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1367 Mears Drive

1367 Mears Drive, Colorado Springs, CO 80915
Property in Rustic Hills
Sold Jan 07, 2022
$354,000
Sold Sep 16, 2019
$279,500
$273,946 by Air Academy Fcu
Mortgage Due Oct 01, 2049
1367 Mears Drive in Colorado Springs, CO was first built in 1966 and is 58 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1367 Mears Drive has 1,602 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 882 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 9,000 square feet.

Learn more about the property and building on this page. 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 563 sqft. There are a total of 2 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 wood siding. 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. 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, 1367 Mears Drive sold most recently in Jan 4, 2022 for a total of $354,000. If you work out the math, that's approximately a cost of $149.68 per sqft. Before that, the property was also sold for $279,500 in Sep 11, 2019. 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 $1,047 in taxes each year. The initial year of tax delinquency occurred in 2022. 1367 Mears Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $18,710. If we break it down further, the land itself was valued at $3,340. Improvements to the property, however, were assessed at a total of $15,370. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior
Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • 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: 882
  • Garage Type: Attached
  • Garage Square Area: 563
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 2,365
  • Gross Building Area: 2,365
  • Building Area: 1,602
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,602
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUSTIN ESTATES SUB 5 FIL 5
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 31 BLK 3 AUSTIN ESTATES SUB 5 FIL 5 COLO SPGS

Ownership

  • Current Owner : SER ACQUISITIONS 1 LLC
  • Previous Owner : ROCHA KELLIE
  • Previous Owner 2: ROCHA EDWARD
  • Owner Before Previous Owner: GAGNON ISAO K
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

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: 64111-07-016
  • Block: 3
  • Lot: 31
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8525
  • Longitude: -104.741

    Address

  • Full Address: 1367 Mears Dr
  • Address - House Number: 1367
  • Address - Street Name: Mears
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C004
  • 4-Digit Zip Code: 2148
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 1,802
  • Tax Year: 2022
  • Tax Amount: $1,047
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1448
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 82
  • Final Value: 382,768
  • High Value: 438,204
  • Low Value: 327,333

    Market Valuation

  • Market Total Value: $269,135
  • Market Land Value: $48,000
  • Market Improvement Value: $221,135

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,710
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $15,370

    Sales

  • Current Sale Contract Date: Jan 04, 2022
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Transaction ID: 11876975209
  • Current Sale Price: $354,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 222003750
  • Previous Sale Recording Date: Sep 16, 2019
  • Previous Sale Contract Date: Sep 11, 2019
  • Previous Sale Amount: $279,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AIR ACADEMY FCU
  • Previous Mortgage Transaction Date: Sep 16, 2019
  • Previous Mortgage Loan Amount: $273,946
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Powers



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Frequently Asked Questions

What neighborhood is 1367 Mears Drive located in?
The 1367 Mears Drive is a located in the neighborhood of Rustic Hills in Powers, Colorado Springs.
What is the average sales price for listings in 1367 Mears Drive?
The average sales price for units in 1367 Mears Drive is $0 currently.

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