Estimated Value: $386,000 - $416,000

3 Beds
2 Baths
1,500 Sq Ft
$265/Sq Ft Est. Value

Last Sold October 06, 2022

Current estimated payment $2,311/month

About This Home

As of October 2022

This turn key duplex is centrally located in a quiet residential neighborhood with easy access to I-25 & downtown Colorado Springs.

The building features two 750 square foot 2 bed, 1 bath units that are currently leased. One lease expires February 8th, 2023 and the second lease expires June 30th, 2023. Both units have new windows, new furnaces were installed in 2015 and both side have in unit washer and dryers. Gas and electric are individually metered for the building. The owner has utility reimbursements in place to get to net zero utilities expense. This is a very well maintained building with have low maintenance costs and an attentive owner.

Last Listed By

Lee Wagner

Capstone West, LLC Listed on: 08/31/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1965

Lot Details

  • 6,547

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Available

Additional Features

  • Electric Dryer Hookup
  • 6,547 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,074

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Income
  • Year Built: 1965
  • Special Features: None

Garage/Parking

  • ParkingSpacesNumberOf: 4
  • ListingUnits_1_NumGarage: 0
  • ListingUnits_2_NumGarage: 0

Utilities

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

Schools

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

Lot Info

  • Program Acres Total: 0.1503
  • Lot Size: 6549.0000

Tax Info

  • Flip Tax Amount: 1073.94
  • Tax Year: 2021

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2022
Sold by
1820 Monterey Rd Llc
Bought by
Blaha James and Blaha Michaela
Current Estimated Value
$398,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$155,219
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$230,815

Purchase Details

Closed on
Jan 7, 2021
Sold by
Wrp 903 Llc
Bought by
1820 Monterey Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2015
Sold by
Western Rental Properties Llc
Bought by
Wrp 903 Llc

Purchase Details

Closed on
Nov 21, 2013
Sold by
903 E Second Street Llc
Bought by
Western Rental Properties Llc

Purchase Details

Closed on
Apr 2, 2011
Sold by
Ray & Jewell Wiley Trust
Bought by
903 E Second Street Llc

Purchase Details

Closed on
Sep 30, 2004
Sold by
Wiley Raymond S and Wiley Jewell E
Bought by
Wiley Raymond S and Wiley Jewell E
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
Blaha James $420,000 Land Title
1820 Monterey Rd Llc $295,000 Land Title Guarantee Company
Wrp 903 Llc -- Land Title Guarantee Company
Wrp 903 Llc -- None Available
Western Rental Properties Llc $113,000 Heritage Title
903 E Second Street Llc -- None Available
Wiley Raymond S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blaha James $160,000
Previous Owner 1820 Monterey Rd Llc $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold -- -- --
09/03/2022 09/03/22 Off Market $410,000 -- --
08/31/2022 08/31/22 For Sale $410,000 -- $273 / 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 $1,010 $24,570 $3,940 $20,630
2022 $990 $17,690 $3,290 $14,400
2021 $1,074 $18,200 $3,390 $14,810
2020 $912 $13,440 $2,610 $10,830
2019 $907 $13,440 $2,610 $10,830
2018 $765 $10,430 $1,720 $8,710
2017 $725 $10,430 $1,720 $8,710
2016 $548 $9,450 $1,620 $7,830
2015 $546 $9,450 $1,620 $7,830
2014 $536 $8,910 $1,620 $7,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 3448994

Pikes Peak REALTOR® Services

APN: 63322-18-008