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1301 West Vermijo Street

1301 West Vermijo Street, Colorado Springs, CO 80905
Sold Mar 16, 2020
$242,000
$303,548 by Sovereign Lending Group Incorp
Mortgage Due Feb 01, 2052
Sold Nov 07, 2017
$137,000
1301 West Vermijo Street 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 2002 and is 22 years old. The home has a total of 6 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1301 West Vermijo Street has 1,540 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 7,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. According to our sources, there is one available parking space. 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 frame 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 wood siding. 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 Mar 13, 2020 for $242,000. That's $157.14 per sqft. Prior to that sales transaction, the property was also sold in Nov 7, 2017 for $137,000. 1301 West Vermijo Street was last assessed in 2022. The total value of the property was assessed at $16,680. Specifically, the land the property is located on was valued at $3,130. While improvements on the property were assessed at a total of $13,550. 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 $933. 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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • 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: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PORTLAND HEIGHTS
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 1 BLK 3 PORTLAND HEIGHTS

Ownership

  • Current Owner : BARRY LUCAS
  • Previous Owner : MOONSTONE MOUNTAIN LLC
  • Owner Before Previous Owner: NOVEY BARBARA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 002402

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 74133-07-001
  • Block: 3
  • Lot: 1
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8289
  • Longitude: -104.847

    Address

  • Full Address: 1301 W Vermijo St
  • Address - House Number: 1301
  • Street Direction: W
  • Address - Street Name: Vermijo
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C019
  • 4-Digit Zip Code: 1741
  • Zip Code: 80905

Valuation

    Tax

  • Total Area: 1,540
  • Tax Year: 2022
  • Tax Amount: $933
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.128
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 85
  • Final Value: 348,923
  • High Value: 393,599
  • Low Value: 304,248

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,548
  • First Open Lien Mortgage Lender: SOVEREIGN LENDING GROUP INCORP
  • First Open Lien Mortgage Recording Date: Jan 31, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $303,548
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $45,000
  • Market Improvement Value: $195,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,680
  • Assessed Land Value: $3,130
  • Assessed Improvements Value: $13,550

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Mar 16, 2020
  • Current Sale Transaction ID: 11748330020
  • Current Sale Price: $242,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220037509
  • Previous Sale Recording Date: Nov 07, 2017
  • Previous Sale Contract Date: Nov 07, 2017
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 16, 2020
  • First Mortgage Loan Amount: $247,566
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2050

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Frequently Asked Questions

What neighborhood is 1301 West Vermijo Street located in?
The 1301 West Vermijo Street is a house located in the neighborhood of Central Colorado City in Central Colorado City, Colorado Springs.
What is the average sales price for listings in 1301 West Vermijo Street?
The average sales price for units in 1301 West Vermijo Street is $0 currently.

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