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2903 Illinois Avenue

2903 Illinois Avenue, Colorado Springs, CO 80907
Sold Apr 19, 2022
$387,500
Sold Apr 19, 2022
$390,000
Local assessors in Colorado Springs, CO have categorized 2903 Illinois Avenue as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 9,281 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 9 rooms in the home. Of these, 5 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 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 2903 Illinois Avenue has a total of 2,117 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 partial basement that is 1,080 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 276 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 unknown and a unknown 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 masonry 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 masonry 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. Residents rely on central 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, 2903 Illinois Avenue sold most recently in Apr 15, 2022 for a total of $387,500. If you work out the math, that's approximately a cost of $159.07 per sqft. Before that, the property was also sold for $390,000 in Apr 15, 2022. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,206 in taxes each year. 2903 Illinois Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,550. If we break it down further, the land itself was valued at $4,070. Improvements to the property, however, were assessed at a total of $17,480. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,080
  • Garage Type: Attached
  • Garage Square Area: 276
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,281
  • Total Building Area: 2,436
  • Gross Building Area: 2,531
  • Building Area: 2,117
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,117
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KITTY HAWK SUB
  • Land Acres: 0.213
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 20, S 15 FT OF LOT 19 BLK 1 KITTY HAWK SUB COLO SPGS

Ownership

  • Current Owner : JCT HOLDINGS LLC
  • Previous Owner : UNITED COLORADO LLC
  • Owner Before Previous Owner: CHANDLER BROWN NICHOLAS
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 000400

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63323-01-018
  • Block: 1
  • Lot: 20,19
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8722
  • Longitude: -104.804

    Address

  • Full Address: 2903 Illinois Ave
  • Address - House Number: 2903
  • Address - Street Name: Illinois
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C042
  • 4-Digit Zip Code: 6436
  • Zip Code: 80907

Valuation

    Tax

  • Total Area: 2,160
  • Tax Year: 2022
  • Tax Amount: $1,206
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1421
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 83
  • Final Value: 443,131
  • High Value: 506,141
  • Low Value: 380,120

    Market Valuation

  • Market Total Value: $310,001
  • Market Land Value: $58,500
  • Market Improvement Value: $251,501

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,550
  • Assessed Land Value: $4,070
  • Assessed Improvements Value: $17,480

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Transaction ID: 11884777244
  • Current Sale Price: $387,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 54256
  • Previous Sale Recording Date: Apr 19, 2022
  • Previous Sale Contract Date: Apr 15, 2022
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL FUND I LLC
  • First Mortgage Transaction Date: Apr 19, 2022
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 5
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Oct 01, 2022

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Frequently Asked Questions

What neighborhood is 2903 Illinois Avenue located in?
The 2903 Illinois Avenue is a house located in the neighborhood of Venetian Village in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 2903 Illinois Avenue?
The average sales price for units in 2903 Illinois Avenue is $0 currently.

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