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1612 Palmer Park Boulevard

1612 Palmer Park Boulevard, Colorado Springs, CO 80909
Sold May 19, 2021
$415,000
$380,000 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2052
Sold Apr 04, 2017
$225,000
$217,490 by Academy Mortgage Corp
Mortgage Due May 01, 2047
1612 Palmer Park Boulevard 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 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 1999. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1612 Palmer Park Boulevard has 1,360 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 7,564 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 detached garage for those who require parking. The garage measured 308 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 C by the local assessor. The building has a gable or hip 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 plaster. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 19, 2021 for $415,000. That's $305.15 per sqft. Prior to that sales transaction, the property was also sold in Mar 31, 2017 for $225,000. 1612 Palmer Park Boulevard was last assessed in 2022. The total value of the property was assessed at $19,200. Specifically, the land the property is located on was valued at $4,170. While improvements on the property were assessed at a total of $15,030. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,074. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,564
  • Total Building Area: 1,360
  • Gross Building Area: 1,402
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESCENT VIEW ADD
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 2 BLK 1 S/A PLAT CRESCENT VIEW ADD COLO SPGS

Ownership

  • Current Owner : STEIGERWALD ADAM
  • Current Owner 2: JOHNSON BRITTAINY
  • Previous Owner : SULLARD SUSANNA L
  • Owner Before Previous Owner: BROADMOOR REALTY ACQUISIOTIONS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 000800

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Aug 14, 2066
  • Parcel: 64081-08-002
  • Block: 1
  • Lot: 2
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.852
  • Longitude: -104.798

    Address

  • Full Address: 1612 Palmer Park Blvd
  • Address - House Number: 1612
  • Address - Street Name: Palmer Park
  • Address - Suffix Type: Blvd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C040
  • 4-Digit Zip Code: 3626
  • Zip Code: 80909

Valuation

    Tax

  • Total Area: 1,360
  • Tax Year: 2022
  • Tax Amount: $1,074
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1243
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 86
  • Final Value: 428,877
  • High Value: 482,197
  • Low Value: 375,557

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 25, 2022
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Aug 01, 2052
  • Second Open Lien Mortgage Lender: ELEMENTS FINANCIAL FEDERAL CRE
  • Second Open Lien Mortgage Recording Date: Mar 03, 2023
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 292
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 15, 2047

    Market Valuation

  • Market Total Value: $276,219
  • Market Land Value: $60,000
  • Market Improvement Value: $216,219

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,200
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $15,030

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11836051281
  • Current Sale Price: $415,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 221099096
  • Previous Sale Recording Date: Apr 04, 2017
  • Previous Sale Contract Date: Mar 31, 2017
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 04, 2017
  • Previous Mortgage Loan Amount: $217,490
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2047

About East Colorado Springs



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Frequently Asked Questions

What neighborhood is 1612 Palmer Park Boulevard located in?
The 1612 Palmer Park Boulevard is a house located in the neighborhood of Patty Jewett in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1612 Palmer Park Boulevard?
The average sales price for units in 1612 Palmer Park Boulevard is $0 currently.

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