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2344 Elite Terrace

2344 Elite Terrace, Colorado Springs, CO 80920
Townhouse in Anderosa
Sold Jun 25, 2019
$300,000
$324,000 by Nationstar Mortgage Llc
Mortgage Due Dec 01, 2051
Sold Mar 02, 1998
$148,000
$108,000 by Americas Wholesale Lndr
Mortgage Due Mar 01, 2028
2344 Elite Terrace in Colorado Springs, CO was first built in 1993 and is 31 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2344 Elite Terrace has 2,285 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. The basement is 777 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 2,227 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 410 sqft. There are a total of 2 available parking spaces. 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 wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2344 Elite Terrace was last sold in Jun 24, 2019 for $300,000. According to our calculations, that's $109.29 per sqft. Prior to that sales transaction, the property was sold for $148,000 in Feb 25, 1998. Current property owners are expected to pay $1,474 in taxes per year. The property on 2344 Elite Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,880. To break that down further, the land itself was valued at $3,340. While improvements to the property were assessed at a total of $17,540. 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. 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. 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.

Building Features

Exterior

Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • 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: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 777
  • Garage Type: Attached
  • Garage Square Area: 410
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 2,227
  • Total Building Area: 2,745
  • Gross Building Area: 2,745
  • Building Area: 2,285
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,285
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELITE TERRACE TOWNHOMES
  • Land Acres: 0.051
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 17 ELITE TERRACE TOWNHOMES CO SPGS

Ownership

  • Current Owner : BENNETT KATHERINE
  • Current Owner 2: HEILMAN WAYNE JOHN
  • Previous Owner : ZURUN NICHOLAS B
  • Owner Before Previous Owner: BROWNING GAIL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JDE
  • Census Tract: 003906

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Apr 13, 2066
  • Parcel: 63044-10-160
  • Lot: 17
  • Municipality: ACADEMY 20
  • Latitude: 38.9477
  • Longitude: -104.781

    Address

  • Full Address: 2344 Elite Ter
  • Address - House Number: 2344
  • Address - Street Name: Elite
  • Address - Suffix Type: Ter
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R029
  • 4-Digit Zip Code: 3859
  • Zip Code: 80920

Valuation

    Tax

  • Total Area: 2,335
  • Tax Year: 2022
  • Tax Amount: $1,474
  • Tax Rate Code Area: JDE

    Appraisal Valuation

  • Standard Deviation: 0.1098
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 434,253
  • High Value: 481,977
  • Low Value: 386,529

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,000
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $324,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $300,337
  • Market Land Value: $48,000
  • Market Improvement Value: $252,337

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,880
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $17,540

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jun 25, 2019
  • Current Sale Transaction ID: 11619135095
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219070625
  • Previous Sale Recording Date: Mar 02, 1998
  • Previous Sale Contract Date: Feb 25, 1998
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Jun 25, 2019
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: Mar 02, 1998
  • Previous Mortgage Loan Amount: $108,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2028

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Frequently Asked Questions

What neighborhood is 2344 Elite Terrace located in?
The 2344 Elite Terrace is a townhouse located in the neighborhood of Anderosa in Briargate, Colorado Springs.
What is the average sales price for listings in 2344 Elite Terrace?
The average sales price for units in 2344 Elite Terrace is $0 currently.

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