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3960 Inspiration Drive

3960 Inspiration Drive, Colorado Springs, CO 80917
Property in Village Seven
Sold Jun 27, 2016
$245,000
$503,500 by Vip Mortgage Inc
Mortgage Due May 01, 2052
Sold Sep 03, 1996
$160,000
$163,200 by Union Fsb Of Indianapolis
Mortgage Due Sep 01, 2026
Local assessors in Colorado Springs, CO have categorized 3960 Inspiration Drive as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 10,728 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3960 Inspiration Drive has a total of 2,804 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 689 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 451 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 stucco 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3960 Inspiration Drive sold most recently in Jun 24, 2016 for a total of $245,000. If you work out the math, that's approximately a cost of $73.24 per sqft. Before that, the property was also sold for $160,000 in Aug 29, 1996. 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 $1,388 in taxes each year. 3960 Inspiration Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $24,800. If we break it down further, the land itself was valued at $4,170. Improvements to the property, however, were assessed at a total of $20,630. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 689
  • Garage Type: Attached
  • Garage Square Area: 451
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 10,728
  • Total Building Area: 3,345
  • Gross Building Area: 3,585
  • Building Area: 2,804
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE HOMESTEAD SUB FIL NO 13
  • Land Acres: 0.246
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 32 BLK 6 THE HOMESTEAD SUB FIL NO 13

Ownership

  • Current Owner : BOSSI BARBARA A
  • Previous Owner : BRENNAN NANCY A
  • Owner Before Previous Owner: WIPPRECHT BECKY U
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 005601

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63251-08-001
  • Block: 6
  • Lot: 32
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.89
  • Longitude: -104.728

    Address

  • Full Address: 3960 Inspiration Dr
  • Address - House Number: 3960
  • Address - Street Name: Inspiration
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C097
  • 4-Digit Zip Code: 1838
  • Zip Code: 80917

Valuation

    Tax

  • Total Area: 2,894
  • Tax Year: 2022
  • Tax Amount: $1,388
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1208
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 86
  • Final Value: 488,447
  • High Value: 547,464
  • Low Value: 429,430

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $503,500
  • First Open Lien Mortgage Lender: VIP MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 22, 2022
  • First Open Lien Mortgage Loan Amount: $503,500
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $356,776
  • Market Land Value: $60,000
  • Market Improvement Value: $296,776

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,800
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $20,630

    Sales

  • Current Sale Contract Date: Jun 24, 2016
  • Current Sale Recording Date: Jun 27, 2016
  • Current Sale Transaction ID: 1848950986
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 216069971
  • Previous Sale Recording Date: Sep 03, 1996
  • Previous Sale Contract Date: Aug 29, 1996
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Jun 27, 2016
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: UNION FSB OF INDIANAPOLIS
  • Previous Mortgage Transaction Date: Sep 03, 1996
  • Previous Mortgage Loan Amount: $163,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2026

About Powers



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,210 /mo

  • 2 Beds
  • 2 Baths
  • 1,032 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3960 Inspiration Drive located in?
The 3960 Inspiration Drive is a located in the neighborhood of Village Seven in Powers, Colorado Springs.
What is the average sales price for listings in 3960 Inspiration Drive?
The average sales price for units in 3960 Inspiration Drive is $0 currently.

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