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4385 Hanging Lake Circle

4385 Hanging Lake Circle, Colorado Springs, CO 80924
Property in Wolf Ranch
Sold Nov 30, 2020
$792,014
$457,000 by Nbh Bank Na
Mortgage Due Dec 01, 2050
Sold Feb 11, 2020
$441,000
4385 Hanging Lake Circle in Colorado Springs, CO was first built in 2020 and is 4 years old. 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 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 4385 Hanging Lake Circle has 4,168 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 2,280 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 8,104 square feet.

Learn more about the property and building on this page. There is a covered porch. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 683 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 B. The exterior walls of the home are made of stucco. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 25, 2020 for $792,014. That's $149.49 per sqft. Prior to that sales transaction, the property was also sold in Feb 6, 2020 for $441,000. 4385 Hanging Lake Circle was last assessed in 2022. The total value of the property was assessed at $53,860. Specifically, the land the property is located on was valued at $7,390. While improvements on the property were assessed at a total of $46,470. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,564. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 2,280
  • Garage Type: Attached
  • Garage Square Area: 683
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,104
  • Total Building Area: 5,298
  • Gross Building Area: 5,559
  • Building Area: 4,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORDERA FIL NO 5 PHASES II-IV
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 38 CORDERA FIL NO 5 PHASES II-IV

Ownership

  • Current Owner : VIGIL STEVEN J
  • Current Owner 2: VIGIL STEPHANIE J
  • Previous Owner : GOETZMANN CUSTOM HOMES INC
  • Owner Before Previous Owner: HIGH VALLEY LAND COMPANY INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JFX
  • Census Tract: 007105

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MP: 2261
  • Parcel: 62261-11-007
  • Lot: 38
  • Municipality: ACADEMY SCHOOL NO 20
  • Latitude: 38.9829
  • Longitude: -104.746

    Address

  • Full Address: 4385 Hanging Lake Cir
  • Address - House Number: 4385
  • Address - Street Name: Hanging Lake
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R093
  • 4-Digit Zip Code: 4509
  • Zip Code: 80924

Valuation

    Tax

  • Total Area: 4,615
  • Tax Year: 2022
  • Tax Amount: $3,564
  • Tax Rate Code Area: JFX

    Appraisal Valuation

  • Standard Deviation: 0.1109
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 946,373
  • High Value: 1,051,348
  • Low Value: 841,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $457,000
  • First Open Lien Mortgage Lender: NBH BANK NA
  • First Open Lien Mortgage Recording Date: Nov 30, 2020
  • First Open Lien Mortgage Loan Amount: $457,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $774,900
  • Market Land Value: $106,300
  • Market Improvement Value: $668,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,860
  • Assessed Land Value: $7,390
  • Assessed Improvements Value: $46,470

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Transaction ID: 11803541304
  • Current Sale Price: $792,014
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220193250
  • Previous Sale Recording Date: Feb 11, 2020
  • Previous Sale Contract Date: Feb 06, 2020
  • Previous Sale Amount: $441,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBH BANK NA
  • First Mortgage Transaction Date: Nov 30, 2020
  • First Mortgage Loan Amount: $457,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Powers



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Frequently Asked Questions

What neighborhood is 4385 Hanging Lake Circle located in?
The 4385 Hanging Lake Circle is a located in the neighborhood of Wolf Ranch in Powers, Colorado Springs.
What is the average sales price for listings in 4385 Hanging Lake Circle?
The average sales price for units in 4385 Hanging Lake Circle is $0 currently.

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