See Home Value
$663,709*
House - Off Market

3875 Teakwood Place

Colorado Springs, CO 80918
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3324 Sqft
$405,000 - $493,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model
Sold Jun 11, 2021
$535,000
Buyer
Seller
$479,250 by Midwest Mortgage Associates Co
Mortgage Due Jul 01, 2051
Sold Apr 23, 2018
$423,000
$338,400 by United Wholesale Mortgage
Mortgage Due May 01, 2048

About This Property

Don't miss this cozy tri-level in a quiet cul-de-sac in the beautiful, well-maintained neighborhood of Sunset Mesa. Prime location with quick access to Academy, Powers, and I-25. This 4 bedroom, 4 Bathroom home has gorgeous updates and is completely move-in ready. Upon entering, you are greeted with vaulted ceilings, striking custom windows, and an open and inviting living room. The formal dining room leads to a stunning kitchen w/ spacious granite counters, breakfast bar, custom wood cabinets and pantry with pull-out shelves. The sliding glass doors open onto an expansive custom redwood deck (newly built last summer) and pergola overlooking Pike's in the winter and shaded by mature trees in the summer. Upstairs you will find the beautiful Master Suite w/ vaulted ceiling and 5 piece bath, plus 2 additional bedrooms and a full bath. On the lower level, you are greeted by the family room and cozy fireplace, plus a wet bar, laundry room, half bath, and 4th bedroom. The finished basement is the ideal spot for entertaining family and friends with its full bathroom and large additional wet bar and fridge. A one block walk in either direction leads you to the Sunset Mesa open space trail system for picturesque morning walks among the wildflowers and sprawling mountain views. The home also boasts a long list of newly purchased and upgraded perks in the last year such as a new water heater, furnace, landscaping, electrical upgrades, paint, and a completely remodeled studio room.  This home-a rare find at this price point in this neighborhood-is turn-key and ready for new owners! Call today to schedule your private tour.

The manager has listed the unit size as 3324 square feet.
Unit Size
3,324Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$135
Property Type
House
Property Taxes
$1,479
HOA Dues
-
Year Built
1985

Price History

Date / Event Date Event Price
Jun 11, 2021 Sold to Carl Ellis $535,000
Sold to Carl Ellis
May 17, 2019 No longer available -
No longer available
May 4, 2019 Price Decreased $449,900
↓ $10K (2.2%)
Price Decreased
Mar 29, 2019 Price Decreased $460,000
↓ $15K (3.2%)
Price Decreased
Mar 15, 2019 Listed $475,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 832
  • Garage Type: Attached
  • Garage Square Area: 490
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 12,206
  • Total Building Area: 3,814
  • Gross Building Area: 3,848
  • Building Area: 2,492
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,492
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET MESA SUB FILING NO 2
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 36 SUNSET MESA SUB FILING NO 2 COLO SPGS

Ownership

  • Current Owner : ELLIS CARL
  • Previous Owner : WATSON DEBBIE
  • Owner Before Previous Owner: ORTIZ MANUEL R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 004902

Zoning

  • Zoning: R1-6 HS

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63143-02-018
  • Lot: 36
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9124
  • Longitude: -104.754

    Address

  • Full Address: 3875 Teakwood Pl
  • Address - House Number: 3875
  • Address - Street Name: Teakwood
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C018
  • 4-Digit Zip Code: 3031
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 3,324
  • Tax Year: 2022
  • Tax Amount: $1,820
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1093
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 612,502
  • High Value: 679,496
  • Low Value: 545,508

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $479,250
  • First Open Lien Mortgage Lender: MIDWEST MORTGAGE ASSOCIATES CO
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Loan Amount: $479,250
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $467,913
  • Market Land Value: $105,800
  • Market Improvement Value: $362,113

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,520
  • Assessed Land Value: $7,350
  • Assessed Improvements Value: $25,170

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11839566046
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221114230
  • Previous Sale Recording Date: Apr 23, 2018
  • Previous Sale Contract Date: Apr 19, 2018
  • Previous Sale Amount: $423,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST MORTGAGE ASSOCIATES CO
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $479,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Apr 23, 2018
  • Previous Mortgage Loan Amount: $338,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
2,254 ft²
$211/ft²
$475,000 Dec 20, 2022
-
$122/mo
House
5 Beds
4 Baths
2,584 ft²
$177/ft²
$457,000 Oct 20, 2022
-
$122/mo
House
5 Beds
3 Baths
2,134 ft²
$227/ft²
$485,000 Mar 3, 2023
-
-
House
3 Beds
2 Baths
1,824 ft²
$211/ft²
$385,000 Feb 10, 2023
-
$92/mo

About Powers


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Frequently Asked Questions

When was property at 3875 Teakwood Place built and last sold?
The property at 3875 Teakwood Place was built in 1985 and last sold on Jun 9, 2021 for $535,000.
How much is this home worth?
The estimated value of the home located at 3875 Teakwood Place is $467,349.
What are some comparable homes to 3875 Teakwood Place?
There are currently no comparable homes to 3875 Teakwood Place.

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