See Home Value
$275,000 - $335,000
House - Off Market

1918 S Institute Avenue

Colorado Springs, CO 80905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
894 Sqft
Sold Mar 18, 2015
$110,000
$379,217 by Rocky Mountain Bank & Trust Fl
Mortgage Due Nov 17, 2053
Sold Feb 19, 2004
$111,850
$110,121 by Mortgage Solutions Of Colorado
Mortgage Due Mar 01, 2034

About This Property

Conveniently located on a quiet street close to park, schools and shopping center. One level living with lots of usable yard space in front and back. Outdoor storage shed plus a fully finished "she shed" and a greenhouse. Newer furnace and water heater. Nice sized laundry space off of the kitchen with storage cabinets and shelves. Full bath with tub and ceramic tile. Newer kitchen appliances. Privacy fence in back yard plus a covered patio area perfect for barbecues and entertaining. Two permanent carports offer covered parking. Quick, easy access to downtown and I-25!

The manager has listed the unit size as 894 square feet.
Unit Size
894Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$341
Property Type
House
Property Taxes
$67
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Apr 17, 2024 No longer available -
No longer available
Mar 14, 2024 In contract -
In contract
Mar 8, 2024 Relisted $305,000
Relisted
Mar 1, 2024 In contract -
In contract
Nov 18, 2023 Price Decreased $310,000
↓ $5K (1.6%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 190
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 894
  • Gross Building Area: 1,202
  • Building Area: 894
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 894
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATTON MEADOWS SUB 2
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 27 BLK 11 STRATTON MEADOWS SUB 2

Ownership

  • Current Owner : HANSEN BRIAN CHRISTOPHER
  • Current Owner 2: HANSEN CHRISTINA ANN
  • Previous Owner : SAUDER TRAVIS R
  • Owner Before Previous Owner: CUMMINGS RICHARD
  • Owner Before Previous Owner 2: CUMMINGS BARBARA G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Harrison School District 2
  • School Tax School District: CBF
  • Census Tract: 002901

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64292-05-017
  • Block: 11
  • Lot: 27
  • Municipality: HARRISON 2
  • Latitude: 38.8053
  • Longitude: -104.809

    Address

  • Full Address: 1918 S Institute Ave
  • Address - House Number: 1918
  • Street Direction: S
  • Address - Street Name: Institute
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C061
  • 4-Digit Zip Code: 2814
  • Zip Code: 80905

Valuation

    Tax

  • Total Area: 894
  • Tax Year: 2022
  • Tax Amount: $801
  • Tax Rate Code Area: CBF

    Appraisal Valuation

  • Standard Deviation: 0.0643
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 96
  • Final Value: 308,436
  • High Value: 328,294
  • Low Value: 288,578

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $379,217
  • First Open Lien Mortgage Lender: ROCKY MOUNTAIN BANK & TRUST FL
  • First Open Lien Mortgage Recording Date: Nov 17, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $379,217
  • 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: Nov 17, 2053

    Market Valuation

  • Market Total Value: $213,694
  • Market Land Value: $35,000
  • Market Improvement Value: $178,694

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,850
  • Assessed Land Value: $2,430
  • Assessed Improvements Value: $12,420

    Sales

  • Current Sale Contract Date: Mar 16, 2015
  • Current Sale Recording Date: Mar 18, 2015
  • Current Sale Transaction ID: 1061556084
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 215025189
  • Previous Sale Recording Date: Feb 19, 2004
  • Previous Sale Contract Date: Feb 13, 2004
  • Previous Sale Amount: $111,850
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HEARTLAND BANK
  • First Mortgage Transaction Date: Mar 18, 2015
  • First Mortgage Loan Amount: $112,365
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE SOLUTIONS OF COLORADO
  • Previous Mortgage Transaction Date: Feb 19, 2004
  • Previous Mortgage Loan Amount: $110,121
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2034



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
912 ft²
$344/ft²
$314,000 Mar 7, 2024
-
$75/mo
House
3 Beds
1 Bath
894 ft²
$352/ft²
$315,000 Mar 4, 2024
-
$64/mo
House
3 Beds
1 Bath
1,041 ft²
$346/ft²
$360,000 Feb 23, 2024
-
$68/mo
House
2 Beds
1 Bath
796 ft²
$383/ft²
$304,900 Mar 1, 2024
-
$55/mo
House
4 Beds
2 Baths
1,910 ft²
$188/ft²
$360,000 Mar 4, 2024
-
$74/mo
House
4 Beds
1 Bath
1,560 ft²
$208/ft²
$325,000 Feb 15, 2024
-
$69/mo

About Broadmoor


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Frequently Asked Questions

When was property at 1918 South Institute Avenue built and last sold?
The property at 1918 South Institute Avenue was built in 1953 and last sold on Mar 16, 2015 for $110,000.
How much is this home worth?
The estimated value of the home located at 1918 South Institute Avenue is $303,540.
What are some comparable homes to 1918 South Institute Avenue?
Homes that are comparable to 1918 South Institute Avenue include a house property at 2124 Mt Werner Court, 1216 Florence Avenue, 1137 Norwood Avenue.

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