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316 Redwood Drive

316 Redwood Drive, Colorado Springs, CO 80907
Property in Cragmoor
Sold Nov 16, 2020
$285,000
$228,000 by Ent Cu
Mortgage Due Dec 01, 2050
Sold Jun 24, 2016
$128,200
$132,384 by Northpointe Bank
Mortgage Due Jul 01, 2046
Local assessors in Colorado Springs, CO have categorized 316 Redwood Drive as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1974. The property's lot size has been calculated to be 7,900 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 5 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 is also a partial bathroom. 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 316 Redwood Drive has a total of 864 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 carport for those who need a place to park their vehicle. The garage on the property is 240 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 covered porch and a patio 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 frame 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 wood siding 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. 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, 316 Redwood Drive was last sold in Nov 16, 2020 for $285,000. According to our calculations, that's $329.86 per sqft. Prior to that sales transaction, the property was sold for $128,200 in Jun 24, 2016. Current property owners are expected to pay $999 in taxes per year. The property on 316 Redwood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $17,860. To break that down further, the land itself was valued at $3,180. While improvements to the property were assessed at a total of $14,680. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1953
  • Effective Year Built: 1974
  • 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
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,900
  • Total Building Area: 864
  • Gross Building Area: 906
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRAGMOR HEIGHTS SUB
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 26, E 20 FT OF LOT 27 BLK 3 CRAGMOR HEIGHTS SUB

Ownership

  • Current Owner : GOLDHAMMER KYLE JEFFERY
  • Previous Owner : 4 SKY PROPERTIES LLC
  • Owner Before Previous Owner: BELVEAL JEFF
  • Owner Before Previous Owner 2: BELVEAL LAURA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 000203

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63301-09-018
  • Block: 3
  • Lot: 26,27
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8937
  • Longitude: -104.813

    Address

  • Full Address: 316 Redwood Dr
  • Address - House Number: 316
  • Address - Street Name: Redwood
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C016
  • 4-Digit Zip Code: 4332
  • Zip Code: 80907

Valuation

    Tax

  • Total Area: 864
  • Tax Year: 2022
  • Tax Amount: $999
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1326
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 84
  • Final Value: 342,264
  • High Value: 387,650
  • Low Value: 296,878

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $262,000
  • First Open Lien Mortgage Lender: ENT CU
  • First Open Lien Mortgage Recording Date: Nov 16, 2020
  • First Open Lien Mortgage Loan Amount: $228,000
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: ENT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 10, 2022
  • Second Open Lien Mortgage Loan Amount: $34,000
  • 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: May 28, 2042

    Market Valuation

  • Market Total Value: $257,000
  • Market Land Value: $45,800
  • Market Improvement Value: $211,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,860
  • Assessed Land Value: $3,180
  • Assessed Improvements Value: $14,680

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Transaction ID: 11799600862
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220185883
  • Previous Sale Recording Date: Jun 24, 2016
  • Previous Sale Contract Date: Jun 24, 2016
  • Previous Sale Amount: $128,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENT CU
  • First Mortgage Transaction Date: Nov 16, 2020
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NORTHPOINTE BANK
  • Previous Mortgage Transaction Date: Jun 24, 2016
  • Previous Mortgage Loan Amount: $132,384
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2046

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 316 Redwood Drive located in?
The 316 Redwood Drive is a located in the neighborhood of Cragmoor in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 316 Redwood Drive?
The average sales price for units in 316 Redwood Drive is $0 currently.

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