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Sold Apr 08, 2020
$760,000
Seller
$542,997
by Guaranteed Rate Inc
Mortgage Due May 01, 2050
Sold Jan 21, 2017
$635,000
Buyer
$500,000
by Farmers Exchange Bank
Mortgage
4973 Rainbow Gulch Trail 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 2008 and is 16 years old.
The home has a total of 12 rooms. 5 of these rooms are legally considered as bedrooms.
Residents will have access to 3 full bathrooms.
There are 4 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 4973 Rainbow Gulch Trail has 5,023 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,687 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage.
The area measurement of the land has been determined as 12,984 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 852 sqft. According to our sources, there are a total of 3 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 B 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 stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4973 Rainbow Gulch Trail was last sold in Apr 2, 2020 for $760,000. According to our calculations, that's $125.77 per sqft. Prior to that sales transaction, the property was sold for $635,000 in Jan 17, 2017. Current property owners are expected to pay $3,388 in taxes per year. The property on 4973 Rainbow Gulch Trail was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $51,210. To break that down further, the land itself was valued at $9,600. While improvements to the property were assessed at a total of $41,610. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
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 852 sqft. According to our sources, there are a total of 3 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 B 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 stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4973 Rainbow Gulch Trail was last sold in Apr 2, 2020 for $760,000. According to our calculations, that's $125.77 per sqft. Prior to that sales transaction, the property was sold for $635,000 in Jan 17, 2017. Current property owners are expected to pay $3,388 in taxes per year. The property on 4973 Rainbow Gulch Trail was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $51,210. To break that down further, the land itself was valued at $9,600. While improvements to the property were assessed at a total of $41,610. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Building Features
Exterior
Brick Exterior
Stone Exterior
Stucco Exterior
Parking
Attached Garage
This property description is generated based on publicly available data.
Building Info
Overview
Building
Neighborhood
Zoning
Geography
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