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3937 Applewood Drive

3937 Applewood Drive, Colorado Springs, CO 80907
House in Cragmoor
Sold Nov 29, 2018
$284,000
$222,500 by Cardinal Financial Company Lp
Mortgage Due May 01, 2048
Sold Jun 20, 1997
$124,500
3937 Applewood 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 1956 and is 68 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3937 Applewood Drive has 1,849 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 12,036 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 621 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a covered porch and a patio. 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 frame 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 building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of masonry. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3937 Applewood Drive sold most recently in Nov 27, 2018 for a total of $284,000. If you work out the math, that's approximately a cost of $153.60 per sqft. Before that, the property was also sold for $124,500 in May 1, 1997. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,225 in taxes each year. 3937 Applewood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,890. If we break it down further, the land itself was valued at $3,500. Improvements to the property, however, were assessed at a total of $18,390. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • 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 Area: 0
  • Garage Type: Detached
  • Garage Square Area: 621
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 12,036
  • Total Building Area: 1,849
  • Gross Building Area: 2,120
  • Building Area: 1,849
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,849
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW RIDGE
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 2 BLK 5 SUB OF BLKS 5, 6 MEADOW RIDGE

Ownership

  • Current Owner : CHAFIN CRAIG R
  • Current Owner 2: CHAFIN KIMBERLY A
  • Previous Owner : IRELAND PATRICIA
  • Previous Owner 2: DALTON TROY
  • Owner Before Previous Owner: DALTON ROBERT E
  • Owner Before Previous Owner 2: DALTON HELGA F
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63292-13-003
  • Block: 5,6
  • Lot: 2
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8912
  • Longitude: -104.807

    Address

  • Full Address: 3937 Applewood Dr
  • Address - House Number: 3937
  • Address - Street Name: Applewood
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C018
  • 4-Digit Zip Code: 4543
  • Zip Code: 80907

Valuation

    Tax

  • Total Area: 1,849
  • Tax Year: 2022
  • Tax Amount: $1,225
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1235
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 86
  • Final Value: 438,220
  • High Value: 492,373
  • Low Value: 384,067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,500
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: May 01, 2021
  • First Open Lien Mortgage Loan Amount: $222,500
  • First Open Lien Mortgage Term: 323
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $314,949
  • Market Land Value: $50,400
  • Market Improvement Value: $264,549

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,890
  • Assessed Land Value: $3,500
  • Assessed Improvements Value: $18,390

    Sales

  • Current Sale Contract Date: Nov 27, 2018
  • Current Sale Recording Date: Nov 29, 2018
  • Current Sale Transaction ID: 11536242116
  • Current Sale Price: $284,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218137569
  • Previous Sale Recording Date: Jun 20, 1997
  • Previous Sale Contract Date: May 01, 1997
  • Previous Sale Amount: $124,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Nov 29, 2018
  • First Mortgage Loan Amount: $227,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

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Frequently Asked Questions

What neighborhood is 3937 Applewood Drive located in?
The 3937 Applewood Drive is a house located in the neighborhood of Cragmoor in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 3937 Applewood Drive?
The average sales price for units in 3937 Applewood Drive is $0 currently.

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