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2722 North Chestnut Street

2722 North Chestnut Street, Colorado Springs, CO 80907
Sold Jan 13, 2022
$360,000
$349,200 by Megastar Financial Corp
Mortgage Due Feb 01, 2052
Sold Jun 11, 2019
$265,000
$257,050 by Cardinal Financial Company Lp
Mortgage Due Jul 01, 2049
Local assessors in Colorado Springs, CO have categorized 2722 North Chestnut Street as a residential type of property. The home was built in 1984 and is 40 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 3,123 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 6 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 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 2722 North Chestnut Street has a total of 1,389 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 676 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 240 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 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. Residents rely on 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, 2722 North Chestnut Street was last sold in Jan 12, 2022 for $360,000. According to our calculations, that's $220.99 per sqft. Prior to that sales transaction, the property was sold for $265,000 in Jun 9, 2019. Current property owners are expected to pay $1,033 in taxes per year. The property on 2722 North Chestnut Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $18,460. To break that down further, the land itself was valued at $2,970. While improvements to the property were assessed at a total of $15,490. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Wood Exterior
Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 676
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,123
  • Total Building Area: 1,629
  • Gross Building Area: 1,629
  • Building Area: 1,389
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,389
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRAILS END SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 6 TRAILS END SUB COLO SPGS

Ownership

  • Current Owner : CALDWELL NOLAN
  • Current Owner 2: CALDWELL BAILEY
  • Previous Owner : NORQUIST DANIELLE R
  • Previous Owner 2: NORQUIST LAWRENCE W
  • Owner Before Previous Owner: CESKO ZOE J
  • 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: 73364-22-001
  • Lot: 6
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8709
  • Longitude: -104.836

    Address

  • Full Address: 2722 N Chestnut St
  • Address - House Number: 2722
  • 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: 1,389
  • Tax Year: 2022
  • Tax Amount: $1,033
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1326
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 84
  • Final Value: 401,410
  • High Value: 454,639
  • Low Value: 348,181

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $349,200
  • First Open Lien Mortgage Lender: MEGASTAR FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jan 13, 2022
  • First Open Lien Mortgage Loan Amount: $349,200
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $265,731
  • Market Land Value: $42,800
  • Market Improvement Value: $222,931

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,460
  • Assessed Land Value: $2,970
  • Assessed Improvements Value: $15,490

    Sales

  • Current Sale Contract Date: Jan 12, 2022
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Transaction ID: 11877344936
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 222006292
  • Previous Sale Recording Date: Jun 11, 2019
  • Previous Sale Contract Date: Jun 09, 2019
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGASTAR FINANCIAL CORP
  • First Mortgage Transaction Date: Jan 13, 2022
  • First Mortgage Loan Amount: $349,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Previous Mortgage Transaction Date: Jun 11, 2019
  • Previous Mortgage Loan Amount: $257,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Old Colorado City



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Frequently Asked Questions

What neighborhood is 2722 North Chestnut Street located in?
The 2722 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 2722 North Chestnut Street?
The average sales price for units in 2722 North Chestnut Street is $338,450 , or $244/sqft. currently.

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