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2703 Ridgecrest Court

2703 Ridgecrest Court, Colorado Springs, CO 80918
Property in Garden Ranch
Sold May 03, 2006
$274,900
$341,000 by Titan Mutual Lending Inc
Mortgage Due Dec 01, 2051
Sold Jun 24, 1998
$179,900
$170,905 by The Cornerstone Financial Grou
Mortgage Due Jul 01, 2028
2703 Ridgecrest Court in Colorado Springs, CO was first built in 1968 and is 56 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2703 Ridgecrest Court has 2,316 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,298 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 15,478 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The home has a gable or hip style roof made of wood shake/ shingles. For those who need parking, there is a attached garage. The garage is 506 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 1, 2006 for $274,900. That's $88.11 per sqft. Prior to that sales transaction, the property was also sold in Jun 19, 1998 for $179,900. 2703 Ridgecrest Court was last assessed in 2022. The total value of the property was assessed at $24,000. Specifically, the land the property is located on was valued at $4,340. While improvements on the property were assessed at a total of $19,660. 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 $954. 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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,298
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 15,478
  • Total Building Area: 3,120
  • Gross Building Area: 3,344
  • Building Area: 2,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARDEN RANCH SUB RIDGECREST ADD
  • Land Acres: 0.355
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 25 EX PART AS FOLS, BEG AT MOST ELY COR OF SD LOT, TH SWLY ALG SELY LOT LN 130.19 FT TO SELY COR, NLY IN A STRAIGHT LN TO INTSEC NLY LN OF SD LOT AT A PT 46.36 FT NWLY OF POB, TH SELY ALG NELY LN 46.36 FT TO POB BLK 7 GARDEN RANCH SUB RIDGECREST

Ownership

  • Current Owner : KARBE JEFFREY A
  • Current Owner 2: KARBE ERMALINDA A
  • Previous Owner : LACHAPPELLE DAN W
  • Previous Owner 2: LACHAPPELLE KIMBERLY A
  • Owner Before Previous Owner: CLOUD RANDALL L
  • Owner Before Previous Owner 2: CLOUD MELISSA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Living Trust

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 000202

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63281-01-009
  • Lot: 25
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8967
  • Longitude: -104.776

    Address

  • Full Address: 2703 Ridgecrest Ct
  • Address - House Number: 2703
  • Address - Street Name: Ridgecrest
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C007
  • 4-Digit Zip Code: 4322
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 2,614
  • Tax Year: 2022
  • Tax Amount: $954
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1448
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 82
  • Final Value: 503,241
  • High Value: 576,148
  • Low Value: 430,334

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,000
  • First Open Lien Mortgage Lender: TITAN MUTUAL LENDING INC
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $341,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $345,339
  • Market Land Value: $62,400
  • Market Improvement Value: $282,939

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,340
  • Assessed Improvements Value: $19,660

    Sales

  • Current Sale Contract Date: May 01, 2006
  • Current Sale Recording Date: May 03, 2006
  • Current Sale Transaction ID: 1105084655
  • Current Sale Price: $274,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 206064336
  • Previous Sale Recording Date: Jun 24, 1998
  • Previous Sale Contract Date: Jun 19, 1998
  • Previous Sale Amount: $179,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • First Mortgage Transaction Date: May 03, 2006
  • First Mortgage Loan Amount: $219,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: May 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: THE CORNERSTONE FINANCIAL GROU
  • Previous Mortgage Transaction Date: Jun 24, 1998
  • Previous Mortgage Loan Amount: $170,905
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2028

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2703 Ridgecrest Court located in?
The 2703 Ridgecrest Court is a located in the neighborhood of Garden Ranch in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2703 Ridgecrest Court?
The average sales price for units in 2703 Ridgecrest Court is $0 currently.

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