NOT LISTED FOR SALE

Estimated Value: $176,000 - $222,000

2 Beds
2 Baths
1,152 Sq Ft
$899/mo HOA Fee

Last Sold February 14, 2024

Last sale price $175,000 $152 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,039/month

221 Days on Market

Highlights

  • Views of Pikes Peak
  • Sauna
  • Property is near a park
  • Fitness Center
  • RV or Boat Storage in Community
  • Ranch Style House

About This Home

As of February 2024

Welcome to the iconic Satellite hotel. The Satellite hotel offers exterior maintenance and has two event rooms, esthetician, barber, hair salon, counseling center, bar, restaurant, library, optional cleaning services, rv parking, pool and other convenient amenities. This condo has 2 bedroom, 2 bathrooms, the highly desirable garage parking spot and a separate storage unit. Enjoy unsurpassed city and mountain views from this 3rd floor balcony where both large bedrooms, and the living room have walkout sliding glass access. Relax in the expansive living/family room where views of Valley-Hi golf course, the Broadmoor and Cheyenne Mountain views.

Last Listed By

Josh Kimmel

Kimmel Realty Listed on: 06/09/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $619

Year Built

  • Built in 1974

Lot Details

  • 2,465

HOA Fees

  • $899 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Property Views

  • Pikes Peak
  • Golf Course
  • City
  • Mountain

Home Design

  • Condo Hotel
  • Ranch Style House
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1,152 Sq Ft Home
  • Sauna

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Access

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops

Schools

  • Monroe Elementary School
  • Jack Swigert Aerospace Academy Middle School
  • Mitchell High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Kitchen
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Landscaped

Community Details

Overview

  • Association fees include common utilities, covenant enforcement, exterior maintenance, heat, insurance, lawn, maintenance, management, security, sewer, snow removal, trash removal, water
  • On-Site Maintenance

Amenities

  • Shops
  • Community Dining Room
  • Recreation Room
  • Coin Laundry

Recreation

  • RV or Boat Storage in Community
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$619

Year Built

Built in 1974

Lot Details

0

HOA Fees

$899 per month

Parking

2

Listing Details

  • Total Bathrooms: 2
  • Handicap Amenities: Elevator, Wheelchair Access
  • Property Attached Yn: Yes
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1152
  • Fill Sq Ft Total: 1152
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Appliances: 220v in Kitchen, Dishwasher, Disposal, Kitchen Vent Fan, Microwave Oven, Range Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Floor Plan: Ranch
  • Flooring: Carpet, Parquet, Vinyl/Linoleum
  • Finished Sq Ft: 1152

Exterior Features

  • New Construction: Existing Home
  • Foundation Details: Not Applicable
  • Landscaped: All
  • Lot Type: City View, Golf Course View, Level, Mountain View, View of Pikes Peak
  • Lot Location: Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center
  • Roof: Other
  • Exterior Construction: Brick, Stucco
  • Structure: Concrete

Garage/Parking

  • Driveway: Paved
  • GarageAmenitities: Garage Door Opener
  • Garage Spaces: 2
  • Garage Type: Assigned, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Cable, Electricity, Telephone
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee: 899.00
  • Association Fee Frequency: Monthly
  • Community Features: Dining, Fitness Center, Hotel/Resort, Pool, Shops
  • Common Amenities: Exercise Room, Landscape Maintenance, Pool, Recreation Room, RV Storage, Sauna

Fee Information

  • Association Fee Includes: Common Utilities, Covenant Enforcement, Exterior Maintenance, Heat, Insurance, Lawn, Maintenance, Management, Security, Sewer, Snow Removal, Trash Removal, Water, Other

Schools

  • School District: Colorado Springs 11
  • Elementary School: Monroe
  • Middle School: Jack Swigert Aerospace Academy
  • High School: Mitchell
  • Elementary School: Monroe
  • High School: Mitchell
  • Middle Or Junior School: Jack Swigert Aerospace Academy
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.0566
  • Lot Size: 2466.0000

Tax Info

  • Flip Tax Amount: 619.46
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Feb 14, 2024
Sold by
Long Fern
Bought by
Maldonado Guillermo
Seller's Agent
Josh Kimmel
Kimmel Realty
Buyer's Agent
Brandon Guerrero
The Cutting Edge
List Price
$175,000
Sold Price
$175,000
Total Days on Market
221
Views
448
Current Estimated Value
$196,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,235
Avg. Annual Appreciation
11.55%
Original Mortgage
$175,000
Outstanding Balance
$173,088
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
$26,011

Purchase Details

Closed on
May 30, 2023
Sold by
Newman John
Bought by
Long Fern

Purchase Details

Closed on
Apr 7, 2023
Sold by
Newman John
Bought by
Long Fern

Purchase Details

Closed on
Mar 27, 2023
Sold by
Newman John
Bought by
Long Fern

Purchase Details

Closed on
Mar 21, 2023
Sold by
Wilson Elaine Roberta
Bought by
Long Fern and Newman John

Purchase Details

Closed on
Feb 28, 2008
Sold by
Wilson Billy D
Bought by
Wilson Billy D and Wilson Elaine R

Purchase Details

Closed on
Aug 21, 1998
Sold by
Williams Douglas N
Bought by
Wilson Billy D and Wilson Helga M

Purchase Details

Closed on
Sep 6, 1994
Sold by
Lazor Judith B and Mcbride Carole B
Bought by
Williams Archie M and Williams Dorothy M

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maldonado Guillermo $175,000 Stewart Title
Long Fern -- None Listed On Document
Long Fern -- None Listed On Document
Long Fern -- None Listed On Document
Long Fern -- None Listed On Document
Wilson Billy D $100,000 North American Title
Williams Archie M $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Guillermo $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $175,000 0.0% $152 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $175,000 0.0% $152 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
11/29/2023 11/29/23 Price Changed $175,000 -12.5% $152 / Sq Ft
11/08/2023 11/08/23 Price Changed $200,000 -9.1% $174 / Sq Ft
10/03/2023 10/03/23 Price Changed $220,000 -10.2% $191 / Sq Ft
07/28/2023 07/28/23 Price Changed $245,000 -2.0% $213 / Sq Ft
06/09/2023 06/09/23 For Sale $250,000 -- $217 / Sq Ft
Source: Pikes Peak REALTOR® Services

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $531 $15,810 $3,180 $12,630
2023 $531 $15,810 $3,180 $12,630
2022 $619 $11,070 $1,910 $9,160
2021 $673 $11,400 $1,970 $9,430
2020 $609 $8,980 $1,120 $7,860
2019 $606 $8,980 $1,120 $7,860
2018 $448 $6,110 $840 $5,270
2017 $425 $6,110 $840 $5,270
2016 $392 $6,760 $930 $5,830
2014 -- $7,070 $930 $6,140
Source: Public Records

Agents Affiliated with this Home

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Source: Pikes Peak REALTOR® Services

MLS Number: 6321528

Pikes Peak REALTOR® Services

APN: 64221-08-412