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2422 West Vermijo Avenue
2422 West Vermijo Avenue, Colorado Springs, CO 80904
Multifamily
in
Old Colorado City
Sold Jun 09, 2021
$845,000
Buyer
Seller
$705,000
by Firstbank
Mortgage Due Jun 01, 2031
Sold Feb 03, 2017
$320,000
Buyer
Seller
$240,000
by First Bank
Mortgage Due Feb 15, 2032
Local assessors in Colorado Springs, CO have categorized 2422 West Vermijo Avenue as a residential type of property.
The home was built in 1965 and is 59 years old.
The property's lot size has been calculated to be 7,200 square feet.
Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style.
This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.
If we look only at the heated or air conditioned part of the building, then 2422 West Vermijo Avenue has a total of 3,520 sqft of living area.
Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 2422 West Vermijo Avenue was last sold in Jun 4, 2021 for $845,000. According to our calculations, that's $240.06 per sqft. Prior to that sales transaction, the property was sold for $320,000 in Jan 3, 2017. Current property owners are expected to pay $1,581 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2422 West Vermijo Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $28,250. To break that down further, the land itself was valued at $3,480. While improvements to the property were assessed at a total of $24,770. 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. 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.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.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 2422 West Vermijo Avenue was last sold in Jun 4, 2021 for $845,000. According to our calculations, that's $240.06 per sqft. Prior to that sales transaction, the property was sold for $320,000 in Jan 3, 2017. Current property owners are expected to pay $1,581 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2422 West Vermijo Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $28,250. To break that down further, the land itself was valued at $3,480. While improvements to the property were assessed at a total of $24,770. 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. 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.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
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About Old Colorado City
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