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3115 Michigan Avenue

3115 Michigan Avenue, Colorado Springs, CO 80910
Property in Park Hill
Sold Dec 01, 2021
Transfer
$180,000 by Loandepot.com Llc
Mortgage Due Dec 01, 2051
Sold Mar 28, 1991
Transfer
Local assessors in Colorado Springs, CO have categorized 3115 Michigan Avenue as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 7,440 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 6 rooms in the home. Of these, 3 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 3115 Michigan Avenue has a total of 1,620 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 900 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 322 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $965 in taxes each year. 3115 Michigan Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $17,250. If we break it down further, the land itself was valued at $3,130. Improvements to the property, however, were assessed at a total of $14,120. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 900
  • Garage Type: Attached
  • Garage Square Area: 322
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,440
  • Total Building Area: 2,122
  • Gross Building Area: 2,122
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK HILL SUB 2
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 8 BLK 10 PARK HILL SUB 2 COLO SPGS

Ownership

  • Current Owner : AVILA JIMMY C
  • Previous Owner : AVILA YOLANDA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

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: 64153-20-025
  • Block: 10
  • Lot: 8
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8257
  • Longitude: -104.774

    Address

  • Full Address: 3115 Michigan Ave
  • Address - House Number: 3115
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C007
  • 4-Digit Zip Code: 2951
  • Zip Code: 80910

Valuation

    Tax

  • Total Area: 1,800
  • Tax Year: 2022
  • Tax Amount: $965
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1109
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 364,047
  • High Value: 404,428
  • Low Value: 323,665

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: ENT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Sep 07, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 28, 2042

    Market Valuation

  • Market Total Value: $248,161
  • Market Land Value: $45,000
  • Market Improvement Value: $203,161

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,250
  • Assessed Land Value: $3,130
  • Assessed Improvements Value: $14,120

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11870144991
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 221219387
  • Previous Sale Recording Date: Mar 28, 1991
  • Previous Sale Contract Date: Mar 28, 1991
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 3115 Michigan Avenue located in?
The 3115 Michigan Avenue is a located in the neighborhood of Park Hill in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 3115 Michigan Avenue?
The average sales price for units in 3115 Michigan Avenue is $0 currently.

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