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1137 Mazatlan Circle

1137 Mazatlan Circle, Colorado Springs, CO 80910
Multifamily in Park Hill
Sold Jun 01, 2021
$619,000
Sold May 15, 2020
$480,000
$312,000 by Firstbank
Mortgage Due Jun 01, 2050
1137 Mazatlan Circle 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 1984 and is 40 years old. The building has a total of 2 stories. In addition, 1137 Mazatlan Circle has 3,077 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,174 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex 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. Residents will have the luxury of enjoying 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 wood 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 inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing electric heaters and being fueled with electricity. The property was last sold in May 28, 2021 for $619,000. That's $201.17 per sqft. Prior to that sales transaction, the property was also sold in May 13, 2020 for $480,000. 1137 Mazatlan Circle was last assessed in 2022. The total value of the property was assessed at $32,790. Specifically, the land the property is located on was valued at $3,990. While improvements on the property were assessed at a total of $28,800. 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 $1,769. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,174
  • Total Building Area: 3,077
  • Gross Building Area: 3,077
  • Building Area: 3,077
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 3,077
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CASA GRANDE SUB FIL NO 1
  • Land Acres: 0.211
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: LOT 10 BLK 2 CASA GRANDE SUB FIL NO 1 COLO SPGS

Ownership

  • Current Owner : HOU TIM KUANCHENG
  • Current Owner 2: HOU ELIZABETH
  • Previous Owner : AB RENTAL INVESTMENTS TRUST
  • Owner Before Previous Owner: N NEVADA LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Harrison School District 2
  • School Tax School District: CB3
  • Census Tract: 005201

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64223-15-011
  • Block: 2
  • Lot: 10
  • Municipality: HARRISON 2
  • Latitude: 38.8164
  • Longitude: -104.769

    Address

  • Full Address: 1137 Mazatlan Cir
  • Address - House Number: 1137
  • Address - Street Name: Mazatlan
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C013
  • 4-Digit Zip Code: 4029
  • Zip Code: 80910

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,769
  • Tax Rate Code Area: CB3

    Appraisal Valuation

  • Standard Deviation: 0.1287
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 708,520
  • High Value: 799,763
  • Low Value: 617,277

    Market Valuation

  • Market Total Value: $482,310
  • Market Land Value: $58,714
  • Market Improvement Value: $423,596

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,790
  • Assessed Land Value: $3,990
  • Assessed Improvements Value: $28,800

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Transaction ID: 11836570176
  • Current Sale Price: $619,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221105631
  • Previous Sale Recording Date: May 15, 2020
  • Previous Sale Contract Date: May 13, 2020
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Jun 01, 2021
  • First Mortgage Loan Amount: $464,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK
  • Previous Mortgage Transaction Date: May 15, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $312,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 1137 Mazatlan Circle located in?
The 1137 Mazatlan Circle is a multifamily located in the neighborhood of Park Hill in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1137 Mazatlan Circle?
The average sales price for units in 1137 Mazatlan Circle is $0 currently.

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