Warranty Deed $90,000 Fahtco
Warranty Deed $82,600 North American Title Co
Warranty Deed -- --
Warranty Deed $44,900 First American Title
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 Fannie Mae Freddie Mac
Previous Owner $81,323 No Value Available
Previous Owner $22,640 Unknown
Previous Owner $51,500 VA
Previous Owner $45,750 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Sold $266,000 +2.3% $216 / Sq Ft
03/05/2025 03/05/25 Off Market $259,900 -- --
02/13/2025 02/13/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $259,900 +44.4% $211 / Sq Ft
10/18/2024 10/18/24 Sold $180,000 -16.3% $146 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $215,000 0.0% $175 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $215,000 -- $175 / 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 $545 $16,780 -- --
2024 $366 $13,430 $3,820 $9,610
2023 $366 $13,430 $3,820 $9,610
2022 $557 $10,330 $2,540 $7,790
2021 $595 $10,630 $2,610 $8,020
2020 $503 $7,720 $1,360 $6,360
2019 $488 $7,720 $1,360 $6,360
2018 $367 $5,590 $1,010 $4,580
2017 $280 $5,590 $1,010 $4,580
2016 $282 $5,280 $880 $4,400
2015 $282 $5,280 $880 $4,400
2014 $298 $5,510 $880 $4,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 7615983

Pikes Peak REALTOR® Services

APN: 64352-14-059