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4235 Hopeful Drive

4235 Hopeful Drive, Colorado Springs, CO 80917
Sold Jul 30, 2020
$285,000
$279,837 by Bay Equity Llc
Mortgage Due Aug 01, 2050
Sold Jun 06, 2018
$260,000
$259,999 by Primelending
Mortgage Due Jun 01, 2048
Local assessors in Colorado Springs, CO have categorized 4235 Hopeful Drive as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 11,200 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 is one full bathroom. 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 4235 Hopeful Drive has a total of 1,795 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 995 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 523 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 patio so you'll have a great option in the 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 wood siding 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, 4235 Hopeful Drive sold most recently in Jul 29, 2020 for a total of $285,000. If you work out the math, that's approximately a cost of $113.41 per sqft. Before that, the property was also sold for $260,000 in May 31, 2018. 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 $1,131 in taxes each year. 4235 Hopeful Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,220. If we break it down further, the land itself was valued at $3,340. Improvements to the property, however, were assessed at a total of $16,880. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • 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 Type: Partial basement
  • Basement Area: 995
  • Garage Type: Attached
  • Garage Square Area: 523
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,200
  • Total Building Area: 2,513
  • Gross Building Area: 2,513
  • Building Area: 1,795
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,795
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHRIDGE FIL NO 2
  • Land Acres: 0.257
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 7 BLK 8 NORTHRIDGE FIL NO 2 COLO SPGS

Ownership

  • Current Owner : WILLIAMS AMBER DEANNA
  • Current Owner 2: SLUSHER DAMON BLUE
  • Previous Owner : ARVIZU GINNY MARIE
  • Previous Owner 2: ARVIZU SAUL F
  • Owner Before Previous Owner: HARWOOD DAVID C
  • Owner Before Previous Owner 2: HARWOOD MARY ANN
  • 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: 005502

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63261-01-007
  • Block: 8
  • Lot: 7
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8928
  • Longitude: -104.746

    Address

  • Full Address: 4235 Hopeful Dr
  • Address - House Number: 4235
  • Address - Street Name: Hopeful
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C021
  • 4-Digit Zip Code: 1516
  • Zip Code: 80917

Valuation

    Tax

  • Total Area: 1,990
  • Tax Year: 2022
  • Tax Amount: $1,131
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1294
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 85
  • Final Value: 411,833
  • High Value: 465,144
  • Low Value: 358,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $279,837
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Jul 30, 2020
  • First Open Lien Mortgage Loan Amount: $279,837
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $290,817
  • Market Land Value: $48,000
  • Market Improvement Value: $242,817

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,220
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $16,880

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Transaction ID: 11776580766
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220112273
  • Previous Sale Recording Date: Jun 06, 2018
  • Previous Sale Contract Date: May 31, 2018
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Jul 30, 2020
  • First Mortgage Loan Amount: $279,837
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Jun 06, 2018
  • Previous Mortgage Loan Amount: $259,999
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Powers



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Frequently Asked Questions

What neighborhood is 4235 Hopeful Drive located in?
The 4235 Hopeful Drive is a house located in the neighborhood of Village Seven in Powers, Colorado Springs.
What is the average sales price for listings in 4235 Hopeful Drive?
The average sales price for units in 4235 Hopeful Drive is $0 currently.

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