See Home Value
$680,222*
House - Off Market

1340 N Chestnut Street

Colorado Springs, CO 80905
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2837 Sqft
$582,000 - $710,000
Reference Base Price*
5.30%
Since Mar 1, 2022
National-US
Primary Model
Sold Feb 11, 2022
$646,000
$613,700 by Mid America Mortgage Inc
Mortgage Due Mar 01, 2052

About This Property

Brand new custom home nestled between Downtown and Old Colorado City! This two-story modern Craftsman elevation is a lovely mix of stucco, stone and Hardi cement siding and backs to a no-build preservation easement.  The interior has an open main level floor plan with 9'ceilings, site-finished white Oak floors and high end finishes throughout. The dining area provides access to the rear patio through 12' wide sliding door that lets in beautiful natural light. Stunning gourmet kitchen features an 8' long island with eating bar, two-toned custom cabinetry, quartz counters, tile backsplash and walk in pantry. Stainless steel Samsung appliances with refrigerator, gas range, vent hood and dishwasher are included. The spacious primary suite has lovely hillside views, a walk-in closet, and a 5-piece en-suite bath with freestanding tub, large walk-in shower and double vanity. The upper level has a large laundry room, two additional bedrooms and a hall bath with large vanity including trough sink and quartz counters. This home also leaves room to grow in the unfinished basement area that includes rough-ins for an additional future bath and bedroom. Energy efficient features include: aluminum-clad Marvin windows, 98% high-efficiency furnace, electric vehicle charging station pre-wire, LED light fixtures throughout.  Adjacent to Sondeman Park open space, this quiet location offers plenty of privacy but is also less than a mile from Downtown and has incredibly easy access to I-25.

The manager has listed the unit size as 2837 square feet.
Unit Size
2,837Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$228
Property Type
House
Property Taxes
$39
HOA Dues
-
Year Built
2021

Price History

Date / Event Date Event Price
Feb 11, 2022 Sold to Barbara Ann Gallagher, Kenn... $646,000
Sold to Barbara Ann Gallagher, Kenn...
Feb 3, 2022 No longer available -
No longer available
Jan 9, 2022 In contract -
In contract
Jan 1, 2022 Price Increased $646,000
↑ $1K (0.2%)
Price Increased
Nov 15, 2021 Listed $645,000
Listed

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 553
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,123
  • Total Building Area: 3,358
  • Gross Building Area: 3,407
  • Building Area: 2,255
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,255
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHESTNUT RANCH
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 3 CHESTNUT RANCH

Ownership

  • Current Owner : BENEDICT KENNETH W
  • Current Owner 2: GALLAGHER BARBARA ANN
  • Previous Owner : 1318 N CHESTNUT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 001104

Zoning

  • Zoning: R1-6 HS

Geography

  • Assessors Map Reference: MP: 4121
  • Parcel: 74121-03-136
  • Lot: 3
  • Municipality: COLO SPGS SCHOOL NO 11
  • Latitude: 38.8529
  • Longitude: -104.836

    Address

  • Full Address: 1340 N Chestnut St
  • Address - House Number: 1340
  • Street Direction: N
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C015
  • 4-Digit Zip Code: 1003
  • Zip Code: 80905

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $796
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 77
  • Final Value: 633,796
  • High Value: 745,564
  • Low Value: 522,028

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $613,700
  • First Open Lien Mortgage Lender: MID AMERICA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $613,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $204,593
  • Market Land Value: $57,000
  • Market Improvement Value: $147,593

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,220
  • Assessed Land Value: $3,960
  • Assessed Improvements Value: $10,260

    Sales

  • Current Sale Contract Date: Feb 08, 2022
  • Current Sale Recording Date: Feb 11, 2022
  • Current Sale Transaction ID: 11879662763
  • Current Sale Price: $646,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21380

    Last Sale Mortgage

  • First Mortgage Lender: MID AMERICA MORTGAGE INC
  • First Mortgage Transaction Date: Feb 11, 2022
  • First Mortgage Loan Amount: $613,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,529 ft²
$269/ft²
$679,900 Feb 11, 2023
-
$190/mo
House
4 Beds
3 Baths
5,371 ft²
$144/ft²
$775,000 Feb 16, 2023
-
$153/mo

About Old Colorado City


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Nearby Rentals

Unit for rent at

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,256 ft²
Listing by Manager
Unit for rent at

$1,865 /mo

  • 2 Beds
  • 1 Bath
  • 1,212 ft²
Listing by Beautiful Historical Building in Old North End Colorado Springs
Unit for rent at

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,041 ft²
Listing by Manager


Frequently Asked Questions

When was property at 1340 North Chestnut Street built and last sold?
The property at 1340 North Chestnut Street was built in 2021 and last sold on Feb 8, 2022 for $646,000.
How much is this home worth?
The estimated value of the home located at 1340 North Chestnut Street is $663,286.
What are some comparable homes to 1340 North Chestnut Street?
There are currently no comparable homes to 1340 North Chestnut Street.

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