NOT LISTED FOR SALE

593 Observatory Dr Unit 1D Colorado Springs, CO 80904

Westside Neighborhood

Estimated Value: $293,000 - $312,000

2 Beds
2 Baths
1,212 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 593 Observatory Dr Unit 1D, Colorado Springs, CO 80904 and is currently estimated at $302,848, approximately $249 per square foot. 593 Observatory Dr Unit 1D 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Scherrer Stephen W and Scherrer Carly K
Bought by
Toscano Cathy M
Current Estimated Value
$302,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,380
Outstanding Balance
$222,933
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$79,915

Purchase Details

Closed on
Dec 30, 2010
Sold by
Scherrer Stephen W
Bought by
Scherrer Stephen W and Scherrer Carly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Foster Tad S and Foster Melissa C
Bought by
Scherrer Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 2, 1998
Sold by
Foster Tad S
Bought by
Foster Tad S and Foster Melissa C

Purchase Details

Closed on
Aug 5, 1993
Bought by
Scherrer Stephen W

Purchase Details

Closed on
Apr 7, 1992
Bought by
Scherrer Stephen W

Purchase Details

Closed on
Feb 1, 1985
Bought by
Scherrer Stephen W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Toscano Cathy M $254,000 Land Title Guarantee Company
Scherrer Stephen W -- Land Title Guarantee Company
Scherrer Stephen W $151,000 Land Title
Foster Tad S -- --
Scherrer Stephen W $86,800 --
Scherrer Stephen W $84,000 --
Scherrer Stephen W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toscano Cathy M $246,380
Previous Owner Scherrer Stephen W $120,800
Previous Owner Scherrer Stephen W $120,800
Closed Scherrer Stephen W $22,600
Source: Public Records

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 $912 $23,080 -- --
2024 $804 $20,800 $4,390 $16,410
2022 $862 $15,400 $2,880 $12,520
2021 $935 $15,850 $2,970 $12,880
2020 $879 $12,950 $2,220 $10,730
2019 $874 $12,950 $2,220 $10,730
2018 $867 $11,810 $1,800 $10,010
2017 $821 $11,810 $1,800 $10,010
2016 $721 $12,430 $1,990 $10,440
2015 $718 $12,430 $1,990 $10,440
2014 $644 $10,710 $1,790 $8,920
Source: Public Records

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