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11940 Artful Way

11940 Artful Way, Colorado Springs, CO 80921
Property in Trailridge
Sold Oct 15, 2021
$670,538
$335,269 by Cherry Creek Mortgage Co Inc
Mortgage Due Nov 01, 2051
Sold Dec 26, 2019
$665,700
Local assessors in Colorado Springs, CO have categorized 11940 Artful Way as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 6,534 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 6 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 3 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 11940 Artful Way has a total of 2,866 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 1,621 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 523 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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 roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. 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. 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, 11940 Artful Way was last sold in Oct 15, 2021 for $670,538. According to our calculations, that's $178.10 per sqft. Prior to that sales transaction, the property was sold for $665,700 in Dec 20, 2019. Current property owners are expected to pay $4,533 in taxes per year. The property on 11940 Artful Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $40,860. To break that down further, the land itself was valued at $7,670. While improvements to the property were assessed at a total of $33,190. 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. 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.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: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 1,621
  • Garage Type: Attached
  • Garage Square Area: 523
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 3,765
  • Gross Building Area: 4,015
  • Building Area: 2,866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,866
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE FARM FIL NO 5
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 88 THE FARM FIL NO 5

Ownership

  • Current Owner : KERRY W PEARSON TRUST
  • Current Owner 2: LYNNE E PEARSON TRUST
  • Previous Owner : VANTAGE HOMES CORP
  • Owner Before Previous Owner: ALLISON VALLEY DEVELOPMENT COMPANY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JDH
  • Census Tract: 007205

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MP: 2181
  • Parcel: 62181-06-002
  • Lot: 88
  • Municipality: ACADEMY SCHOOL NO 20
  • Latitude: 39.0062
  • Longitude: -104.813

    Address

  • Full Address: 11940 Artful Way
  • Address - House Number: 11940
  • Address - Street Name: Artful
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R085
  • 4-Digit Zip Code: 4212
  • Zip Code: 80921

Valuation

    Tax

  • Total Area: 3,242
  • Tax Year: 2022
  • Tax Amount: $4,533
  • Tax Rate Code Area: JDH

    Appraisal Valuation

  • Standard Deviation: 0.1157
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 87
  • Final Value: 737,515
  • High Value: 822,845
  • Low Value: 652,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,269
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Loan Amount: $335,269
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $587,900
  • Market Land Value: $110,400
  • Market Improvement Value: $477,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,860
  • Assessed Land Value: $7,670
  • Assessed Improvements Value: $33,190

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11859628227
  • Current Sale Price: $670,538
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221192552
  • Previous Sale Recording Date: Dec 26, 2019
  • Previous Sale Contract Date: Dec 20, 2019
  • Previous Sale Amount: $665,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $335,269
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ALLISON VALLEY DEVELOPMENT COM
  • Previous Mortgage Transaction Date: Dec 26, 2019
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Dec 20, 2024

About Trailridge



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Frequently Asked Questions

What neighborhood is 11940 Artful Way located in?
The 11940 Artful Way is a located in the neighborhood of Trailridge in Trailridge, Colorado Springs.
What is the average sales price for listings in 11940 Artful Way?
The average sales price for units in 11940 Artful Way is $0 currently.

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