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2344 Cinnabar Road

2344 Cinnabar Road, Colorado Springs, CO 80921
Sold Mar 22, 2019
$505,000
$452,000 by Draper & Kramer Mortgage Corp
Mortgage Due Sep 01, 2050
Sold Apr 06, 2011
$420,885
$405,800 by Era Mortgage
Mortgage Due May 01, 2041
Local assessors in Colorado Springs, CO have categorized 2344 Cinnabar Road as a residential type of property. The home was built in 2010 and is 14 years old. The property's lot size has been calculated to be 8,566 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2344 Cinnabar Road has a total of 4,088 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 1,408 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 772 sqft. There are 3 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 - B. The building has a gable or hip style roof that was made of composition shingle. Lots of stucco 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. 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, 2344 Cinnabar Road sold most recently in Mar 14, 2019 for a total of $505,000. If you work out the math, that's approximately a cost of $100.80 per sqft. Before that, the property was also sold for $420,885 in Apr 6, 2011. 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 $4,330 in taxes each year. 2344 Cinnabar Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $38,760. If we break it down further, the land itself was valued at $9,040. Improvements to the property, however, were assessed at a total of $29,720. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,408
  • Garage Type: Attached
  • Garage Square Area: 772
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,566
  • Total Building Area: 5,010
  • Gross Building Area: 5,206
  • Building Area: 4,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLYING HORSE NO 7
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 14 FLYING HORSE NO 7

Ownership

  • Current Owner : SHELTON BRIAN S
  • Current Owner 2: SHELTON HEATHER J
  • Previous Owner : DICKENS RICKY EVERETTE
  • Previous Owner 2: DICKENS OHN SAMANTHA
  • Owner Before Previous Owner: VANTAGE HOMES CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JGM
  • Census Tract: 007206

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Apr 12, 2066
  • Parcel: 62044-05-005
  • Lot: 14
  • Municipality: ACADEMY 20
  • Latitude: 39.0329
  • Longitude: -104.783

    Address

  • Full Address: 2344 Cinnabar Rd
  • Address - House Number: 2344
  • Address - Street Name: Cinnabar
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R075
  • 4-Digit Zip Code: 7009
  • Zip Code: 80921

Valuation

    Tax

  • Total Area: 4,238
  • Tax Year: 2022
  • Tax Amount: $4,330
  • Tax Rate Code Area: JGM

    Appraisal Valuation

  • Standard Deviation: 0.1103
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 751,593
  • High Value: 834,566
  • Low Value: 668,621

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $607,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 31, 2020
  • First Open Lien Mortgage Loan Amount: $452,000
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: ENT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 29, 2022
  • Second Open Lien Mortgage Loan Amount: $155,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 28, 2042

    Market Valuation

  • Market Total Value: $557,633
  • Market Land Value: $130,000
  • Market Improvement Value: $427,633

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,760
  • Assessed Land Value: $9,040
  • Assessed Improvements Value: $29,720

    Sales

  • Current Sale Contract Date: Mar 14, 2019
  • Current Sale Recording Date: Mar 22, 2019
  • Current Sale Transaction ID: 11591154850
  • Current Sale Price: $505,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219029328
  • Previous Sale Recording Date: Apr 06, 2011
  • Previous Sale Contract Date: Apr 06, 2011
  • Previous Sale Amount: $420,885
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Mortgage Transaction Date: Mar 22, 2019
  • First Mortgage Loan Amount: $454,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ERA MORTGAGE
  • Previous Mortgage Transaction Date: Apr 06, 2011
  • Previous Mortgage Loan Amount: $405,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2041

About Flying Horse Ranch



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Frequently Asked Questions

What neighborhood is 2344 Cinnabar Road located in?
The 2344 Cinnabar Road is a house located in the neighborhood of Flying Horse Ranch in Flying Horse Ranch, Colorado Springs.
What is the average sales price for listings in 2344 Cinnabar Road?
The average sales price for units in 2344 Cinnabar Road is $0 currently.

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