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223 North Chestnut Street

223 North Chestnut Street, Colorado Springs, CO 80905
Property in Westside
Sold Aug 28, 1997
$95,000
$96,900 by Peoples Mtg Corp
Mortgage Due Sep 01, 2027
Sold Sep 01, 1984
Transfer
223 North Chestnut 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 1899 and is 125 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 223 North Chestnut Street has 1,250 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,750 square feet.

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 240 sqft. According to our sources, there is one available parking space. 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 wood siding. While the interior walls have been made of plaster. 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, 223 North Chestnut Street was last sold in Aug 25, 1997 for $95,000. According to our calculations, that's $76.00 per sqft. Current property owners are expected to pay $718 in taxes per year. The property on 223 North Chestnut Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $19,780. To break that down further, the land itself was valued at $2,970. While improvements to the property were assessed at a total of $16,810. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1899
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,750
  • Total Building Area: 1,250
  • Gross Building Area: 1,342
  • Building Area: 1,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARRISHS ADD
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: N 47.5 FT OF S 95 FT OF LOT 1 BLK 2 PARRISHS ADD COLO SPGS

Ownership

  • Current Owner : GUILLOT JOHN W
  • Current Owner 2: MCDANIEL JAMIE K
  • Previous Owner : ROBERTA CARSCADEN
  • 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: 001500

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 74131-09-012
  • Block: 2
  • Lot: 1
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8379
  • Longitude: -104.836

    Address

  • Full Address: 223 N Chestnut St
  • Address - House Number: 223
  • Street Direction: N
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C013
  • 4-Digit Zip Code: 1322
  • Zip Code: 80905

Valuation

    Tax

  • Total Area: 1,250
  • Tax Year: 2022
  • Tax Amount: $718
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1478
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 82
  • Final Value: 430,554
  • High Value: 494,190
  • Low Value: 366,917

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $169,200
  • First Open Lien Mortgage Lender: PEOPLES MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 28, 1997
  • First Open Lien Mortgage Loan Amount: $96,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2027
  • Second Open Lien Mortgage Lender: AIR ACADEMY FCU
  • Second Open Lien Mortgage Recording Date: Nov 19, 2015
  • Second Open Lien Mortgage Loan Amount: $72,300
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2045

    Market Valuation

  • Market Total Value: $284,646
  • Market Land Value: $42,800
  • Market Improvement Value: $241,846

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,780
  • Assessed Land Value: $2,970
  • Assessed Improvements Value: $16,810

    Sales

  • Current Sale Contract Date: Aug 25, 1997
  • Current Sale Recording Date: Aug 28, 1997
  • Current Sale Transaction ID: 1064490410
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 097100180
  • Previous Sale Recording Date: Sep 01, 1984
  • Previous Sale Contract Date: Sep 01, 1984
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES MTG CORP
  • First Mortgage Transaction Date: Aug 28, 1997
  • First Mortgage Loan Amount: $96,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2027

About Old Colorado City



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Frequently Asked Questions

What neighborhood is 223 North Chestnut Street located in?
The 223 North Chestnut Street is a located in the neighborhood of Westside in Old Colorado City, Colorado Springs.
What is the average sales price for listings in 223 North Chestnut Street?
The average sales price for units in 223 North Chestnut Street is $0 currently.

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