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1121 North Arcadia Street

1121 North Arcadia Street, Colorado Springs, CO 80903
Property in Patty Jewett
Sold Jun 08, 2023
$430,000
$322,500 by United Wholesale Mortgage Llc
Mortgage Due Jul 01, 2053
Sold Aug 01, 1983
Transfer
Local assessors in Colorado Springs, CO have categorized 1121 North Arcadia Street as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 5,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 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 1121 North Arcadia Street has a total of 1,904 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 812 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 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a 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 plaster. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1121 North Arcadia Street was last sold in Jun 7, 2023 for $430,000. According to our calculations, that's $196.89 per sqft. Current property owners are expected to pay $1,089 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1121 North Arcadia Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $19,470. To break that down further, the land itself was valued at $4,170. While improvements to the property were assessed at a total of $15,300. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 812
  • Garage Type: Attached
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,184
  • Gross Building Area: 2,270
  • Building Area: 1,904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HASTINGS BROS 5TH ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 4 BLK 11 HASTINGS BROS 5TH ADD COLO SPGS

Ownership

  • Current Owner : PETERSON WAYNE
  • Current Owner 2: PETERSON KAREN
  • Previous Owner : HUGHES DAVID R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 000800

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Aug 14, 2066
  • Parcel: 64082-17-007
  • Block: 11
  • Lot: 4
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8496
  • Longitude: -104.808

    Address

  • Full Address: 1121 N Arcadia St
  • Address - House Number: 1121
  • Street Direction: N
  • Address - Street Name: Arcadia
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C012
  • 4-Digit Zip Code: 6600
  • Zip Code: 80903

Valuation

    Tax

  • Total Area: 1,904
  • Tax Year: 2022
  • Tax Amount: $1,089
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.0649
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 96
  • Final Value: 426,679
  • High Value: 454,378
  • Low Value: 398,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 08, 2023
  • First Open Lien Mortgage Loan Amount: $322,500
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $280,156
  • Market Land Value: $60,000
  • Market Improvement Value: $220,156

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,470
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $15,300

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Transaction ID: 11907676304
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 48372
  • Previous Sale Recording Date: Aug 01, 1983
  • Previous Sale Contract Date: Aug 01, 1983
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 08, 2023
  • First Mortgage Loan Amount: $322,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

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Frequently Asked Questions

What neighborhood is 1121 North Arcadia Street located in?
The 1121 North Arcadia Street is a located in the neighborhood of Patty Jewett in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1121 North Arcadia Street?
The average sales price for units in 1121 North Arcadia Street is $0 currently.

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