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1123 Spectrum Loop

1123 Spectrum Loop, Colorado Springs, CO 80921
Sold Aug 30, 2019
$687,500
Sold Jul 13, 2016
$630,000
$585,401 by Stearns Lending Llc
Mortgage Due Aug 01, 2046
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Local assessors in Colorado Springs, CO have categorized 1123 Spectrum Loop as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 9,633 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 12 rooms in the home. Of these, 5 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 are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1123 Spectrum Loop has a total of 4,738 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 partial basement that is 2,097 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 740 sqft. There are 3 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 - B. The building has a gable or hip style roof that was made of composition shingle. Lots of stucco 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 central 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 Aug 30, 2019 for $687,500. That's $121.94 per sqft. Prior to that sales transaction, the property was also sold in Jul 12, 2016 for $630,000. 1123 Spectrum Loop was last assessed in 2022. The total value of the property was assessed at $53,080. Specifically, the land the property is located on was valued at $9,040. While improvements on the property were assessed at a total of $44,040. 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 $5,756. The initial tax year of delinquency was in 2022. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,097
  • Garage Type: Attached
  • Garage Square Area: 740
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 9,633
  • Total Building Area: 5,638
  • Gross Building Area: 5,830
  • Building Area: 4,738
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,738
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLYING HORSE NO 26
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 87 FLYING HORSE NO 26

Ownership

  • Current Owner : OLDJA NICK
  • Current Owner 2: OLDJA ZUZSANNA I
  • Previous Owner : MCCLINTOCK BRUCE HUBERT
  • Previous Owner 2: MCCLINTOCK TAMARA LEE
  • Owner Before Previous Owner: HURLEY KATHLEEN TRANCY
  • Owner Before Previous Owner 2: BROWN MICHAEL A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

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: 62082-11-002
  • Lot: 87
  • Municipality: ACADEMY 20
  • Latitude: 39.0253
  • Longitude: -104.807

    Address

  • Full Address: 1123 Spectrum Loop
  • Address - House Number: 1123
  • 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: 4,898
  • Tax Year: 2022
  • Tax Amount: $5,756
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: JGO

    Appraisal Valuation

  • Standard Deviation: 0.1251
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 86
  • Final Value: 980,305
  • High Value: 1,103,034
  • Low Value: 857,575

    Market Valuation

  • Market Total Value: $763,683
  • Market Land Value: $130,000
  • Market Improvement Value: $633,683

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,080
  • Assessed Land Value: $9,040
  • Assessed Improvements Value: $44,040

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Transaction ID: 11642121098
  • Current Sale Price: $687,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219104167
  • Previous Sale Recording Date: Jul 13, 2016
  • Previous Sale Contract Date: Jul 12, 2016
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Jul 13, 2016
  • Previous Mortgage Loan Amount: $585,401
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Flying Horse Ranch



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Frequently Asked Questions

What neighborhood is 1123 Spectrum Loop located in?
The 1123 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 1123 Spectrum Loop?
The average sales price for units in 1123 Spectrum Loop is $0 currently.

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