10 months on rocket

175 E Spruce St, Elizabeth, CO, 80107

$2,200,000

Home List Price

$10,000*

Closing Credit

24 Bedrooms
12 Baths
Multi

Location

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175 E Spruce St, Elizabeth$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1997
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s)
BasementYes
FireplaceNone
MLS #8896904
Lot Size0.52 Acres
StatusActive

About 175 E Spruce St

12 unit apartment in the village of Elizabeth Colorado. First time on the market. 45 minutes to the Denver metro area. Currently 100% leased. Original owner and builder. 12 two bedroom, 1 bath single level apartments. All are ranch style units. Each apartment has it own elec. and gas meter, building owner pays water, sewer, taxes, trash and insurance. Each unit has a fire sprinkler system. Cable is available no satellite dishes. Stove/range/oven, refrigerator, washer and dryer in all units. 2 story building with parking on each level. This property is only a half block from the park, and 1 block from a second park. 10 water heaters replaced in 2023 and one in 2024, and the other water heater in the last 3 years. 8 new GFA furnaces installed in 2024 and the other 4 in the last 3 years

Property Details

Property Features

Property Information:

  • Year Built: 1997

Listing Office:

  • Office Name: RE/MAX Alliance Parker
  • Office Phone: (303) 841-0922
  • Listing Agent: William Dixon

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 24

Lot Features

Lot Information:

  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000

Tax Information:

  • Annual Amount: $6,244
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elizabeth, CO.

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Elizabeth, CO

City

Med. Sold Price

$619.5K

Med. Price/SqFt

$280

Avg. Days On Market

37

# of Sold Homes

34

175 E Spruce St vs Elizabeth

315 DAYS ON ROCKET

+278 Days

$2,200,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Elizabeth, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #8896904

Listing Office:

  • Office Name: RE/MAX Alliance Parker
  • Office Phone: (303) 841-0922
  • Listing Agent: William Dixon

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. 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: 11/23/2024, 7:20:53 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$6,244$61,950
2019$6,279$61,950
2018$6,216$61,570
2017$6,823$61,570

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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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.

Nearby Schools

school-card-donut-844823
6
/10

  • Running Creek elementary School

  • 900 South Elbert Street

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-844824
3
/10

  • Kiowa Elementary School

  • 525 Comanche St

  • 7.43 miles

  • Public District Grades PK-5

school-card-donut-844825
7
/10

  • Singing Hills Elementary School

  • 41012 Madrid Dr

  • 7.83 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,911. Most Elizabeth, CO residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Colorado›Elbert County›Elizabeth›80107›175 E Spruce St

This home is located at 175 E Spruce St in Elizabeth, CO and zip code 80107. This home, which was built in 1997, sits on a 0.52 acre lot. Features: 24 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $2,200,000.

In October 2024 more than 4 listings in Elizabeth, CO were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in Elizabeth, CO decreased by 2.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 37 days, the median list price was $619,500.

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

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