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1112 Spectrum Loop

1112 Spectrum Loop, Colorado Springs, CO 80921
Sold Jul 27, 2020
$595,000
$630,000 by Fairway Independent Mtg Corp
Mortgage Due Jan 01, 2054
Sold Jul 15, 2013
$470,000
1112 Spectrum Loop has been categorized by the local assessors in Colorado Springs, CO as a residential type of property. The building on the property was first built in 2012 and is 12 years old. The home has a total of 5 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1112 Spectrum Loop has 4,161 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 2,216 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 10,550 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 684 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery 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, 1112 Spectrum Loop was last sold in Jul 24, 2020 for $595,000. According to our calculations, that's $116.78 per sqft. Prior to that sales transaction, the property was sold for $470,000 in Jul 12, 2013. Current property owners are expected to pay $4,482 in taxes per year. The property on 1112 Spectrum Loop was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $41,330. To break that down further, the land itself was valued at $9,040. While improvements to the property were assessed at a total of $32,290. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Stone Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 2,216
  • Garage Type: Attached
  • Garage Square Area: 684
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,550
  • Total Building Area: 5,095
  • Gross Building Area: 5,131
  • Building Area: 4,161
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,161
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLYING HORSE NO 26
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 84 FLYING HORSE NO 26

Ownership

  • Current Owner : MORLEY MATTHEW S
  • Current Owner 2: MORLEY AIMEE K
  • Previous Owner : IRREVOCABLE JOSEPH CRAIG PELLETIER 2008
  • Owner Before Previous Owner: RICHARDI DAVID M
  • Owner Before Previous Owner 2: RICHARDI JILL S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JGO
  • Census Tract: 007206

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Aug 12, 2066
  • Parcel: 62082-13-084
  • Lot: 84
  • Municipality: ACADEMY 20
  • Latitude: 39.0257
  • Longitude: -104.807

    Address

  • Full Address: 1112 Spectrum Loop
  • Address - House Number: 1112
  • Address - Street Name: Spectrum
  • Address - Suffix Type: Loop
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R087
  • 4-Digit Zip Code: 8408
  • Zip Code: 80921

Valuation

    Tax

  • Total Area: 4,411
  • Tax Year: 2022
  • Tax Amount: $4,482
  • Tax Rate Code Area: JGO

    Appraisal Valuation

  • Standard Deviation: 0.1243
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 86
  • Final Value: 844,275
  • High Value: 949,244
  • Low Value: 739,306

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $630,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Dec 13, 2023
  • First Open Lien Mortgage Loan Amount: $630,000
  • 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: Jan 01, 2054

    Market Valuation

  • Market Total Value: $594,596
  • Market Land Value: $130,000
  • Market Improvement Value: $464,596

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,330
  • Assessed Land Value: $9,040
  • Assessed Improvements Value: $32,290

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Transaction ID: 11773968181
  • Current Sale Price: $595,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220110066
  • Previous Sale Recording Date: Jul 15, 2013
  • Previous Sale Contract Date: Jul 12, 2013
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 27, 2020
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Flying Horse Ranch



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Frequently Asked Questions

What neighborhood is 1112 Spectrum Loop located in?
The 1112 Spectrum Loop is a house located in the neighborhood of Flying Horse Ranch in Flying Horse Ranch, Colorado Springs.
What is the average sales price for listings in 1112 Spectrum Loop?
The average sales price for units in 1112 Spectrum Loop is $0 currently.

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