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2551 Waldean Street

2551 Waldean Street, Colorado Springs, CO 80909
Property in Divine Redeemer
Sold Dec 11, 2002
Transfer
$124,000 by Nfm Inc
Mortgage Due Oct 01, 2051
Sold May 28, 1999
$126,000
$124,358 by Countrywide Home Loans Inc
Mortgage Due Jun 01, 2029
Local assessors in Colorado Springs, CO have categorized 2551 Waldean Street as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 7,905 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2551 Waldean Street has a total of 1,844 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 972 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 detached garage for those who need a place to park their vehicle. The garage on the property is 440 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 or hip style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $126,000 in May 25, 1999. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,058 in taxes each year. 2551 Waldean Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $18,900. 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 $16,360. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 972
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,905
  • Total Building Area: 1,944
  • Gross Building Area: 2,009
  • Building Area: 1,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OTTEMAN-SCHULZ SUB 2
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 18 BLK C OTTEMAN-SCHULZ SUB 2 COLO SPGS

Ownership

  • Current Owner : WOOTTEN ROGER A
  • Previous Owner : WOOTTEN ROGER A
  • Previous Owner 2: WOOTTEN AMY LAMB
  • Owner Before Previous Owner: WAYNE CANTWELL
  • Owner Before Previous Owner 2: WAYNE LORI A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 001902

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Sep 14, 2066
  • Parcel: 64091-17-006
  • Block: C
  • Lot: 18
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8496
  • Longitude: -104.782

    Address

  • Full Address: 2551 Waldean St
  • Address - House Number: 2551
  • Address - Street Name: Waldean
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C026
  • 4-Digit Zip Code: 4014
  • Zip Code: 80909

Valuation

    Tax

  • Total Area: 1,944
  • Tax Year: 2022
  • Tax Amount: $1,058
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1289
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 85
  • Final Value: 404,994
  • High Value: 457,206
  • Low Value: 352,782

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $199,000
  • First Open Lien Mortgage Lender: NFM INC
  • First Open Lien Mortgage Recording Date: Sep 24, 2021
  • First Open Lien Mortgage Loan Amount: $124,000
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: ENT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 24, 2023
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 28, 2043

    Market Valuation

  • Market Total Value: $272,038
  • Market Land Value: $36,600
  • Market Improvement Value: $235,438

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,900
  • Assessed Land Value: $2,540
  • Assessed Improvements Value: $16,360

    Sales

  • Current Sale Contract Date: Dec 04, 2002
  • Current Sale Recording Date: Dec 11, 2002
  • Current Sale Transaction ID: 1048688281
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 202219592
  • Previous Sale Recording Date: May 28, 1999
  • Previous Sale Contract Date: May 25, 1999
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CERTIFIED MTG SOLUTIONS INC
  • First Mortgage Transaction Date: Dec 11, 2002
  • First Mortgage Loan Amount: $143,685
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: May 28, 1999
  • Previous Mortgage Loan Amount: $124,358
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2029

About East Colorado Springs



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Frequently Asked Questions

What neighborhood is 2551 Waldean Street located in?
The 2551 Waldean Street is a located in the neighborhood of Divine Redeemer in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2551 Waldean Street?
The average sales price for units in 2551 Waldean Street is $0 currently.

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