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12305 Candoni Terrace

12305 Candoni Terrace, Colorado Springs, CO 80921
Property in El Paso
Sold Apr 15, 2020
$625,100
$510,400 by Cherry Creek Mortgage Co Inc
Mortgage Due May 01, 2050
12305 Candoni Terrace in Colorado Springs, CO was first built in 2019 and is 5 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 12305 Candoni Terrace has 3,492 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 2,076 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 12,514 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 650 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 14, 2020 for $625,100. That's $130.17 per sqft. 12305 Candoni Terrace was last assessed in 2022. The total value of the property was assessed at $41,000. Specifically, the land the property is located on was valued at $9,040. While improvements on the property were assessed at a total of $31,960. 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 $4,580. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 2,076
  • Garage Type: Attached
  • Garage Square Area: 650
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 12,514
  • Total Building Area: 4,802
  • Gross Building Area: 5,020
  • Building Area: 3,492
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,492
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLYING HORSE NO 4 PALERMO FIL NO 1
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 72 FLYING HORSE NO 4 PALERMO FIL NO 1

Ownership

  • Current Owner : GREGORY J THOMAS J
  • Current Owner 2: GREGORY SHERRY M
  • Previous Owner : ELITE PROPERTIES OF AMERICA INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: JCO
  • Census Tract: 007206

Zoning

  • Zoning: PUD UV

Geography

  • Assessors Map Reference: MP: 2162
  • Parcel: 62162-12-052
  • Lot: 72
  • Municipality: ACADEMY 20
  • Latitude: 39.0092
  • Longitude: -104.789

    Address

  • Full Address: 12305 Candoni Ter
  • Address - House Number: 12305
  • Address - Street Name: Candoni
  • Address - Suffix Type: Ter
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R072
  • 4-Digit Zip Code: 3867
  • Zip Code: 80921

Valuation

    Tax

  • Total Area: 4,152
  • Tax Year: 2022
  • Tax Amount: $4,580
  • Tax Rate Code Area: JCO

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 86
  • Final Value: 821,167
  • High Value: 922,814
  • Low Value: 719,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Apr 15, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $589,900
  • Market Land Value: $130,000
  • Market Improvement Value: $459,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,000
  • Assessed Land Value: $9,040
  • Assessed Improvements Value: $31,960

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: Apr 15, 2020
  • Current Sale Transaction ID: 11755019335
  • Current Sale Price: $625,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220051860

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Apr 15, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 12305 Candoni Terrace located in?
The 12305 Candoni Terrace is a located in the neighborhood of El Paso in Colorado Springs, Colorado Springs.
What is the average sales price for listings in 12305 Candoni Terrace?
The average sales price for units in 12305 Candoni Terrace is $0 currently.

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