NOT LISTED FOR SALE

Estimated Value: $478,000 - $726,589

1 Bed
1 Bath
2,051 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $700,000 $341 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,673/month

40 Days on Market

About This Home

As of January 2023

-Unique 4 unit property available in the desirable Downtown Colorado Springs area, walking distance to Colorado College.
-Desirable unit mix offers 2 units with 2 bedrooms and 2 units with 1 bedrooms.
-Quick access to downtown restaurants, retail and entertainment such as; Weidner Field and Robson Arena.
-Tenants cover all utilities via billback program.
-Units are in good condition but upside available via unit turns.
-The 4th unit is it's own free standing cottage/ carriage house.

Last Agent to Sell the Property

Lee Wagner

Capstone West, LLC Listed on: 11/02/2022

Last Buyer's Agent

Lee Wagner

Capstone West, LLC Listed on: 11/02/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1909

Lot Details

  • 5,249 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Quadruplex

Utilities

  • No Cooling
  • Forced Air Heating System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,846

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Prop. Type: Income
  • Year Built: 1909
  • Special Features: None

Exterior Features

  • New Construction: Existing

Garage/Parking

  • ParkingSpacesNumberOf: 1

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Utilities: Electricity Available, Natural Gas Available
  • Hot Water: Municipal

Schools

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

Lot Info

  • Program Acres Total: 0.1205
  • Lot Size: 5250.0000

Tax Info

  • Flip Tax Amount: 1845.76
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 26, 2023
Sold by
Miller Steven
Bought by
Hibernation Den Llc
Seller's Agent
Lee Wagner
Capstone West, LLC
Buyer's Agent
Lee Wagner
Capstone West, LLC
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Total Days on Market
40
Views
24
Current Estimated Value
$629,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,853
Avg. Annual Appreciation
-4.42%
Original Mortgage
$455,000
Outstanding Balance
$410,169
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$218,978

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 11, 2023
Sold by
Miller Judy
Bought by
Miller Steven
Seller's Agent
Lee Wagner
Capstone West, LLC
Buyer's Agent
Lee Wagner
Capstone West, LLC
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$410,169
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$218,978

Purchase Details

Closed on
Jun 11, 2009
Sold by
Blake Christopher P and Blake Susan
Bought by
Miller Steven and Miller Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 1999
Sold by
Lynn Judith L
Bought by
Blake Christopher P and Blake Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,750
Interest Rate
7.06%

Purchase Details

Closed on
Jan 12, 1998
Sold by
W T H Investors
Bought by
Lynn Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
7.14%

Purchase Details

Closed on
Jan 1, 1988
Bought by
Miller Judy

Purchase Details

Closed on
Jan 1, 1986
Bought by
Miller Judy

Purchase Details

Closed on
Jul 1, 1979
Bought by
Miller Judy
Source: Public Records

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Range of Values:

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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
Hibernation Den Llc $700,000 Land Title
Miller Steven -- Land Title Guarantee
Miller Steven $230,000 Htco
Blake Christopher P $173,000 --
Lynn Judith L $166,000 --
Miller Judy -- --
Miller Judy -- --
Miller Judy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hibernation Den Llc $455,000
Previous Owner Miller Steven $131,045
Previous Owner Miller Steven $172,500
Previous Owner Blake Christopher P $183,500
Previous Owner Blake Christopher P $181,900
Previous Owner Blake Christopher P $129,750
Previous Owner Lynn Judith L $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Off Market $700,000 -- --
01/26/2023 01/26/23 Sold $700,000 -3.4% $341 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $725,000 -- $353 / 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
2024 $1,708 $37,310 $6,290 $31,020
2022 $1,682 $30,060 $4,120 $25,940
2021 $1,846 $31,280 $4,320 $26,960
2020 $1,791 $26,390 $3,430 $22,960
2019 $1,781 $26,390 $3,430 $22,960
2018 $1,662 $22,650 $3,330 $19,320
2017 $1,574 $22,650 $3,330 $19,320
2016 $1,210 $20,870 $3,340 $17,530
2015 $1,205 $20,870 $3,340 $17,530
2014 $1,051 $17,470 $3,340 $14,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 4073281

Pikes Peak REALTOR® Services

APN: 64074-03-010