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1264 Cree Drive

1264 Cree Drive, Colorado Springs, CO 80915
Multifamily in Cimarron Hills
Sold May 17, 2019
$185,000
Sold May 17, 2019
$185,000
$135,000 by Security Service Fcu
Mortgage Due Jun 01, 2034
1264 Cree Drive in Colorado Springs, CO was first built in 1972 and is 52 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 condo style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1264 Cree Drive has 1,688 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 660 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 634 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable or hip style roof made of composition shingle. 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 C. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1264 Cree Drive sold most recently in May 17, 2019 for a total of $185,000. If you work out the math, that's approximately a cost of $89.81 per sqft. Before that, the property was also sold for $185,000 in May 13, 2019. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $789 in taxes each year. 1264 Cree Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $11,650. If we break it down further, the land itself was valued at $2,430. Improvements to the property, however, were assessed at a total of $9,220. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • 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: 660
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 634
  • Total Building Area: 2,060
  • Gross Building Area: 2,060
  • Building Area: 1,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWNHOUSE 1264 C1 BLDG 1B CIMARRON HILLS
  • Land Acres: 0.015
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TOWNHOUSE 1264 C1 BLDG 1B CIMARRON HILLS TOWNHOUSES, TOG WITH AN UNDIVIDED 1/12 INT IN + TO THE GENERAL COMMON ELEMENTS + A 1/224 INT IN + TO THE RECREATION AREA ON MAP FILED FOR RECORD IN CONDOMINIUM BK 1, PAGES 1 TO 4, REC NO 440632 + CONDOMINIUM D

Ownership

  • Current Owner : BOGAN SUN
  • Current Owner 2: BOGAN MIKE MICHAEL
  • Previous Owner : BOGAN SUN
  • Previous Owner 2: BOGAN MIKE
  • Owner Before Previous Owner: HATFIELD D RICHARD
  • 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: 54071-14-101
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8502
  • Longitude: -104.702

    Address

  • Full Address: 1264 Cree Dr
  • Address - House Number: 1264
  • Address - Street Name: Cree
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C005
  • 4-Digit Zip Code: 3137
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 2,060
  • Tax Year: 2022
  • Tax Amount: $789
  • Tax Rate Code Area: FCF

    Appraisal Valuation

  • Standard Deviation: 0.124
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 86
  • Final Value: 253,629
  • High Value: 285,091
  • Low Value: 222,167

    Market Valuation

  • Market Total Value: $167,673
  • Market Land Value: $35,000
  • Market Improvement Value: $132,673

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,650
  • Assessed Land Value: $2,430
  • Assessed Improvements Value: $9,220

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: May 17, 2019
  • Current Sale Transaction ID: 11609297501
  • Current Sale Price: $185,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 219053417
  • Previous Sale Recording Date: May 17, 2019
  • Previous Sale Contract Date: May 13, 2019
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY SERVICE FCU
  • Previous Mortgage Transaction Date: May 17, 2019
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About Powers



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Frequently Asked Questions

What neighborhood is 1264 Cree Drive located in?
The 1264 Cree Drive is a multifamily located in the neighborhood of Cimarron Hills in Powers, Colorado Springs.
What is the average sales price for listings in 1264 Cree Drive?
The average sales price for units in 1264 Cree Drive is $0 currently.

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