2010 Erin Loop, Colorado Springs, CO 80918

1 bed1.5 baths762 sqft Edit

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Sold: $68,813
Sold on 09/18/12
Zestimate®: $91,629
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Efficient floorplan*Greater starter home*Investors take note**Hud-owned homes are sold as-is, and usually need TLC, but are good opportunities for owner/occupants as well as investors.**Contact agent for bidding rules, bid deadlines, and Property Condition Report**New listings are available to owner/occupants only for a specified time (contact me) before becoming open to investor and second-home buyers.**HOW HUD HOME SALES WORK:Newly listed HUD homes, which often need a lot of TLC, are usually on the market a very brief time (a few days to a week or so). A buyer bids on a home online through a registered HUD real estate agent, which I am. HUD selects the best bid submitted by a certain deadline, or if no bid is acceptable the home goes back on the market for another bidding period. A strong loan prequalification letter must be submitted with a bid. I can put you in touch with good lenders if you need one.As an agent representing YOU, I will help you perform due-diligence research on the property and do a thorough market analysis to help you determine what a fair purchase price should be. I will also search for comparable properties for you to consider as well.****If this particular property isn't quite what you want, I will be delighted to show you other properties (including those where you don't need to make an offer under HUD-style deadline pressure).*If you are NOT working with another real estate agent, I can show you comparable homes, HUD homes, bank repos and non-repos, in the greater Pikes Peak Region. Then, I ask that you agree to let me exclusively present offers on properties (whether they are my listing or not) on your behalf. I am willing to spend considerable time and energy finding your "right home" if you will simply agree that I will be your real estate agent. There is NO cost to you, either before or at closing -- at Epic Real Estate we do not surprise the buyer at closing time (or before) with "junk fees" that seem increasingly popular with so many real estate agencies.*Contact Alan at 719-748-1395*Email: explorepikespeak (at) gmail (dot) com*No junk fees! * No surprises at closing*A licensed and full-time real estate agent in the state since 1999 and a third-generation Coloradoan, I know this market and I know this area.  More Less 

Facts

  • Condo
  • Built in 1981
  • Heating: Forced air
  • Last sold: Sep 2012 for $68,813
  • Last sale price/sqft: $90

Construction

  • Construction quality: 6.0
  • Exterior material: Other
  • Roof type: Shake Shingle
  • Room count: 4
  • Stories: 2
  • Unit count: 1

Other

  • Floor size: 762 sqft
  • Last remodel year: 1983
  • Parcel #: 6316308186
  • Zillow Home ID: 13578493

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$91,629
+$369 Last 30 days
$82K
$102K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$812/mo
-$14 Last 30 days
$666
$966
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Comparable Homes

Homes like this sold for $60-112K.

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Neighborhood

Market guide

Zillow predicts Northeast Colorado Springs home values will rise 3.9% next year, compared to a 3.8% rise for Colorado Springs as a whole. Among Northeast Colorado Springs homes, this home is valued 58.2% less than the midpoint (median) home, and is valued 18.9% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Northeast Colorado Springs, the number of foreclosures waiting to be sold is 5.6% lower than in Colorado Springs, and 34.2% higher than the national average. This lower local number could help Northeast Colorado Springs home values rise more quickly than other regions in Colorado Springs.

Learn more about forecast calculations or Northeast Colorado Springs home values.
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