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1412 West Pikes Peak Avenue

1412 West Pikes Peak Avenue, Colorado Springs, CO 80904
Sold Aug 02, 2022
$570,000
$513,000 by Celebrity Home Loans Llc
Mortgage Due Aug 01, 2052
Sold Jun 03, 2020
$435,000
$391,500 by Ent Cu
Mortgage Due Jul 01, 2050
1412 West Pikes Peak Avenue 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 1899 and is 125 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1412 West Pikes Peak Avenue has 1,198 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 7,500 square feet.

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 864 sqft. According to our sources, there are a total of 3 available parking spaces. 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 wood siding. While the interior walls have been made of plaster. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a gravity 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, 1412 West Pikes Peak Avenue sold most recently in Jul 22, 2022 for a total of $570,000. If you work out the math, that's approximately a cost of $241.22 per sqft. Before that, the property was also sold for $435,000 in Jun 2, 2020. 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 $1,288 in taxes each year. 1412 West Pikes Peak Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,010. If we break it down further, the land itself was valued at $3,570. Improvements to the property, however, were assessed at a total of $19,440. 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

Condition

New Construction

Exterior

Masonite Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1899
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 593
  • Garage Type: Detached
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 2,363
  • Gross Building Area: 2,491
  • Building Area: 1,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gravity
  • Heated Square Feet: 1,198
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ADD 1 WEST
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 11 BLK 63 ADD 1 WEST COLO SPGS COLO SPGS

Ownership

  • Current Owner : SALHUS RICHARD E
  • Current Owner 2: SALHUS DEBORA S
  • Previous Owner : JENNIFER MCBRIDE
  • Owner Before Previous Owner: BALLARD KEVIN B
  • Owner Before Previous Owner 2: BALLARD KELLY F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 001400

Zoning

  • Zoning: R2 CU

Geography

  • Assessors Map Reference: Dec 14, 2067
  • Parcel: 74123-30-018
  • Block: 63
  • Lot: 11
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8394
  • Longitude: -104.846

    Address

  • Full Address: 1412 W Pikes Peak Ave
  • Address - House Number: 1412
  • Street Direction: W
  • Address - Street Name: Pikes Peak
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C001
  • 4-Digit Zip Code: 4047
  • Zip Code: 80904

Valuation

    Tax

  • Total Area: 2,363
  • Tax Year: 2022
  • Tax Amount: $1,288
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 75
  • Final Value: 486,099
  • High Value: 575,596
  • Low Value: 396,603

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $513,000
  • First Open Lien Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Aug 02, 2022
  • First Open Lien Mortgage Loan Amount: $513,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $331,065
  • Market Land Value: $51,300
  • Market Improvement Value: $279,765

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,010
  • Assessed Land Value: $3,570
  • Assessed Improvements Value: $19,440

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11893666375
  • Current Sale Price: $570,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 103032
  • Previous Sale Recording Date: Jun 03, 2020
  • Previous Sale Contract Date: Jun 02, 2020
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $513,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ENT CU
  • Previous Mortgage Transaction Date: Jun 03, 2020
  • Previous Mortgage Loan Amount: $391,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Old Colorado City



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Frequently Asked Questions

What neighborhood is 1412 West Pikes Peak Avenue located in?
The 1412 West Pikes Peak Avenue is a located in the neighborhood of Old Colorado City in Old Colorado City, Colorado Springs.
What is the average sales price for listings in 1412 West Pikes Peak Avenue?
The average sales price for units in 1412 West Pikes Peak Avenue is $0 currently.

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