See Home Value
$149,000 - $181,000
House - Off Market

526 Erie Road

Colorado Springs, CO 80910
bedrooms
2 Beds
bathrooms
1 Bath
square feet
666 Sqft
Sold Feb 16, 2024
$225,000
Sold May 27, 2022
$292,000
$292,000 by Navy Federal Credit Union
Mortgage Due Jun 01, 2052

About This Property

Fantastic opportunity awaits with this two-bedroom, one-bathroom residence. While some renovation is required, the outstanding value and prime location make it an excellent investment. Conveniently located with swift access to shopping and major thoroughfares, this home showcases a project that was initiated for a kitchen and living room remodel but unfortunately left unfinished. The envisioned result was a spacious, contemporary layout far more functional than the original design. Positioned on an expansive corner lot, this property also boasts a rare detached oversized one-car garage with 480 sq feet, adding to its appeal. Plenty of room for a car and shop, or toys. When you consider all these features, it becomes challenging not to include this property on your list. Please note that the home is being sold as-is, and water cannot be brought up for inspections.

The manager has listed the unit size as 666 square feet.
Unit Size
666Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$248
Property Type
House
Property Taxes
$64
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Jan 13, 2024 No longer available -
No longer available
Jan 12, 2024 In contract -
In contract
Jan 3, 2024 Listed $165,000
Listed
May 31, 2022 No longer available -
No longer available
May 27, 2022 Sold to Gregory Alan Whittemore $292,000
Sold to Gregory Alan Whittemore
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • 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: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 666
  • Gross Building Area: 813
  • Building Area: 666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 666
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EASTLAKE SUB FIL 1
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 17 BLK 3 EASTLAKE SUB FIL 1

Ownership

  • Current Owner : MCELRAVY BENJAMIN E
  • Current Owner 2: MCELRAVY JORDAN A
  • Previous Owner : SECRETARY OF VETERANS AFFAIRS
  • Owner Before Previous Owner: NICK BURGGRAFF POWELL
  • Ownership Rights Codes: Tenants in Common
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 10, 2024

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 002801

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64212-07-001
  • Block: 3
  • Lot: 17
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8234
  • Longitude: -104.793

    Address

  • Full Address: 526 Erie Rd
  • Address - House Number: 526
  • Address - Street Name: Erie
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C011
  • 4-Digit Zip Code: 3307
  • Zip Code: 80910

Valuation

    Tax

  • Total Area: 666
  • Tax Year: 2022
  • Tax Amount: $766
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 87
  • Final Value: 291,410
  • High Value: 325,188
  • Low Value: 257,633

    Market Valuation

  • Market Total Value: $196,942
  • Market Land Value: $45,000
  • Market Improvement Value: $151,942

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,690
  • Assessed Land Value: $3,130
  • Assessed Improvements Value: $10,560

    Sales

  • Current Sale Contract Date: Feb 06, 2024
  • Current Sale Recording Date: Feb 16, 2024
  • Current Sale Transaction ID: 11921217966
  • Current Sale Price: $225,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 11060
  • Previous Sale Recording Date: May 27, 2022
  • Previous Sale Contract Date: May 27, 2022
  • Previous Sale Amount: $292,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: May 27, 2022
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $292,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southeast Colorado Springs


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 713 E Moreno Avenue, Colorado Springs, CO, 80903

$1,400 /mo

  • 2 Beds
  • 1 Bath
713 E Moreno Avenue, Colorado Springs, CO, 80903 Listing by Manager
Unit for rent at 225 N Arcadia St, Colorado Springs, CO, 80903

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 752 ft²
225 N Arcadia St #225 N Arcadia St, Colorado Springs, CO, 80903 Listing by Manager
Unit for rent at 417 E Kiowa #208, Colorado Springs, CO, 80903

$1,375 /mo

  • Studio
  • 1 Bath
  • 480 ft²
417 E Kiowa #208 #417 E Kiowa #208, Colorado Springs, CO, 80903 Listing by Manager


Frequently Asked Questions

When was property at 526 Erie Road built and last sold?
The property at 526 Erie Road was built in 1953 and last sold on Feb 6, 2024 for $225,000.
How much is this home worth?
The estimated value of the home located at 526 Erie Road is $169,912.
What are some comparable homes to 526 Erie Road?
There are currently no comparable homes to 526 Erie Road.

Quantcast