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1318 Saratoga Drive

1318 Saratoga Drive, Colorado Springs, CO 80910
Sold Aug 21, 2018
$275,000
$206,250 by Firstbank
Mortgage Due Sep 01, 2048
Sold Nov 26, 2013
$178,500
$175,266 by Academy Mortgage Corp
Mortgage Due Dec 01, 2043
1318 Saratoga Drive in Colorado Springs, CO was first built in 1965 and is 59 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 3 partial bathrooms. 1318 Saratoga Drive has 2,521 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 748 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 9,013 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 or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 494 sqft. There are a total of 3 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 C. The exterior walls of the home are made of stucco. 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 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. 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, 1318 Saratoga Drive sold most recently in Aug 16, 2018 for a total of $275,000. If you work out the math, that's approximately a cost of $89.72 per sqft. Before that, the property was also sold for $178,500 in Nov 26, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,138 in taxes each year. 1318 Saratoga Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,100. If we break it down further, the land itself was valued at $2,780. Improvements to the property, however, were assessed at a total of $18,320. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • 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: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 748
  • Garage Type: Attached
  • Garage Square Area: 494
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 9,013
  • Total Building Area: 3,065
  • Gross Building Area: 3,179
  • Building Area: 2,521
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,521
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHERRY HILLS SUB FIL 1
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 15 BLK 3 CHERRY HILLS SUB FIL 1 COLO SPGS

Ownership

  • Current Owner : QUIROZ GUADALUPE RABAGO
  • Previous Owner : BORROWMAN BRENT
  • Previous Owner 2: BORROWMAN MELISSA
  • Owner Before Previous Owner: BUYERS EQUITY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Harrison School District 2
  • School Tax School District: CB3
  • Census Tract: 005201

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64223-09-016
  • Block: 3
  • Lot: 15
  • Municipality: HARRISON 2
  • Latitude: 38.8133
  • Longitude: -104.768

    Address

  • Full Address: 1318 Saratoga Dr
  • Address - House Number: 1318
  • Address - Street Name: Saratoga
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C004
  • 4-Digit Zip Code: 1944
  • Zip Code: 80910

Valuation

    Tax

  • Total Area: 2,571
  • Tax Year: 2022
  • Tax Amount: $1,138
  • Tax Rate Code Area: CB3

    Appraisal Valuation

  • Standard Deviation: 0.1144
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 88
  • Final Value: 425,803
  • High Value: 474,538
  • Low Value: 377,069

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,250
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Aug 21, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $206,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $303,527
  • Market Land Value: $40,000
  • Market Improvement Value: $263,527

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,100
  • Assessed Land Value: $2,780
  • Assessed Improvements Value: $18,320

    Sales

  • Current Sale Contract Date: Aug 16, 2018
  • Current Sale Recording Date: Aug 21, 2018
  • Current Sale Transaction ID: 11498505402
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218097161
  • Previous Sale Recording Date: Nov 26, 2013
  • Previous Sale Contract Date: Nov 26, 2013
  • Previous Sale Amount: $178,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Aug 21, 2018
  • First Mortgage Loan Amount: $206,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 26, 2013
  • Previous Mortgage Loan Amount: $175,266
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2043

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Frequently Asked Questions

What neighborhood is 1318 Saratoga Drive located in?
The 1318 Saratoga Drive is a house located in the neighborhood of Spring Creek in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1318 Saratoga Drive?
The average sales price for units in 1318 Saratoga Drive is $0 currently.

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