Colordo Springs Foreclosure pick of the week
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My pick of the week is in Holland Park area on 1090 Kara Ridge Pt.
It includes over 1400 square feet, with 2 bedrooms, 3 baths, 2 car attached garage.
If you are looking for a Colorado Springs townhome at a reasonable price in the desirable west side located close to Garden of the Gods, then this is the property for you.
The downside
Even though the property was built in 2004, the property has been lived in fairly hard. There are some dings in the wall, paint chiped on some of the bull nose corners, some broken tiles in the main entryway; all easy cosmetic things to fix.
The one downside I saw about the property, the master bath only has a shower, vs. a shower and bath. The carpet going to the garage is stained, but it may be able to be cleaned up. Also it’s a typical bank-owned property with no appliances, but it has been cleaned up.
The other thing I didn’t like about the property was it’s location in the complex. It’s a middle unit and there are another 8 units located just a sidewalk away; because of it’s location it felt dark and crowded.
The upsides
The upsides, large attached two car garage, laundry on the same level as the bedrooms, nice functional kitchen with a seperate dining space, new built.
They have a unique floor plan, as there is one set of steps that go down to the garage; and a seperate set of steps at the entrance that go up to the main level which includes the kitchen, living room, dining room and a 1/2 bath.
HOA’s are very reasonable at $105.00.
The Facts
The description in the MLS is GATED COMMUNITY* CLOSE TO SHOPPING* OPEN MAIN LEVEL WITH FIREPLACE* LARGE MASTER WITH LARGE BATH AND WALK-IN CLOSET* UPPER LEVEL LAUNDRY* BASEMENT IS GARAGE* NEEDS SOME TLC* GREAT COMPLEX & LOCATION. .
The El Paso County Assessor’s office has it valued at $ 191,558.
At the current list price of $ $149,900 it’s priced at market value, but of course it would be nice to get it even cheaper. There are no other bank-owned properties in complex , but there is 1 other one for sale at $159,000 and it’s an end unit, which is even more desirable. Comparable properties have sold from $145,000 to $166,000.
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