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2406 West Vermijo Avenue

2406 West Vermijo Avenue, Colorado Springs, CO 80904
2406 West Vermijo Avenue 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 1948 and is 76 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2406 West Vermijo Avenue has 1,632 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 3,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. 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 masonry 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 a wall air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in Jan 4, 2021 for $565,000. That's $346.20 per sqft. Prior to that sales transaction, the property was also sold in Apr 27, 2015 for $50,000. 2406 West Vermijo Avenue was last assessed in 2022. The total value of the property was assessed at $22,530. Specifically, the land the property is located on was valued at $1,960. While improvements on the property were assessed at a total of $20,570. 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 $1,261. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Stucco Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230211
02/11/2023
Studio
-
-
$589,000
bedrooms
Studio
bathrooms
-
-
-
-
Andrea Warner MRP
00002164-Colorado Peak Real Estate

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Floor Count: 1
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,632
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLORADO CITY
  • Land Acres: 0.083
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 19 BLK 198 COLORADO CITY COLO SPGS

Ownership

  • Current Owner : POWELL DANIEL K
  • Previous Owner : LOWENHERZ MARK
  • Owner Before Previous Owner: CHILDRESS JOSEPH COREY

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 001301

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: Nov 14, 2067
  • Parcel: 74113-03-020
  • Block: 198
  • Lot: 19
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8452
  • Longitude: -104.863

    Address

  • Full Address: 2406 W Vermijo Ave
  • Address - House Number: 2406
  • Street Direction: W
  • Address - Street Name: Vermijo
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C025
  • 4-Digit Zip Code: 6003
  • Zip Code: 80904

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,261
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 65
  • Final Value: 894,470
  • High Value: 1,047,709
  • Low Value: 741,230

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: V I P MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 08, 2021
  • First Open Lien Mortgage Loan Amount: $420,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $331,292
  • Market Land Value: $28,800
  • Market Improvement Value: $302,492

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,530
  • Assessed Land Value: $1,960
  • Assessed Improvements Value: $20,570

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Transaction ID: 11811902302
  • Current Sale Price: $565,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221004290
  • Previous Sale Recording Date: May 06, 2015
  • Previous Sale Contract Date: Apr 27, 2015
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: V I P MORTGAGE INC
  • First Mortgage Transaction Date: Jan 08, 2021
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Old Colorado City



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$895 /mo

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670 W. Van Buren St #670 W. Van Buren St #4, Colorado Springs, CO, 80907 Listing by Manager

Frequently Asked Questions

What neighborhood is 2406 West Vermijo Avenue located in?
The 2406 West Vermijo Avenue is a located in the neighborhood of Old Colorado City in Old Colorado City, Colorado Springs.
What is the average sales price for listings in 2406 West Vermijo Avenue?
The average sales price for units in 2406 West Vermijo Avenue is $0 currently.

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