NOT LISTED FOR SALE

7409 Colonial Dr Fountain, CO 80817

Widefield Neighborhood

Estimated Value: $376,000 - $408,000

4 Beds
3 Baths
2,320 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $390,000 $168 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,228/month

23 Days on Market

Highlights

  • Main Floor Bedroom
  • Accessible Bathroom
  • Wood Siding
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

A fantastic 4-level home in the sought-after community of Fountain Valley. This home has been beautifully updated, featuring an updated kitchen and bathrooms. The house features 2 master suites, 2 separate living spaces, a fireplace and plenty of storage. The home has an expansive yard, with both RV parking and plenty of room to entertain.

The property is conveniently located in a cul-de-sac, just 6 minutes from Colorado Springs, in close proximity to Fort Carson, Powers, and I-25, and local hospitals. The home offers easy access to all local major transportation routes. This prime location caters to a variety of lifestyle needs.

Last Agent to Sell the Property

Nathan Johnson

RE/MAX Real Estate Group LLC Listed on: 07/12/2023

RE/MAX Real Estate Group LLC

Co-Listed By

Jennifer Guerrero

RE/MAX Real Estate Group LLC

Last Buyer's Agent

Tamara Shannon

HomeSmart

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,452

Year Built

  • Built in 1978

Lot Details

  • 10,851

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,320 Sq Ft Home
  • 4-Story Property
  • Partial Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Schools

  • King Elementary School
  • Janitell Middle School
  • Mesa Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Kitchen

Additional Features

  • Accessible Bathroom
  • 10,851 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,452

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Total Bathrooms: 3
  • Handicap Amenities: Bathroom Access, See Prop Desc Remarks
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Fill Sq Ft Total: 2320
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Appliances: 220v in Kitchen, Dishwasher, Microwave Oven, Refrigerator
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Type: Lower Level
  • Floor Plan: 4-Levels
  • Interior Amenities: 5-Pc Bath
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1320

Exterior Features

  • New Construction: Existing Home
  • Foundation Details: Partial Basement
  • Lot Type: See Prop Desc Remarks
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Framed on Lot

Garage/Parking

  • Garage Spaces: 2
  • Garage Type: Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • Elementary School: King
  • High School: Mesa Ridge
  • Middle Or Junior School: Janitell
  • School District: Widefield-3

Lot Info

  • Program Acres Total: 0.2491
  • Lot Size: 10851.0000

Tax Info

  • Flip Tax Amount: 1452.19
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Sep 5, 2023
Sold by
Reichmuth Gary P
Bought by
Traver Alex and Reeves Gabrielle
Seller's Agent
Nathan Johnson
RE/MAX Real Estate Group LLC
Buyer's Agent
Tamara Shannon
HomeSmart
List Price
$430,000
Sold Price
$390,000
Premium/Discount to List
-$40,000
-9.3%
Views
42
Current Estimated Value
$396,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,396
Avg. Annual Appreciation
0.76%
Original Mortgage
$398,385
Outstanding Balance
$389,695
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$6,701

Purchase Details

Closed on
Apr 24, 2023
Sold by
Lloyd Linda L
Bought by
Reichmuth Gary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.6%
Mortgage Type
VA

Purchase Details

Closed on
Dec 18, 2014
Sold by
Gonzalez Jose J and Diaz Katherine
Bought by
Reichmuth Gary P and Lloyd Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
4.04%
Mortgage Type
VA

Purchase Details

Closed on
May 28, 2010
Sold by
Gonzalez Jose J
Bought by
Gonzalez Jose J and Diaz Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2007
Sold by
Cano Ernesto H
Bought by
Arjon Raymundo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,977
Interest Rate
6.25%
Mortgage Type
VA

Purchase Details

Closed on
Apr 15, 2005
Sold by
Cano Ernesto H and Cano Sylvia Marlene
Bought by
Cano Ernesto H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2005
Sold by
Phillips David M and Romero Phillips Marlene L
Bought by
Cano Ernesto H and Cano Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2001
Sold by
Cooper Dawn A
Bought by
Phillips David M and Romero Phillips Marlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,050
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1995
Sold by
Marquith David N and Marquith Judy L
Bought by
Hancheck John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,300
Interest Rate
9%

Purchase Details

Closed on
Aug 28, 1989
Bought by
Reichmuth Gary P

Purchase Details

Closed on
Dec 1, 1985
Bought by
Reichmuth Gary P

Purchase Details

Closed on
Nov 1, 1978
Bought by
Reichmuth Gary P
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
Traver Alex $390,000 Stewart Title
Reichmuth Gary P -- None Listed On Document
Reichmuth Gary P $166,000 None Available
Gonzalez Jose J -- Bankers Title
Gonzales Jose J $135,000 Bankers Title
Arjon Raymundo $185,000 Title America
Cano Ernesto H -- --
Cano Ernesto H $180,000 Title America
Phillips David M $140,000 Stewart Title
Hancheck John F $112,300 First American Title
Reichmuth Gary P $82,000 --
Reichmuth Gary P -- --
Reichmuth Gary P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Traver Alex $398,385
Previous Owner Reichmuth Gary P $280,000
Previous Owner Reichmuth Gary P $166,000
Previous Owner Gonzales Jose J $132,554
Previous Owner Arjon Raymundo $188,977
Previous Owner Cano Ernesto H $144,000
Previous Owner Phillips David M $138,050
Previous Owner Hancheck John F $72,300
Closed Cano Ernesto H $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2023 09/06/23 Off Market $390,000 -- --
09/05/2023 09/05/23 Sold $390,000 -1.3% $168 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $395,000 -8.1% $170 / Sq Ft
07/12/2023 07/12/23 For Sale $430,000 -- $185 / 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 $1,787 $28,200 -- --
2024 $1,619 $28,640 $4,820 $23,820
2022 $1,452 $20,850 $3,410 $17,440
2021 $1,441 $21,450 $3,500 $17,950
2020 $1,345 $17,920 $3,070 $14,850
2019 $1,336 $17,920 $3,070 $14,850
2018 $1,113 $13,990 $2,340 $11,650
2017 $1,126 $13,990 $2,340 $11,650
2016 $819 $12,650 $2,390 $10,260
2015 $842 $12,650 $2,390 $10,260
2014 $721 $10,930 $2,390 $8,540
Source: Public Records

Agents Affiliated with this Home

  • Nathan Johnson

    Seller's Agent in 2023

    Nathan Johnson

    RE/MAX

    (719) 209-5316

    30 in this area

    301 Total Sales

    Nathan Johnson
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jennifer Guerrero

    RE/MAX

    (719) 640-3285

    6 in this area

    47 Total Sales

    Jennifer Guerrero
    Section Image

  • T

    Buyer's Agent in 2023

    Tamara Shannon

    HomeSmart

    (719) 619-6752

    2 in this area

    13 Total Sales

    Tamara Shannon
    Section Image
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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 6961745

Pikes Peak REALTOR® Services

APN: 55201-03-015

Colorado El Paso County Fountain 80817 Widefield

7409 Colonial Dr, Fountain, CO

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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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