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1455 Iowa Avenue

1455 Iowa Avenue, Colorado Springs, CO 80909
Sold Feb 12, 2019
$265,000
$315,876 by Pivot Lending Group
Mortgage Due Apr 01, 2052
Sold Apr 01, 1985
Transfer
Local assessors in Colorado Springs, CO have categorized 1455 Iowa Avenue as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 8,924 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1455 Iowa Avenue has a total of 1,735 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 432 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of masonry were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1455 Iowa Avenue sold most recently in Feb 8, 2019 for a total of $265,000. If you work out the math, that's approximately a cost of $128.95 per sqft. 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 $1,163 in taxes each year. 1455 Iowa Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,790. 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 $18,010. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 432
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,924
  • Total Building Area: 2,055
  • Gross Building Area: 2,118
  • Building Area: 1,735
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,735
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEN-MOR TERRACE SUB FIL 1
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 1 BLK 5 BEN-MOR TERRACE SUB FIL 1 COLO SPGS

Ownership

  • Current Owner : HERRERA VANESSA L
  • Current Owner 2: HERRERA JOHN T
  • Previous Owner : T G INC
  • 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: 000700

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Sep 14, 2066
  • Parcel: 64092-04-002
  • Block: 5
  • Lot: 1
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8539
  • Longitude: -104.789

    Address

  • Full Address: 1455 Iowa Ave
  • Address - House Number: 1455
  • Address - Street Name: Iowa
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C010
  • 4-Digit Zip Code: 2906
  • Zip Code: 80909

Valuation

    Tax

  • Total Area: 1,767
  • Tax Year: 2022
  • Tax Amount: $1,163
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1157
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 87
  • Final Value: 421,523
  • High Value: 470,310
  • Low Value: 372,736

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $321,863
  • First Open Lien Mortgage Lender: PIVOT LENDING GROUP
  • First Open Lien Mortgage Recording Date: Mar 15, 2022
  • First Open Lien Mortgage Loan Amount: $315,876
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jul 31, 2023
  • Second Open Lien Mortgage Loan Amount: $5,987
  • Second Open Lien Mortgage Term: 344
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $299,136
  • Market Land Value: $40,000
  • Market Improvement Value: $259,136

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,790
  • Assessed Land Value: $2,780
  • Assessed Improvements Value: $18,010

    Sales

  • Current Sale Contract Date: Feb 08, 2019
  • Current Sale Recording Date: Feb 12, 2019
  • Current Sale Transaction ID: 11569618703
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219014886
  • Previous Sale Recording Date: Apr 01, 1985
  • Previous Sale Contract Date: Apr 01, 1985
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Feb 12, 2019
  • First Mortgage Loan Amount: $260,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2049

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Frequently Asked Questions

What neighborhood is 1455 Iowa Avenue located in?
The 1455 Iowa Avenue is a house located in the neighborhood of Divine Redeemer in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1455 Iowa Avenue?
The average sales price for units in 1455 Iowa Avenue is $0 currently.

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