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Colorado Springs Foreclosure — Pick of the Month for March

 Colorado Springs Foreclosure – Pick of the Month for March

Search for Foreclosures and Short Sales in Colorado Springs

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My Foreclosure pick of the week is Colorado Springs on 2021 Carlton Avenue  close to Constitution and Chelton.  It includes over 2100 areIMG_2429.JPG carlton outside feet, with 3 bedrooms, 3 baths, and a 2 car attached garage.  The property was built in 1960 ;    It is a Raised Ranch plan, and includes a semi-finished basement.

 The Upsides

The upsides….. nice roomy attached two car garage, kitchen has been partially updated and wall has been knocked out to open up the living space.  A very modern master bath has been added with access directly to the hot tub on the deck.   Also, the windows have been changed to vinyl which is always definite plus.

 The Downsides

The downsides …. some of the remodeling hasn’t been finished, light fixtures are missing, appliances are old.  IThe wall was removed in the kitchen, gives the floor plan on open feeln general in needs some TLC; but the location is good and the structure is good.   Looks like they ran out of money part way through the projects.

The Facts

The description in the MLS Says:  “Great room concept with updates throughout * Fully landscaped * Easy maintenance laminate flooring on main level * Master Suite walks out to rear deck ** Master bath with custom walk in tile shower * Updated vinyl windows * Basement Bathroom has been torn out and is ready for your choice of cabinetry/fixtures ** Needs minor TLC and Repairs

The El Paso County Assessor’s office has it valued at $154,000.  At the current list price of $180,000, it’s currently priced just about right.   But since it is currently owned by U.S. Bank Trustee, the offering price may be negotiable. 

There are 4 other bank-owned properties in area, prices ranging from $126,000 to $179,900, and there is 1 short sale in the area.   During the last 6 months, comparable properties have sold from $201,000 to $235,000,

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To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049)   KTorline@msn.com

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