837 E Rio Grande St Colorado Springs, CO 80903
Hillside/East Lake NeighborhoodEstimated Value: $431,000 - $546,000
5
Beds
2
Baths
2,139
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- City View
- Covered patio or porch
- 1-Story Property
- No HOA
- Oversized Parking
- Fire Pit
About This Home
As of September 2020Minutes from Downtown Colorado Springs, and steps from Switchback Coffee, this lovingly renovated Craftsman-style home has been completely transformed into an incredibly warm and inviting retreat. Nearly every visual aspect of the home has been revamped, reimagined, or replaced. As you approach the front door, you'll notice the Amish treated wood porch swing, which is the perfect place to take in a Colorado sunset as it dips behind the mountains. Inside, the wood floors have been brought back to life, and the thoughtfully chosen paint colors provide a soothing atmosphere to recharge from the day. In the kitchen, new tile floors and countertops contrast beautifully with the stained cabinets, stainless steel GE appliances, and the Delta faucet. The upstairs bathroom has been completely renovated with new tile floors, striking stone tile surround, and new tub, vanity, and Kohler toilet. Hunter fans, and the Nest Smart Thermostat help keep the home cool and comfortable, and the Ring doorbell paired with the ADT security system keep the home safe. Downstairs, a second kitchen and R2 zoning make this a potential duplex with huge investment upside, or an incredibly convenient option for in-laws, older children, roommates who you can't trust with your leftovers, or a significant other who needs a timeout for a few nights. And out back, past the built in firepit, the way oversized garage has a newer Clopay door, and easily fits two cars plus motorcycles, bikes, kayaks, toys, and tools. Plus, there's room next to the garage for an RV or 5th wheel. Please don't kick yourself for missing out on this gem in what's possibly the most undervalued neighborhood in Colorado Springs.
Last Agent to Sell the Property
Manchester Properties, LLC License #100030556 Listed on: 07/06/2020
Last Buyer's Agent
PPAR Agent Non-REcolorado
NON MLS PARTICIPANT
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,258
Year Built
- Built in 1952 | Remodeled
Lot Details
- 9,500 Sq Ft Lot
- Property is zoned R2
Parking
- 2 Car Garage
- Oversized Parking
Property Views
- City
- Mountain
Home Design
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- 2 Bedrooms in Basement
Outdoor Features
- Covered patio or porch
- Fire Pit
Schools
- Columbia Elementary School
- North Middle School
- Palmer High School
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Cheyenne Add Colorado Spgs Subdivision
Listing and Financial Details
- Exclusions: Washer and Dryer, and Seller's Personal Property
- Assessor Parcel Number 64202-06-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2020
Closed on
Sep 10, 2020
Sold by
Bennett Kelly M
Bought by
Tiplitz Jason G
Seller's Agent
Patrick Manchester
Manchester Properties, LLC
Buyer's Agent
PPAR Agent Non-REcolorado
NON MLS PARTICIPANT
List Price
$409,900
Sold Price
$380,000
Premium/Discount to List
-$29,900
-7.29%
Total Days on Market
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,344
Avg. Annual Appreciation
4.10%
Original Mortgage
$361,000
Outstanding Balance
$323,979
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$135,350
Purchase Details
Closed on
Sep 27, 2017
Sold by
Palmar Linda L
Bought by
Bennett Kelly M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,515
Interest Rate
3.89%
Mortgage Type
VA
Purchase Details
Closed on
Jan 13, 2017
Sold by
Mann Dustin L and Christensen James L
Bought by
Palmer Linda L
Purchase Details
Closed on
Nov 7, 2014
Sold by
Palmer Linda L
Bought by
Mann Dustin L and Christensen James L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,873
Interest Rate
9.9%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 26, 2007
Sold by
Weber Paul A
Bought by
Palmer 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
$127,500
Interest Rate
7.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 8, 2006
Sold by
Montgomery Thelma O
Bought by
Weber Paul A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.72%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tiplitz Jason G | $380,000 | Unified Title Co | |
| Bennett Kelly M | $210,000 | Land Title Guarantee Co | |
| Palmer Linda L | -- | None Available | |
| Mann Dustin L | $180,449 | Capital Title | |
| Palmer Linda L | $170,000 | Title America | |
| Weber Paul A | $135,000 | Title America |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tiplitz Jason G | $361,000 | |
| Previous Owner | Bennett Kelly M | $304,735 | |
| Previous Owner | Bennett Kelly M | $214,515 | |
| Previous Owner | Mann Dustin L | $167,873 | |
| Previous Owner | Mann Dustin L | $167,949 | |
| Previous Owner | Palmer Linda L | $20,600 | |
| Previous Owner | Palmer Linda | $26,250 | |
| Previous Owner | Palmer Linda L | $127,500 | |
| Previous Owner | Weber Paul A | $136,000 | |
| Previous Owner | Weber Paul A | $101,250 | |
| Previous Owner | Montgomery Thelma O | $74,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2020 09/10/20 | Sold | $380,000 | -2.5% | $178 / Sq Ft |
| 08/04/2020 08/04/20 | Pending | -- | -- | -- |
| 08/01/2020 08/01/20 | Price Changed | $389,900 | -2.5% | $182 / Sq Ft |
| 07/13/2020 07/13/20 | Price Changed | $399,900 | -2.4% | $187 / Sq Ft |
| 07/05/2020 07/05/20 | For Sale | $409,900 | -- | $192 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $1,328 | $30,370 | $3,510 | $26,860 |
| 2022 | $1,285 | $22,960 | $3,250 | $19,710 |
| 2021 | $1,394 | $23,630 | $3,350 | $20,280 |
| 2020 | $1,264 | $18,630 | $2,570 | $16,060 |
| 2019 | $1,258 | $18,630 | $2,570 | $16,060 |
| 2018 | $1,013 | $13,810 | $1,940 | $11,870 |
| 2017 | $960 | $13,810 | $1,940 | $11,870 |
| 2016 | $782 | $13,490 | $1,790 | $11,700 |
| 2015 | $779 | $13,490 | $1,790 | $11,700 |
| 2014 | $752 | $12,490 | $1,670 | $10,820 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Manchester
Seller's Agent in 2020
Patrick Manchester
Manchester Properties, LLC
(719) 338-3203
3 in this area
64 Total Sales
-
P
Buyer's Agent in 2020
PPAR Agent Non-REcolorado
NON MLS PARTICIPANT
Map
Source: REcolorado®
MLS Number: 3528192
APN: 64202-06-005
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