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2020 Palm Drive

2020 Palm Drive, Colorado Springs, CO 80918
Townhouse in Garden Ranch
Sold Nov 13, 2020
$310,000
$248,000 by Ent Cu
Mortgage Due Dec 01, 2050
Sold Sep 10, 2019
$268,000
$263,145 by Academy Mortgage Corp
Mortgage Due Oct 01, 2049
2020 Palm Drive 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 1984 and is 40 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 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2020 Palm Drive has 1,803 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 657 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 1,074 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 242 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a 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 style roof made of composition shingle. The exterior walls of the building are made of wood siding. 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. 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, 2020 Palm Drive was last sold in Nov 12, 2020 for $310,000. According to our calculations, that's $142.46 per sqft. Prior to that sales transaction, the property was sold for $268,000 in Sep 5, 2019. Current property owners are expected to pay $1,066 in taxes per year. The property on 2020 Palm Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $19,050. To break that down further, the land itself was valued at $3,480. While improvements to the property were assessed at a total of $15,570. 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. 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.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

Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 657
  • Garage Type: Attached
  • Garage Square Area: 242
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,074
  • Total Building Area: 2,176
  • Gross Building Area: 2,176
  • Building Area: 1,803
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,803
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNION BLUFFS FIL NO 1, PHASE 26 AND 3
  • Land Acres: 0.025
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 6 UNION BLUFFS FIL NO 1, PHASE 26 AND 3

Ownership

  • Current Owner : YLITALO EMILY
  • Previous Owner : RICHERT JONATHAN
  • Owner Before Previous Owner: LEWIS FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 007802

Zoning

  • Zoning: PUD HS

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63282-02-080
  • Lot: 6
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8926
  • Longitude: -104.787

    Address

  • Full Address: 2020 Palm Dr
  • Address - House Number: 2020
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C002
  • 4-Digit Zip Code: 7807
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 1,934
  • Tax Year: 2022
  • Tax Amount: $1,066
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1234
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 86
  • Final Value: 392,099
  • High Value: 440,505
  • Low Value: 343,693

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,000
  • First Open Lien Mortgage Lender: ENT CU
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Loan Amount: $248,000
  • 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: $274,070
  • Market Land Value: $50,000
  • Market Improvement Value: $224,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,050
  • Assessed Land Value: $3,480
  • Assessed Improvements Value: $15,570

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Transaction ID: 11799600860
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220184265
  • Previous Sale Recording Date: Sep 10, 2019
  • Previous Sale Contract Date: Sep 05, 2019
  • Previous Sale Amount: $268,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENT CU
  • First Mortgage Transaction Date: Nov 13, 2020
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 10, 2019
  • Previous Mortgage Loan Amount: $263,145
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Northeast Colorado Springs



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Frequently Asked Questions

What neighborhood is 2020 Palm Drive located in?
The 2020 Palm Drive is a townhouse located in the neighborhood of Garden Ranch in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2020 Palm Drive?
The average sales price for units in 2020 Palm Drive is $0 currently.

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