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103 Fairmont Street

103 Fairmont Street, Colorado Springs, CO 80910
House in Park Hill
Sold Jan 28, 2019
$242,500
$254,667 by Pennymac Loan Services Llc
Mortgage Due Aug 01, 2051
Sold Dec 30, 2016
$140,000
$124,000 by Access Financial Group Llc
Mortgage Due Jan 01, 2047
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Local assessors in Colorado Springs, CO have categorized 103 Fairmont Street as a residential type of property. The home was built in 1969 and is 55 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 8,250 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 7 rooms in the home. Of these, 4 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 is one full bathroom. There are also 2 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 103 Fairmont Street has a total of 1,816 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 unknown that is 1,407 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 306 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - C. The building has a gable or hip style roof that was made of composition shingle. Lots of wood siding 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. 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, 103 Fairmont Street was last sold in Jan 28, 2019 for $242,500. According to our calculations, that's $114.28 per sqft. Prior to that sales transaction, the property was sold for $140,000 in Dec 19, 2016. Current property owners are expected to pay $1,058 in taxes per year. The property on 103 Fairmont Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $18,910. To break that down further, the land itself was valued at $3,130. While improvements to the property were assessed at a total of $15,780. 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. 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.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.

Building Features

Exterior

Brick Exterior Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • 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 Area: 1,407
  • Garage Type: Attached
  • Garage Square Area: 306
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,250
  • Total Building Area: 2,122
  • Gross Building Area: 2,220
  • Building Area: 1,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK HILL SUB 4
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 1 BLK 26 PARK HILL SUB 4

Ownership

  • Current Owner : SCHYMOS JOHN KYLE
  • Previous Owner : FREDYS INVESTMENT CORP
  • Owner Before Previous Owner: LA SIERRA INVESTMENTS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 002102

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64154-05-001
  • Block: 26
  • Lot: 1
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8297
  • Longitude: -104.763

    Address

  • Full Address: 103 Fairmont St
  • Address - House Number: 103
  • Address - Street Name: Fairmont
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C003
  • 4-Digit Zip Code: 2819
  • Zip Code: 80910

Valuation

    Tax

  • Total Area: 1,816
  • Tax Year: 2022
  • Tax Amount: $1,058
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 84
  • Final Value: 380,430
  • High Value: 432,642
  • Low Value: 328,219

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $254,667
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $254,667
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $272,092
  • Market Land Value: $45,000
  • Market Improvement Value: $227,092

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,910
  • Assessed Land Value: $3,130
  • Assessed Improvements Value: $15,780

    Sales

  • Current Sale Contract Date: Jan 28, 2019
  • Current Sale Recording Date: Jan 28, 2019
  • Current Sale Transaction ID: 11562284471
  • Current Sale Price: $242,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219009565
  • Previous Sale Recording Date: Dec 30, 2016
  • Previous Sale Contract Date: Dec 19, 2016
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBH BANK NA
  • First Mortgage Transaction Date: Jan 28, 2019
  • First Mortgage Loan Amount: $250,502
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ACCESS FINANCIAL GROUP LLC
  • Previous Mortgage Transaction Date: Dec 30, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $124,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Southeast Colorado Springs



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Frequently Asked Questions

What neighborhood is 103 Fairmont Street located in?
The 103 Fairmont Street is a house located in the neighborhood of Park Hill in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 103 Fairmont Street?
The average sales price for units in 103 Fairmont Street is $0 currently.

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