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602 West Ramona Avenue

602 West Ramona Avenue, Colorado Springs, CO 80905
House in Ivywild
Sold Apr 07, 2020
$384,900
$160,000 by United Wholesale Mortgage
Mortgage Due May 01, 2050
Sold Jul 31, 2018
$349,000
$261,750 by Nbh Bank Na
Mortgage Due Aug 01, 2048
Local assessors in Colorado Springs, CO have categorized 602 West Ramona Avenue as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 8,063 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 602 West Ramona Avenue has a total of 1,392 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 288 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 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 - C. The building has a gable or hip style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 602 West Ramona Avenue sold most recently in Apr 6, 2020 for a total of $384,900. If you work out the math, that's approximately a cost of $229.11 per sqft. Before that, the property was also sold for $349,000 in Jul 27, 2018. 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 $1,784 in taxes each year. 602 West Ramona Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $26,180. If we break it down further, the land itself was valued at $3,820. Improvements to the property, however, were assessed at a total of $22,360. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • 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: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,063
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESTRIDGE ESTATES FIL 2
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 21 BLK 2 CRESTRIDGE ESTATES FIL 2

Ownership

  • Current Owner : SPORY KATHERINE J
  • Previous Owner : SHAFFER SHANEY E
  • Owner Before Previous Owner: LONG TERRY R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Cheyenne Mountain School District 12
  • School Tax School District: GBD
  • Census Tract: 003001

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 74251-03-017
  • Block: 2
  • Lot: 21
  • Municipality: CHEYENNE MOUNTAIN 12
  • Latitude: 38.8092
  • Longitude: -104.838

    Address

  • Full Address: 602 W Ramona Ave
  • Address - House Number: 602
  • Street Direction: W
  • Address - Street Name: Ramona
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C019
  • 4-Digit Zip Code: 2034
  • Zip Code: 80905

Valuation

    Tax

  • Total Area: 1,392
  • Tax Year: 2022
  • Tax Amount: $1,784
  • Tax Rate Code Area: GBD

    Appraisal Valuation

  • Standard Deviation: 0.113
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 88
  • Final Value: 535,912
  • High Value: 596,482
  • Low Value: 475,342

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $324,350
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 07, 2020
  • First Open Lien Mortgage Loan Amount: $160,000
  • 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: May 01, 2050
  • Second Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Second Open Lien Mortgage Recording Date: Nov 16, 2020
  • Second Open Lien Mortgage Loan Amount: $164,350
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $376,762
  • Market Land Value: $55,000
  • Market Improvement Value: $321,762

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,180
  • Assessed Land Value: $3,820
  • Assessed Improvements Value: $22,360

    Sales

  • Current Sale Contract Date: Apr 06, 2020
  • Current Sale Recording Date: Apr 07, 2020
  • Current Sale Transaction ID: 11753952742
  • Current Sale Price: $384,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220047953
  • Previous Sale Recording Date: Jul 31, 2018
  • Previous Sale Contract Date: Jul 27, 2018
  • Previous Sale Amount: $349,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 07, 2020
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NBH BANK NA
  • Previous Mortgage Transaction Date: Jul 31, 2018
  • Previous Mortgage Loan Amount: $261,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

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Frequently Asked Questions

What neighborhood is 602 West Ramona Avenue located in?
The 602 West Ramona Avenue is a house located in the neighborhood of Ivywild in Central Colorado City, Colorado Springs.
What is the average sales price for listings in 602 West Ramona Avenue?
The average sales price for units in 602 West Ramona Avenue is $0 currently.

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