NOT LISTED FOR SALE

523 Observatory Dr Unit 12E Colorado Springs, CO 80904

Westside Neighborhood

Estimated Value: $286,000 - $317,000

2 Beds
2 Baths
1,056 Sq Ft
$360/mo HOA Fee

Last Sold March 08, 2024

Last sale price $320,000 $303 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,033/month

4 Days on Market

Highlights

  • Mountain View
  • Property is near a park
  • Ranch Style House
  • Bristol Elementary, School of the Arts and STEM Rated A-
  • Vaulted Ceiling
  • End Unit

About This Home

As of March 2024

This hidden gem is a must see! Tucked away in the coveted west side of town, you’ll find this TREASURE of a home! How this home works is that you walk in on the ground floor, then go upstairs to the unit. Everything is on the second level. Garage is on the main level. So it’s a ranch-style home. Beautiful, quiet condominium with an amazing view! Enjoy coffee on the deck and you’ll feel like you’re at a mountain retreat. Spectacular sunsets! You’ll also find a kitchen with plenty of countertops and cabinetry. All appliances included. Lovely separate dining room, inviting living room, and the master bathroom has an en-suite bathroom. Second bedroom could be an office or study. Two FULL baths. Inviting wood fireplace. This is just a perfect unit in a quiet location in Colorado Springs. And one more thing: you know those antiseptic condominium complexes that look like commercial properties, and have used EVERY INCH of the property to build on with NO parking and NO elbow room? Well, this is NOT that. Plenty of parking and wide open space and room between buildings. Act now as this one won’t last!

Last Agent to Sell the Property

Lisa Robinson

REMAX PROPERTIES Listed on: 01/24/2024

Last Buyer's Agent

Lane Wittenmyer

Venterra Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $522

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1,056 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace
  • Mountain Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Remote Devices

Location

  • Property is near a park
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available

Community Details

Overview

  • Association fees include covenant enforcement, maintenance structure, insurance, snow removal, trash removal

Recreation

  • Hiking Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$522

Year Built

Built in 1984

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • AdjacentParcelforSaleYN: No
  • Total Bathrooms: 2
  • LaundryFacilites: Main
  • Property Attached Yn: Yes
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1056
  • Fill Sq Ft Total: 1056
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Alley: None
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Type: Main Level, One, Wood Burning
  • Floor Plan: Ranch
  • Flooring: Carpet, Vinyl/Linoleum
  • Interior Amenities: Vaulted Ceilings
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1056

Exterior Features

  • New Construction: Existing Home
  • Fence: None
  • Foundation Details: Slab
  • Landscaped: All
  • Lot Type: Mountain View
  • Lot Location: Hiking Trail, Near Fire Station, Near Park, Near Schools
  • PatioDesc: Composite
  • Roof: Tile
  • Exterior Construction: Stucco
  • Structure: Frame

Garage/Parking

  • Driveway: Concrete
  • Number Of Garage Remotes: 1
  • Garage Spaces: 1
  • Garage Type: Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Electricity Connected, Natural Gas, Telephone
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee: 360.00
  • Association Fee Frequency: Monthly

Fee Information

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

Schools

  • School District: Colorado Springs 11
  • School District: Colorado Springs 11

Lot Info

  • Lot Size: 784.0000

Tax Info

  • Flip Tax Amount: 522.10
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Mar 8, 2024
Sold by
Phinizy Donna I
Bought by
Jacobsen Jamie Kate and Jacobsen Gayle T
Seller's Agent
Lisa Robinson
REMAX PROPERTIES
Buyer's Agent
Lane Wittenmyer
Venterra Real Estate LLC
List Price
$320,000
Sold Price
$320,000
Views
11
Current Estimated Value
$301,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,077
Avg. Annual Appreciation
-3.57%

Purchase Details

Closed on
Mar 31, 2006
Sold by
Devalois Nelva and Vanzyl Nelva A
Bought by
Phinizy Donna I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 1, 1987
Bought by
Phinizy Donna I
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
Jacobsen Jamie Kate $320,000 Empire Title
Phinizy Donna I $156,500 Security Title
Phinizy Donna I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phinizy Donna I $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $320,000 0.0% $303 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $320,000 -- $303 / 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 $862 $21,560 -- --
2024 $386 $19,890 $4,390 $15,500
2023 $386 $19,890 $4,390 $15,500
2022 $522 $16,280 $2,880 $13,400
2021 $566 $16,750 $2,970 $13,780
2020 $449 $13,240 $2,220 $11,020
2019 $447 $13,240 $2,220 $11,020
2018 $423 $11,540 $1,800 $9,740
2017 $401 $11,540 $1,800 $9,740
2016 $704 $12,150 $1,990 $10,160
2015 $702 $12,150 $1,990 $10,160
2014 $639 $10,620 $1,790 $8,830
Source: Public Records

Agents Affiliated with this Home

  • Lisa Robinson

    Seller's Agent in 2024

    Lisa Robinson

    RE/MAX

    (719) 331-5999

    2 in this area

    108 Total Sales

    Lisa Robinson
    Section Image
  • Lane Wittenmyer

    Buyer's Agent in 2024

    Lane Wittenmyer

    Venterra Real Estate LLC

    (719) 888-9897

    3 in this area

    62 Total Sales

    Lane Wittenmyer
    Section Image
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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 9548364

Pikes Peak REALTOR® Services

APN: 74123-17-050

Colorado El Paso County Colorado Springs 80904 Westside

523 Observatory Dr Unit 12E, Colorado Springs, CO

This home is located at 523 Observatory Dr Unit 12E, Colorado Springs, CO 80904 since 24 January 2024 and is currently estimated at $301,923, approximately $285 per square foot. This property was built in 1984. 523 Observatory Dr Unit 12E 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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