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10725 South Forest Drive

10725 South Forest Drive, Colorado Springs, CO 80908
House in El Paso
Sold Aug 28, 2023
$1,775,000
$1,175,000 by Fairway Independent Mtg Corp
Mortgage Due Sep 01, 2053
Sold Mar 07, 2022
$1,730,000
$647,000 by Fairway Independent Mortgage C
Mortgage Due Mar 01, 2042
10725 South Forest Drive in Colorado Springs, CO was first built in 2018 and is 6 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 ranch/rambler style. It is a single story home. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 5 partial bathrooms. 10725 South Forest Drive has 4,572 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. The basement is 2,500 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 242,193 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The home has a gable style roof made of metal. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 780 sqft. There are a total of 3 available parking spaces. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 10725 South Forest Drive was last sold in Aug 25, 2023 for $1,775,000. According to our calculations, that's $307.09 per sqft. Prior to that sales transaction, the property was sold for $1,730,000 in Mar 4, 2022. Current property owners are expected to pay $4,010 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 10725 South Forest Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $52,560. To break that down further, the land itself was valued at $18,050. While improvements to the property were assessed at a total of $34,510. 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.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 2
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,500
  • Garage Type: Attached
  • Garage Square Area: 780
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 242,193
  • Total Building Area: 5,780
  • Gross Building Area: 7,295
  • Building Area: 4,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,572
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SOUTH FOREST SUBDIVISION
  • Land Acres: 5.56
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 3 SOUTH FOREST SUBDIVISION

Ownership

  • Current Owner : BOTKIN NOAH S
  • Current Owner 2: BOTKIN CANDACE J
  • Previous Owner : STRICKLIN MATTHEW
  • Previous Owner 2: STRICKLIN RACHEL
  • Owner Before Previous Owner: GARDEN ARMOR LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JCD
  • Census Tract: 007501

Zoning

  • Zoning: RR-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 62240-03-012
  • Lot: 3
  • Municipality: ACADEMY 20
  • Latitude: 38.9866
  • Longitude: -104.721

    Address

  • Full Address: 10725 S Forest Dr
  • Address - House Number: 10725
  • Street Direction: S
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R047
  • 4-Digit Zip Code: 3963
  • Zip Code: 80908

Valuation

    Tax

  • Total Area: 1,072
  • Tax Year: 2022
  • Tax Amount: $4,010
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: JCD

    Appraisal Valuation

  • Standard Deviation: 0.0647
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 96
  • Final Value: 1,942,924
  • High Value: 2,068,674
  • Low Value: 1,817,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,175,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 28, 2023
  • First Open Lien Mortgage Loan Amount: $1,175,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $756,231
  • Market Land Value: $259,700
  • Market Improvement Value: $496,531

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,560
  • Assessed Land Value: $18,050
  • Assessed Improvements Value: $34,510

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Transaction ID: 11911783080
  • Current Sale Price: $1,775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 72756
  • Previous Sale Recording Date: Mar 07, 2022
  • Previous Sale Contract Date: Mar 04, 2022
  • Previous Sale Amount: $1,730,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Aug 28, 2023
  • First Mortgage Loan Amount: $1,175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Mar 07, 2022
  • Previous Mortgage Loan Amount: $647,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2042

About Black Forest



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Frequently Asked Questions

What neighborhood is 10725 South Forest Drive located in?
The 10725 South Forest Drive is a house located in the neighborhood of El Paso in Black Forest, Colorado Springs.
What is the average sales price for listings in 10725 South Forest Drive?
The average sales price for units in 10725 South Forest Drive is $0 currently.

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