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Archive for September 1st, 2009
Interesting foreclosed home in Holland Park
Colorado Springs Foreclosed Properties
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I saw an interested foreclosed home yesterday in West Colorado Springs in Holland Park. The property definitely has possibilities, even though it needs lots of TLC and updates. Here’s the main facts, it was built in 1978 and is currently listed at $184,900; 4 bedrooms, 2 baths, 2 car garage. The property was foreclosed on in May 2009 and the El Paso County Assessor has it valued at $232,000. It last sold in 2005 at $217,500 The property has some nice curb appeal from the outside, stucco, circular drive; in my opinion it looks nicer on the outside vs. the inside. It’s in a nice established west side neighborhood.
The bank (who is the current owner) has put in new carpet and new paint; but there is still plenty that needs to be done. In the master bedroom, one of the closets had been converted to an additional bathroom, even though there is a small bath right around the corner. The bathroom conversion (addition) was not done very well, and probably should be torn out and it should be made back to a closet. Or better yet, do a major change and take the 2 bathrooms and combine them to 1 nice spacious master bath. OR, the bathroom in the closet could be redone; as then it would be very usable for handicap access.
Kitchen was also pretty outdated; as it Read the rest of this entry »
