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1520 Ledge Rock Terrace

1520 Ledge Rock Terrace, Colorado Springs, CO 80919
Townhouse in Pinon Valley
Sold Feb 12, 2019
$290,000
$275,500 by Ent Cu
Mortgage Due Mar 01, 2049
Sold May 05, 2015
$245,000
$245,000 by Usaa Fsb
Mortgage Due Jun 01, 2045
Local assessors in Colorado Springs, CO have categorized 1520 Ledge Rock Terrace as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 3,103 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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, 2 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 are 2 full bathrooms. There are also 3 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 1520 Ledge Rock Terrace has a total of 1,836 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 1,200 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the 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 frame 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 - B. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. 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, 1520 Ledge Rock Terrace sold most recently in Feb 11, 2019 for a total of $290,000. If you work out the math, that's approximately a cost of $90.17 per sqft. Before that, the property was also sold for $245,000 in May 5, 2015. 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 $1,164 in taxes each year. 1520 Ledge Rock Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,810. If we break it down further, the land itself was valued at $3,480. Improvements to the property, however, were assessed at a total of $17,330. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,200
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 3,103
  • Total Building Area: 3,216
  • Gross Building Area: 3,216
  • Building Area: 1,836
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,836
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINON BLUFFS TOWNHOMES
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 6 PINON BLUFFS TOWNHOMES

Ownership

  • Current Owner : HOLLIDAY DAVID SCOTT
  • Previous Owner : KRICK ROBERT LEEDY
  • Previous Owner 2: KRICK CAROL A
  • Owner Before Previous Owner: FEDASTION STEPHEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 003710

Zoning

  • Zoning: PUD HS

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 73231-08-123
  • Lot: 6
  • Municipality: ACADEMY 20
  • Latitude: 38.9067
  • Longitude: -104.853

    Address

  • Full Address: 1520 Ledge Rock Ter
  • Address - House Number: 1520
  • Address - Street Name: Ledge Rock
  • Address - Suffix Type: Ter
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C046
  • 4-Digit Zip Code: 3343
  • Zip Code: 80919

Valuation

    Tax

  • Total Area: 2,816
  • Tax Year: 2022
  • Tax Amount: $1,164
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1138
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 432,368
  • High Value: 481,611
  • Low Value: 383,125

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $335,500
  • First Open Lien Mortgage Lender: ENT CU
  • First Open Lien Mortgage Recording Date: Feb 12, 2019
  • First Open Lien Mortgage Loan Amount: $275,500
  • 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: Mar 01, 2049
  • Second Open Lien Mortgage Lender: ENT CU
  • Second Open Lien Mortgage Recording Date: Jul 15, 2021
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2031

    Market Valuation

  • Market Total Value: $299,412
  • Market Land Value: $50,000
  • Market Improvement Value: $249,412

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,810
  • Assessed Land Value: $3,480
  • Assessed Improvements Value: $17,330

    Sales

  • Current Sale Contract Date: Feb 11, 2019
  • Current Sale Recording Date: Feb 12, 2019
  • Current Sale Transaction ID: 11569880952
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219014986
  • Previous Sale Recording Date: May 05, 2015
  • Previous Sale Contract Date: May 05, 2015
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENT CU
  • First Mortgage Transaction Date: Feb 12, 2019
  • First Mortgage Loan Amount: $275,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: May 05, 2015
  • Previous Mortgage Loan Amount: $245,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Northwest Colorado Springs



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Frequently Asked Questions

What neighborhood is 1520 Ledge Rock Terrace located in?
The 1520 Ledge Rock Terrace is a townhouse located in the neighborhood of Pinon Valley in Northwest Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1520 Ledge Rock Terrace?
The average sales price for units in 1520 Ledge Rock Terrace is $0 currently.

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