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4870 Walking Horse Point

4870 Walking Horse Point, Colorado Springs, CO 80923
Townhouse in Sundown
Sold May 25, 2018
$260,000
$108,000 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2033
Sold Jun 09, 2016
$199,000
$195,395 by Quicken Loans Inc
Mortgage Due Jul 01, 2046
Local assessors in Colorado Springs, CO have categorized 4870 Walking Horse Point 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 1,210 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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, 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 is one full bathroom. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4870 Walking Horse Point has a total of 1,935 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 finished improved basement that is 580 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 440 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 both a covered porch and a patio so you'll have great options in both the front and 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 - B. The building has a gable style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 25, 2018 for $260,000. That's $109.47 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2016 for $199,000. 4870 Walking Horse Point was last assessed in 2022. The total value of the property was assessed at $20,390. Specifically, the land the property is located on was valued at $3,750. While improvements on the property were assessed at a total of $16,640. 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 $1,221. 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! 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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 580
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 1,210
  • Total Building Area: 2,375
  • Gross Building Area: 2,397
  • Building Area: 1,935
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,935
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SADDLEBACK TOWNHOMES FIL NO 1
  • Land Acres: 0.028
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 2 SADDLEBACK TOWNHOMES FIL NO 1 CO SPGS

Ownership

  • Current Owner : OBERMARK KENNETH V
  • Current Owner 2: OBERMARK ERICA I
  • Previous Owner : CARR PHILLIP N
  • Previous Owner 2: CARR CAROLIN C
  • Owner Before Previous Owner: THURMAN SAMUEL
  • Owner Before Previous Owner 2: THURMAN REGENIA R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FCB
  • Census Tract: 004707

Zoning

  • Zoning: R5/CR AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63133-07-002
  • Lot: 2
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9165
  • Longitude: -104.733

    Address

  • Full Address: 4870 Walking Horse Pt
  • Address - House Number: 4870
  • Address - Street Name: Walking Horse
  • Address - Suffix Type: Pt
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C072
  • 4-Digit Zip Code: 1108
  • Zip Code: 80923

Valuation

    Tax

  • Total Area: 1,935
  • Tax Year: 2022
  • Tax Amount: $1,221
  • Tax Rate Code Area: FCB

    Appraisal Valuation

  • Standard Deviation: 0.1269
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 85
  • Final Value: 423,350
  • High Value: 477,112
  • Low Value: 369,587

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 25, 2018
  • First Open Lien Mortgage Loan Amount: $108,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2033

    Market Valuation

  • Market Total Value: $293,383
  • Market Land Value: $54,000
  • Market Improvement Value: $239,383

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,390
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $16,640

    Sales

  • Current Sale Contract Date: May 25, 2018
  • Current Sale Recording Date: May 25, 2018
  • Current Sale Transaction ID: 11465740494
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218059695
  • Previous Sale Recording Date: Jun 09, 2016
  • Previous Sale Contract Date: Jun 06, 2016
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 25, 2018
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Jun 09, 2016
  • Previous Mortgage Loan Amount: $195,395
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Powers



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Frequently Asked Questions

What neighborhood is 4870 Walking Horse Point located in?
The 4870 Walking Horse Point is a townhouse located in the neighborhood of Sundown in Powers, Colorado Springs.
What is the average sales price for listings in 4870 Walking Horse Point?
The average sales price for units in 4870 Walking Horse Point is $260,000 , or $134/sqft. currently.

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