See Home Value
$300,000
House - Off Market

2525 Royalty Court

Colorado Springs, CO 80904
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1470 Sqft
$296,592
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

LOOKING FOR A FIXER UPPER? This West Side Rancher has TONS OF POTENTIAL. This could be an excellent investor property or for someone who doesn't mind putting in a little work and build sweat equity. There are 4 bedrooms and 2 baths in this home. Excellent location near Garden of the Gods, hiking, biking, etc. Sold "AS-IS", Will need foundation repairs- see the SPD for Engineers report. LOCATION-LOCATION-LOCATION!
Unit Size
1,470Ft²
Days on Market
44 days
Land Size
0.18 acres
Price per sqft
$197
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1971
Last updated: 2 days ago (REcolorado MLS #REC7669411)

Price History

Date / Event Date Event Price
Apr 5, 2023 Sold to Shannon A Sirvaitis $420,000
Sold to Shannon A Sirvaitis
Mar 29, 2023 No longer available -
No longer available
Feb 21, 2023 Listed by RE/MAX Properties Inc $420,000
Listed by RE/MAX Properties Inc
Jul 18, 2022 Sold $300,000
Sold
Jul 16, 2022 No longer available -
No longer available
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 735
  • Garage Square Area: 294
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,820
  • Total Building Area: 1,764
  • Gross Building Area: 1,764
  • Building Area: 1,470
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: INDIAN HEIGHTS SUB NO 5
  • Land Acres: 0.18
  • Legal Description 1: LOT 4 BLK 3 INDIAN HEIGHTS SUB NO 5 COLO SPGS

Ownership

  • Current Owner : SIRVAITIS SHANNON A
  • Previous Owner : JBK GLOBAL LLC
  • Owner Before Previous Owner: GKM FAMILY TRUST
  • Vacant Flag Date: Jul 31, 2023

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 001302

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Feb 14, 2067
  • Parcel: 74024-06-046
  • Block: 3
  • Lot: 4
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8578
  • Longitude: -104.858

    Address

  • Full Address: 2525 Royalty Ct
  • Address - House Number: 2525
  • Address - Street Name: Royalty
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C029
  • 4-Digit Zip Code: 1754
  • Zip Code: 80904

Valuation

    Tax

  • Total Area: 1,470
  • Tax Year: 2022
  • Tax Amount: $872
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1296
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 85
  • Final Value: 395,314
  • High Value: 446,565
  • Low Value: 344,063

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Apr 05, 2023
  • First Open Lien Mortgage Loan Amount: $315,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $224,136
  • Market Land Value: $57,000
  • Market Improvement Value: $167,136

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,580
  • Assessed Land Value: $3,960
  • Assessed Improvements Value: $11,620

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Transaction ID: 11904650430
  • Current Sale Price: $420,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 27769
  • Previous Sale Recording Date: Jul 18, 2022
  • Previous Sale Contract Date: Jul 15, 2022
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Apr 05, 2023
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL FUND I LLC
  • Previous Mortgage Transaction Date: Jul 18, 2022
  • Previous Mortgage Loan Amount: $3,000,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jul 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
2 Beds
2 Baths
1,045 ft²
$286/ft²
$299,000 Oct 12, 2023
$299,000 Nov 15, 2023
$297/mo
Condo
2 Beds
2 Baths
1,186 ft²
$249/ft²
$295,000 Oct 16, 2023
$295,000 Jan 22, 2024
$225/mo
Townhouse
2 Beds
2 Baths
1,269 ft²
$255/ft²
$324,000 Apr 29, 2024
-
$67/mo
Townhouse
2 Beds
2 Baths
1,269 ft²
$263/ft²
$334,000 Apr 29, 2024
-
$67/mo
In Contract
Townhouse
2 Beds
2 Baths
1,045 ft²
$316/ft²
$330,000 Apr 11, 2024
-
$317/mo

About Old Colorado City


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Frequently Asked Questions

When was property at 2525 Royalty Court built and last sold?
The property at 2525 Royalty Court was built in 1971 and last sold on Mar 24, 2023 for $420,000.
How much is this home worth?
The estimated value of the home located at 2525 Royalty Court is $418,251.
What are some comparable homes to 2525 Royalty Court?
There are currently no comparable homes to 2525 Royalty Court.

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