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3018 Mallard Drive

3018 Mallard Drive, Colorado Springs, CO 80910
Multifamily in Park Hill
Sold Jun 06, 2022
$701,000
$560,000 by Firstbank
Mortgage Due Jul 01, 2052
Sold Apr 30, 2019
$459,000
Buyer
$321,300 by Carrington Mortgage Services L
Mortgage Due May 01, 2049
3018 Mallard 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 1969 and is 55 years old. The building has a total of 2 stories. In addition, 3018 Mallard Drive has 3,360 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,809 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex 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. Residents will have the luxury of enjoying a unknown. 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 masonry 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 inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 3018 Mallard Drive was last sold in Jun 6, 2022 for $701,000. According to our calculations, that's $208.63 per sqft. Prior to that sales transaction, the property was sold for $459,000 in Apr 26, 2019. Current property owners are expected to pay $1,523 in taxes per year. The property on 3018 Mallard Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $27,210. To break that down further, the land itself was valued at $3,160. While improvements to the property were assessed at a total of $24,050. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Brick Exterior / Wood Exterior
Masonite Siding
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Quadplex
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,809
  • Total Building Area: 3,360
  • Gross Building Area: 3,360
  • Building Area: 3,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALLEY-HI TERRACE SUB
  • Land Acres: 0.133
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: E 67.0 FT OF LOT 4 BLK 1 VALLEY-HI TERRACE SUB FIL 1 + REPLAT OF PART OF VALLEY-HI TERRACE SUB

Ownership

  • Current Owner : GARRITY MICHAEL J
  • Previous Owner : ALEX VINE
  • Owner Before Previous Owner: DURAN PLUS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 005201

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64222-08-027
  • Block: 1
  • Lot: 4
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8185
  • Longitude: -104.773

    Address

  • Full Address: 3018 Mallard Dr
  • Address - House Number: 3018
  • Address - Street Name: Mallard
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C013
  • 4-Digit Zip Code: 5201
  • Zip Code: 80910

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,523
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1331
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 655,800
  • High Value: 743,108
  • Low Value: 568,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Jun 06, 2022
  • First Open Lien Mortgage Loan Amount: $560,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $400,096
  • Market Land Value: $46,472
  • Market Improvement Value: $353,624

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,210
  • Assessed Land Value: $3,160
  • Assessed Improvements Value: $24,050

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Transaction ID: 11889852029
  • Current Sale Price: $701,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 77913
  • Previous Sale Recording Date: Apr 30, 2019
  • Previous Sale Contract Date: Apr 26, 2019
  • Previous Sale Amount: $459,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Jun 06, 2022
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • Previous Mortgage Transaction Date: Apr 30, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $321,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2049

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Frequently Asked Questions

What neighborhood is 3018 Mallard Drive located in?
The 3018 Mallard Drive is a multifamily located in the neighborhood of Park Hill in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 3018 Mallard Drive?
The average sales price for units in 3018 Mallard Drive is $0 currently.

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