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2409 East Monument Street

2409 East Monument Street, Colorado Springs, CO 80909
Multifamily in Divine Redeemer
Sold Oct 22, 2019
$275,000
$340,500 by Federal Svgs Bk
Mortgage Due Sep 01, 2053
Sold Dec 01, 1978
Transfer
2409 East Monument Street in Colorado Springs, CO was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 1955. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 11 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2409 East Monument Street has 2,042 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 540 sqft and has been categorized as a unknown. In total, the area measurement of the land is 9,450 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable style roof made of composition shingle. 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 D. The exterior walls of the home are made of stucco. 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. 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, 2409 East Monument Street sold most recently in Oct 21, 2019 for a total of $275,000. If you work out the math, that's approximately a cost of $105.36 per sqft. 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 $1,098 in taxes each year. 2409 East Monument Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $19,620. If we break it down further, the land itself was valued at $2,540. Improvements to the property, however, were assessed at a total of $17,080. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1950
  • Effective Year Built: 1955
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 540
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,450
  • Total Building Area: 2,610
  • Gross Building Area: 2,642
  • Building Area: 2,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,042
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST HILLS
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: PART OF LOTS 7 TO 9 INC BLK M EAST HILLS AS FOLS, BEG AT PT ON LN THAT IS 56.7 FT N OF + PARA WITH S LN OF SD LOT 7 A DIST OF 100 FT W OF E LN OF SD LOT 7, TH S ON LN PARA WITH W LN OF SD LOTS 7, 8, 9 TO PT 11.6 FT S OF N LN OF SD LOT 9, TH E ON LN P

Ownership

  • Current Owner : KELLY ADAM B
  • Previous Owner : ASHLEY MARY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 001901

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Sep 14, 2066
  • Parcel: 64094-09-012
  • Block: M
  • Lot: 7-9
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8418
  • Longitude: -104.785

    Address

  • Full Address: 2409 E Monument St
  • Address - House Number: 2409
  • Street Direction: E
  • Address - Street Name: Monument
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C033
  • 4-Digit Zip Code: 4820
  • Zip Code: 80909

Valuation

    Tax

  • Total Area: 540
  • Tax Year: 2022
  • Tax Amount: $1,098
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1367
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 84
  • Final Value: 413,730
  • High Value: 470,299
  • Low Value: 357,162

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,500
  • First Open Lien Mortgage Lender: FEDERAL SVGS BK
  • First Open Lien Mortgage Recording Date: Aug 21, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $340,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $282,435
  • Market Land Value: $36,600
  • Market Improvement Value: $245,835

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,620
  • Assessed Land Value: $2,540
  • Assessed Improvements Value: $17,080

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Oct 22, 2019
  • Current Sale Transaction ID: 11664333984
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219131586
  • Previous Sale Recording Date: Dec 01, 1978
  • Previous Sale Contract Date: Dec 01, 1978
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE SOLUTIONS OF COLORADO
  • First Mortgage Transaction Date: Oct 22, 2019
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 2409 East Monument Street located in?
The 2409 East Monument Street is a multifamily located in the neighborhood of Divine Redeemer in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2409 East Monument Street?
The average sales price for units in 2409 East Monument Street is $0 currently.

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