627 Alexander Rd Colorado Springs, CO 80909

Knob Hill Neighborhood

Estimated Value: $364,000 - $416,000

2 Beds
2 Baths
1,030 Sq Ft
$381/Sq Ft Est. Value

Last Sold December 27, 2023

Current estimated payment $2,160/month

Highlights

  • Outdoor Gas Grill
  • Property is Fully Fenced
  • 5-minute walk to Betty Krouse Park

About This Home

As of December 2023

Investment excellence awaits with this fully furnished and professionally managed duplex, tailored for short-term rentals with excellent STR rental income history. Each 1 bed, 1 bath unit spans 515 sq/ft and accommodates 4 guests, maximizing your rental potential. Private backyards, complete with hot tubs, fire pits, and BBQ grills, elevate the guest experience. The low-maintenance exterior, featuring turf and xeriscaped rock, ensures minimal upkeep. Recent upgrades include new electrical services, panels, wiring, plumbing, and a new roof, guaranteeing long-term durability. Units have been completely remodeled inside and offer low maintenance finishes and durability. Individual laundry in each unit adds a sought-after convenience. With new furnishings, fixtures, and supplies, this property offers a turnkey investment right away with bookings into next year. King-sized beds enhance guest satisfaction, while comprehensive inclusions simplify ownership. Seize the opportunity to own a fully occupied, fully managed, hassle-free investment property primed for success. Ask about how to obtain non owner occupied STR permits for this property.

Last Agent to Sell the Property

Charlie Peace

Solid Rock Realty Listed on: 11/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $776

Year Built

  • Built in 1927

Lot Details

  • 5,288 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Gas Grill

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • 220 Volts in Kitchen

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$776

Year Built

Built in 1927

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Alley: None
  • Appliances: 220v in Kitchen, Dishwasher, Disposal, Dryer, Gas Grill, Kitchen Vent Fan, Microwave Oven, Range Oven, Refrigerator, Washer

Exterior Features

  • New Construction: Existing
  • Fence: All

Garage/Parking

  • ParkingSpacesNumberOf: 2

Utilities

  • Cooling: See Prop Desc Remarks, Wall Unit(s)
  • Heating: Other, See Prop Desc Remarks, Wall Furnace
  • Utilities: Electricity, Natural Gas
  • Hot Water: Municipal

Schools

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

Lot Info

  • Program Acres Total: 0.1214
  • Lot Size: 5290.0000

Tax Info

  • Flip Tax Amount: 776.14
  • Tax Year: 2022

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2025
Sold by
Higbee Spencer
Bought by
Knob Hill Nooks Llc
Current Estimated Value
$392,667

Purchase Details

Closed on
Dec 27, 2023
Sold by
Peace Charles C and Peace Hannah F
Bought by
Higbee Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,400
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2023
Sold by
Yoder Alexander D
Bought by
Peace Charles C and Peace Hannah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
5.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 5, 2022
Sold by
Maude Romano
Bought by
Yoder Alexander D and Yoder Andrea

Purchase Details

Closed on
May 5, 2003
Sold by
Romano James R and Romano Maude
Bought by
Case Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
12%

Purchase Details

Closed on
Jul 12, 1995
Sold by
Messina James M
Bought by
Romano James R and Romano Maude

Purchase Details

Closed on
Mar 15, 1995
Sold by
Messina James M and Messina Anthony F
Bought by
Messina James M

Purchase Details

Closed on
Sep 1, 1984
Bought by
Romano Maude

Purchase Details

Closed on
Feb 1, 1983
Bought by
Romano Maude
Source: Public Records

Range of Values:

Collateral Analytics

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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
Knob Hill Nooks Llc -- None Listed On Document
Higbee Spencer $550,000 Land Title
Peace Charles C $410,000 Land Title
Yoder Alexander D $320,000 Guardian Title
Case Arthur $75,000 North American Title Co
Romano James R $56,000 Unified Title Co Inc
Messina James M -- --
Romano Maude -- --
Romano Maude -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Higbee Spencer $505,400
Previous Owner Peace Charles C $369,000
Previous Owner Case Arthur $57,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2023 12/27/23 Sold -- -- --
12/08/2023 12/08/23 Off Market $550,000 -- --
11/28/2023 11/28/23 For Sale $550,000 -- $534 / 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 $834 $22,760 -- --
2024 $727 $19,400 $3,430 $15,970
2022 $776 $13,870 $2,540 $11,330
2021 $842 $14,270 $2,620 $11,650
2020 $726 $10,700 $2,290 $8,410
2019 $722 $10,700 $2,290 $8,410
2018 $619 $8,440 $1,510 $6,930
2017 $587 $8,440 $1,510 $6,930
2016 $468 $8,080 $1,670 $6,410
2015 $467 $8,080 $1,670 $6,410
2014 $450 $7,480 $1,670 $5,810
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Charlie Peace

    Solid Rock Realty

    (719) 502-1827

    1 in this area

    52 Total Sales

    Charlie Peace
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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 6800297

Pikes Peak REALTOR® Services

APN: 64094-09-013

Colorado El Paso County Colorado Springs 80909 Knob Hill

627 Alexander Rd, Colorado Springs, CO

This home is located at 627 Alexander Rd, Colorado Springs, CO 80909 since 28 November 2023 and is currently estimated at $392,667, approximately $381 per square foot. This property was built in 1927. 627 Alexander Rd is a home located in El Paso County with nearby schools including Queen Palmer Elementary School, Galileo School Of Math And Science, and William J. Palmer 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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