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1122 North Prospect Street

1122 North Prospect Street, Colorado Springs, CO 80903
Multifamily in Patty Jewett
1122 North Prospect Street has been categorized by the local assessors in Colorado Springs, CO as a residential type of property. The building on the property was first built in 1956 and is 68 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1122 North Prospect Street has 1,588 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a covered porch and a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. In terms of heating, it is utilizing a hot water heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1122 North Prospect Street sold most recently in Feb 26, 2019 for a total of $355,000. If you work out the math, that's approximately a cost of $223.55 per sqft. Before that, the property was also sold for $184,000 in May 29, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,209 in taxes each year. 1122 North Prospect Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,600. If we break it down further, the land itself was valued at $4,080. Improvements to the property, however, were assessed at a total of $17,520. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
Wood Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180811
08/11/2018
Studio
-
-
$389,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,200
  • Total Building Area: 1,588
  • Gross Building Area: 1,624
  • Building Area: 1,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,588
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UINTAH ADD
  • Land Acres: 0.119
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 7, TOG WITH ADJ E-W VAC ALLEY BK 1447-31, EX NLY 2.0 FT OF SAID VAC ALLEY LYING ADJ TO SLY POR OF LOT 4 THRU LOT 6 BLK 2 UINTAH ADD COLO SPGS

Ownership

  • Current Owner : DERUBOSKY SARAH
  • Previous Owner : HOOMAN JALLEH
  • Owner Before Previous Owner: WALL PAUL M
  • Owner Before Previous Owner 2: WALL DORIS D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 001700

Zoning

  • Zoning: SU

Geography

  • Assessors Map Reference: Aug 14, 2066
  • Parcel: 64082-15-015
  • Block: 7
  • Lot: 7
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8497
  • Longitude: -104.81

    Address

  • Full Address: 1122 N Prospect St
  • Address - House Number: 1122
  • Street Direction: N
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C012
  • 4-Digit Zip Code: 2643
  • Zip Code: 80903

Valuation

    Tax

  • Total Area: 1,588
  • Tax Year: 2022
  • Tax Amount: $1,209
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 78
  • Final Value: 547,797
  • High Value: 640,385
  • Low Value: 455,209

    Market Valuation

  • Market Total Value: $317,598
  • Market Land Value: $60,000
  • Market Improvement Value: $257,598

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,600
  • Assessed Land Value: $4,080
  • Assessed Improvements Value: $17,520

    Sales

  • Current Sale Contract Date: Feb 26, 2019
  • Current Sale Recording Date: Feb 27, 2019
  • Current Sale Transaction ID: 11573995343
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219020291
  • Previous Sale Recording Date: Jun 02, 2009
  • Previous Sale Contract Date: May 29, 2009
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Feb 27, 2019
  • First Mortgage Loan Amount: $284,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 02, 2009
  • Previous Mortgage Loan Amount: $180,667
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2039

About East Colorado Springs



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Frequently Asked Questions

What neighborhood is 1122 North Prospect Street located in?
The 1122 North Prospect Street is a multifamily located in the neighborhood of Patty Jewett in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1122 North Prospect Street?
The average sales price for units in 1122 North Prospect Street is $0 currently.

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