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2340 North Academy Boulevard

2340 North Academy Boulevard, Colorado Springs, CO 80917
Commercial in Palmer Park
2340 North Academy Boulevard has been categorized by the local assessors in Colorado Springs, CO as a office type of property. The building on the property was first built in 1982 and is 42 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2340 North Academy Boulevard has 1,536 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 8,520 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. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 wood 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 inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 2340 North Academy Boulevard was last sold in Aug 14, 2020 for $375,000. According to our calculations, that's $244.14 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Apr 27, 1999. Current property owners are expected to pay $5,111 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 2340 North Academy Boulevard was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $91,340. To break that down further, the land itself was valued at $19,770. While improvements to the property were assessed at a total of $71,570. 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. 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.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200114
01/14/2020
Loft
-
-
$375,000
bedrooms
Loft
bathrooms
-
$375,000
08/14/2020
Sarah Gritsyna

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 864
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,520
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Office
  • Subdivision: PALMER PARK SUB 3 FIL 6
  • Land Acres: 0.196
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: LOT 8 BLK 5 PALMER PARK SUB 3 FIL 6 COLO SPGS

Ownership

  • Current Owner : ARENDS JASON
  • Current Owner 2: BUI MINH KHANG
  • Previous Owner : DEAN W SKARET LIVING TRUST
  • Owner Before Previous Owner: ADAMS WARD W
  • Owner Before Previous Owner 2: ADAMS SYLVIA L
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 000102

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: Mar 14, 2066
  • Parcel: 64031-07-001
  • Block: 5
  • Lot: 8
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8657
  • Longitude: -104.758

    Address

  • Full Address: 2340 N Academy Blvd
  • Address - House Number: 2340
  • Street Direction: N
  • Address - Street Name: Academy
  • Address - Suffix Type: Blvd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C028
  • 4-Digit Zip Code: 1512
  • Zip Code: 80909

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,111
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: FBC

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,205
  • First Open Lien Mortgage Lender: PIKES PEAK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Loan Amount: $305,205
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Aug 14, 2030

    Market Valuation

  • Market Total Value: $314,937
  • Market Land Value: $68,160
  • Market Improvement Value: $246,777

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,340
  • Assessed Land Value: $19,770
  • Assessed Improvements Value: $71,570

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Transaction ID: 11781260250
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220123035
  • Previous Sale Recording Date: May 03, 1999
  • Previous Sale Contract Date: Apr 27, 1999
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PIKES PEAK NATIONAL BANK
  • First Mortgage Transaction Date: Aug 14, 2020
  • First Mortgage Loan Amount: $305,205
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Aug 14, 2030

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FAMILY FINANCIAL SERV
  • Previous Mortgage Transaction Date: May 03, 1999
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $279,304
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About East Colorado Springs



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Frequently Asked Questions

What neighborhood is 2340 North Academy Boulevard located in?
The 2340 North Academy Boulevard is a commercial located in the neighborhood of Palmer Park in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2340 North Academy Boulevard?
The average sales price for units in 2340 North Academy Boulevard is $375,000 currently.

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