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1502 Rainier Drive

1502 Rainier Drive, Colorado Springs, CO 80910
Sold Aug 31, 2020
$280,000
$274,928 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2050
Sold Jan 17, 1992
Transfer
1502 Rainier Drive in Colorado Springs, CO was first built in 1964 and is 60 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 ranch/rambler style. It is a single story home. There are a total of 9 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. 1502 Rainier Drive has 2,620 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 1,310 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 11,700 square feet.

Learn more about the property and building on this page. There is a patio. 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 440 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 masonry 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 masonry. 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. 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, 1502 Rainier Drive was last sold in Aug 21, 2020 for $280,000. According to our calculations, that's $91.50 per sqft. Current property owners are expected to pay $1,069 in taxes per year. The property on 1502 Rainier Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $19,820. To break that down further, the land itself was valued at $2,780. While improvements to the property were assessed at a total of $17,040. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • 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: Finished improved basement
  • Basement Area: 1,310
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,700
  • Total Building Area: 3,060
  • Gross Building Area: 3,060
  • Building Area: 2,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PIKES PEAK PARK SUB 5
  • Land Acres: 0.269
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 6 BLK 5 PIKES PEAK PARK SUB 5 COLO SPGS

Ownership

  • Current Owner : ACOSTA ARLENE
  • Current Owner 2: ACOSTA MAYRA C
  • Previous Owner : PRESTON MARY LEE
  • Previous Owner 2: ESTATE OF RUTH M PRESTON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Harrison School District 2
  • School Tax School District: CBF
  • Census Tract: 005300

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64281-02-001
  • Block: 5
  • Lot: 6
  • Municipality: HARRISON 2
  • Latitude: 38.8104
  • Longitude: -104.779

    Address

  • Full Address: 1502 Rainier Dr
  • Address - House Number: 1502
  • Address - Street Name: Rainier
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C008
  • 4-Digit Zip Code: 2014
  • Zip Code: 80910

Valuation

    Tax

  • Total Area: 2,620
  • Tax Year: 2022
  • Tax Amount: $1,069
  • Tax Rate Code Area: CBF

    Appraisal Valuation

  • Standard Deviation: 0.1327
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 84
  • Final Value: 433,839
  • High Value: 491,436
  • Low Value: 376,242

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,928
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 31, 2020
  • First Open Lien Mortgage Loan Amount: $274,928
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $285,193
  • Market Land Value: $40,000
  • Market Improvement Value: $245,193

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,820
  • Assessed Land Value: $2,780
  • Assessed Improvements Value: $17,040

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Transaction ID: 11784845473
  • Current Sale Price: $280,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 220132721
  • Previous Sale Recording Date: Jan 17, 1992
  • Previous Sale Contract Date: Jan 17, 1992
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Aug 31, 2020
  • First Mortgage Loan Amount: $274,928
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

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Frequently Asked Questions

What neighborhood is 1502 Rainier Drive located in?
The 1502 Rainier Drive is a house located in the neighborhood of Spring Creek in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1502 Rainier Drive?
The average sales price for units in 1502 Rainier Drive is $280,000 , or $107/sqft. currently.

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