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6850 Barela Court

6850 Barela Court, Colorado Springs, CO 80923
House in Ridgeview
Sold Jan 12, 2022
$555,000
$70,000 by Universal Lending Corp
Mortgage Due Feb 01, 2052
Sold Sep 24, 2018
$375,000
$142,000 by Home Mortgage Alliance Llc
Mortgage Due Oct 01, 2048
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Local assessors in Colorado Springs, CO have categorized 6850 Barela Court as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 6,988 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 9 rooms in the home. Of these, 5 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 are 4 full bathrooms. There are also 4 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 6850 Barela Court has a total of 3,607 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,846 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 473 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 covered 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 wood siding 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. 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, 6850 Barela Court sold most recently in Jan 7, 2022 for a total of $555,000. If you work out the math, that's approximately a cost of $132.74 per sqft. Before that, the property was also sold for $375,000 in Sep 21, 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 $1,591 in taxes each year. 6850 Barela Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $27,300. 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 $23,130. 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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • 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: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,846
  • Garage Type: Attached
  • Garage Square Area: 473
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,988
  • Total Building Area: 4,181
  • Gross Building Area: 4,223
  • Building Area: 3,607
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,607
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEVIEW AT STETSON HILLS FIL NO 30
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 92 RIDGEVIEW AT STETSON HILLS FIL NO 30

Ownership

  • Current Owner : KIAER MATTHEW R
  • Previous Owner : THE KEN & CONNIE TRUST
  • Owner Before Previous Owner: MORGAN JUSTIN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SCN
  • Census Tract: 005120

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 53184-18-024
  • Lot: 92
  • Municipality: FALCON 49
  • Latitude: 38.9129
  • Longitude: -104.703

    Address

  • Full Address: 6850 Barela Ct
  • Address - House Number: 6850
  • Address - Street Name: Barela
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R006
  • 4-Digit Zip Code: 4401
  • Zip Code: 80923

Valuation

    Tax

  • Total Area: 3,708
  • Tax Year: 2022
  • Tax Amount: $1,591
  • Tax Rate Code Area: SCN

    Appraisal Valuation

  • Standard Deviation: 0.1381
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 83
  • Final Value: 566,005
  • High Value: 644,187
  • Low Value: 487,822

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: UNIVERSAL LENDING CORP
  • First Open Lien Mortgage Recording Date: Jan 12, 2022
  • First Open Lien Mortgage Loan Amount: $70,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $392,772
  • Market Land Value: $60,000
  • Market Improvement Value: $332,772

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,300
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $23,130

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 12, 2022
  • Current Sale Transaction ID: 11877345388
  • Current Sale Price: $555,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 222006046
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Contract Date: Sep 21, 2018
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL LENDING CORP
  • First Mortgage Transaction Date: Jan 12, 2022
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HOME MORTGAGE ALLIANCE LLC
  • Previous Mortgage Transaction Date: Sep 24, 2018
  • Previous Mortgage Loan Amount: $142,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Powers



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Frequently Asked Questions

What neighborhood is 6850 Barela Court located in?
The 6850 Barela Court is a house located in the neighborhood of Ridgeview in Powers, Colorado Springs.
What is the average sales price for listings in 6850 Barela Court?
The average sales price for units in 6850 Barela Court is $0 currently.

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