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Off market
  • $581,500

    1625 Lorraine St, Colorado Springs, CO 80905

    4beds
    4,554sqft
    SingleFamily
    Built in 1904
    0.41 Acres Lot
    $581,500 Zestimate®
    $128/sqft
    $3,094 Estimated rent

    Home value

    $581,500

    $494,000 - $686,000

    $3,094/mo

    Zestimate® history
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    Owner options

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    $3,094/mo

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    Rent Zestimate®

    Refinance and save

    $3,307/mo

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    $3,307/mo

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    What's special

    The opportunities for this property are unlimited. Zoned R5 a 3rd unit could be added to the basement and the rear of the home has ample space for a detached garage or another income property. This space can also be subdivided and sold. This historic home home has 4 bedrooms, 3 bathrooms on 17,840 sq. ft zoned for R5. The 2 bedroom, 1 bath upstairs apartment has a separate entrance with lock-off to the rest of the house. This unique home was built in 1904 in Old Colorado City and was moved to this location in the 1950's with many original touches and amazing potential to update to maximize your investment. Tenants are on a month to month lease and occupy the entire home. The current rent is well below market value without improvements made to the home.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,554 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.41 Acres
    Details
    • Parcel number: 7425105022

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1904

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $128/sqft
    • Tax assessed value: $577,971
    • Annual tax amount: $2,309

    Price history

    DateEventPrice
    10/3/2017Sold$300,000-7.7%$66/sqft
    Source: Public Record Report a problem
    8/17/2017Listed for sale$325,000+284.4%$71/sqft
    Source: RE/MAX Properties Inc #3305255 Report a problem
    12/24/1996Sold$84,543$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,309 +35.8%$38,720
    2023$1,700 -7.4%$38,720 +55.2%
    2022$1,835 $24,950 -4.9%
    2021-- $26,230 +25.9%
    2020$1,496 +1.2%$20,840
    2019$1,479 +10.1%$20,840 +11.7%
    2018$1,343 -0.4%$18,650
    2017$1,348 +0.4%$18,650 +4%
    2016$1,343 +6.8%$17,930
    2015$1,257 +6.1%$17,930 +6%
    2014$1,185 $16,920
    2013-- --
    2012-- $16,920
    2011$1,062 $16,920 -4%
    2010-- $17,620
    2009-- $17,620 +2%
    2008-- $17,270
    2006-- $17,270 +21.4%
    2004-- $14,220
    2003$785 +2.9%$14,220 +15.2%
    2002$762 +14.8%$12,340 +26.2%
    2001$664 $9,780
    Find assessor info on the county website

    Neighborhood: Ivywild

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $581,500
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    Estimated market value
    $581,500