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1671 Summernight Terrace

1671 Summernight Terrace, Colorado Springs, CO 80909
Sold Feb 25, 2021
$485,000
$415,740 by Fairway Independent Mortgage C
Mortgage Due Mar 01, 2051
Sold Jan 13, 2000
$88,000
1671 Summernight Terrace 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 1979 and is 45 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1671 Summernight Terrace has 2,886 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 540 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 8,255 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split 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 covered 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 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 stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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 Feb 12, 2021 for $485,000. That's $140.42 per sqft. Prior to that sales transaction, the property was also sold in Jan 6, 2000 for $88,000. 1671 Summernight Terrace was last assessed in 2022. The total value of the property was assessed at $20,160. Specifically, the land the property is located on was valued at $3,340. While improvements on the property were assessed at a total of $16,820. 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 $1,128. 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

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 540
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,255
  • Total Building Area: 3,454
  • Gross Building Area: 3,694
  • Building Area: 2,886
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,886
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERNIGHT SUBDIVISION
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 65 SUMMERNIGHT SUBDIVISION COLO SPGS

Ownership

  • Current Owner : DONAHUE ALEXANDER J
  • Current Owner 2: DONAHUE ALLISON L
  • Previous Owner : OCONNOR REBECCA B
  • Owner Before Previous Owner: MORLEY MICHAEL W
  • Owner Before Previous Owner 2: MORLEY ALICIA D
  • 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: 005900

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Feb 14, 2066
  • Parcel: 64023-02-043
  • Lot: 65
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8583
  • Longitude: -104.752

    Address

  • Full Address: 1671 Summernight Ter
  • Address - House Number: 1671
  • Address - Street Name: Summernight
  • Address - Suffix Type: Ter
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C029
  • 4-Digit Zip Code: 2729
  • Zip Code: 80909

Valuation

    Tax

  • Total Area: 2,340
  • Tax Year: 2022
  • Tax Amount: $1,128
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1216
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 86
  • Final Value: 486,963
  • High Value: 546,187
  • Low Value: 427,738

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $415,740
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Feb 25, 2021
  • First Open Lien Mortgage Loan Amount: $415,740
  • 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, 2051

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $48,000
  • Market Improvement Value: $242,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,160
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $16,820

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Transaction ID: 11820780410
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221037636
  • Previous Sale Recording Date: Jan 13, 2000
  • Previous Sale Contract Date: Jan 06, 2000
  • Previous Sale Amount: $88,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Feb 25, 2021
  • First Mortgage Loan Amount: $415,740
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Powers



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Frequently Asked Questions

What neighborhood is 1671 Summernight Terrace located in?
The 1671 Summernight Terrace is a house located in the neighborhood of Rustic Hills in Powers, Colorado Springs.
What is the average sales price for listings in 1671 Summernight Terrace?
The average sales price for units in 1671 Summernight Terrace is $0 currently.

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