43 E Ramona Ave Colorado Springs, CO 80905

Ivywild Neighborhood

Estimated Value: $254,520 - $354,000

0.35 Acre
$883,092 Price per Acre
15,398 Sq Ft Lot

Last Sold December 04, 2023

Current estimated payment $1,837/month

8 Days on Market

About This Lot

The Ramona Triplex Lot is a unique opportunity to purchase an infill lot in the redeveloping Ivywild Neighborhood just south of Downtown Colorado Springs. The lot located at 43 & 45 E Ramona Avenue is approximately 15,400 sf zoned R5 with a stream side overlay sitting adjacent to Cheyenne Creek. Included with the purchase are plans for a 4-story triplex with a nearly approved development plan.

Three grocers are within a 2-block radius of this development site including a new Sprouts Famer’s Market immediately adjacent to the east. Along the properties southern boundary runs Cheyenne Creek which is being renovated on the neighboring side with new landscape, sidewalks, and lighted paths that will continue throughout the neighborhood. To the south is the brand new Creekwalk Retail Center offering premier shopping, restaurants, & more

Last Agent to Sell the Property

Creed Spillane

Quantum Residential Group, LLC Listed on: 09/26/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,706

Lot Details

  • 0.35 Acre Lot
  • Creek or Stream
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,706

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Type: Level, Stream/Creek

Utilities

  • Hot Water: See Prop Desc Rem

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.3535
  • Lot Size: 15400.0000

Tax Info

  • Flip Tax Amount: 1706.34
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Hoptree Development Llc
Bought by
Sna Equities Llc
Current Estimated Value
$312,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
1.4%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 2023
Sold by
Ivywild Development I Llc
Bought by
Hoptree Development Llc

Purchase Details

Closed on
Feb 25, 2016
Sold by
Ivywild Development I Llc
Bought by
Ramona Retail Partners Llc

Purchase Details

Closed on
Oct 14, 2015
Sold by
On The Ivy Llc
Bought by
Ivywild Development I Llc

Purchase Details

Closed on
Jun 14, 2006
Sold by
Behr Edward P and Behr Renee M
Bought by
On The Ivy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1999
Sold by
Bowers Roy L and Bowers Margenette K K
Bought by
Martineau Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,692
Interest Rate
7.93%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 1999
Sold by
Bowers Roy L and Bowers Margenette K
Bought by
Bowers Roy L and Bowers Margenette K

Purchase Details

Closed on
Feb 23, 1996
Sold by
Mills Wilbur O and Mills Karen D
Bought by
Mills Wilbur O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 1986
Bought by
Ramona Retail Partners Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sna Equities Llc $325,000 Land Title Guarantee Company
Hoptree Development Llc $250,000 Land Title Guarantee Company
Ivywild Development I Llc -- Land Title Guarantee Company
Ramona Retail Partners Llc -- Land Title Guarantee
Ivywild Development I Llc -- Land Title Guarantee
On The Ivy Llc $309,000 Security Title
Martineau Kenneth M $160,000 Land Title
Bowers Roy L -- --
Mills Wilbur O -- --
Ramona Retail Partners Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sna Equities Llc $350,000
Previous Owner On The Ivy Llc $247,200
Previous Owner Martineau Kenneth M $158,692
Previous Owner Mills Wilbur O $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2023 12/04/23 Sold -- -- --
10/05/2023 10/05/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $320,000 -- $333 / 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 $2,343 $21,110 -- --
2024 $2,334 $21,820 $21,820 --
2023 $2,334 $21,820 $21,820 --
2022 $1,706 $16,590 $16,590 $0
2021 $1,728 $16,590 $16,590 $0
2020 $1,768 $15,590 $3,500 $12,090
2019 $2,963 $26,200 $3,500 $22,700
2018 $2,364 $20,220 $2,900 $17,320
2017 $2,262 $20,220 $2,900 $17,320
2016 $1,998 $20,190 $2,270 $17,920
2015 $1,984 $20,190 $2,270 $17,920
2014 $1,156 $19,050 $2,360 $16,690
Source: Public Records

Agents Affiliated with this Home

  • Creed Spillane

    Seller's Agent in 2023

    Creed Spillane

    Quantum Residential Group, LLC

    (719) 291-4123

    1 in this area

    93 Total Sales

    Creed Spillane
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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 6540804

Pikes Peak REALTOR® Services

APN: 64302-09-004

Colorado El Paso County Colorado Springs 80905 Ivywild

43 E Ramona Ave, Colorado Springs, CO

Not Listed for Sale

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