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615 North Wahsatch Avenue

615 North Wahsatch Avenue, Colorado Springs, CO 80903
Multifamily in Shooks Run
Sold May 31, 2019
$265,000
$400,000 by Firstbank
Mortgage Due Jul 01, 2036
Sold Jan 01, 1985
Transfer
615 North Wahsatch Avenue in Colorado Springs, CO was first built in 1893 and is 131 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 615 North Wahsatch Avenue has 2,280 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,125 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of composition shingle. For those who need parking, there is a detached garage. The garage is 360 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 615 North Wahsatch Avenue was last sold in May 28, 2019 for $265,000. According to our calculations, that's $98.00 per sqft. Current property owners are expected to pay $1,508 in taxes per year. The property on 615 North Wahsatch Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $26,940. To break that down further, the land itself was valued at $4,170. While improvements to the property were assessed at a total of $22,770. 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. 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.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: 1893
  • Effective Year Built: 1893
  • Building Count: 2
  • Total Rooms: 10
  • 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: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 424
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,125
  • Total Building Area: 2,704
  • Gross Building Area: 2,972
  • Building Area: 2,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ADD 1
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: N 37.5 FT OF S 225 FT OF W 190 FT OF BLK 231 ADD 1 COLO SPGS

Ownership

  • Current Owner : WABSATCH INVESTMENTS LLC
  • Previous Owner : SAYLOR RANDALL B
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 001700

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Jul 14, 2066
  • Parcel: 64074-10-032
  • Block: 231
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8429
  • Longitude: -104.817

    Address

  • Full Address: 615 N Wahsatch Ave
  • Address - House Number: 615
  • Street Direction: N
  • Address - Street Name: Wahsatch
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C034
  • 4-Digit Zip Code: 3003
  • Zip Code: 80903

Valuation

    Tax

  • Total Area: 2,196
  • Tax Year: 2022
  • Tax Amount: $1,508
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1808
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 76
  • Final Value: 544,778
  • High Value: 643,308
  • Low Value: 446,248

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Jul 01, 2036

    Market Valuation

  • Market Total Value: $387,526
  • Market Land Value: $60,000
  • Market Improvement Value: $327,526

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,940
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $22,770

    Sales

  • Current Sale Contract Date: May 28, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Transaction ID: 11610507778
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219059156
  • Previous Sale Recording Date: Jan 01, 1985
  • Previous Sale Contract Date: Jan 01, 1985
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SHOPNCCK FAMILY FOUNDATION
  • First Mortgage Transaction Date: May 31, 2019
  • First Mortgage Loan Amount: $261,000
  • First Mortgage Terms: 8
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Feb 27, 2020

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Frequently Asked Questions

What neighborhood is 615 North Wahsatch Avenue located in?
The 615 North Wahsatch Avenue is a multifamily located in the neighborhood of Shooks Run in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 615 North Wahsatch Avenue?
The average sales price for units in 615 North Wahsatch Avenue is $0 currently.

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