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1550 Mt Woodmen Court

1550 Mt Woodmen Court, Colorado Springs, CO 80919
Property in Discovery
Sold Jun 20, 2023
$650,000
$455,000 by Guaranteed Rate, Inc.
Mortgage Due Jul 01, 2053
Sold Jul 15, 1996
$234,000
$154,000 by Norwest Mtg
Mortgage Due Aug 01, 2026
1550 Mt Woodmen Court has been categorized by the local assessors in Colorado Springs, CO as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1550 Mt Woodmen Court has 3,184 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 30,210 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gambrel style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. 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, 1550 Mt Woodmen Court sold most recently in Jun 16, 2023 for a total of $650,000. If you work out the math, that's approximately a cost of $164.31 per sqft. Before that, the property was also sold for $234,000 in Jul 8, 1996. 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 $1,619 in taxes each year. 1550 Mt Woodmen Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $31,420. If we break it down further, the land itself was valued at $6,810. Improvements to the property, however, were assessed at a total of $24,610. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

Stucco Exterior
Wood Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 244
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 30,210
  • Total Building Area: 3,956
  • Gross Building Area: 3,956
  • Building Area: 3,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 3,184
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNT WOODMEN ESTATES FIL NO 4
  • Land Acres: 0.694
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 14 SUBJ TO PERPETUAL R/W AND EASEMENT BY BK 3423-774 MOUNT WOODMEN ESTATES FIL NO 4 COLO SPGS

Ownership

  • Current Owner : OLIVER RYAN J
  • Previous Owner : NEAL BRUCE R
  • Owner Before Previous Owner: DOUGLAS SWARTZENDRUBER
  • Owner Before Previous Owner 2: DOUGLAS RHONDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JCV
  • Census Tract: 003702

Zoning

  • Zoning: PUD HS

Geography

  • Assessors Map Reference: Nov 13, 2067
  • Parcel: 73111-07-028
  • Lot: 14
  • Municipality: ACADEMY 20
  • Latitude: 38.9399
  • Longitude: -104.858

    Address

  • Full Address: 1550 Mount Woodmen Ct
  • Address - House Number: 1550
  • Address - Street Name: Mount Woodmen
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C043
  • 4-Digit Zip Code: 1029
  • Zip Code: 80919

Valuation

    Tax

  • Total Area: 3,428
  • Tax Year: 2022
  • Tax Amount: $1,619
  • Tax Rate Code Area: JCV

    Appraisal Valuation

  • Standard Deviation: 0.0649
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 96
  • Final Value: 700,201
  • High Value: 745,656
  • Low Value: 654,747

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $455,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Jun 20, 2023
  • First Open Lien Mortgage Loan Amount: $455,000
  • 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, 2053

    Market Valuation

  • Market Total Value: $452,113
  • Market Land Value: $98,000
  • Market Improvement Value: $354,113

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,420
  • Assessed Land Value: $6,810
  • Assessed Improvements Value: $24,610

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 20, 2023
  • Current Sale Transaction ID: 11908230339
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 51938
  • Previous Sale Recording Date: Jul 15, 1996
  • Previous Sale Contract Date: Jul 08, 1996
  • Previous Sale Amount: $234,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Jun 20, 2023
  • First Mortgage Loan Amount: $455,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MTG
  • Previous Mortgage Transaction Date: Jul 15, 1996
  • Previous Mortgage Loan Amount: $154,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2026

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Frequently Asked Questions

What neighborhood is 1550 Mt Woodmen Court located in?
The 1550 Mt Woodmen Court is a located in the neighborhood of Discovery in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1550 Mt Woodmen Court?
The average sales price for units in 1550 Mt Woodmen Court is $0 currently.

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