Check Availability

1107 Martin Drive

1107 Martin Drive, Colorado Springs, CO 80915
Property in Rustic Hills
Sold Dec 06, 2016
$200,000
$186,120 by Bank 2
Mortgage Due Jan 01, 2047
Sold Nov 05, 1985
Transfer
Local assessors in Colorado Springs, CO have categorized 1107 Martin Drive as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 7,875 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1107 Martin Drive has a total of 2,103 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 1,041 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 478 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 - 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. Residents rely on air conditioning for their cooling system. 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. The property was last sold in Dec 2, 2016 for $200,000. That's $77.49 per sqft. 1107 Martin Drive was last assessed in 2022. The total value of the property was assessed at $19,860. Specifically, the land the property is located on was valued at $3,340. While improvements on the property were assessed at a total of $16,520. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,111. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,041
  • Garage Type: Attached
  • Garage Square Area: 478
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,875
  • Total Building Area: 2,581
  • Gross Building Area: 2,794
  • Building Area: 2,103
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,103
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUSTIN ESTATES SUB 5 FIL 5
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 2 BLK 15 AUSTIN ESTATES SUB 5 FIL 5 COLO SPGS

Ownership

  • Current Owner : ALEXANDER JAMES D
  • Current Owner 2: ALEXANDER KATHERINE HENRY
  • Previous Owner : CLARK ANN R
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 006000

Zoning

  • Zoning: R1-6 APZ2

Geography

  • Assessors Map Reference: Nov 14, 2066
  • Parcel: 64111-15-016
  • Block: 15
  • Lot: 2
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8492
  • Longitude: -104.742

    Address

  • Full Address: 1107 Martin Dr
  • Address - House Number: 1107
  • Address - Street Name: Martin
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C011
  • 4-Digit Zip Code: 2212
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 2,103
  • Tax Year: 2022
  • Tax Amount: $1,111
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1296
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 85
  • Final Value: 389,596
  • High Value: 440,108
  • Low Value: 339,085

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $186,120
  • First Open Lien Mortgage Lender: BANK 2
  • First Open Lien Mortgage Recording Date: Dec 06, 2016
  • First Open Lien Mortgage Loan Amount: $186,120
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $285,760
  • Market Land Value: $48,000
  • Market Improvement Value: $237,760

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,860
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $16,520

    Sales

  • Current Sale Contract Date: Dec 02, 2016
  • Current Sale Recording Date: Dec 06, 2016
  • Current Sale Transaction ID: 1876233990
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 216141221
  • Previous Sale Recording Date: Nov 05, 1985
  • Previous Sale Contract Date: Nov 05, 1985
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK 2
  • First Mortgage Transaction Date: Dec 06, 2016
  • First Mortgage Loan Amount: $186,120
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2047

About Powers



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5324 Pabst Dr, Colorado Springs, CO, 80915

$2,290 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,700 ft²
5324 Pabst Dr #5324 Pabst Dr, Colorado Springs, CO, 80915 Listing by Manager
Unit for rent at 5232 Escapardo Way, Colorado Springs, CO, 80917

$2,500 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,875 ft²
5232 Escapardo Way #5232 Escapardo Way, Colorado Springs, CO, 80917 Listing by Manager

Frequently Asked Questions

What neighborhood is 1107 Martin Drive located in?
The 1107 Martin Drive is a located in the neighborhood of Rustic Hills in Powers, Colorado Springs.
What is the average sales price for listings in 1107 Martin Drive?
The average sales price for units in 1107 Martin Drive is $0 currently.

Quantcast