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228 North Hancock Avenue

228 North Hancock Avenue, Colorado Springs, CO 80903
Sold Apr 16, 2021
$305,000
$208,354 by Wells Fargo Bank Na
Mortgage
Sold Nov 30, 2017
$240,000
$235,653 by Envoy Mortgage Ltd
Mortgage Due Dec 01, 2047
228 North Hancock Avenue in Colorado Springs, CO was first built in 1928 and is 96 years old. Although, the building on the property was most recently renovated and altered in 1994. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 228 North Hancock Avenue has 832 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. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 180 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 stucco. As for heating, the home is utilizing a gravity heating system. The property was last sold in Apr 14, 2021 for $305,000. That's $183.29 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2017 for $240,000. 228 North Hancock Avenue was last assessed in 2022. The total value of the property was assessed at $19,890. Specifically, the land the property is located on was valued at $3,610. While improvements on the property were assessed at a total of $16,280. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,113. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1994
  • 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
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 832
  • Garage Type: Detached
  • Garage Square Area: 180
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WARREN ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: S 35 1/2 FT OF LOT 20, N 15 FT OF LOT 19 REFIL OF BLK 2 WARREN ADD COLO SPGS

Ownership

  • Current Owner : ADAMS JAYNE MQELLA
  • Previous Owner : TORRES CHRISTINA M
  • Owner Before Previous Owner: FRALEY JONATHGAN D
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag Date: Jul 31, 2023

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 002700

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64172-12-007
  • Block: 2
  • Lot: 20,19
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8368
  • Longitude: -104.804

    Address

  • Full Address: 228 N Hancock Ave
  • Address - House Number: 228
  • Street Direction: N
  • Address - Street Name: Hancock
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C022
  • 4-Digit Zip Code: 3504
  • Zip Code: 80903

Valuation

    Tax

  • Total Area: 1,664
  • Tax Year: 2022
  • Tax Amount: $1,113
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 77
  • Final Value: 352,067
  • High Value: 413,755
  • Low Value: 290,378

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,354
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 24, 2023
  • First Open Lien Mortgage Loan Amount: $208,354
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $286,316
  • Market Land Value: $52,000
  • Market Improvement Value: $234,316

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,890
  • Assessed Land Value: $3,610
  • Assessed Improvements Value: $16,280

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Transaction ID: 11831346534
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221075496
  • Previous Sale Recording Date: Nov 30, 2017
  • Previous Sale Contract Date: Nov 30, 2017
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Apr 16, 2021
  • First Mortgage Loan Amount: $215,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ENVOY MORTGAGE LTD
  • Previous Mortgage Transaction Date: Nov 30, 2017
  • Previous Mortgage Loan Amount: $235,653
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2047

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Frequently Asked Questions

What neighborhood is 228 North Hancock Avenue located in?
The 228 North Hancock Avenue is a house located in the neighborhood of Memorial Park in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 228 North Hancock Avenue?
The average sales price for units in 228 North Hancock Avenue is $0 currently.

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