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1670 Fairoak Drive

1670 Fairoak Drive, Colorado Springs, CO 80918
House in Pulpit Rock
Sold Feb 11, 2022
$530,000
$360,000 by First Mortgage Solutions Llc
Mortgage Due Mar 01, 2052
Sold Nov 02, 2018
$358,000
$286,400 by Caliber Home Loans Inc
Mortgage Due Nov 01, 2048
Local assessors in Colorado Springs, CO have categorized 1670 Fairoak Drive as a residential type of property. The home was built in 1976 and is 48 years old. It was most recently renovated and altered in 1998. The property's lot size has been calculated to be 11,700 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-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, 4 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1670 Fairoak Drive has a total of 2,082 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 716 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 both a 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 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 - C. The building has a gable or hip style roof that was made of wood shake/ shingles. Lots of wood siding 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. The property was last sold in Feb 11, 2022 for $530,000. That's $189.42 per sqft. Prior to that sales transaction, the property was also sold in Oct 29, 2018 for $358,000. 1670 Fairoak Drive was last assessed in 2022. The total value of the property was assessed at $27,130. Specifically, the land the property is located on was valued at $6,440. While improvements on the property were assessed at a total of $20,690. 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 $1,518. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,259
  • Garage Type: Attached
  • Garage Square Area: 716
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 11,700
  • Total Building Area: 2,798
  • Gross Building Area: 2,798
  • Building Area: 2,082
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,082
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ERINDALE SUB FIL NO 6
  • Land Acres: 0.269
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 11 BLK 2 ERINDALE SUB FIL NO 6

Ownership

  • Current Owner : PILATO KARL MICHAEL
  • Current Owner 2: WU YIHENG YVONNE
  • Previous Owner : MENEGOCCI JR CARLOS A
  • Owner Before Previous Owner: NIETO JUAN A
  • Owner Before Previous Owner 2: NIETO SUMMER KELLINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 007700

Zoning

  • Zoning: R1-6 HS

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63171-11-020
  • Block: 2
  • Lot: 11
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9205
  • Longitude: -104.797

    Address

  • Full Address: 1670 Fairoak Dr
  • Address - House Number: 1670
  • Address - Street Name: Fairoak
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C011
  • 4-Digit Zip Code: 3327
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 2,082
  • Tax Year: 2022
  • Tax Amount: $1,518
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1091
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 89
  • Final Value: 536,537
  • High Value: 595,075
  • Low Value: 477,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: FIRST MORTGAGE SOLUTIONS LLC
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $390,363
  • Market Land Value: $92,600
  • Market Improvement Value: $297,763

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,130
  • Assessed Land Value: $6,440
  • Assessed Improvements Value: $20,690

    Sales

  • Current Sale Contract Date: Feb 11, 2022
  • Current Sale Recording Date: Feb 11, 2022
  • Current Sale Transaction ID: 11879662173
  • Current Sale Price: $530,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21023
  • Previous Sale Recording Date: Nov 02, 2018
  • Previous Sale Contract Date: Oct 29, 2018
  • Previous Sale Amount: $358,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MORTGAGE SOLUTIONS LLC
  • First Mortgage Transaction Date: Feb 11, 2022
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Nov 02, 2018
  • Previous Mortgage Loan Amount: $286,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2048

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Frequently Asked Questions

What neighborhood is 1670 Fairoak Drive located in?
The 1670 Fairoak Drive is a house located in the neighborhood of Pulpit Rock in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 1670 Fairoak Drive?
The average sales price for units in 1670 Fairoak Drive is $0 currently.

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