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2057 Ripple Ridge Road

2057 Ripple Ridge Road, Colorado Springs, CO 80921
House in El Paso
Sold Jul 07, 2021
$1,185,000
$682,934 by Kirkpatrick Bank
Mortgage Due Oct 01, 2051
Sold Apr 06, 2018
$760,400
2057 Ripple Ridge Road 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 2014 and is 10 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2057 Ripple Ridge Road has 4,418 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 2,222 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 18,128 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 741 sqft. According to our sources, there are a total of 3 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 B by the local assessor. The building has a gable style roof made of concrete. The exterior walls of the building are made of stucco. 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, 2057 Ripple Ridge Road sold most recently in Jun 30, 2021 for a total of $1,185,000. If you work out the math, that's approximately a cost of $227.32 per sqft. Before that, the property was also sold for $760,400 in Apr 4, 2018. 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 $5,267 in taxes each year. 2057 Ripple Ridge Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $47,150. If we break it down further, the land itself was valued at $12,510. Improvements to the property, however, were assessed at a total of $34,640. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Stone Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 2,222
  • Garage Type: Attached
  • Garage Square Area: 741
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 18,128
  • Total Building Area: 5,213
  • Gross Building Area: 5,477
  • Building Area: 4,418
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,418
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLYING HORSE NO 5 MILAN FIL NO 1
  • Land Acres: 0.416
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 2 FLYING HORSE NO 5 MILAN FIL NO 1

Ownership

  • Current Owner : MILLER TRACEY L
  • Current Owner 2: THOMAS STEVEN B
  • Previous Owner : LAMBERTO MICHAEL
  • Previous Owner 2: MARTYN PAMELA K
  • Owner Before Previous Owner: ELITYE PROPERTIES OF AMERICA INC CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JCO
  • Census Tract: 007206

Zoning

  • Zoning: PUD UV

Geography

  • Assessors Map Reference: MP: 2093
  • Parcel: 62093-01-023
  • Lot: 2
  • Municipality: ACADEMY 20
  • Latitude: 39.0137
  • Longitude: -104.788

    Address

  • Full Address: 2057 Ripple Ridge Rd
  • Address - House Number: 2057
  • Address - Street Name: Ripple Ridge
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R094
  • 4-Digit Zip Code: 2018
  • Zip Code: 80921

Valuation

    Tax

  • Total Area: 4,472
  • Tax Year: 2022
  • Tax Amount: $5,267
  • Tax Rate Code Area: JCO

    Appraisal Valuation

  • Standard Deviation: 0.1111
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 88
  • Final Value: 907,647
  • High Value: 1,008,493
  • Low Value: 806,801

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $934,269
  • First Open Lien Mortgage Lender: KIRKPATRICK BANK
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $682,934
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: CENTRAL TRUST BANK
  • Second Open Lien Mortgage Recording Date: Aug 31, 2022
  • Second Open Lien Mortgage Loan Amount: $251,335
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 30, 2042

    Market Valuation

  • Market Total Value: $678,366
  • Market Land Value: $180,000
  • Market Improvement Value: $498,366

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,150
  • Assessed Land Value: $12,510
  • Assessed Improvements Value: $34,640

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Transaction ID: 11841904794
  • Current Sale Price: $1,185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221129957
  • Previous Sale Recording Date: Apr 06, 2018
  • Previous Sale Contract Date: Apr 04, 2018
  • Previous Sale Amount: $760,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KIRKPATRICK BANK
  • First Mortgage Transaction Date: Jul 07, 2021
  • First Mortgage Loan Amount: $685,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 2057 Ripple Ridge Road located in?
The 2057 Ripple Ridge Road is a house located in the neighborhood of El Paso in Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2057 Ripple Ridge Road?
The average sales price for units in 2057 Ripple Ridge Road is $0 currently.

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