Check Availability

205 Wallace Street

205 Wallace Street, Colorado Springs, CO 80911
Sold Nov 10, 2022
$365,000
$352,818 by Ent Credit Union
Mortgage Due Dec 01, 2052
Sold Sep 08, 2020
$310,000
$321,160 by Academy Mortgage Corp
Mortgage Due Sep 01, 2050
205 Wallace Street in Colorado Springs, CO was first built in 1986 and is 38 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 205 Wallace Street has 1,932 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 486 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 8,709 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 341 sqft. There is one available parking space. 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 wood siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 205 Wallace Street was last sold in Oct 28, 2022 for $365,000. According to our calculations, that's $159.88 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Aug 28, 2020. Current property owners are expected to pay $1,442 in taxes per year. The property on 205 Wallace Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $19,320. To break that down further, the land itself was valued at $3,340. While improvements to the property were assessed at a total of $15,980. 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

Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 486
  • Garage Type: Attached
  • Garage Square Area: 341
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,709
  • Total Building Area: 2,283
  • Gross Building Area: 2,311
  • Building Area: 1,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOUNTAIN VALLEY RANCH SUB FIL NO 1
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 9 BLK 5 FOUNTAIN VALLEY RANCH SUB FIL NO 1

Ownership

  • Current Owner : MICHELL SALENA ETHALENA ARN
  • Current Owner 2: MITCHELL NATHAN JAMES
  • Previous Owner : PORTILLO CHRISTOPHER A
  • Owner Before Previous Owner: STAATZ JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Widefield School District 3
  • School Tax School District: DDM
  • Census Tract: 004300

Zoning

  • Zoning: RS-6000 CA

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 65132-19-023
  • Block: 5
  • Lot: 9
  • Municipality: WIDEFIELD 3
  • Latitude: 38.7454
  • Longitude: -104.734

    Address

  • Full Address: 205 Wallace St
  • Address - House Number: 205
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C002
  • 4-Digit Zip Code: 3318
  • Zip Code: 80911

Valuation

    Tax

  • Total Area: 1,942
  • Tax Year: 2022
  • Tax Amount: $1,442
  • Tax Rate Code Area: DDM

    Appraisal Valuation

  • Standard Deviation: 0.1111
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 88
  • Final Value: 400,864
  • High Value: 445,403
  • Low Value: 356,325

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,818
  • First Open Lien Mortgage Lender: ENT CREDIT UNION
  • First Open Lien Mortgage Recording Date: Nov 10, 2022
  • First Open Lien Mortgage Loan Amount: $352,818
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $277,945
  • Market Land Value: $48,000
  • Market Improvement Value: $229,945

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,320
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $15,980

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Transaction ID: 11898623826
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 140377
  • Previous Sale Recording Date: Sep 08, 2020
  • Previous Sale Contract Date: Aug 28, 2020
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENT CREDIT UNION
  • First Mortgage Transaction Date: Nov 10, 2022
  • First Mortgage Loan Amount: $352,818
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 08, 2020
  • Previous Mortgage Loan Amount: $321,160
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About Fountain Valley



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 167 Judson St, Colorado Springs, CO, 80911

$2,100 /mo

  • 4 Beds
  • 2 Baths
  • 1,810 ft²
167 Judson St #167 Judson St, Colorado Springs, CO, 80911 Listing by Manager
Unit for rent at 109 Everett Dr, Colorado Springs, CO, 80911

$1,495 /mo

  • 3 Beds
  • 1 Bath
  • 1,072 ft²
109 Everett Dr #109 Everett Dr, Colorado Springs, CO, 80911 Listing by Manager
Unit for rent at 7195 Alegre Cir 3, Fountain, CO, 80817

$1,400 /mo

  • 2 Beds
  • 1 Bath
7195 Alegre Cir 3 #Unit 3, Fountain, CO, 80817 Listing by Manager
Unit for rent at 4211 Little Rock View, Colorado Springs, CO, 80911

$1,900 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,867 ft²
4211 Little Rock View #4211 Little Rock View, Colorado Springs, CO, 80911 Listing by Manager
Unit for rent at 5413 Marabou Way Back Bed, Colorado Springs, CO, 80911

$800 /mo

  • 1 Bed
  • 1 Bath
5413 Marabou Way Back Bed #Unit Back Bed, Colorado Springs, CO, 80911 Listing by Manager
Unit for rent at 6672 Provincial Drive, Fountain, CO, 80817

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
6672 Provincial Drive #6676-6672 Provincial Drive - 6676, Fountain, CO, 80817 Listing by Manager
Unit for rent at 4342 Witches Hollow Lane, Colorado Springs, CO, 80911

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,020 ft²
4342 Witches Hollow Lane #4342 Witches Hollow Lane, Colorado Springs, CO, 80911 Listing by Manager

Frequently Asked Questions

What neighborhood is 205 Wallace Street located in?
The 205 Wallace Street is a house located in the neighborhood of Fountain Valley Ranch in Fountain Valley, Colorado Springs.
What is the average sales price for listings in 205 Wallace Street?
The average sales price for units in 205 Wallace Street is $0 currently.

Quantcast