See Home Value
$163,229*
Land - Off Market

550 W Willamette Avenue

Colorado Springs, CO 80905
bedrooms
Studio
bathrooms
0 Bath
$99,000 - $121,000
Reference Base Price*
48.39%
Since May 1, 2019
National-US
Primary Model
Sold Apr 18, 2019
$55,000

About This Property

Rare opportunity to build in the heart of Old Colorado City with a view of the City.  Property zoned R-2!  Build a single family or 2 single family/duplex/townhome.  Large lot would provide plenty of room to build plus yard, garage, and even RV parking if you choose.  Utility lines on the east property boundary (towards Cooper) can be buried if desired.  Old Carriage House needs demolition and has already been considered in the pricing. Property has a W Willamette address but alleyway has not had regular maintenance.  Regional Building department prefers address be changed to N. Chestnut and main access be from N. Chestnut to ensure appropriate access by emergency response personnel.  Tons of potential!
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,050
HOA Dues
-
Year Built
1892

Price History

Date / Event Date Event Price
Apr 22, 2019 No longer available -
No longer available
Jan 15, 2019 Listed $110,000
Listed

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1892
  • Effective Year Built: 1892
  • 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: 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 Type: Partial basement
  • Basement Area: 405
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 13,812
  • Total Building Area: 1,046
  • Gross Building Area: 1,258
  • Building Area: 875
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 875
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLMSTED HILL SUB CO
  • Land Acres: 0.317
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOTS 1,2 & 3, EX WLY 20.00 FT DESC BY BK 3411-974 OLMSTED HILL SUB COLO SPGS

Ownership

  • Current Owner : TRUJILLO JOE A
  • Current Owner 2: TRUJILLO ROSLYN M
  • Previous Owner : FEARN ROBERT W
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 001500

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Dec 14, 2067
  • Parcel: 74124-09-093
  • Lot: 1,2,3
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8429
  • Longitude: -104.836

    Address

  • Full Address: 550 W Willamette Ave
  • Address - House Number: 550
  • Street Direction: W
  • Address - Street Name: Willamette
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C015
  • 4-Digit Zip Code: 1153
  • Zip Code: 80905

Valuation

    Tax

  • Total Area: 1,046
  • Tax Year: 2022
  • Tax Amount: $1,180
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 77
  • Final Value: 224,202
  • High Value: 264,023
  • Low Value: 184,382

    Market Valuation

  • Market Total Value: $303,348
  • Market Land Value: $114,000
  • Market Improvement Value: $189,348

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,080
  • Assessed Land Value: $7,920
  • Assessed Improvements Value: $13,160

    Sales

  • Current Sale Contract Date: Apr 17, 2019
  • Current Sale Recording Date: Apr 18, 2019
  • Current Sale Transaction ID: 11599994993
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219040229



Comparables

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

About Old Colorado City


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Frequently Asked Questions

When was property at 550 West Willamette Avenue built and last sold?
The property at 550 West Willamette Avenue was built in 1892 and last sold on Apr 17, 2019 for $55,000.
How much is this home worth?
The estimated value of the home located at 550 West Willamette Avenue is $111,100.
What are some comparable homes to 550 West Willamette Avenue?
There are currently no comparable homes to 550 West Willamette Avenue.

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