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1311 Martin Drive

1311 Martin Drive, Colorado Springs, CO 80915
Sold Sep 13, 2021
Transfer
$295,260 by Thrive Mortgage Llc
Mortgage Due Oct 01, 2051
Sold Mar 22, 2021
$289,000
$234,436 by Thrive Mortgage Llc
Mortgage Due Aug 01, 2050
Local assessors in Colorado Springs, CO have categorized 1311 Martin Drive as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 7,875 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 7 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 1311 Martin Drive has a total of 2,016 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 1,126 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 318 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back 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 - C. The building has a gable or hip style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $289,000 in Jul 16, 2020. Current property owners are expected to pay $1,088 in taxes per year. The property on 1311 Martin Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $19,440. To break that down further, the land itself was valued at $3,340. While improvements to the property were assessed at a total of $16,100. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Type: Partial basement
  • Basement Area: 1,126
  • Garage Type: Attached
  • Garage Square Area: 318
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,875
  • Total Building Area: 2,570
  • Gross Building Area: 2,760
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUSTIN ESTATES SUB 5 FIL 5
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 5 BLK 6 AUSTIN ESTATES SUB 5 FIL 5 COLO SPGS

Ownership

  • Current Owner : BUSHELL HEATH R
  • Current Owner 2: SALAZAR BUSHELL LESLIE
  • Previous Owner : BUSHELL HEATH R
  • Previous Owner 2: SALAZAR BUSHELL LESLIE
  • Owner Before Previous Owner: NORRIS LATASHA
  • Owner Before Previous Owner 2: ESTATE OF CHARLES H CORBITT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 006000

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: Nov 14, 2066
  • Parcel: 64111-09-010
  • Block: 6
  • Lot: 5
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8525
  • Longitude: -104.743

    Address

  • Full Address: 1311 Martin Dr
  • Address - House Number: 1311
  • Address - Street Name: Martin
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C011
  • 4-Digit Zip Code: 2216
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 2,252
  • Tax Year: 2022
  • Tax Amount: $1,088
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1276
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 85
  • Final Value: 412,396
  • High Value: 465,030
  • Low Value: 359,761

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $295,260
  • First Open Lien Mortgage Lender: THRIVE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 13, 2021
  • First Open Lien Mortgage Loan Amount: $295,260
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $279,628
  • Market Land Value: $48,000
  • Market Improvement Value: $231,628

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,440
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $16,100

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Transaction ID: 11855346384
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 221171695
  • Previous Sale Recording Date: Mar 22, 2021
  • Previous Sale Contract Date: Jul 16, 2020
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: THRIVE MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 13, 2021
  • First Mortgage Loan Amount: $295,260
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THRIVE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 22, 2021
  • Previous Mortgage Loan Amount: $234,436
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Powers



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Frequently Asked Questions

What neighborhood is 1311 Martin Drive located in?
The 1311 Martin Drive is a house located in the neighborhood of Rustic Hills in Powers, Colorado Springs.
What is the average sales price for listings in 1311 Martin Drive?
The average sales price for units in 1311 Martin Drive is $0 currently.

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