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2722 Front Royal Drive

2722 Front Royal Drive, Colorado Springs, CO 80919
Sold Apr 04, 2022
$490,000
$392,000 by Home Point Financial Corporati
Mortgage Due May 01, 2052
Sold Sep 04, 2018
$300,000
$285,000 by Academy Mortgage Corp
Mortgage Due Sep 01, 2048
Local assessors in Colorado Springs, CO have categorized 2722 Front Royal Drive as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 4,033 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 7 rooms in the home. Of these, 3 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 2 partial bathrooms. This is a 3 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 2722 Front Royal Drive has a total of 2,146 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 finished improved basement that is 630 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 342 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2722 Front Royal Drive sold most recently in Apr 1, 2022 for a total of $490,000. If you work out the math, that's approximately a cost of $196.95 per sqft. Before that, the property was also sold for $300,000 in Aug 28, 2018. 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 $1,345 in taxes each year. 2722 Front Royal Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $24,030. If we break it down further, the land itself was valued at $4,310. Improvements to the property, however, were assessed at a total of $19,720. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
Masonite Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 630
  • Garage Type: Attached
  • Garage Square Area: 342
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,033
  • Total Building Area: 2,488
  • Gross Building Area: 2,512
  • Building Area: 2,146
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,146
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LIVE OAK STATION FIL NO 1
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 35 LIVE OAK STATION FIL NO 1 COLO SPGS

Ownership

  • Current Owner : GATES SARAH FRANCES
  • Current Owner 2: GATES CHRISTOPHER JAMES
  • Previous Owner : TRAVIS CARTER
  • Owner Before Previous Owner: KNIPPLING BROCK
  • Owner Before Previous Owner 2: KNIPPLING CARA
  • 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: 003707

Zoning

  • Zoning: PUD HS

Geography

  • Assessors Map Reference: Oct 13, 2067
  • Parcel: 73102-04-011
  • Lot: 35
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9358
  • Longitude: -104.878

    Address

  • Full Address: 2722 Front Royal Dr
  • Address - House Number: 2722
  • Address - Street Name: Front Royal
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C062
  • 4-Digit Zip Code: 5022
  • Zip Code: 80919

Valuation

    Tax

  • Total Area: 2,146
  • Tax Year: 2022
  • Tax Amount: $1,345
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1169
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 486,957
  • High Value: 543,930
  • Low Value: 429,983

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Apr 04, 2022
  • First Open Lien Mortgage Loan Amount: $392,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $345,728
  • Market Land Value: $62,000
  • Market Improvement Value: $283,728

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,030
  • Assessed Land Value: $4,310
  • Assessed Improvements Value: $19,720

    Sales

  • Current Sale Contract Date: Apr 01, 2022
  • Current Sale Recording Date: Apr 04, 2022
  • Current Sale Transaction ID: 11884020383
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46935
  • Previous Sale Recording Date: Sep 04, 2018
  • Previous Sale Contract Date: Aug 28, 2018
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Apr 04, 2022
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 04, 2018
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2722 Front Royal Drive located in?
The 2722 Front Royal Drive is a house located in the neighborhood of Oak Valley Ranch in Northwest Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2722 Front Royal Drive?
The average sales price for units in 2722 Front Royal Drive is $0 currently.

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