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2706 North Chestnut Street

2706 North Chestnut Street, Colorado Springs, CO 80907
Sold Jan 05, 2021
$311,000
$318,153 by Armed Forces Bank Na
Mortgage Due Feb 01, 2051
Sold Sep 25, 2017
$185,000
$172,550 by Homebridge Financial Services
Mortgage Due Oct 01, 2047
2706 North Chestnut Street 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 1984 and is 40 years old. The home has a total of 5 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2706 North Chestnut Street has 1,346 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 3,080 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level 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 attached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a 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 roof of the building is made of composition shingle. The exterior walls of the building are made of a combination of material. 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, 2706 North Chestnut Street sold most recently in Jan 1, 2021 for a total of $311,000. If you work out the math, that's approximately a cost of $178.12 per sqft. Before that, the property was also sold for $185,000 in Sep 22, 2017. 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 $847 in taxes each year. 2706 North Chestnut Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,130. If we break it down further, the land itself was valued at $2,970. Improvements to the property, however, were assessed at a total of $12,160. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,080
  • Total Building Area: 1,746
  • Gross Building Area: 1,746
  • Building Area: 1,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,346
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRAILS END SUB
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 2 TRAILS END SUB COLO SPGS

Ownership

  • Current Owner : HANSON BRADY R
  • Current Owner 2: HANSON RACHEL A
  • Previous Owner : KULAWIK PAUL AUGUST
  • Previous Owner 2: KULAWIK DEBORAH ANN
  • Owner Before Previous Owner: SCHILLER MICHELLE B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 001104

Zoning

  • Zoning: PUD HS

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 73364-22-010
  • Lot: 2
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8704
  • Longitude: -104.836

    Address

  • Full Address: 2706 N Chestnut St
  • Address - House Number: 2706
  • Street Direction: N
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C021
  • 4-Digit Zip Code: 5916
  • Zip Code: 80907

Valuation

    Tax

  • Total Area: 1,346
  • Tax Year: 2022
  • Tax Amount: $847
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1326
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 84
  • Final Value: 372,026
  • High Value: 421,358
  • Low Value: 322,694

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,153
  • First Open Lien Mortgage Lender: ARMED FORCES BANK NA
  • First Open Lien Mortgage Recording Date: Jan 05, 2021
  • First Open Lien Mortgage Loan Amount: $318,153
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $217,798
  • Market Land Value: $42,800
  • Market Improvement Value: $174,998

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,130
  • Assessed Land Value: $2,970
  • Assessed Improvements Value: $12,160

    Sales

  • Current Sale Contract Date: Jan 01, 2021
  • Current Sale Recording Date: Jan 05, 2021
  • Current Sale Transaction ID: 11810262089
  • Current Sale Price: $311,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221001663
  • Previous Sale Recording Date: Sep 25, 2017
  • Previous Sale Contract Date: Sep 22, 2017
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARMED FORCES BANK NA
  • First Mortgage Transaction Date: Jan 05, 2021
  • First Mortgage Loan Amount: $318,153
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Sep 25, 2017
  • Previous Mortgage Loan Amount: $172,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2047

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Frequently Asked Questions

What neighborhood is 2706 North Chestnut Street located in?
The 2706 North Chestnut Street is a house located in the neighborhood of Indian Heights in Old Colorado City, Colorado Springs.
What is the average sales price for listings in 2706 North Chestnut Street?
The average sales price for units in 2706 North Chestnut Street is $0 currently.

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