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3008 Garland Terrace

3008 Garland Terrace, Colorado Springs, CO 80910
House in Park Hill
Sold Sep 05, 2023
$329,850
$319,954 by Fairway Independent Mtg Corp
Mortgage Due Sep 01, 2053
Sold Jan 20, 2022
$317,500
$285,750 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2052
3008 Garland Terrace in Colorado Springs, CO was first built in 1962 and is 62 years old. Although, the building on the property was most recently renovated and altered in 1997. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3008 Garland Terrace has 925 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,567 square feet.

Learn more about the property and building on this page. There is a covered porch. The home has a gable or hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing a forced air unit. 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, 3008 Garland Terrace was last sold in Aug 24, 2023 for $329,850. According to our calculations, that's $356.59 per sqft. Prior to that sales transaction, the property was sold for $317,500 in Jan 18, 2022. Current property owners are expected to pay $815 in taxes per year. The property on 3008 Garland Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $14,560. To break that down further, the land itself was valued at $3,130. While improvements to the property were assessed at a total of $11,430. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • 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: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,567
  • Total Building Area: 925
  • Gross Building Area: 949
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK HILL SUB 2
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 31 BLK 1 PARK HILL SUB 2 COLO SPGS

Ownership

  • Current Owner : BAUER MCKAYLA MARIE
  • Previous Owner : BILLS JILLIAN L
  • Owner Before Previous Owner: BLAKE BEEKWITH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 002102

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64153-05-033
  • Block: 1
  • Lot: 31
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8321
  • Longitude: -104.772

    Address

  • Full Address: 3008 Garland Ter
  • Address - House Number: 3008
  • Address - Street Name: Garland
  • Address - Suffix Type: Ter
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C009
  • 4-Digit Zip Code: 2906
  • Zip Code: 80910

Valuation

    Tax

  • Total Area: 925
  • Tax Year: 2022
  • Tax Amount: $815
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.0644
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 96
  • Final Value: 330,992
  • High Value: 352,327
  • Low Value: 309,657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,954
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Sep 05, 2023
  • First Open Lien Mortgage Loan Amount: $319,954
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $209,446
  • Market Land Value: $45,000
  • Market Improvement Value: $164,446

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,560
  • Assessed Land Value: $3,130
  • Assessed Improvements Value: $11,430

    Sales

  • Current Sale Contract Date: Aug 24, 2023
  • Current Sale Recording Date: Sep 05, 2023
  • Current Sale Transaction ID: 11912045826
  • Current Sale Price: $329,850
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 75429
  • Previous Sale Recording Date: Jan 20, 2022
  • Previous Sale Contract Date: Jan 18, 2022
  • Previous Sale Amount: $317,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Sep 05, 2023
  • First Mortgage Loan Amount: $319,954
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 20, 2022
  • Previous Mortgage Loan Amount: $285,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2052

About Southeast Colorado Springs



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Frequently Asked Questions

What neighborhood is 3008 Garland Terrace located in?
The 3008 Garland Terrace is a house located in the neighborhood of Park Hill in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 3008 Garland Terrace?
The average sales price for units in 3008 Garland Terrace is $0 currently.

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