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1051 Mazatlan Circle

1051 Mazatlan Circle, Colorado Springs, CO 80910
Multifamily in Park Hill
Sold Jun 24, 2022
$650,000
$487,500 by Northpointe Bank
Mortgage Due Jun 21, 2052
Sold Feb 05, 1997
$145,000
$142,584 by First Colorado Mtg Corp
Mortgage Due Feb 01, 2027
1051 Mazatlan Circle in Colorado Springs, CO was first built in 1984 and is 40 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 2 floors. 1051 Mazatlan Circle has 2,982 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,776 square feet.

Learn more about the property and building on this page. There is a patio. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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, 1051 Mazatlan Circle was last sold in Jun 22, 2022 for $650,000. According to our calculations, that's $217.97 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Jan 29, 1997. Current property owners are expected to pay $1,535 in taxes per year. The property on 1051 Mazatlan Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $28,460. To break that down further, the land itself was valued at $3,970. While improvements to the property were assessed at a total of $24,490. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Cedar Siding
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,776
  • Total Building Area: 2,982
  • Gross Building Area: 2,982
  • Building Area: 2,982
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,982
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CASA GRANDE SUB FIL NO 1
  • Land Acres: 0.179
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: LOT 7 BLK 2 CASA GRANDE SUB FIL NO 1 COLO SPGS

Ownership

  • Current Owner : STROTHER CHRISTOPHER
  • Current Owner 2: STROTHER MICHELLE
  • Previous Owner : GUADALUPE VERA
  • Owner Before Previous Owner: WILDMAN WILLIAM T
  • Owner Before Previous Owner 2: WILDMAN FARRYL A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Harrison School District 2
  • School Tax School District: CB3
  • Census Tract: 005201

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64223-15-008
  • Block: 2
  • Lot: 7
  • Municipality: HARRISON 2
  • Latitude: 38.8164
  • Longitude: -104.769

    Address

  • Full Address: 1051 Mazatlan Cir
  • Address - House Number: 1051
  • Address - Street Name: Mazatlan
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C013
  • 4-Digit Zip Code: 4016
  • Zip Code: 80910

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,535
  • Tax Rate Code Area: CB3

    Appraisal Valuation

  • Standard Deviation: 0.1339
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 84
  • Final Value: 659,467
  • High Value: 747,790
  • Low Value: 571,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $487,500
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Jun 24, 2022
  • First Open Lien Mortgage Loan Amount: $487,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 21, 2052

    Market Valuation

  • Market Total Value: $418,451
  • Market Land Value: $58,320
  • Market Improvement Value: $360,131

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,460
  • Assessed Land Value: $3,970
  • Assessed Improvements Value: $24,490

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Transaction ID: 11890754895
  • Current Sale Price: $650,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 86571
  • Previous Sale Recording Date: Feb 05, 1997
  • Previous Sale Contract Date: Jan 29, 1997
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHPOINTE BANK
  • First Mortgage Transaction Date: Jun 24, 2022
  • First Mortgage Loan Amount: $487,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jun 21, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COLORADO MTG CORP
  • Previous Mortgage Transaction Date: Feb 05, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $142,584
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2027

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Frequently Asked Questions

What neighborhood is 1051 Mazatlan Circle located in?
The 1051 Mazatlan Circle is a multifamily located in the neighborhood of Park Hill in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1051 Mazatlan Circle?
The average sales price for units in 1051 Mazatlan Circle is $0 currently.

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