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40 Rex Circle

40 Rex Circle, Salida, CO 81201
House in Chaffee
Sold Mar 10, 2020
$340,000
$240,000 by Net 1 Funding Corp
Mortgage Due Mar 01, 2050
Sold Aug 03, 2017
$269,000
Local assessors in Salida, CO have categorized 40 Rex Circle as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 5,508 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a prefab, modular style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 40 Rex Circle has a total of 1,360 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 attached garage for those who need a place to park their vehicle. The garage on the property is 420 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 a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - D. The building has a gable style roof that was made of composition shingle. Lots of unknown 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. 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 Rex Circle sold most recently in Mar 6, 2020 for a total of $340,000. If you work out the math, that's approximately a cost of $250.00 per sqft. Before that, the property was also sold for $269,000 in Jul 31, 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 $954 in taxes each year. 40 Rex Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,010. If we break it down further, the land itself was valued at $5,510. Improvements to the property, however, were assessed at a total of $14,500. 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.

Building Features

Parking

Carport
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Prefab, Modular
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,508
  • Total Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHAVANO ESTATES
  • Land Acres: 0.126
  • Standard Land Use Code: Modular/pre-fabricated homes
  • Legal Description 1: LOT 40 SHAVANO ESTATES SUB PLAT 283609 SAL145 AMENDED PLAT 293105 SAL151 REC 457560

Ownership

  • Current Owner : SMYRL WILLIAM TANNER
  • Previous Owner : LEE MICHAELANN
  • Owner Before Previous Owner: PETER DEREK T
  • Owner Before Previous Owner 2: PETER CHERYL

Neighborhood

  • School District Name: Salida School District R-32
  • Census Tract: 000200

Geography

  • District: CH
  • Parcel: R380706300091
  • Lot: 40
  • Meridian: SEC 6 TWN 49N RNG 9E
  • Latitude: 38.5259
  • Longitude: -106.017

    Address

  • Full Address: 40 Rex Cir
  • Address - House Number: 40
  • Address - Street Name: Rex
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Salida
  • Carrier Code: R001
  • 4-Digit Zip Code: 9347
  • Zip Code: 81201

Valuation

    Tax

  • Total Area: 1,360
  • Tax Year: 2022
  • Tax Amount: $954
  • Tax Rate Code Area: 07

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 493,867
  • High Value: 586,174
  • Low Value: 401,560

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: NET 1 FUNDING CORP
  • First Open Lien Mortgage Recording Date: Mar 10, 2020
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $288,030
  • Market Land Value: $79,340
  • Market Improvement Value: $208,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,010
  • Assessed Land Value: $5,510
  • Assessed Improvements Value: $14,500

    Sales

  • Current Sale Contract Date: Mar 06, 2020
  • Current Sale Recording Date: Mar 10, 2020
  • Current Sale Transaction ID: 11755540961
  • Current Sale Price: $340,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 457560
  • Previous Sale Recording Date: Aug 03, 2017
  • Previous Sale Contract Date: Jul 31, 2017
  • Previous Sale Amount: $269,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NET 1 FUNDING CORP
  • First Mortgage Transaction Date: Mar 10, 2020
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Salida



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Frequently Asked Questions

What neighborhood is 40 Rex Circle located in?
The 40 Rex Circle is a house located in the neighborhood of Chaffee in Salida, Salida.
What is the average sales price for listings in 40 Rex Circle?
The average sales price for units in 40 Rex Circle is $0 currently.

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