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2545 Reed Grass Way

2545 Reed Grass Way, Colorado Springs, CO 80915
Sold Jul 10, 2020
$378,000
$358,788 by Navy Fcu
Mortgage Due Oct 01, 2036
Sold Aug 15, 2013
$249,935
$258,182 by Cherry Creek Mortgage Co Inc
Mortgage Due Sep 01, 2043
Local assessors in Colorado Springs, CO have categorized 2545 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 6,108 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 10 rooms in the home. Of these, 5 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 2 full bathrooms. There are also 3 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 2545 Reed Grass Way has a total of 2,710 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 836 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 516 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. 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, 2545 Reed Grass Way was last sold in Jul 8, 2020 for $378,000. According to our calculations, that's $111.47 per sqft. Prior to that sales transaction, the property was sold for $249,935 in Aug 15, 2013. Current property owners are expected to pay $2,424 in taxes per year. The property on 2545 Reed Grass Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $25,200. To break that down further, the land itself was valued at $5,420. While improvements to the property were assessed at a total of $19,780. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Stone Exterior
Wood Exterior
Wood Siding

Parking

Attached Garage
Carport
Garage Parking
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: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 836
  • Garage Type: Attached
  • Garage Square Area: 516
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,108
  • Total Building Area: 3,391
  • Gross Building Area: 3,424
  • Building Area: 2,710
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,710
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSHIRE SUB FIL NO 1
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 191 WILSHIRE SUB FIL NO 1

Ownership

  • Current Owner : SON JUNG P
  • Current Owner 2: SON JIE E
  • Previous Owner : MATLOCK ANTHONY J
  • Previous Owner 2: MATLOCK STACY L
  • Owner Before Previous Owner: ASPEN VIEW HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

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: 54054-06-002
  • Lot: 191
  • Municipality: FALCON 49
  • Latitude: 38.8603
  • Longitude: -104.692

    Address

  • Full Address: 2545 Reed Grass Way
  • Address - House Number: 2545
  • 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: 2,875
  • Tax Year: 2022
  • Tax Amount: $2,424
  • Tax Rate Code Area: SHF

    Appraisal Valuation

  • Standard Deviation: 0.1093
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 501,137
  • High Value: 555,928
  • Low Value: 446,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $358,788
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Sep 14, 2021
  • First Open Lien Mortgage Loan Amount: $358,788
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $362,656
  • Market Land Value: $78,000
  • Market Improvement Value: $284,656

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,200
  • Assessed Land Value: $5,420
  • Assessed Improvements Value: $19,780

    Sales

  • Current Sale Contract Date: Jul 08, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Transaction ID: 11772800086
  • Current Sale Price: $378,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220099458
  • Previous Sale Recording Date: Aug 15, 2013
  • Previous Sale Contract Date: Aug 15, 2013
  • Previous Sale Amount: $249,935
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jul 10, 2020
  • First Mortgage Loan Amount: $362,128
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Aug 15, 2013
  • Previous Mortgage Loan Amount: $258,182
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2043

About Powers



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Frequently Asked Questions

What neighborhood is 2545 Reed Grass Way located in?
The 2545 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 2545 Reed Grass Way?
The average sales price for units in 2545 Reed Grass Way is $0 currently.

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