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2925 Inspiration Drive

2925 Inspiration Drive, Colorado Springs, CO 80917
Sold Sep 16, 2019
$305,200
$298,100 by Crosscountry Mortgage Llc
Mortgage Due Jan 01, 2051
Sold Mar 11, 2016
$245,000
$250,250 by Era Mortgage
Mortgage Due Apr 01, 2046
2925 Inspiration Drive 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 1976 and is 48 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2925 Inspiration Drive has 2,272 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 637 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,119 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split 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 396 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a covered 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 building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2925 Inspiration Drive was last sold in Sep 12, 2019 for $305,200. According to our calculations, that's $111.47 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Mar 1, 2016. Current property owners are expected to pay $1,268 in taxes per year. The property on 2925 Inspiration Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $22,660. To break that down further, the land itself was valued at $4,170. While improvements to the property were assessed at a total of $18,490. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • 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: Partial basement
  • Basement Area: 637
  • Garage Type: Attached
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,119
  • Total Building Area: 2,738
  • Gross Building Area: 2,798
  • Building Area: 2,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLA LOMA SUB NO 5 FIL NO 1
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 8 EX SELY 9.0 FT THEREOF BLK 1 VILLA LOMA SUB NO 5 FIL NO 1 COLO SPGS

Ownership

  • Current Owner : GRONINGER NATHAN J
  • Current Owner 2: GRONINGER LAURA A
  • Previous Owner : MITCHELL BRANDON
  • Previous Owner 2: MITCHELL CASANDRA
  • Owner Before Previous Owner: ORR WILLIAM S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 005602

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63363-09-011
  • Block: 1
  • Lot: 8
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8738
  • Longitude: -104.732

    Address

  • Full Address: 2925 Inspiration Dr
  • Address - House Number: 2925
  • Address - Street Name: Inspiration
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C015
  • 4-Digit Zip Code: 3304
  • Zip Code: 80917

Valuation

    Tax

  • Total Area: 2,342
  • Tax Year: 2022
  • Tax Amount: $1,268
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1107
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 438,064
  • High Value: 486,570
  • Low Value: 389,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $298,100
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 06, 2021
  • First Open Lien Mortgage Loan Amount: $298,100
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $326,108
  • Market Land Value: $60,000
  • Market Improvement Value: $266,108

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,660
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $18,490

    Sales

  • Current Sale Contract Date: Sep 12, 2019
  • Current Sale Recording Date: Sep 16, 2019
  • Current Sale Transaction ID: 11646063443
  • Current Sale Price: $305,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219111687
  • Previous Sale Recording Date: Mar 11, 2016
  • Previous Sale Contract Date: Mar 01, 2016
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Sep 16, 2019
  • First Mortgage Loan Amount: $289,940
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ERA MORTGAGE
  • Previous Mortgage Transaction Date: Mar 11, 2016
  • Previous Mortgage Loan Amount: $250,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Powers



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Frequently Asked Questions

What neighborhood is 2925 Inspiration Drive located in?
The 2925 Inspiration Drive is a house located in the neighborhood of Village Seven in Powers, Colorado Springs.
What is the average sales price for listings in 2925 Inspiration Drive?
The average sales price for units in 2925 Inspiration Drive is $0 currently.

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