NOT LISTED FOR SALE

514 Observatory Dr Unit F Colorado Springs, CO 80904

Westside Neighborhood

Estimated Value: $306,000 - $338,000

2 Beds
2 Baths
1,278 Sq Ft
$360/mo HOA Fee

Last Sold August 27, 2024

Last sale price $345,000 $270 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,164/month

3 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Ground Level Unit
  • Bristol Elementary, School of the Arts and STEM Rated A-
  • End Unit
  • Covered Patio or Porch

About This Home

As of August 2024

Welcome to the gorgeous 2 bedrooms 2 full bathrooms condo in Promontory Point this unit has spectacular views of Pikes Peak and the Garden of the Gods. It is great for easy Colorado living. This garden-level condo offers upgraded easy to easy-to-maintain Luxury vinyl plank flooring in the living area and the kitchen. The master bedroom includes a large walking closet. Enjoy the bonus room that can offer extra space you can use as an office, exercise room, or game room.
Do not miss your opportunity to own in this quiet community within minutes of downtown and easy highway access.

Last Agent to Sell the Property

Maysa Jad

NAV Real Estate Brokerage Phone: 720-379-3445 Listed on: 07/25/2024

NAV Real Estate

Last Buyer's Agent

Heather Kirkwood

The Cutting Edge

The Cutting Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $914

Year Built

  • Built in 1984

Lot Details

  • Open Space
  • End Unit

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,278 Sq Ft Home
  • Mountain Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Bristol Elementary School
  • Holmes Middle School
  • Coronado High School

Additional Features

  • Covered Patio or Porch
  • Ground Level Unit
  • Forced Air Heating System

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$914

Year Built

Built in 1984

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Total Bathrooms: 2
  • LaundryFacilites: Main
  • Property Attached Yn: Yes
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1278
  • Fill Sq Ft Total: 1278
  • Year Built: 1984
  • Attribution Contact: 720-379-3445
  • Special Features: None

Interior Features

  • Appliances: Cook Top, Dishwasher, Disposal, Microwave Oven, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Type: Main Level
  • Floor Plan: Ranch
  • Flooring: Carpet, Vinyl/Linoleum
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1278

Exterior Features

  • New Construction: Existing Home
  • Foundation Details: Slab
  • Lot Type: Backs to Open Space, Mountain View
  • PatioDesc: Covered
  • Roof: Composite Shingle
  • Exterior Construction: Stucco
  • Structure: Framed on Lot

Garage/Parking

  • Garage Spaces: 1
  • Garage Type: Attached

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Utilities: Electricity Available, Natural Gas Available
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Common Amenities: Green Areas, Landscape Maintenance

Fee Information

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

Schools

  • School District: Colorado Springs 11
  • Elementary School: Bristol
  • Middle School: Holmes
  • High School: Coronado
  • Elementary School: Bristol
  • High School: Coronado
  • Middle Or Junior School: Holmes
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.0171
  • Lot Size: 745.0000

Tax Info

  • Flip Tax Amount: 913.78
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 27, 2024
Sold by
Malyshev Inna A and Malyshev Nina
Bought by
Burbach Jean A
Seller's Agent
Maysa Jad
NAV Real Estate
Buyer's Agent
Heather Kirkwood
The Cutting Edge
List Price
$345,000
Sold Price
$345,000
Views
11
Current Estimated Value
$324,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,039
Avg. Annual Appreciation
-5.20%
Original Mortgage
$150,000
Outstanding Balance
$148,407
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$176,554

Purchase Details

Closed on
Sep 9, 1997
Sold by
Malyshev Inna A
Bought by
Malyshev Inna A and Malyshev Nina A

Purchase Details

Closed on
Jun 12, 1995
Sold by
Smith Barbara Jean
Bought by
Malyshev Inna A

Purchase Details

Closed on
Sep 1, 1986
Bought by
Malyshev Inna A and Malyshev Nina A
Source: Public Records

Range of Values:

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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
Burbach Jean A $345,000 First American Title
Malyshev Inna A -- --
Malyshev Inna A -- --
Malyshev Inna A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burbach Jean A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $345,000 0.0% $270 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $345,000 -- $270 / 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 $973 $23,420 -- --
2024 $864 $21,900 $4,390 $17,510
2022 $914 $16,330 $2,880 $13,450
2021 $992 $16,810 $2,970 $13,840
2020 $1,021 $15,040 $2,220 $12,820
2019 $1,015 $15,040 $2,220 $12,820
2018 $963 $13,120 $1,800 $11,320
2017 $912 $13,120 $1,800 $11,320
2016 $800 $13,800 $1,990 $11,810
2015 $797 $13,800 $1,990 $11,810
2014 $710 $11,800 $1,790 $10,010
Source: Public Records

Agents Affiliated with this Home

  • Maysa Jad

    Seller's Agent in 2024

    Maysa Jad

    NAV Real Estate

    (720) 891-3718

    2 in this area

    144 Total Sales

    Maysa Jad
    Section Image

  • H

    Buyer's Agent in 2024

    Heather Kirkwood

    The Cutting Edge

    (719) 684-5113

    2 in this area

    136 Total Sales

    Heather Kirkwood
    Section Image
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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 5521531

Pikes Peak REALTOR® Services

APN: 74123-17-046

Colorado El Paso County Colorado Springs 80904 Westside

514 Observatory Dr Unit F, Colorado Springs, CO

This home is located at 514 Observatory Dr Unit F, Colorado Springs, CO 80904 since 25 July 2024 and is currently estimated at $324,961, approximately $254 per square foot. This property was built in 1984. 514 Observatory Dr Unit F is a home located in El Paso County with nearby schools including Bristol Elementary, School of the Arts and STEM, Holmes Middle School, and Coronado High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pikes Peak REALTOR® Services IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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