516 W Boulder St Colorado Springs, CO 80905
Westside NeighborhoodEstimated Value: $240,000 - $357,384
4
Beds
2
Baths
1,608
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Forced Air Heating System
- School of Choice Available
- Bristol Elementary, School of the Arts and STEM Rated A-
About This Home
As of February 2023No Showings on Wednesdays. PLEASE SEE ATTACHED DOCUMENTS For Good Information. SOLD AS IS. Seller will pay to have sewer line repaired post closing per attached bid from Joe Frei Excavating at current list price. 5.45% CAP rate income property at $325k. Tenant may be home, knock first. Tenant occupied, 24 hour notice required for showings. Closing can be as quick as you like, but if new buyer not keeping current tenants, leases require a 30 day notice to vacate which would be communicated by new buyer after closing, Tenants on a month to month lease. Average & Median Rents in the area for 2 bed 1 bath units is $1350/month, or more specifically $1.63/sqft on average so there is about a $2500 rent potential on new leases for these units. Current month to month rents on the units are $1000/mo and $800/mo for unit 516 and 518 respectively, these are very low rents for the area. Buyer to verify all measurements. Water Heaters in each unit installed in 2002. Furnace 2007 in 518.
Last Agent to Sell the Property
Wish Property Group Inc License #100042901 Listed on: 09/16/2022
Last Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $699
Year Built
- Built in 1900
Lot Details
- 4,400 Sq Ft Lot
- Property is zoned R2
Parking
- 2 Parking Spaces
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Partial Basement
Kitchen
- Oven
- Range
- Microwave
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Bristol Elementary School
- Holmes Middle School
- Coronado High School
- School of Choice Available
Utilities
- Forced Air Heating System
Community Details
- Sherman Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Exclusions: Tenant's personal items
- Assessor Parcel Number 74124-22-022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2022
Closed on
Feb 8, 2023
Sold by
Hibbs David W
Bought by
Aunan Christopher Bruce
Seller's Agent
Jerrod Butler
Wish Property Group Inc
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$325,000
Sold Price
$294,000
Premium/Discount to List
-$31,000
-9.54%
Total Days on Market
124
Views
80
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
$9,096
Avg. Annual Appreciation
1.33%
Original Mortgage
$279,300
Outstanding Balance
$272,245
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$30,851
Purchase Details
Closed on
Aug 21, 2015
Sold by
Aspedon Fred W and Aspedon Darlene M
Bought by
Hibbs David W and Ahmed June D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 19, 1992
Bought by
Hibbs David W
Purchase Details
Closed on
Sep 16, 1991
Bought by
Hibbs David W
Similar Homes in Colorado Springs, CO
-
$250,000
- 2 Beds
- 1 Bath
- 851 Sq Ft
- 816 S Logan Ave
- Colorado Springs, CO
VIEW OF LAKE IN FRONT, VIEW OF PEAK IN BACK, LONG LOT, GREAT INVESTMENT PROPERTY! GREAT STARTER HOME! CLOSE TOEVERYTHING! MINUTES TO DOWNTOWN! ENJOY QUIET WALKS IN THE PARK OR ENJOY AN AFTERNOON OF WATER SKIING ON THE LAKE!HURRY! GREAT OPPORTUNITY!
Mike Kenney Better Homes & Gardens Real Estate - Kenney & Co.
-
$310,000
- 2 Beds
- 2.5 Baths
- 1,448 Sq Ft
- 3330 Templeton Gap Rd
- Unit 15
- Colorado Springs, CO
Located just steps from the prestigious Colorado Springs Country Club, this stunning 2-bedroom, 2.5-bath townhome offers a rare combination of privacy, natural light, and convenience. Tucked away at the rear of the complex, this home provides a quiet retreat while still being close to top-tier community amenities.The main level features a welcoming front patio, a spacious kitchen, a dining area,
Aimee Fletcher eXp Realty, LLC
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Aunan Christopher Bruce | -- | Stewart Title | |
| Hibbs David W | $110,000 | Legacy Title Group Llc | |
| Hibbs David W | $55,000 | -- | |
| Hibbs David W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aunan Christopher Bruce | $279,300 | |
| Previous Owner | Hibbs David W | $99,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2023 02/16/23 | Sold | $294,000 | -9.5% | $183 / Sq Ft |
| 01/18/2023 01/18/23 | Pending | -- | -- | -- |
| 12/20/2022 12/20/22 | For Sale | $325,000 | 0.0% | $202 / Sq Ft |
| 11/23/2022 11/23/22 | Pending | -- | -- | -- |
| 11/21/2022 11/21/22 | Price Changed | $325,000 | -4.4% | $202 / Sq Ft |
| 10/31/2022 10/31/22 | Price Changed | $340,000 | -9.3% | $211 / Sq Ft |
| 10/25/2022 10/25/22 | Price Changed | $375,000 | -3.8% | $233 / Sq Ft |
| 10/05/2022 10/05/22 | Price Changed | $390,000 | -12.4% | $243 / Sq Ft |
| 09/16/2022 09/16/22 | For Sale | $445,000 | -- | $277 / Sq Ft |
Source: REcolorado®
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 | $512 | $15,470 | $5,160 | $10,310 |
| 2022 | $645 | $11,520 | $3,570 | $7,950 |
| 2021 | $699 | $11,850 | $3,670 | $8,180 |
| 2020 | $671 | $9,890 | $3,120 | $6,770 |
| 2019 | $668 | $9,890 | $3,120 | $6,770 |
| 2018 | $583 | $7,940 | $2,880 | $5,060 |
| 2017 | $552 | $7,940 | $2,880 | $5,060 |
| 2016 | $740 | $12,760 | $3,180 | $9,580 |
| 2015 | $737 | $12,760 | $3,180 | $9,580 |
| 2014 | $710 | $11,800 | $2,870 | $8,930 |
Source: Public Records
Agents Affiliated with this Home
-
Jerrod Butler
Seller's Agent in 2023
Jerrod Butler
Wish Property Group Inc
(719) 422-9474
2 in this area
54 Total Sales
-
O
Buyer's Agent in 2023
Other MLS Non-REcolorado
NON MLS PARTICIPANT
Map
Source: REcolorado®
MLS Number: 6033330
APN: 74124-22-022
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.
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Nearby Homes
- 427 N Walnut St
- 234 N Chestnut St
- 444 N Spruce St
- 519 W Bijou St
- 325 W Saint Vrain St
- 317 W Saint Vrain St
- 505 N Spruce St
- 509 N Spruce St
- 715 W Bijou St
- 614 W Kiowa St
- 114 N 7th St
- 817 W Kiowa St
- 735 N Walnut St
- 660 Pony Ln
- 738 Harrison Place
- 3 S 8th St
- 565 W Dale St
- 549 W Dale St Unit 569
- 29 W Boulder St Unit C29
- 6 Boulder Crescent St
- 516 W Boulder St
- 516 W Boulder St
- 520 W Boulder St
- 514 W Boulder St
- 516 & 518 W Boulder St
- 411 Cooper Ave
- 415 Cooper Ave
- 402 N Walnut St
- 408 N Walnut St
- 308 N Walnut St
- 402 Cooper Ave
- 509 W Boulder St
- 419 Cooper Ave
- 406 Cooper Ave
- 412 N Walnut St
- 408 Cooper Ave
- 530 W Boulder St
- 412 Cooper Ave
- 508 W Platte Ave
- 311 N Walnut St