Check Availability
$495,000 - $603,000
House - In Contract

1421 W Platte Avenue

Colorado Springs, CO 80904
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1876 Sqft
Sold Aug 29, 2023
$179,800
$300,000 by Back 9 Holdings Llc
Mortgage Due Jan 08, 2054
Sold Oct 01, 1983
Transfer

About This Property

This meticulously remodeled home offers the perfect opportunity for savvy investors or those looking to optimize their living space through house hacking. Step inside to discover brand new everything! From appliances to windows, flooring, bathrooms, cabinets, and countertops - no detail has been spared. This property is designed for dual-purpose living. The upper level provides an ideal living space with a spacious living room, large kitchen, two bedrooms, full bath and a large heated sunroom. The lower level, with its separate entrance, features a living room, kitchen 3/4 bath and two bedrooms. Live comfortably upstairs while enjoying the added benefit of rental income from the lower level. Convenience is key with the option to live independently on each level, providing privacy for both residents. Whether you're an investor seeking a property with strong rental potential, a homeowner looking to offset your mortgage, or you prefer two independent living spaces this is an opportunity not to be missed. The home has off street parking at the front of the home as well as additional off street parking at the back of the home. Walking distance to all the restaurants and shops in Old Colorado City and near tons of hiking and biking!

The manager has listed the unit size as 1876 square feet.
Unit Size
1,876Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$293
Property Type
House
Property Taxes
$49
HOA Dues
-
Year Built
1952
Listed By

Price History

Date / Event Date Event Price
Mar 9, 2024 In contract -
In contract
Mar 7, 2024 Listed $549,000
Listed
Aug 29, 2023 Sold $179,800
Sold

Property Highlights

With View
Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Wood

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 816
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,527
  • Total Building Area: 1,632
  • Gross Building Area: 1,870
  • Building Area: 1,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,025
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ADD 1 WEST
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 5 BLK 66 ADD 1 WEST COLO SPGS COLO SPGS

Ownership

  • Current Owner : GOOD HOME RENOVATIONS LLC
  • Previous Owner : SANCHEZ ALEX F
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Dec 14, 2067
  • Parcel: 74123-11-040
  • Block: 66
  • Lot: 5
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8418
  • Longitude: -104.845

    Address

  • Full Address: 1421 W Platte Ave
  • Address - House Number: 1421
  • Street Direction: W
  • Address - Street Name: Platte
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C002
  • 4-Digit Zip Code: 3953
  • Zip Code: 80904

Valuation

    Tax

  • Total Area: 1,632
  • Tax Year: 2022
  • Tax Amount: $589
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 87
  • Final Value: 374,531
  • High Value: 417,943
  • Low Value: 331,119

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: BACK 9 HOLDINGS LLC
  • First Open Lien Mortgage Recording Date: Jan 08, 2024
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Jan 08, 2054

    Market Valuation

  • Market Total Value: $251,339
  • Market Land Value: $51,300
  • Market Improvement Value: $200,039

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,470
  • Assessed Land Value: $3,570
  • Assessed Improvements Value: $13,900

    Sales

  • Current Sale Contract Date: Aug 29, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Transaction ID: 11911789060
  • Current Sale Price: $179,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 73555
  • Previous Sale Recording Date: Oct 01, 1983
  • Previous Sale Contract Date: Oct 01, 1983
  • Previous Sale Document Type: Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,982 ft²
$265/ft²
$525,000 Feb 8, 2024
-
$96/mo
Townhouse
4 Beds
4 Baths
1,868 ft²
$346/ft²
$647,000 Oct 27, 2023
-
$134/mo
House
3 Beds
2 Baths
2,812 ft²
$171/ft²
$480,000 Feb 28, 2024
-
$109/mo

About Old Colorado City


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Frequently Asked Questions

When was property at 1421 West Platte Avenue built and last sold?
The property at 1421 West Platte Avenue was built in 1952 and last sold on Aug 29, 2023 for $179,800.
How much is this home worth?
The estimated value of the home located at 1421 West Platte Avenue is $552,017.
What are some comparable homes to 1421 West Platte Avenue?
Homes that are comparable to 1421 West Platte Avenue include a house property at 714 Skyline Avenue, a townhouse property at 409 North Chestnut Street, a house property at 910 West Colorado Avenue.

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