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1318 Bates Drive

1318 Bates Drive, Colorado Springs, CO 80909
Property in Knob Hill
Sold Dec 02, 2021
$357,500
$952,810,518 by Royal Bank Of Canada
Mortgage
Sold Jun 28, 2021
$297,000
Buyer
Local assessors in Colorado Springs, CO have categorized 1318 Bates Drive as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 6,500 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, 3 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 2 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 1318 Bates Drive has a total of 1,842 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 984 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. 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 stucco 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. Residents rely on air conditioning for their cooling system. 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. Based on our sources, 1318 Bates Drive was last sold in Nov 24, 2021 for $357,500. According to our calculations, that's $181.66 per sqft. Prior to that sales transaction, the property was sold for $297,000 in Jun 24, 2021. Current property owners are expected to pay $1,007 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1318 Bates Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $18,000. To break that down further, the land itself was valued at $2,780. While improvements to the property were assessed at a total of $15,220. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: Stucco
  • 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: 984
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 1,968
  • Gross Building Area: 2,004
  • Building Area: 1,842
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,842
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SMARTTS SUB 4
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 23 BLK 4 SMARTTS SUB 4 COLO SPGS

Ownership

  • Current Owner : SFR ACQUISITIONS 1 LLC
  • Previous Owner : TG INC
  • Owner Before Previous Owner: LIESER RONALD J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 002000

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Oct 14, 2066
  • Parcel: 64102-08-025
  • Block: 4
  • Lot: 23
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8516
  • Longitude: -104.772

    Address

  • Full Address: 1318 Bates Dr
  • Address - House Number: 1318
  • Address - Street Name: Bates
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C026
  • 4-Digit Zip Code: 3123
  • Zip Code: 80909

Valuation

    Tax

  • Total Area: 1,968
  • Tax Year: 2022
  • Tax Amount: $1,007
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1411
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 83
  • Final Value: 382,084
  • High Value: 436,005
  • Low Value: 328,163

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $952,810,518
  • First Open Lien Mortgage Lender: ROYAL BANK OF CANADA
  • First Open Lien Mortgage Recording Date: Apr 22, 2022
  • First Open Lien Mortgage Loan Amount: $952,810,518
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $259,028
  • Market Land Value: $40,000
  • Market Improvement Value: $219,028

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,000
  • Assessed Land Value: $2,780
  • Assessed Improvements Value: $15,220

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11870969110
  • Current Sale Price: $357,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221221209
  • Previous Sale Recording Date: Jun 28, 2021
  • Previous Sale Contract Date: Jun 24, 2021
  • Previous Sale Amount: $297,000
  • Previous Sale Document Type: Warranty Deed

About East Colorado Springs



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Frequently Asked Questions

What neighborhood is 1318 Bates Drive located in?
The 1318 Bates Drive is a located in the neighborhood of Knob Hill in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1318 Bates Drive?
The average sales price for units in 1318 Bates Drive is $0 currently.

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