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2125 North 7th Street

2125 North 7th Street, Colorado Springs, CO 80907
Sold May 11, 2021
Transfer
$259,462 by T2 Financial Llc
Mortgage Due May 01, 2051
Sold Oct 24, 2019
$251,000
$246,453 by Caliber Home Loans Inc
Mortgage Due Nov 01, 2049
2125 North 7th Street 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 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2125 North 7th Street has 898 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 432 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 7,500 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 detached garage for those who require parking. The garage measured 160 sqft. 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 C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $251,000 in Oct 11, 2019. Current property owners are expected to pay $1,131 in taxes per year. The property on 2125 North 7th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,210. To break that down further, the land itself was valued at $2,970. While improvements to the property were assessed at a total of $17,240. 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. 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. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 432
  • Garage Type: Detached
  • Garage Square Area: 160
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,200
  • Gross Building Area: 1,385
  • Building Area: 898
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 898
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSWELL CITY ADD
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: W 100 FT OF LOTS 1, 2, 3 BLK 16 ROSWELL CITY ADD COLO SPGS

Ownership

  • Current Owner : MCLEAN BAILEY JANE
  • Current Owner 2: TEMPLETON DAMION TROY
  • Previous Owner : MCLEAN BAILEY
  • Owner Before Previous Owner: CAMPBELL FLORENCE GAIL
  • 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: 001104

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Jan 14, 2067
  • Parcel: 74011-18-012
  • Block: 16
  • Lot: 1,2,3
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.864
  • Longitude: -104.837

    Address

  • Full Address: 2125 N 7th St
  • Address - House Number: 2125
  • Street Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C022
  • 4-Digit Zip Code: 6605
  • Zip Code: 80907

Valuation

    Tax

  • Total Area: 1,200
  • Tax Year: 2022
  • Tax Amount: $1,131
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1326
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 84
  • Final Value: 394,042
  • High Value: 446,294
  • Low Value: 341,790

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $259,462
  • First Open Lien Mortgage Lender: T2 FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $259,462
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $290,815
  • Market Land Value: $42,800
  • Market Improvement Value: $248,015

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,210
  • Assessed Land Value: $2,970
  • Assessed Improvements Value: $17,240

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11834499632
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 221092969
  • Previous Sale Recording Date: Oct 24, 2019
  • Previous Sale Contract Date: Oct 11, 2019
  • Previous Sale Amount: $251,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: T2 FINANCIAL LLC
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $259,462
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Oct 24, 2019
  • Previous Mortgage Loan Amount: $246,453
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2049

About Old Colorado City



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Frequently Asked Questions

What neighborhood is 2125 North 7th Street located in?
The 2125 North 7th Street is a house located in the neighborhood of Indian Heights in Old Colorado City, Colorado Springs.
What is the average sales price for listings in 2125 North 7th Street?
The average sales price for units in 2125 North 7th Street is $0 currently.

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