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1916 North Franklin Street

1916 North Franklin Street, Colorado Springs, CO 80907
Sold Dec 09, 2019
$316,000
$315,700 by Pennymac Loan Services Llc
Mortgage Due Nov 01, 2050
Sold Mar 29, 2019
$296,500
1916 North Franklin Street in Colorado Springs, CO was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1916 North Franklin Street has 1,461 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 821 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 4,165 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The home has a gable or hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. While the interior walls are made of plaster. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1916 North Franklin Street was last sold in Dec 9, 2019 for $316,000. According to our calculations, that's $192.45 per sqft. Prior to that sales transaction, the property was sold for $296,500 in Mar 28, 2019. Current property owners are expected to pay $1,221 in taxes per year. The property on 1916 North Franklin Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $21,820. To break that down further, the land itself was valued at $4,170. While improvements to the property were assessed at a total of $17,650. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 821
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,165
  • Total Building Area: 1,642
  • Gross Building Area: 1,695
  • Building Area: 1,461
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,461
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HASTINGS 9TH ADD
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 4 SUB OF LOT 7 BLK 7 HASTINGS 9TH ADD COLO SPGS

Ownership

  • Current Owner : SOUTH SUMMER
  • Previous Owner : BAKER CHARLES MEAD
  • Previous Owner 2: BAKER LYNN PAGE
  • Owner Before Previous Owner: TURNER MICHAEL R
  • Owner Before Previous Owner 2: TURNER KATHRYN S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 000900

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: May 14, 2066
  • Parcel: 64052-27-001
  • Block: 7
  • Lot: 4,7
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8608
  • Longitude: -104.811

    Address

  • Full Address: 1916 N Franklin St
  • Address - House Number: 1916
  • Street Direction: N
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C006
  • 4-Digit Zip Code: 7119
  • Zip Code: 80907

Valuation

    Tax

  • Total Area: 1,642
  • Tax Year: 2022
  • Tax Amount: $1,221
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1142
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 450,550
  • High Value: 502,010
  • Low Value: 399,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,700
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $315,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $313,922
  • Market Land Value: $60,000
  • Market Improvement Value: $253,922

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,820
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $17,650

    Sales

  • Current Sale Contract Date: Dec 09, 2019
  • Current Sale Recording Date: Dec 09, 2019
  • Current Sale Transaction ID: 11708366235
  • Current Sale Price: $316,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219155397
  • Previous Sale Recording Date: Mar 29, 2019
  • Previous Sale Contract Date: Mar 28, 2019
  • Previous Sale Amount: $296,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Dec 09, 2019
  • First Mortgage Loan Amount: $316,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2050

About East Colorado Springs



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Frequently Asked Questions

What neighborhood is 1916 North Franklin Street located in?
The 1916 North Franklin Street 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 1916 North Franklin Street?
The average sales price for units in 1916 North Franklin Street is $0 currently.

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