2 months on rocket

423 N El Paso St, Colorado Springs, CO, 80903

$400,000

Home List Price

$4,750*

Closing Credit

3 Bedrooms
3 Baths
House
Schools Nearby

Location

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423 N El Paso St, Colorado Springs$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1904
HeatingElectric
CoolingNone
FireplaceNone
MLS #9573744
Lot Size0.13 Acres
StatusActive

About 423 N El Paso St

-HOUSE AND COTTAGE FIXER UPPER IN IDEAL LOCATION RIGHT ACCROSS FROM SHOOKS RUN PARK. HOUSE HAS 2 BEDROOMS, 2 BATHROOMS AND COTTAGE HAS 1 BEDROOM AND ONE BATH. THERE IS CURRENTLY NO GARAGE ON EITHER UNIT, BUT ROOM FOR A DETACHED GARAGE OR CARPORT ON EITHER. THE HOUSE IS ROUGHLY 984 SQ. FT BUT ROOM TO EXPAND IN THE NON FINISHED UPPER AREA THAT IS JUST OVER 760 SQ. FT. THE COTTAGE IS JUST OVER 400 SQ. FT. AND HAS PRIVACY WITH NO THRU TRAFFIC IN ALLEY. PROPERTY COULD EASILY BE LANDSCAPED AND HAS A POND/WATER FEATURE IN FRONT(NON WORKING AND JUST NEEDS PUMP). BOTH PROPERTIES WOULD RENT QUICKLY WITH A GREAT POTENTIAL CAP RATE. THIS PROPERTY IS IDEAL FOR A FIX AND FLIPPER AND/OR CONTRACTOR WHO IS HANDY AND CAN SEE THE GREAT POTENTIAL IN THIS DIAMOND IN THE ROUGH.---NOTE---PROPERTY HAS BEEN OFF THE MARKET TO ALLOW CONTRACTORS TO FINISH WORK. WORK INCLUDED A NEW ROOF AND GUTTERS ON HOME AND COTTAGE, ALL NEW PEX PLUMBING, NEW UPGRADED ELECTRICAL AND A NEW FOUNDATION COMING ON MAY 15.

Property Details

Property Features

Property Information:

  • Year Built: 1904

Listing Office:

  • Office Name: Demos Real Estate and Investments
  • Office Phone: (719) 338-8110
  • Listing Agent: Brent Demos

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Range, Refrigerator
  • Basement: No
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: None

School Info

Assigned Schools Information:

  • Palmer High School, Public District Grades 9-12
  • North Middle School, Public District Grades 6-8
  • Columbia Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000

Tax Information:

  • Annual Amount: $1,174
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Colorado Springs, CO.

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Colorado Springs, CO

City

Med. Sold Price

$475K

Med. Price/SqFt

$232

Avg. Days On Market

30

# of Sold Homes

179

423 N El Paso St vs Colorado Springs

82 DAYS ON ROCKET

+52 Days

$400,000

-$75K Less

KEY TAKEAWAY

This property is $75K less than the Median Sold Price in Colorado Springs, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #9573744

Listing Office:

  • Office Name: Demos Real Estate and Investments
  • Office Phone: (719) 338-8110
  • Listing Agent: Brent Demos

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 12:55:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,174$17,300
2019$1,114$17,300
2018$1,056$15,190
2017$820$15,190

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4179322
3
/10

  • Columbia Elementary School

  • 835 E Saint Vrain St

  • 0.20 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4179323
5
/10

  • North Middle School

  • 612 E Yampa St

  • 0.57 miles

  • Public District Grades 6-8

High School

school-card-donut-4179324
4
/10

  • Palmer High School

  • 301 N Nevada Ave

  • 0.44 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,586. Typical income of Colorado Springs, CO residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 423 N El Paso St

What is the listing price of this property?

The listing price of 423 N El Paso St property is $400,000.

What type of property is this?

The property 423 N El Paso St is a house located in Colorado Springs, Colorado, 80903.

Is this property for sale now?

Active Listing: 423 N El Paso St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 423 N El Paso St are:
Columbia Elementary School: GreatSchools Rating 3/10
North Middle School: GreatSchools Rating 5/10
Palmer High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,174 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 423 N El Paso St has 3 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 423 N El Paso St is 1904.

Rocket Homes›Colorado›El Paso County›Colorado Springs›80903›423 N El Paso St

This home is located at 423 N El Paso St in Colorado Springs, CO and zip code 80903 in the Central Colorado Springs neighborhood. This home, which was built in 1904, sits on a 0.13 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $400,000.

While more than 59 listings in Colorado Springs, CO in April 2024 were sold above asking price, there were more than 51 listings sold at asking price, and more than 69 were sold below. The number of homes for sale in Colorado Springs, CO increased by 78.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 30 days, the median list price was $475,000.

From Rocket Homes Real Estate and based on county public records data.

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