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2318 Laramie Drive

2318 Laramie Drive, Colorado Springs, CO 80910
Property in Pikes Peak Park
Sold Jun 26, 2023
$380,000
$366,300 by United Wholesale Mortgage Llc
Mortgage Due Jul 01, 2053
Sold Feb 10, 2023
$247,735
$222,962 by Pine Financial Group Inc
Mortgage
Local assessors in Colorado Springs, CO have categorized 2318 Laramie Drive as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 7,900 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2318 Laramie Drive has a total of 1,577 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 502 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 257 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. The home's a forced air unit is the primary heating source. 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, 2318 Laramie Drive sold most recently in Jun 22, 2023 for a total of $380,000. If you work out the math, that's approximately a cost of $196.48 per sqft. Before that, the property was also sold for $247,735 in Feb 10, 2023. 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 $941 in taxes each year. 2318 Laramie Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $17,450. If we break it down further, the land itself was valued at $2,780. Improvements to the property, however, were assessed at a total of $14,670. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Condition

New Construction

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood siding
  • 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: 502
  • Garage Type: Attached
  • Garage Square Area: 257
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,900
  • Total Building Area: 1,934
  • Gross Building Area: 1,934
  • Building Area: 1,577
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,577
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PIKES PEAK PARK SUB 11
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 42 BLK 2 PIKES PEAK PARK SUB 11 COLO SPGS

Ownership

  • Current Owner : MARTINEZ ELIZABETH
  • Previous Owner : NYSS HOLDINGS LLC
  • Owner Before Previous Owner: NURV LTD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Harrison School District 2
  • School Tax School District: CB3
  • Census Tract: 005400

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64273-11-042
  • Block: 2
  • Lot: 42
  • Municipality: HARRISON 2
  • Latitude: 38.7985
  • Longitude: -104.769

    Address

  • Full Address: 2318 Laramie Dr
  • Address - House Number: 2318
  • Address - Street Name: Laramie
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C010
  • 4-Digit Zip Code: 1228
  • Zip Code: 80910

Valuation

    Tax

  • Total Area: 1,677
  • Tax Year: 2022
  • Tax Amount: $941
  • Tax Rate Code Area: CB3

    Appraisal Valuation

  • Standard Deviation: 0.1157
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 87
  • Final Value: 365,974
  • High Value: 408,331
  • Low Value: 323,616

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,300
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 26, 2023
  • First Open Lien Mortgage Loan Amount: $366,300
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $251,026
  • Market Land Value: $40,000
  • Market Improvement Value: $211,026

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,450
  • Assessed Land Value: $2,780
  • Assessed Improvements Value: $14,670

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Transaction ID: 11908412465
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 53572
  • Previous Sale Recording Date: Feb 10, 2023
  • Previous Sale Contract Date: Feb 10, 2023
  • Previous Sale Amount: $247,735
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 26, 2023
  • First Mortgage Loan Amount: $366,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PINE FINANCIAL GROUP INC
  • Previous Mortgage Transaction Date: Feb 10, 2023
  • Previous Mortgage Loan Amount: $222,962
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 2318 Laramie Drive located in?
The 2318 Laramie Drive is a located in the neighborhood of Pikes Peak Park in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2318 Laramie Drive?
The average sales price for units in 2318 Laramie Drive is $0 currently.

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