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2325 Troy Court

2325 Troy Court, Colorado Springs, CO 80918
Property in Garden Ranch
Sold Jul 11, 2023
$490,000
$392,000 by Universal Lending Corp
Mortgage Due Aug 01, 2053
Sold Jan 03, 2023
$350,000
Local assessors in Colorado Springs, CO have categorized 2325 Troy Court as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 6,291 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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 are 3 full bathrooms. There are also 3 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 2325 Troy Court has a total of 1,536 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 1,332 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a covered 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 roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2325 Troy Court sold most recently in Jul 6, 2023 for a total of $490,000. If you work out the math, that's approximately a cost of $159.30 per sqft. Before that, the property was also sold for $350,000 in Dec 30, 2022. 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 $899 in taxes each year. The initial year of tax delinquency occurred in 2021. 2325 Troy Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,020. If we break it down further, the land itself was valued at $3,960. Improvements to the property, however, were assessed at a total of $19,060. 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

Exterior

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,332
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,291
  • Total Building Area: 3,076
  • Gross Building Area: 3,116
  • Building Area: 1,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMPUS COMMONS
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 9 CAMPUS COMMONS CO SPGS

Ownership

  • Current Owner : GARFINKEL MARK D
  • Current Owner 2: GARFINKEL MATTHEW
  • Previous Owner : CATAMOUNT PROPERTIES 2018 LLC
  • Owner Before Previous Owner: TRIGFROG LLC
  • 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: 007802

Zoning

  • Zoning: PUD HS

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63282-03-100
  • Lot: 9
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8936
  • Longitude: -104.786

    Address

  • Full Address: 2325 Troy Ct
  • Address - House Number: 2325
  • Address - Street Name: Troy
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C002
  • 4-Digit Zip Code: 7850
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 2,676
  • Tax Year: 2022
  • Tax Amount: $899
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.0647
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 482,207
  • High Value: 513,415
  • Low Value: 451,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,000
  • First Open Lien Mortgage Lender: UNIVERSAL LENDING CORP
  • First Open Lien Mortgage Recording Date: Jul 11, 2023
  • First Open Lien Mortgage Loan Amount: $392,000
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $331,176
  • Market Land Value: $57,000
  • Market Improvement Value: $274,176

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,020
  • Assessed Land Value: $3,960
  • Assessed Improvements Value: $19,060

    Sales

  • Current Sale Contract Date: Jul 06, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Transaction ID: 11909197227
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 57833
  • Previous Sale Recording Date: Jan 03, 2023
  • Previous Sale Contract Date: Dec 30, 2022
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL LENDING CORP
  • First Mortgage Transaction Date: Jul 11, 2023
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

About Northeast Colorado Springs



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Frequently Asked Questions

What neighborhood is 2325 Troy Court located in?
The 2325 Troy Court is a located in the neighborhood of Garden Ranch in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2325 Troy Court?
The average sales price for units in 2325 Troy Court is $0 currently.

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