$326,000
SOLD OCT 24, 2024
3 Beds
2 Baths
2,392 Sq Ft
7,710 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

1% Below List Price

14 Days on Market

Highlights

  • Property is near a park
  • Ranch Style House
  • Hiking Trails
  • Skyway Park Elementary School Rated A
  • Covered patio or porch
  • 1 Car Attached Garage

About This Home

As of March 2025

***INVESTOR SPECIAL*** Great investment opportunity in the highly desirable Lower Skyway neighborhood. Cute 3 bed, 2 bath Raised Ranch home located in the award-winning Cheyenne Mountain School District 12. This home is conveniently close to downtown, Old Colorado City, the Broadmoor Hotel, hiking and biking in Cheyenne Canyon, Bear Creek Regional Park, Bear Creek Dog Park and more. Tastefully xeriscaped in both the front and the back, with trees providing shade in the backyard, as well as a covered patio area where you can unwind and enjoy the peace and quiet. The interior does need updating and remodeling, but the projects are very doable for someone with the know-how and initiative, and that sweat equity could prove to be a very worthwhile ROI. This home is absolutely worth taking a look at – a diamond in the rough!!!

Last Agent to Sell the Property

Michael Dillon

HomeSmart Brokerage Phone: 719-634-8761 Listed on: 10/09/2024

HomeSmart

Last Buyer's Agent

Jeff Piggot

RE/MAX Real Estate Group

RE/MAX Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1955

Lot Details

  • 7,710 Sq Ft Lot
  • Back Yard Fenced
  • Sloped Lot

Parking

  • 1 Car Attached Garage

Home Design

  • 2,392 Sq Ft Home
  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Covered patio or porch

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,407

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Total Bathrooms: 2
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1196
  • Fill Sq Ft Total: 2392
  • Year Built: 1955
  • Attribution Contact: 719-634-8761
  • Special Features: None

Interior Features

  • Basement Percentage Finished: 80
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Floor Plan: Ranch
  • Finished Sq Ft: 2152
  • Sq Ft Total Bsmt: 1196

Exterior Features

  • New Construction: Existing Home
  • Fence: Rear
  • Foundation Details: Full Basement
  • Lot Type: Sloping
  • Lot Location: Hiking Trail, Near Fire Station, Near Park, Near Public Transit, Near Schools, Near Shopping Center
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Type: Attached

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Utilities: Electricity Connected
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Cheyenne Mtn-12
  • School District: Cheyenne Mtn-12

Lot Info

  • Program Acres Total: 0.1770
  • Lot Size: 0.1770

Tax Info

  • Flip Tax Amount: 1407.43
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
Mar 18, 2025
Sold by
Good Home Renovations Llc
Bought by
Banko Brian and Neagle Hannah
Seller's Agent
Mackenzie Piggot
The Cutting Edge
Buyer's Agent
Amber Wolcott
The Platinum Group
List Price
$535,000
Sold Price
$535,000
Total Days on Market
14
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.15%
Original Mortgage
$515,873
Outstanding Balance
$515,873
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$11,245

Purchase Details

Listed on
Oct 9, 2024
Closed on
Oct 24, 2024
Sold by
Connelly Judy L
Bought by
Good Home Renovations Llc
Seller's Agent
Michael Dillon
HomeSmart
Buyer's Agent
Jeff Piggot
RE/MAX Real Estate Group
List Price
$330,000
Sold Price
$326,000
Premium/Discount to List
-$4,000
-1.21%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
245.02%

Purchase Details

Closed on
Jun 27, 2016
Sold by
Ludlam Patricia E
Bought by
Connelly Judy L

Purchase Details

Closed on
Aug 5, 1975
Bought by
Connelly Judy L

Purchase Details

Closed on
Nov 14, 1972
Bought by
Connelly Judy L

Purchase Details

Closed on
Jul 21, 1964
Bought by
Connelly Judy L
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 Type Sale Price Title Company
Special Warranty Deed $535,000 Land Title Guarantee Company
Warranty Deed $326,000 Land Title Guarantee Company
Quit Claim Deed -- None Available
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $515,873 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $535,000 0.0% $224 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $535,000 0.0% $224 / Sq Ft
02/16/2025 02/16/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $535,000 +64.1% $224 / Sq Ft
10/24/2024 10/24/24 Sold $326,000 -1.2% $136 / Sq Ft
10/11/2024 10/11/24 Off Market $330,000 -- --
10/09/2024 10/09/24 For Sale $330,000 -- $138 / 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 $1,407 $32,500 $6,280 $26,220
2022 $1,590 $23,340 $5,250 $18,090
2021 $1,680 $24,020 $5,410 $18,610
2020 $1,448 $20,180 $4,830 $15,350
2019 $1,432 $20,180 $4,830 $15,350
2018 $1,282 $17,730 $4,270 $13,460
2017 $1,276 $17,730 $4,270 $13,460
2016 $1,202 $17,150 $4,480 $12,670
2015 $1,200 $17,150 $4,480 $12,670
2014 $1,091 $15,590 $4,480 $11,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 8208717

Pikes Peak REALTOR® Services

APN: 74243-05-002