40 Monk Street

40 Monk Street in Colorado Springs, CO was first built in 1966 and is 58 years old. Although, the building on the property was most recently renovated and altered in 1996. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 4 partial bathrooms. 40 Monk Street has 2,211 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 973 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 8,470 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 288 sqft. There are a total of 3 available parking spaces. 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 stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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, 40 Monk Street sold most recently in Jul 6, 2021 for a total of $400,000. If you work out the math, that's approximately a cost of $160.06 per sqft. Before that, the property was also sold for $268,500 in Sep 1, 2017. 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 $1,505 in taxes each year. 40 Monk Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,590. If we break it down further, the land itself was valued at $2,780. Improvements to the property, however, were assessed at a total of $18,810. 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.