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1126 Cree Drive

1126 Cree Drive, Colorado Springs, CO 80915
Property in Cimarron Hills
Sold May 16, 2017
$125,000
$122,735 by Catalyst Lending Inc
Mortgage Due Jun 01, 2047
Sold Sep 06, 2016
$116,000
$111,000 by Catalyst Lending Inc
Mortgage Due Sep 01, 2046
1126 Cree Drive 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 1966 and is 58 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1126 Cree Drive has 1,999 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 693 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 1,532 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 carport for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of masonry. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in May 12, 2017 for $125,000. That's $60.13 per sqft. Prior to that sales transaction, the property was also sold in Aug 22, 2016 for $116,000. 1126 Cree Drive was last assessed in 2022. The total value of the property was assessed at $12,760. Specifically, the land the property is located on was valued at $2,430. While improvements on the property were assessed at a total of $10,330. 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 $865. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Condo
  • Exterior Walls Type: Masonry
  • 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: 693
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 1,532
  • Total Building Area: 2,079
  • Gross Building Area: 2,079
  • Building Area: 1,999
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,999
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIMARRON HILLS TOWNHOUSES SUPPLEMENT NO
  • Land Acres: 0.035
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: PART OF LOT 1, TOWNHOUSE 1126, BLDG 11-F BLK 1 CIMARRON HILLS TOWNHOUSES SUPPLEMENT NO 2 TOGETHER WITH AN UNDIVIDED 1/18TH INTEREST IN + TO THE GENERAL COMMON ELEMENTS + A 1/224TH INTEREST IN + TO THE RECREATION AREA AS SHOWN ON MAP FILED FOR RECORD

Ownership

  • Current Owner : GUZMAN GENEVIEVE M
  • Current Owner 2: MARSH KYLE
  • Previous Owner : MARSH JANE R
  • Owner Before Previous Owner: JENEL L SENNETT LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FCF
  • Census Tract: 005000

Zoning

  • Zoning: R-4 CAD-O

Geography

  • Assessors Map Reference: Jul 14, 2065
  • Parcel: 54071-14-063
  • Block: 1
  • Lot: 1
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8479
  • Longitude: -104.705

    Address

  • Full Address: 1126 Cree Dr
  • Address - House Number: 1126
  • Address - Street Name: Cree
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C005
  • 4-Digit Zip Code: 3260
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 2,079
  • Tax Year: 2022
  • Tax Amount: $865
  • Tax Rate Code Area: FCF

    Appraisal Valuation

  • Standard Deviation: 0.1363
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 84
  • Final Value: 261,712
  • High Value: 297,405
  • Low Value: 226,018

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $125,971
  • First Open Lien Mortgage Lender: CATALYST LENDING INC
  • First Open Lien Mortgage Recording Date: May 16, 2017
  • First Open Lien Mortgage Loan Amount: $122,735
  • 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: Jun 01, 2047
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: May 03, 2021
  • Second Open Lien Mortgage Loan Amount: $3,236
  • Second Open Lien Mortgage Term: 312
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $183,570
  • Market Land Value: $35,000
  • Market Improvement Value: $148,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,760
  • Assessed Land Value: $2,430
  • Assessed Improvements Value: $10,330

    Sales

  • Current Sale Contract Date: May 12, 2017
  • Current Sale Recording Date: May 16, 2017
  • Current Sale Transaction ID: 1812253740
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 217056084
  • Previous Sale Recording Date: Sep 06, 2016
  • Previous Sale Contract Date: Aug 22, 2016
  • Previous Sale Amount: $116,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CATALYST LENDING INC
  • First Mortgage Transaction Date: May 16, 2017
  • First Mortgage Loan Amount: $122,735
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CATALYST LENDING INC
  • Previous Mortgage Transaction Date: Sep 06, 2016
  • Previous Mortgage Loan Amount: $111,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Powers



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Frequently Asked Questions

What neighborhood is 1126 Cree Drive located in?
The 1126 Cree Drive is a located in the neighborhood of Cimarron Hills in Powers, Colorado Springs.
What is the average sales price for listings in 1126 Cree Drive?
The average sales price for units in 1126 Cree Drive is $0 currently.

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