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411 Olive Street

411 Olive Street, Colorado Springs, CO 80904
1 Units For Sale
Unit for sale at 411 Olive Street, Colorado Springs, CO 80904

$600,000

  • Studio
411 Olive Street, Colorado Springs, CO 80904 Listing by Edward Behr CRS GRI

Local assessors in Colorado Springs, CO have categorized 411 Olive Street as a unknown type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 5,300 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 411 Olive Street has a total of 1,521 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 585 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a unknown for those who need a place to park their vehicle. The garage on the property is 351 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with unknown control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - unknown. The building has a unknown style roof that was made of unknown. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of unknown. The home's unknown is the primary heating source. 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, 411 Olive Street sold most recently in Apr 28, 2023 for a total of $600,000. If you work out the math, that's approximately a cost of $320.51 per sqft. Before that, the property was also sold for $200,000 in Oct 26, 2022. 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 $1,033 in taxes each year. The initial year of tax delinquency occurred in 2022. 411 Olive Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $18,460. 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 $14,890. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220821
08/21/2022
3 Bed
2 Bath
1521 ft²
$350,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1521 ft²
$200,000 -42.86%
10/27/2022
-
Linda M Moneymaker
Keller Williams Clients Choice

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 585
  • Garage Square Area: 351
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,300
  • Total Building Area: 1,872
  • Gross Building Area: 1,972
  • Building Area: 1,521
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,521
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: ADD 2 WEST
  • Land Acres: 0.122
  • Legal Description 1: LOTS 1, 2, W2 OF VAC ALLEY ADJ BLK 20 ADD 2 WEST COLO SPGS

Ownership

  • Current Owner : BURT AUSTIN
  • Current Owner 2: BURT BROOKE
  • Previous Owner : K-KASH INVESTMENTSLLC
  • Owner Before Previous Owner: RICHNER RONALD G
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

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: 74122-15-009
  • Block: 20
  • Lot: 1,2
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8469
  • Longitude: -104.848

    Address

  • Full Address: 411 Olive St
  • Address - House Number: 411
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C026
  • 4-Digit Zip Code: 3558
  • Zip Code: 80904

Valuation

    Tax

  • Total Area: 1,521
  • Tax Year: 2022
  • Tax Amount: $1,033
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.117
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 87
  • Final Value: 404,928
  • High Value: 452,333
  • Low Value: 357,524

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 28, 2023
  • First Open Lien Mortgage Loan Amount: $570,000
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $265,612
  • Market Land Value: $51,300
  • Market Improvement Value: $214,312

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,460
  • Assessed Land Value: $3,570
  • Assessed Improvements Value: $14,890

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Transaction ID: 11905992749
  • Current Sale Price: $600,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 34833
  • Previous Sale Recording Date: Oct 27, 2022
  • Previous Sale Contract Date: Oct 26, 2022
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 28, 2023
  • First Mortgage Loan Amount: $570,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: May 01, 2053

About Old Colorado City



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Frequently Asked Questions

What neighborhood is 411 Olive Street located in?
The 411 Olive Street is a located in the neighborhood of Old Colorado City in Old Colorado City, Colorado Springs.
How many listings are currently for sale in 411 Olive Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 411 Olive Street?
The average sales price for units in 411 Olive Street is $250,000 , or $164/sqft. currently.

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