501 N Spruce St Colorado Springs, CO 80905
Westside NeighborhoodEstimated Value: $344,000 - $436,000
2
Beds
2
Baths
1,114
Sq Ft
$343/Sq Ft
Est. Value
Highlights
- Property is near a park
- Ranch Style House
- Corner Lot
- Bristol Elementary, School of the Arts and STEM Rated A-
- Wood Flooring
- Great Room
About This Home
As of August 2023As Warren Buffet is known to say "price is what you pay, value is what you receive." This home offers great value: newly updated condition, beautiful style quality components not just builder grade junk. Home is 5 minutes walk to downtown Colorado Springs & 5 minutes to the pickle ball courts at Monument Valley Park? Location, location, location. This home is flooded with natural light enjoy the spa like primary bath with large walk in closet with room for oodles of shoes, clothes and storage. This home has been almost completely renovated: new windows, drywall, interior and exterior paint, kitchen cabinets and countertops, new baths, appliances, insulation you name it, it has been beautifully upgraded and ready for the next however many years you want to enjoy all you have to do is move in. Privacy fence and very nice outdoor spaces on the front porch or the back patio. Newer garage and door.
Zoned R2 -Garage could be converter to an ADU. Live in one unit rent the other.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $752
Year Built
- Built in 1899
Lot Details
- 4,238 Sq Ft Lot
- Dog Run
- Property is Fully Fenced
- Corner Lot
- Level Lot
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Ranch Style House
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,114 Sq Ft Home
- Ceiling height of 9 feet or more
- Ceiling Fan
- Great Room
- Partial Basement
Kitchen
- Self-Cleaning Oven
- Plumbed For Gas In Kitchen
- Range Hood
- Microwave
- Disposal
Flooring
- Wood
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- Covered patio or porch
Location
- Property is near a park
- Property is near public transit
- Property near a hospital
Schools
- Bristol Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2023
Closed on
Aug 25, 2023
Sold by
501 Spruce Llc
Bought by
Emmans-Ort Kelli L
Seller's Agent
Todd Nagel
Todd Nagel
Buyer's Agent
Treasure Davis
Exp Realty LLC
List Price
$415,000
Sold Price
$415,000
Total Days on Market
49
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,390
Avg. Annual Appreciation
-4.46%
Original Mortgage
$332,000
Outstanding Balance
$326,507
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$56,103
Purchase Details
Closed on
Dec 2, 2022
Sold by
Linda Marderoslan
Bought by
501 Spruce Llc
Similar Homes in Colorado Springs, CO
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Emmans-Ort Kelli L | $415,000 | None Listed On Document | |
| 501 Spruce Llc | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Emmans-Ort Kelli L | $332,000 | |
| Previous Owner | Marderosian Linda J | $61,000 | |
| Previous Owner | Marderosian Linda J | $65,332 | |
| Previous Owner | Marderosian Linda J | $67,448 | |
| Previous Owner | Marderosian Linda J | $43,000 | |
| Previous Owner | Marderosian Linda J | $44,000 | |
| Previous Owner | Marderosian Linda J | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2023 08/26/23 | Off Market | $415,000 | -- | -- |
| 08/25/2023 08/25/23 | Sold | $415,000 | 0.0% | $373 / Sq Ft |
| 08/04/2023 08/04/23 | Pending | -- | -- | -- |
| 07/27/2023 07/27/23 | Price Changed | $415,000 | 0.0% | $373 / Sq Ft |
| 07/27/2023 07/27/23 | For Sale | $415,000 | 0.0% | $373 / Sq Ft |
| 07/26/2023 07/26/23 | Off Market | $415,000 | -- | -- |
| 07/24/2023 07/24/23 | Price Changed | $425,000 | 0.0% | $382 / Sq Ft |
| 07/24/2023 07/24/23 | For Sale | $425,000 | -1.7% | $382 / Sq Ft |
| 07/16/2023 07/16/23 | Pending | -- | -- | -- |
| 07/08/2023 07/08/23 | Price Changed | $432,500 | +1.8% | $388 / Sq Ft |
| 06/27/2023 06/27/23 | Price Changed | $425,000 | -1.7% | $382 / Sq Ft |
| 06/27/2023 06/27/23 | Price Changed | $432,500 | -1.6% | $388 / Sq Ft |
| 06/23/2023 06/23/23 | Price Changed | $439,500 | -2.1% | $395 / Sq Ft |
| 06/16/2023 06/16/23 | For Sale | $449,000 | -- | $403 / Sq Ft |
Source: Pikes Peak REALTOR® Services
Tax History Compared to Growth
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 | $869 | $22,000 | $5,160 | $16,840 |
| 2022 | $752 | $13,430 | $3,570 | $9,860 |
| 2021 | $815 | $13,810 | $3,670 | $10,140 |
| 2020 | $783 | $11,530 | $3,120 | $8,410 |
| 2019 | $778 | $11,530 | $3,120 | $8,410 |
| 2018 | $657 | $8,960 | $2,880 | $6,080 |
| 2017 | $623 | $8,960 | $2,880 | $6,080 |
| 2016 | $497 | $8,570 | $3,180 | $5,390 |
| 2015 | $495 | $8,570 | $3,180 | $5,390 |
| 2014 | $469 | $7,800 | $2,870 | $4,930 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Nagel
Seller's Agent in 2023
Todd Nagel
Todd Nagel
(719) 426-0879
1 in this area
22 Total Sales
-
Treasure Davis
Buyer's Agent in 2023
Treasure Davis
Exp Realty LLC
(719) 581-6579
10 in this area
1,277 Total Sales
Map
Source: Pikes Peak REALTOR® Services
MLS Number: 1181025
APN: 74124-16-010
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