416 North Franklin Street

416 North Franklin Street in Colorado Springs, CO was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 416 North Franklin Street has 1,786 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. In total, the area measurement of the land is 7,500 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 572 sqft. There are a total of 2 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 wood siding. While the interior walls are made of plaster. 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, 416 North Franklin Street sold most recently in Sep 25, 2018 for a total of $362,000. If you work out the math, that's approximately a cost of $131.88 per sqft. Before that, the property was also sold for $85,000 in Mar 31, 2006. 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 $1,925 in taxes each year. 416 North Franklin Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $34,400. 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 $30,230. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.