Estimated Value: $311,000 - $473,000

1 Bed
1 Bath
1,192 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 09, 2023

Current estimated payment $2,082/month

Highlights

  • Mountain View
  • Wood Flooring
  • Forced Air Heating System
  • Ranch Style House
  • Ceiling height of 9 feet or more
  • Level Lot

About This Home

As of June 2023

DOWNTOWN COLORADO SPRINGS FIXER UP. This property offers two houses. The MAIN HOUSE was built in 1890, and it has 708 Sq. Ft. high ceilings and tall windows, includes a living room and two bedrooms, one of the bedrooms has a walk-in closet. THE KITCHEN AND THE BATH need to be totally redone, and the kitchen doesn't have appliances or counters. There is an additional room for a washer/dryer. The furnace has been in working condition, it was replaced in 2010, and the water heater is newer.
The COTTAGE was built in 1895 and it has 484 Sq. Ft. It offers a living area, one bedroom, and a kitchen that includes a refrigerator, and bath. It is leased for $ a month until July 31, 2023. The Furnace was replaced in 2013 and the water heater is about 3 years old.
There are foundation issues, and the roof is in good condition. The property is being SOLD IN "AS IS" CONDITION. There is a recorded Mutual Easement Deed. the Cottage is leased until July 31, 2023. Great opportunity!

Last Agent to Sell the Property

Maria Saldarriaga

Coldwell Banker Realty Listed on: 04/19/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 1890

Lot Details

  • 4,748 Sq Ft Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,192 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Mountain Views
  • Plumbed For Gas In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Taylor Elementary School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,027

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Total Bathrooms: 1
  • LaundryFacilites: Main
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1192
  • Fill Sq Ft Total: 1192
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Appliances: Gas in Kitchen
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Floor Plan: Ranch
  • Flooring: Wood
  • Interior Amenities: 9Ft + Ceilings, See Prop Desc Remarks
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1192

Exterior Features

  • New Construction: Existing Home
  • Foundation Details: Other
  • Lot Type: Level, Mountain View
  • Out Buildings: See Prop Desc Remarks
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Wood Frame

Garage/Parking

  • GarageAmenitities: None, See Prop Desc Remarks
  • Garage Type: None

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity, Natural Gas
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Colorado Springs 11
  • Elementary School: Taylor
  • Elementary School: Taylor
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1090
  • Lot Size: 4750.0000

Tax Info

  • Flip Tax Amount: 1026.85
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2010
Sold by
Reid Derek A
Bought by
Neu Stephen G
Current Estimated Value
$379,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,181
Outstanding Balance
$106,458
Interest Rate
4.17%
Mortgage Type
VA
Estimated Equity
$272,728

Purchase Details

Closed on
Mar 5, 2002
Sold by
Porak Tygh L
Bought by
Reid Derek A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.93%

Purchase Details

Closed on
Jan 29, 2001
Sold by
Porak Properties Inc
Bought by
Porak Tygh L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
14%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Porak Properties Inc
Bought by
Porak Tygh L and Porak Kathy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
10.75%

Purchase Details

Closed on
Feb 20, 1998
Sold by
Porak Tygh L and Porak Kathy K
Bought by
Porak Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
10.75%

Purchase Details

Closed on
Jul 1, 1990
Bought by
Neu Stephen G
Source: Public Records

Range of Values:

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Average Value
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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
Neu Stephen G $157,000 Fidelity National Title Insu
Reid Derek A $125,000 --
Porak Tygh L -- --
Porak Tygh L -- --
Porak Properties Inc -- Unified Title Co Inc
Neu Stephen G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neu Stephen G $162,181
Previous Owner Reid Derek A $112,500
Previous Owner Porak Tygh L $92,400
Previous Owner Porak Tygh L $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold -- -- --
05/10/2023 05/10/23 Off Market $279,500 -- --
05/09/2023 05/09/23 For Sale $279,500 0.0% $234 / Sq Ft
05/02/2023 05/02/23 Off Market $279,500 -- --
05/01/2023 05/01/23 For Sale $279,500 0.0% $234 / Sq Ft
04/21/2023 04/21/23 Off Market $279,500 -- --
04/19/2023 04/19/23 For Sale $279,500 -- $234 / 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 $855 $20,410 -- --
2024 $747 $19,770 $5,030 $14,740
2022 $1,027 $18,350 $4,170 $14,180
2021 $1,115 $18,890 $4,290 $14,600
2020 $1,097 $16,160 $3,580 $12,580
2019 $1,091 $16,160 $3,580 $12,580
2018 $1,041 $14,190 $2,740 $11,450
2017 $986 $14,190 $2,740 $11,450
2016 $774 $13,350 $2,440 $10,910
2015 $771 $13,350 $2,440 $10,910
2014 $740 $12,290 $2,440 $9,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 1618530

Pikes Peak REALTOR® Services

APN: 64074-21-020