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367 Fay Drive

367 Fay Drive, Colorado Springs, CO 80911
Property in Fountain Valley
Refi Oct 29, 2021
Transfer
$65,000 by Security Service Fcu
Mortgage
367 Fay Drive in Colorado Springs, CO was first built in 1967 and is 57 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 367 Fay Drive has 1,946 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. The basement is 1,041 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 7,600 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 282 sqft. There is one available parking space. 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. Current property owners are expected to pay $1,227 in taxes per year. The property on 367 Fay Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $17,600. To break that down further, the land itself was valued at $3,410. While improvements to the property were assessed at a total of $14,190. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • 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 Type: Partial basement
  • Basement Area: 1,041
  • Garage Type: Attached
  • Garage Square Area: 282
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,600
  • Total Building Area: 2,449
  • Gross Building Area: 2,523
  • Building Area: 1,946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,946
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSONS WIDEFIELD ADD 1
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 25 BLK 3 WILSONS WIDEFIELD ADD 1

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Widefield School District 3
  • School Tax School District: DDA
  • Census Tract: 004506

Zoning

  • Zoning: RS-5000 CA

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 55193-02-014
  • Block: 3
  • Lot: 25
  • Municipality: WIDEFIELD 3
  • Latitude: 38.7295
  • Longitude: -104.717

    Address

  • Full Address: 367 Fay Dr
  • Address - House Number: 367
  • Address - Street Name: Fay
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C009
  • 4-Digit Zip Code: 2306
  • Zip Code: 80911

Valuation

    Tax

  • Total Area: 2,167
  • Tax Year: 2022
  • Tax Amount: $1,227
  • Tax Rate Code Area: DDA

    Appraisal Valuation

  • Standard Deviation: 0.1185
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 87
  • Final Value: 386,540
  • High Value: 432,370
  • Low Value: 340,710

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,000
  • First Open Lien Mortgage Lender: SECURITY SERVICE FCU
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $65,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $253,191
  • Market Land Value: $49,000
  • Market Improvement Value: $204,191

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,600
  • Assessed Land Value: $3,410
  • Assessed Improvements Value: $14,190

About Fountain Valley



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Nearby Rentals

Unit for rent at 6685 Fielding Terrace, Colorado Springs, CO, 80911

$2,150 /mo

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  • 2.5 Baths
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6685 Fielding Terrace #6685 Fielding Terrace, Colorado Springs, CO, 80911 Listing by Manager

Frequently Asked Questions

What neighborhood is 367 Fay Drive located in?
The 367 Fay Drive is a located in the neighborhood of Fountain Valley in Fountain Valley, Colorado Springs.
What is the average sales price for listings in 367 Fay Drive?
The average sales price for units in 367 Fay Drive is $0 currently.

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