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2524 Reed Grass Way

2524 Reed Grass Way, Colorado Springs, CO 80915
Sold Nov 13, 2018
$326,000
Sold Jun 11, 2013
$256,670
$243,836 by Franklin American Mortgage Co
Mortgage Due Jul 01, 2043
Local assessors in Colorado Springs, CO have categorized 2524 Reed Grass Way as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 5,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. 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 2524 Reed Grass Way has a total of 3,290 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,008 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 517 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and 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 frame 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 - C. The building has a gable style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. The property was last sold in Nov 13, 2018 for $326,000. That's $82.18 per sqft. Prior to that sales transaction, the property was also sold in Jun 7, 2013 for $256,670. 2524 Reed Grass Way was last assessed in 2022. The total value of the property was assessed at $26,440. Specifically, the land the property is located on was valued at $5,420. While improvements on the property were assessed at a total of $21,020. 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 $2,543. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,008
  • Garage Type: Attached
  • Garage Square Area: 517
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 3,967
  • Gross Building Area: 4,071
  • Building Area: 3,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,290
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSHIRE SUB FIL NO 1
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 176 WILSHIRE SUB FIL NO 1

Ownership

  • Current Owner : ROWE BRIAN J
  • Previous Owner : GREGG TIMOTH S
  • Previous Owner 2: GREGG KARISSA J
  • Owner Before Previous Owner: ASPEN VIEW HOMES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SHF
  • Census Tract: 005115

Zoning

  • Zoning: PUD CAD-O

Geography

  • Assessors Map Reference: May 14, 2065
  • Parcel: 54054-04-008
  • Lot: 176
  • Municipality: FALCON 49
  • Latitude: 38.8605
  • Longitude: -104.691

    Address

  • Full Address: 2524 Reed Grass Way
  • Address - House Number: 2524
  • Address - Street Name: Reed Grass
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C007
  • 4-Digit Zip Code: 2078
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 3,450
  • Tax Year: 2022
  • Tax Amount: $2,543
  • Tax Rate Code Area: SHF

    Appraisal Valuation

  • Standard Deviation: 0.1197
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 535,881
  • High Value: 600,037
  • Low Value: 471,726

    Market Valuation

  • Market Total Value: $380,388
  • Market Land Value: $78,000
  • Market Improvement Value: $302,388

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,440
  • Assessed Land Value: $5,420
  • Assessed Improvements Value: $21,020

    Sales

  • Current Sale Contract Date: Nov 13, 2018
  • Current Sale Recording Date: Nov 13, 2018
  • Current Sale Transaction ID: 11532008729
  • Current Sale Price: $326,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218131567
  • Previous Sale Recording Date: Jun 11, 2013
  • Previous Sale Contract Date: Jun 07, 2013
  • Previous Sale Amount: $256,670
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 13, 2018
  • First Mortgage Loan Amount: $260,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Jun 11, 2013
  • Previous Mortgage Loan Amount: $243,836
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2043

About Powers



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,000 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,632 ft²
Listing by Llamina Gutierrez

Frequently Asked Questions

What neighborhood is 2524 Reed Grass Way located in?
The 2524 Reed Grass Way is a house located in the neighborhood of Cimarron Hills in Powers, Colorado Springs.
What is the average sales price for listings in 2524 Reed Grass Way?
The average sales price for units in 2524 Reed Grass Way is $0 currently.

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