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2346 Elite Terrace

2346 Elite Terrace, Colorado Springs, CO 80920
Townhouse in Anderosa
Sold May 31, 2019
$280,000
$243,900 by First Guaranty Mortgage Corpor
Mortgage Due Mar 01, 2052
Sold May 08, 2017
Transfer
$255,000 by Meridian Home Mortgage Corp
Mortgage Due Jun 01, 2047
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2346 Elite Terrace has been categorized by the local assessors in Colorado Springs, CO as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2346 Elite Terrace has 1,558 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 2,175 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 410 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. 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 frame 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 building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 22, 2019 for $280,000. That's $102.00 per sqft. 2346 Elite Terrace was last assessed in 2022. The total value of the property was assessed at $20,820. Specifically, the land the property is located on was valued at $3,340. While improvements on the property were assessed at a total of $17,480. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,469. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick 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: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 3
  • Living Units: 1
  • Basement Type: Unspecified 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: 2,175
  • Total Building Area: 2,745
  • Gross Building Area: 2,745
  • Building Area: 1,558
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,558
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELITE TERRACE TOWNHOMES
  • Land Acres: 0.05
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 18 ELITE TERRACE TOWNHOMES CO SPGS

Ownership

  • Current Owner : VALERIEN THERESA
  • Previous Owner : CLEMENS JAMES E
  • Owner Before Previous Owner: CLEMENS JAMES E
  • 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: 63044-10-161
  • Lot: 18
  • Municipality: ACADEMY 20
  • Latitude: 38.9477
  • Longitude: -104.781

    Address

  • Full Address: 2346 Elite Ter
  • Address - House Number: 2346
  • 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: $1,469
  • Tax Rate Code Area: JDE

    Appraisal Valuation

  • Standard Deviation: 0.1286
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 85
  • Final Value: 432,406
  • High Value: 488,054
  • Low Value: 376,758

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $341,400
  • First Open Lien Mortgage Lender: FIRST GUARANTY MORTGAGE CORPOR
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Loan Amount: $243,900
  • 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: Mar 01, 2052
  • Second Open Lien Mortgage Lender: ENT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Feb 09, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $97,500
  • 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: Feb 28, 2043

    Market Valuation

  • Market Total Value: $299,545
  • Market Land Value: $48,000
  • Market Improvement Value: $251,545

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,820
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $17,480

    Sales

  • Current Sale Contract Date: May 22, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Transaction ID: 11610507940
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219059236
  • Previous Sale Recording Date: May 08, 2017
  • Previous Sale Contract Date: May 02, 2017
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: May 31, 2019
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: MERIDIAN HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 08, 2017
  • Previous Mortgage Loan Amount: $255,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Briargate



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Frequently Asked Questions

What neighborhood is 2346 Elite Terrace located in?
The 2346 Elite Terrace is a townhouse located in the neighborhood of Anderosa in Briargate, Colorado Springs.
What is the average sales price for listings in 2346 Elite Terrace?
The average sales price for units in 2346 Elite Terrace is $0 currently.

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