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2003 Sussex Lane

2003 Sussex Lane, Colorado Springs, CO 80909
Townhouse in Palmer Park
Sold Aug 08, 2019
$210,000
$211,000 by Bay Equity Llc
Mortgage Due Dec 01, 2050
Sold Jul 19, 2016
$154,000
$157,311 by Bay Equity Llc
Mortgage Due Aug 01, 2046
2003 Sussex Lane 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 1978 and is 46 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2003 Sussex Lane has 2,312 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 674 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 1,422 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 506 sqft. According to our sources, there are a total of 2 available parking spaces. 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 roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central 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. 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, 2003 Sussex Lane sold most recently in Jul 12, 2019 for a total of $210,000. If you work out the math, that's approximately a cost of $73.12 per sqft. Before that, the property was also sold for $154,000 in Jul 11, 2016. 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 $945 in taxes each year. 2003 Sussex Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $16,890. If we break it down further, the land itself was valued at $3,480. Improvements to the property, however, were assessed at a total of $13,410. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 674
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,422
  • Total Building Area: 2,872
  • Gross Building Area: 2,872
  • Building Area: 2,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE COACHMAN TOWNHOMES SUB
  • Land Acres: 0.033
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 15 BLK 2 THE COACHMAN TOWNHOMES SUB COLO SPGS

Ownership

  • Current Owner : SMITH ALYSSA R
  • Current Owner 2: HONEYCUTT CHRISTOPHER
  • Previous Owner : GONZALEZ DANIEL J
  • Owner Before Previous Owner: HELEN HEIT TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 000102

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Mar 14, 2066
  • Parcel: 64031-07-099
  • Block: 2
  • Lot: 15
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8619
  • Longitude: -104.759

    Address

  • Full Address: 2003 Sussex Ln
  • Address - House Number: 2003
  • Address - Street Name: Sussex
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C034
  • 4-Digit Zip Code: 1524
  • Zip Code: 80909

Valuation

    Tax

  • Total Area: 2,366
  • Tax Year: 2022
  • Tax Amount: $945
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.138
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 83
  • Final Value: 365,676
  • High Value: 416,156
  • Low Value: 315,195

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Loan Amount: $211,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $243,005
  • Market Land Value: $50,000
  • Market Improvement Value: $193,005

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,890
  • Assessed Land Value: $3,480
  • Assessed Improvements Value: $13,410

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Aug 08, 2019
  • Current Sale Transaction ID: 11635648366
  • Current Sale Price: $210,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 219092086
  • Previous Sale Recording Date: Jul 19, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Aug 08, 2019
  • First Mortgage Loan Amount: $206,196
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BAY EQUITY LLC
  • Previous Mortgage Transaction Date: Jul 19, 2016
  • Previous Mortgage Loan Amount: $157,311
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2046

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Frequently Asked Questions

What neighborhood is 2003 Sussex Lane located in?
The 2003 Sussex Lane is a townhouse located in the neighborhood of Palmer Park in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2003 Sussex Lane?
The average sales price for units in 2003 Sussex Lane is $0 currently.

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