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2374 Lexington Village Lane

2374 Lexington Village Lane, Colorado Springs, CO 80916
Townhouse in Gateway Park
Sold Oct 10, 2018
$149,500
$250,000 by United Wholesale Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Jan 21, 1999
$71,500
Seller
$72,930 by Temple Inland Mtg Corp
Mortgage Due Feb 01, 2029
2374 Lexington Village Lane 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 1984 and is 40 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2374 Lexington Village Lane has 1,435 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 504 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 494 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. Residents will have the luxury of enjoying both a covered 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 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. 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, 2374 Lexington Village Lane was last sold in Oct 3, 2018 for $149,500. According to our calculations, that's $97.33 per sqft. Prior to that sales transaction, the property was sold for $71,500 in Jan 14, 1999. Current property owners are expected to pay $614 in taxes per year. The property on 2374 Lexington Village Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $11,380. To break that down further, the land itself was valued at $2,450. While improvements to the property were assessed at a total of $8,930. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • 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: 504
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 494
  • Total Building Area: 1,536
  • Gross Building Area: 1,568
  • Building Area: 1,435
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,435
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IN LEXINGTON VILLAGE CONDO PHASE V, SUPP
  • Land Acres: 0.011
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CONDOMINIUM UNIT 6, BLDG T-1, IN LEXINGTON VILLAGE CONDOMINIUMS PHASE V, SUPPLEMENT TWO, IN ACCORDANCE WITH THE CONDOMINIUM DECLARATION RECORDED MAY 22, 1984 IN BK 3873 AT PG 553 AND THE CONDOMINIUM PLAT RECORDED SEPTEMBER 10, 1984 IN PLAT BK 4 AT PG

Ownership

  • Current Owner : OBENCHAIN THOMAS SPENCER
  • Current Owner 2: OBENCHAIN SARAH AILEEN
  • Previous Owner : SOLIS JESUS A
  • Owner Before Previous Owner: REA DEBORAH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Harrison School District 2
  • School Tax School District: CB3
  • Census Tract: 006400

Zoning

  • Zoning: R5 AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64264-08-072
  • Lot: 6
  • Municipality: HARRISON 2
  • Latitude: 38.7986
  • Longitude: -104.744

    Address

  • Full Address: 2374 Lexington Village Ln
  • Address - House Number: 2374
  • Address - Street Name: Lexington Village
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C030
  • 4-Digit Zip Code: 4608
  • Zip Code: 80916

Valuation

    Tax

  • Total Area: 1,536
  • Tax Year: 2022
  • Tax Amount: $614
  • Tax Rate Code Area: CB3

    Appraisal Valuation

  • Standard Deviation: 0.0647
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 277,992
  • High Value: 295,984
  • Low Value: 260,001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $163,701
  • Market Land Value: $35,200
  • Market Improvement Value: $128,501

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,380
  • Assessed Land Value: $2,450
  • Assessed Improvements Value: $8,930

    Sales

  • Current Sale Contract Date: Oct 03, 2018
  • Current Sale Recording Date: Oct 10, 2018
  • Current Sale Transaction ID: 11520375264
  • Current Sale Price: $149,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218118062
  • Previous Sale Recording Date: Jan 21, 1999
  • Previous Sale Contract Date: Jan 14, 1999
  • Previous Sale Amount: $71,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Oct 10, 2018
  • First Mortgage Loan Amount: $99,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: TEMPLE INLAND MTG CORP
  • Previous Mortgage Transaction Date: Jan 21, 1999
  • Previous Mortgage Loan Amount: $72,930
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 01, 2029

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Frequently Asked Questions

What neighborhood is 2374 Lexington Village Lane located in?
The 2374 Lexington Village Lane is a townhouse located in the neighborhood of Gateway Park in Powers, Colorado Springs.
What is the average sales price for listings in 2374 Lexington Village Lane?
The average sales price for units in 2374 Lexington Village Lane is $0 currently.

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