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10050 Red Sage Drive

10050 Red Sage Drive, Colorado Springs, CO 80920
House in Pine Creek
Sold Oct 20, 2017
$436,500
$508,800 by United Wholesale Mortgage Llc
Mortgage Due Aug 01, 2052
Sold Dec 09, 2005
$395,280
$190,000 by Nexgen Lending Inc
Mortgage Due Jan 01, 2036
Local assessors in Colorado Springs, CO have categorized 10050 Red Sage Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 7,570 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10050 Red Sage Drive has a total of 3,459 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,142 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable or hip style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 10050 Red Sage Drive was last sold in Oct 20, 2017 for $436,500. According to our calculations, that's $109.70 per sqft. Prior to that sales transaction, the property was sold for $395,280 in Dec 7, 2005. Current property owners are expected to pay $2,279 in taxes per year. The property on 10050 Red Sage Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $34,440. To break that down further, the land itself was valued at $6,690. While improvements to the property were assessed at a total of $27,750. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,142
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,570
  • Total Building Area: 3,979
  • Gross Building Area: 4,024
  • Building Area: 3,459
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,459
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINE CREEK SUB FIL NO 35
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 26 PINE CREEK SUB FIL NO 35

Ownership

  • Current Owner : ORDWAY ANDREW
  • Current Owner 2: ORDWAY ERIN
  • Previous Owner : MELENDES GREGORY F
  • Previous Owner 2: MELENDES LAURA LEE
  • Owner Before Previous Owner: THE CAMPBELL COMPANIES LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JFV
  • Census Tract: 007104

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 62262-01-004
  • Lot: 26
  • Municipality: ACADEMY 20
  • Latitude: 38.9766
  • Longitude: -104.756

    Address

  • Full Address: 10050 Red Sage Dr
  • Address - House Number: 10050
  • Address - Street Name: Red Sage
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R038
  • 4-Digit Zip Code: 2434
  • Zip Code: 80920

Valuation

    Tax

  • Total Area: 3,499
  • Tax Year: 2022
  • Tax Amount: $2,279
  • Tax Rate Code Area: JFV

    Appraisal Valuation

  • Standard Deviation: 0.1183
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 704,450
  • High Value: 787,789
  • Low Value: 621,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $508,800
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 13, 2022
  • First Open Lien Mortgage Loan Amount: $508,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $495,529
  • Market Land Value: $96,300
  • Market Improvement Value: $399,229

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,440
  • Assessed Land Value: $6,690
  • Assessed Improvements Value: $27,750

    Sales

  • Current Sale Contract Date: Oct 20, 2017
  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Transaction ID: 1397742247
  • Current Sale Price: $436,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 217127316
  • Previous Sale Recording Date: Dec 09, 2005
  • Previous Sale Contract Date: Dec 07, 2005
  • Previous Sale Amount: $395,280
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: Oct 20, 2017
  • First Mortgage Loan Amount: $392,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: NEXGEN LENDING INC
  • Previous Mortgage Transaction Date: Dec 09, 2005
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

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Frequently Asked Questions

What neighborhood is 10050 Red Sage Drive located in?
The 10050 Red Sage Drive is a house located in the neighborhood of Pine Creek in Briargate, Colorado Springs.
What is the average sales price for listings in 10050 Red Sage Drive?
The average sales price for units in 10050 Red Sage Drive is $0 currently.

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