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4923 Laredo Ridge Drive

4923 Laredo Ridge Drive, Colorado Springs, CO 80922
Sold Oct 28, 2019
$330,000
Sold Aug 29, 2017
$274,000
$260,300 by American Liberty Mortgage Inc
Mortgage Due Sep 01, 2047
4923 Laredo Ridge Drive has been categorized by the local assessors in Colorado Springs, CO as a residential type of property. The building on the property was first built in 2000 and is 24 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4923 Laredo Ridge Drive has 2,027 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,709 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a covered porch and a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4923 Laredo Ridge Drive sold most recently in Oct 18, 2019 for a total of $330,000. If you work out the math, that's approximately a cost of $98.60 per sqft. Before that, the property was also sold for $274,000 in Aug 29, 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 $1,492 in taxes each year. 4923 Laredo Ridge Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $24,000. 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 $19,830. 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.

Building Features

Exterior

Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • 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: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 900
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,709
  • Total Building Area: 3,347
  • Gross Building Area: 3,517
  • Building Area: 2,027
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,027
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STETSON HILLS SUB FIL 25
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 39 STETSON HILLS SUB FIL 25

Ownership

  • Current Owner : PANNINGTON JAMIE R
  • Current Owner 2: PANNINGTON JOHN C
  • Previous Owner : RICHARDSON ERIK
  • Previous Owner 2: TIERNAN HEATHER MICHELE
  • Owner Before Previous Owner: SHOFNER TAMMY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SCK
  • Census Tract: 005112

Zoning

  • Zoning: R1-6 DF AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 53193-08-034
  • Lot: 39
  • Municipality: FALCON 49
  • Latitude: 38.902
  • Longitude: -104.718

    Address

  • Full Address: 4923 Laredo Ridge Dr
  • Address - House Number: 4923
  • Address - Street Name: Laredo Ridge
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C037
  • 4-Digit Zip Code: 2224
  • Zip Code: 80922

Valuation

    Tax

  • Total Area: 2,927
  • Tax Year: 2022
  • Tax Amount: $1,492
  • Tax Rate Code Area: SCK

    Appraisal Valuation

  • Standard Deviation: 0.1189
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 474,104
  • High Value: 530,477
  • Low Value: 417,731

    Market Valuation

  • Market Total Value: $345,292
  • Market Land Value: $60,000
  • Market Improvement Value: $285,292

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $19,830

    Sales

  • Current Sale Contract Date: Oct 18, 2019
  • Current Sale Recording Date: Oct 28, 2019
  • Current Sale Transaction ID: 11664598583
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219134342
  • Previous Sale Recording Date: Aug 29, 2017
  • Previous Sale Contract Date: Aug 29, 2017
  • Previous Sale Amount: $274,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 28, 2019
  • First Mortgage Loan Amount: $313,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN LIBERTY MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 29, 2017
  • Previous Mortgage Loan Amount: $260,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Powers



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Frequently Asked Questions

What neighborhood is 4923 Laredo Ridge Drive located in?
The 4923 Laredo Ridge Drive is a house located in the neighborhood of Stetson Hills in Powers, Colorado Springs.
What is the average sales price for listings in 4923 Laredo Ridge Drive?
The average sales price for units in 4923 Laredo Ridge Drive is $0 currently.

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