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10050 Tercel Drive

10050 Tercel Drive, Peyton, CO 80831
House in El Paso
Sold Jun 01, 2020
$525,000
$510,400 by Cardinal Financial Company Lp
Mortgage Due Jun 01, 2050
Sold Jun 03, 2016
$275,000
$260,000 by Terry L Dees
Mortgage
Local assessors in Peyton, CO have categorized 10050 Tercel Drive as a residential type of property. The home was built in 1983 and is 41 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 217,800 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 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 Tercel Drive has a total of 2,613 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 finished improved basement that is 638 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. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 576 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 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 - C. The building has a shed 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. Residents rely on air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10050 Tercel Drive sold most recently in May 29, 2020 for a total of $525,000. If you work out the math, that's approximately a cost of $164.63 per sqft. Before that, the property was also sold for $275,000 in Jun 2, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,385 in taxes each year. 10050 Tercel Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $34,880. If we break it down further, the land itself was valued at $11,330. Improvements to the property, however, were assessed at a total of $23,550. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Shed
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 638
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 3,189
  • Gross Building Area: 3,251
  • Building Area: 2,613
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 2,613
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: THE MEADOWS FIL NO 2
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 14 THE MEADOWS FIL NO 2

Ownership

  • Current Owner : OTTO STEPHANIE N
  • Current Owner 2: OTTO DEVIN R
  • Previous Owner : GRAMPRIE NICHOLAS K
  • Previous Owner 2: GRAMPRIE AMANDA L
  • Owner Before Previous Owner: DEES TERRY L
  • Owner Before Previous Owner 2: DEES CORNELIA JOYCE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SCE
  • Census Tract: 007603

Zoning

  • Zoning: RR-5

Geography

  • Assessors Map Reference: Feb 13, 2065
  • Parcel: 53020-02-008
  • Lot: 14
  • Municipality: FALCON 49
  • Latitude: 38.9544
  • Longitude: -104.641

    Address

  • Full Address: 10050 Tercel Dr
  • Address - House Number: 10050
  • Address - Street Name: Tercel
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Peyton
  • Carrier Code: R018
  • 4-Digit Zip Code: 7015
  • Zip Code: 80831

Valuation

    Tax

  • Total Area: 2,293
  • Tax Year: 2022
  • Tax Amount: $2,385
  • Tax Rate Code Area: SCE

    Appraisal Valuation

  • Standard Deviation: 0.1122
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 88
  • Final Value: 697,978
  • High Value: 776,326
  • Low Value: 619,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Jun 01, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $501,798
  • Market Land Value: $163,000
  • Market Improvement Value: $338,798

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,880
  • Assessed Land Value: $11,330
  • Assessed Improvements Value: $23,550

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 01, 2020
  • Current Sale Transaction ID: 11762689510
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220074510
  • Previous Sale Recording Date: Jun 03, 2016
  • Previous Sale Contract Date: Jun 02, 2016
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Jun 01, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: TERRY L DEES
  • Previous Mortgage Transaction Date: Jun 03, 2016
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

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Frequently Asked Questions

What neighborhood is 10050 Tercel Drive located in?
The 10050 Tercel Drive is a house located in the neighborhood of El Paso in El Paso, Peyton.
What is the average sales price for listings in 10050 Tercel Drive?
The average sales price for units in 10050 Tercel Drive is $0 currently.

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