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4982 Cherry Springs Drive

4982 Cherry Springs Drive, Colorado Springs, CO 80923
Property in Wagon Trails
Sold Mar 09, 2021
$476,500
$381,200 by Ally Bank
Mortgage Due Apr 01, 2051
Sold May 20, 2011
$278,000
$278,000 by Compass Bank
Mortgage Due Jun 01, 2041
4982 Cherry Springs 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 2001 and is 23 years old. The home has a total of 7 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, 4982 Cherry Springs Drive has 2,441 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 9,361 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 660 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 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. 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. 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, 4982 Cherry Springs Drive was last sold in Mar 5, 2021 for $476,500. According to our calculations, that's $114.57 per sqft. Prior to that sales transaction, the property was sold for $278,000 in May 20, 2011. Current property owners are expected to pay $1,711 in taxes per year. The property on 4982 Cherry Springs Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $28,560. To break that down further, the land itself was valued at $4,400. While improvements to the property were assessed at a total of $24,160. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Stucco
  • 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: 1,058
  • Garage Type: Attached
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 9,361
  • Total Building Area: 4,159
  • Gross Building Area: 4,242
  • Building Area: 2,441
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,441
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WAGON TRAILS SUB FIL NO 21
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 12 WAGON TRAILS SUB FIL NO 21 PLAT 10743

Ownership

  • Current Owner : GRAY ROGER B
  • Current Owner 2: GRAY MARGOT RENEE
  • Previous Owner : PAINE CARLOS
  • Owner Before Previous Owner: MCCOY RONDA 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: 004706

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Dec 13, 2066
  • Parcel: 63123-26-012
  • Lot: 12
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9307
  • Longitude: -104.734

    Address

  • Full Address: 4982 Cherry Springs Dr
  • Address - House Number: 4982
  • Address - Street Name: Cherry Springs
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C067
  • 4-Digit Zip Code: 8756
  • Zip Code: 80923

Valuation

    Tax

  • Total Area: 3,498
  • Tax Year: 2022
  • Tax Amount: $1,711
  • Tax Rate Code Area: FCB

    Appraisal Valuation

  • Standard Deviation: 0.1109
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 547,566
  • High Value: 608,304
  • Low Value: 486,828

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $381,200
  • First Open Lien Mortgage Lender: ALLY BANK
  • First Open Lien Mortgage Recording Date: Mar 09, 2021
  • First Open Lien Mortgage Loan Amount: $381,200
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $410,889
  • Market Land Value: $63,300
  • Market Improvement Value: $347,589

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,560
  • Assessed Land Value: $4,400
  • Assessed Improvements Value: $24,160

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 09, 2021
  • Current Sale Transaction ID: 11823620047
  • Current Sale Price: $476,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221046078
  • Previous Sale Recording Date: May 20, 2011
  • Previous Sale Contract Date: May 20, 2011
  • Previous Sale Amount: $278,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLY BANK
  • First Mortgage Transaction Date: Mar 09, 2021
  • First Mortgage Loan Amount: $381,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COMPASS BANK
  • Previous Mortgage Transaction Date: May 20, 2011
  • Previous Mortgage Loan Amount: $278,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2041

About Powers



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4982 Cherry Springs Drive located in?
The 4982 Cherry Springs Drive is a located in the neighborhood of Wagon Trails in Powers, Colorado Springs.
What is the average sales price for listings in 4982 Cherry Springs Drive?
The average sales price for units in 4982 Cherry Springs Drive is $0 currently.

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