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1407 Tappan Circle

1407 Tappan Circle, Colorado Springs, CO 80909
Multifamily in Rustic Hills
Sold Jun 30, 2020
$323,000
$242,250 by Dignified Home Loans
Mortgage Due Jul 01, 2050
Sold Mar 05, 2001
$130,000
$127,978 by Wells Fargo Home Mtg Inc
Mortgage Due Mar 01, 2031
1407 Tappan Circle in Colorado Springs, CO was first built in 1968 and is 56 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. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1407 Tappan Circle has 2,228 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 1,179 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 8,259 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable or hip style roof made of composition shingle. 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, 1407 Tappan Circle sold most recently in Jun 26, 2020 for a total of $323,000. If you work out the math, that's approximately a cost of $136.98 per sqft. Before that, the property was also sold for $130,000 in Feb 28, 2001. 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 $1,176 in taxes each year. 1407 Tappan Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,010. If we break it down further, the land itself was valued at $3,260. Improvements to the property, however, were assessed at a total of $17,750. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • 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: 2
  • Basement Type: Partial basement
  • Basement Area: 1,179
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,259
  • Total Building Area: 2,358
  • Gross Building Area: 2,358
  • Building Area: 2,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUSTIN ESTATES SUB 5 FIL 2
  • Land Acres: 0.19
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 16 BLK 2 AUSTIN ESTATES SUB 5 FIL 2

Ownership

  • Current Owner : RUDEBUSCH MITCHEL
  • Current Owner 2: RUDEBUSCH LEAH
  • Previous Owner : MEDRANO PHILLIP
  • Owner Before Previous Owner: MEDRANO SANDY J
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 006000

Zoning

  • Zoning: R2 AO APZ2

Geography

  • Assessors Map Reference: Nov 14, 2066
  • Parcel: 64112-03-004
  • Block: 2
  • Lot: 16
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8525
  • Longitude: -104.751

    Address

  • Full Address: 1407 Tappan Cir
  • Address - House Number: 1407
  • Address - Street Name: Tappan
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C036
  • 4-Digit Zip Code: 3523
  • Zip Code: 80909

Valuation

    Tax

  • Total Area: 2,358
  • Tax Year: 2022
  • Tax Amount: $1,176
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1272
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 85
  • Final Value: 496,715
  • High Value: 559,940
  • Low Value: 433,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,250
  • First Open Lien Mortgage Lender: DIGNIFIED HOME LOANS
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $242,250
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $308,957
  • Market Land Value: $48,000
  • Market Improvement Value: $260,957

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,010
  • Assessed Land Value: $3,260
  • Assessed Improvements Value: $17,750

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11770921399
  • Current Sale Price: $323,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220092035
  • Previous Sale Recording Date: Mar 05, 2001
  • Previous Sale Contract Date: Feb 28, 2001
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: DIGNIFIED HOME LOANS
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $242,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Mar 05, 2001
  • Previous Mortgage Loan Amount: $127,978
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2031

About Powers



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Frequently Asked Questions

What neighborhood is 1407 Tappan Circle located in?
The 1407 Tappan Circle is a multifamily located in the neighborhood of Rustic Hills in Powers, Colorado Springs.
What is the average sales price for listings in 1407 Tappan Circle?
The average sales price for units in 1407 Tappan Circle is $320,000 currently.

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