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11115 Milam Road

11115 Milam Road, Colorado Springs, CO 80908
House in El Paso
Sold Feb 24, 2023
$904,000
$904,000 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2053
Sold Nov 18, 2022
$465,000
11115 Milam Road in Colorado Springs, CO was first built in 1992 and is 32 years old. Although, the building on the property was most recently renovated and altered in 1994. 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 8 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 11115 Milam Road has 2,007 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 217,800 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of composition shingle. 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 909 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 a combination of material. As for heating, the home is utilizing a forced air unit. The property was last sold in Feb 23, 2023 for $904,000. That's $209.36 per sqft. Prior to that sales transaction, the property was also sold in Nov 17, 2022 for $465,000. 11115 Milam Road was last assessed in 2022. The total value of the property was assessed at $39,940. Specifically, the land the property is located on was valued at $15,100. While improvements on the property were assessed at a total of $24,840. 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 $3,048. 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: 1992
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,402
  • Garage Type: Attached
  • Garage Square Area: 909
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 4,318
  • Gross Building Area: 4,318
  • Building Area: 2,007
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,007
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MONUMENT ADD
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: TRACT IN SW4NW4 SEC 24-12-66 DES AS, N 312.52 FT OF S 1033.72 FT EX W 690.00 FT THEREOF, N 61.20 FT OF S 721.20 FT EX W 690.00 FT, EX E 302.20 FT THEREOF, TOGETHER WITH R/W EASEMENT FOR INGRESS + EGRESS OVER W 690.00 FT OF N 30.0 FT OF S 690.00 FT OF

Ownership

  • Current Owner : VILLA EDWARD
  • Current Owner 2: GAGNON CAREY R
  • Previous Owner : HOFSTADTER AUDRA
  • Owner Before Previous Owner: HOFSTADTER AUDRA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: RR-5

Geography

  • Parcel: 62240-00-065
  • Latitude: 38.9929
  • Longitude: -104.737

    Address

  • Full Address: 11115 Milam Rd
  • Address - House Number: 11115
  • Address - Street Name: Milam
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R031
  • 4-Digit Zip Code: 3900
  • Zip Code: 80908

Valuation

    Tax

  • Total Area: 3,409
  • Tax Year: 2022
  • Tax Amount: $3,048
  • Tax Rate Code Area: JCD

    Appraisal Valuation

  • Standard Deviation: 0.0995
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 90
  • Final Value: 765,533
  • High Value: 841,712
  • Low Value: 689,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $904,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 24, 2023
  • First Open Lien Mortgage Loan Amount: $904,000
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $574,735
  • Market Land Value: $217,300
  • Market Improvement Value: $357,435

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,940
  • Assessed Land Value: $15,100
  • Assessed Improvements Value: $24,840

    Sales

  • Current Sale Contract Date: Feb 23, 2023
  • Current Sale Recording Date: Feb 24, 2023
  • Current Sale Transaction ID: 11902473479
  • Current Sale Price: $904,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15305
  • Previous Sale Recording Date: Nov 18, 2022
  • Previous Sale Contract Date: Nov 17, 2022
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Feb 24, 2023
  • First Mortgage Loan Amount: $904,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2053

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Frequently Asked Questions

What neighborhood is 11115 Milam Road located in?
The 11115 Milam Road is a house located in the neighborhood of El Paso in Black Forest, Colorado Springs.
What is the average sales price for listings in 11115 Milam Road?
The average sales price for units in 11115 Milam Road is $0 currently.

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