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1406 Race Street

1406 Race Street, Colorado Springs, CO 80904
Multifamily in Old Colorado City
Sold Aug 06, 2019
$290,000
$217,500 by Ent Cu
Mortgage Due Sep 01, 2049
Sold Sep 05, 1991
$66,900
1406 Race Street in Colorado Springs, CO was first built in 1984 and is 40 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 duplex style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1406 Race Street has 1,704 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. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of composition shingle. For those who need parking, there is a garage. There is one available parking space. 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 a combination of material. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. 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, 1406 Race Street was last sold in Aug 2, 2019 for $290,000. According to our calculations, that's $170.19 per sqft. Prior to that sales transaction, the property was sold for $66,900 in Sep 5, 1991. Current property owners are expected to pay $998 in taxes per year. The property on 1406 Race Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $17,840. To break that down further, the land itself was valued at $4,080. While improvements to the property were assessed at a total of $13,760. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Masonite Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,704
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHAPIRO SUB
  • Land Acres: 0.172
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 2 SHAPIRO SUB COLO SPGS

Ownership

  • Current Owner : RARIG JILL
  • Current Owner 2: RARIG TERRELL
  • Previous Owner : ELLIS CARROL J
  • 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: 002401

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 74151-10-017
  • Lot: 2
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.835
  • Longitude: -104.869

    Address

  • Full Address: 1406 Race St
  • Address - House Number: 1406
  • Address - Street Name: Race
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C006
  • 4-Digit Zip Code: 4159
  • Zip Code: 80904

Valuation

    Tax

  • Total Area: 1,704
  • Tax Year: 2022
  • Tax Amount: $998
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1203
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 438,441
  • High Value: 491,195
  • Low Value: 385,686

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,500
  • First Open Lien Mortgage Lender: ENT CU
  • First Open Lien Mortgage Recording Date: Aug 06, 2019
  • First Open Lien Mortgage Loan Amount: $217,500
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $262,407
  • Market Land Value: $60,000
  • Market Improvement Value: $202,407

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,840
  • Assessed Land Value: $4,080
  • Assessed Improvements Value: $13,760

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 06, 2019
  • Current Sale Transaction ID: 11635203285
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219090798
  • Previous Sale Recording Date: Sep 05, 1991
  • Previous Sale Contract Date: Sep 05, 1991
  • Previous Sale Amount: $66,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENT CU
  • First Mortgage Transaction Date: Aug 06, 2019
  • First Mortgage Loan Amount: $217,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Old Colorado City



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Nearby Rentals

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533 Superior St #535 Superior St, Colorado Springs, CO, 80904 Listing by Manager

Frequently Asked Questions

What neighborhood is 1406 Race Street located in?
The 1406 Race Street is a multifamily located in the neighborhood of Old Colorado City in Old Colorado City, Colorado Springs.
What is the average sales price for listings in 1406 Race Street?
The average sales price for units in 1406 Race Street is $0 currently.

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