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2463 Paseo Road

2463 Paseo Road, Colorado Springs, CO 80907
Property in Venetian Village
Sold Sep 02, 2021
$200,000
Buyer
Seller
$180,000 by Fairway Independent Mortgage C
Mortgage Due Sep 01, 2051
Sold Nov 16, 2016
$100,000
$90,000 by Ent Cu
Mortgage Due Dec 01, 2046
2463 Paseo Road 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 1951 and is 73 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 2463 Paseo Road has 946 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 760 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 273 sqft. According to our sources, there is one available parking space. 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 masonry. 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. 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, 2463 Paseo Road sold most recently in Aug 31, 2021 for a total of $200,000. If you work out the math, that's approximately a cost of $211.42 per sqft. Before that, the property was also sold for $100,000 in Nov 16, 2016. 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 $580 in taxes each year. 2463 Paseo Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $10,360. If we break it down further, the land itself was valued at $1,810. Improvements to the property, however, were assessed at a total of $8,550. 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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Masonry
  • 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 Area: 0
  • Garage Type: Detached
  • Garage Square Area: 273
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 760
  • Total Building Area: 946
  • Gross Building Area: 963
  • Building Area: 946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 946
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELLEVILLE CONDO
  • Land Acres: 0.017
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CONDOMINIUM UNIT NO 4 BLDG NO G BELLEVILLE CONDOMINIUMS IN ACCORDANCE WITH THE DECLARATION RECORDED ON NOV 13, 1979, IN BOOK 3251-634, AND CONDOMINIUM MAP RECORDED ON NOV 8, 1979 BOOK 2-20, CARPORT NO 2463 STORAGE SPACE G-4

Ownership

  • Current Owner : BERG PAMELA
  • Previous Owner : KOCHER SCOT R
  • Owner Before Previous Owner: CIHAK RICKY L
  • Owner Before Previous Owner 2: CIHAK REGINA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 000400

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: May 14, 2066
  • Parcel: 64051-06-046
  • Lot: 4
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8668
  • Longitude: -104.801

    Address

  • Full Address: 2463 Paseo Rd
  • Address - House Number: 2463
  • Address - Street Name: Paseo
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C010
  • 4-Digit Zip Code: 6553
  • Zip Code: 80907

Valuation

    Tax

  • Total Area: 946
  • Tax Year: 2022
  • Tax Amount: $580
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1407
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 83
  • Final Value: 246,174
  • High Value: 280,835
  • Low Value: 211,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Sep 02, 2021
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $148,994
  • Market Land Value: $26,000
  • Market Improvement Value: $122,994

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,360
  • Assessed Land Value: $1,810
  • Assessed Improvements Value: $8,550

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Transaction ID: 11853824875
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221166434
  • Previous Sale Recording Date: Nov 16, 2016
  • Previous Sale Contract Date: Nov 16, 2016
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Sep 02, 2021
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ENT CU
  • Previous Mortgage Transaction Date: Nov 16, 2016
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

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Frequently Asked Questions

What neighborhood is 2463 Paseo Road located in?
The 2463 Paseo Road is a located in the neighborhood of Venetian Village in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2463 Paseo Road?
The average sales price for units in 2463 Paseo Road is $0 currently.

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