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2728 Penacho Circle

2728 Penacho Circle, Colorado Springs, CO 80917
Sold Mar 06, 2023
$425,000
$434,775 by Mortgage Research Center, Llc
Mortgage Due Apr 01, 2053
Sold Feb 12, 2019
$315,000
Seller
$252,000 by American Liberty Mortgage Inc
Mortgage Due Mar 01, 2049
Local assessors in Colorado Springs, CO have categorized 2728 Penacho Circle as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 12,600 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 8 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 3 partial bathrooms. This is a 2 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 2728 Penacho Circle has a total of 2,085 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 620 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 490 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 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. 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, 2728 Penacho Circle sold most recently in Mar 6, 2023 for a total of $425,000. If you work out the math, that's approximately a cost of $165.05 per sqft. Before that, the property was also sold for $315,000 in Feb 11, 2019. 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 $1,307 in taxes each year. 2728 Penacho Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,350. If we break it down further, the land itself was valued at $4,170. Improvements to the property, however, were assessed at a total of $19,180. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Masonite Siding
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • 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: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 620
  • Garage Type: Attached
  • Garage Square Area: 490
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 12,600
  • Total Building Area: 2,575
  • Gross Building Area: 2,575
  • Building Area: 2,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,085
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLA LOMA SUB FIL 1
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 24 BLK 3 VILLA LOMA SUB FIL 1 COLO SPGS

Ownership

  • Current Owner : BLAKEMAN JEFFREY A
  • Current Owner 2: SCHOFIELD JENNIFER A
  • Previous Owner : ROBERTS JEFFREY W
  • Owner Before Previous Owner: T G INC
  • 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: 005800

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63363-01-005
  • Block: 3
  • Lot: 24
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8708
  • Longitude: -104.732

    Address

  • Full Address: 2728 Penacho Cir
  • Address - House Number: 2728
  • Address - Street Name: Penacho
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C007
  • 4-Digit Zip Code: 4029
  • Zip Code: 80917

Valuation

    Tax

  • Total Area: 2,085
  • Tax Year: 2022
  • Tax Amount: $1,307
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1173
  • Valuation Date: May 24, 2023
  • Confidence Score: 87
  • Final Value: 454,882
  • High Value: 508,264
  • Low Value: 401,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $434,775
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Mar 06, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $434,775
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $335,995
  • Market Land Value: $60,000
  • Market Improvement Value: $275,995

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,350
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $19,180

    Sales

  • Current Sale Contract Date: Mar 06, 2023
  • Current Sale Recording Date: Mar 06, 2023
  • Current Sale Transaction ID: 11903137163
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18138
  • Previous Sale Recording Date: Feb 12, 2019
  • Previous Sale Contract Date: Feb 11, 2019
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Mar 06, 2023
  • First Mortgage Loan Amount: $434,775
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN LIBERTY MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 12, 2019
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Powers



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Frequently Asked Questions

What neighborhood is 2728 Penacho Circle located in?
The 2728 Penacho Circle is a house located in the neighborhood of Village Seven in Powers, Colorado Springs.
What is the average sales price for listings in 2728 Penacho Circle?
The average sales price for units in 2728 Penacho Circle is $0 currently.

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