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686 Echo Lane

686 Echo Lane, Colorado Springs, CO 80904
Sold Nov 25, 2019
$220,000
$219,500 by V I P Mortgage Inc
Mortgage Due May 01, 2051
Sold Aug 15, 2017
$186,500
$167,850 by Nova Financial & Investment Co
Mortgage Due Sep 01, 2047
Local assessors in Colorado Springs, CO have categorized 686 Echo Lane as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 2,421 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 686 Echo Lane has a total of 1,512 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 detached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 flat style roof that was made of asphalt and ply sheets in a built-up roof style. 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 686 Echo Lane was last sold in Nov 15, 2019 for $220,000. According to our calculations, that's $145.50 per sqft. Prior to that sales transaction, the property was sold for $186,500 in Aug 15, 2017. Current property owners are expected to pay $861 in taxes per year. The property on 686 Echo Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $15,390. To break that down further, the land itself was valued at $3,060. While improvements to the property were assessed at a total of $12,330. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Stucco Exterior

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: Townhouse
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 2,421
  • Total Building Area: 1,512
  • Gross Building Area: 1,547
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AMENDMENT NO 1 TO ECHO LANE TOWNHOMES
  • Land Acres: 0.056
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 6 BLK 1 AMENDMENT NO 1 TO ECHO LANE TOWNHOMES

Ownership

  • Current Owner : BACHE CATHERINE
  • Previous Owner : BELI JULIA L
  • Owner Before Previous Owner: EIMS RANDOLPH STEVEN
  • Owner Before Previous Owner 2: EIMS JACQUELINE ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 006600

Zoning

  • Zoning: PUD HS

Geography

  • Assessors Map Reference: Mar 14, 2067
  • Parcel: 74034-05-024
  • Block: 1
  • Lot: 6
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8604
  • Longitude: -104.871

    Address

  • Full Address: 686 Echo Ln
  • Address - House Number: 686
  • Address - Street Name: Echo
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C021
  • 4-Digit Zip Code: 2072
  • Zip Code: 80904

Valuation

    Tax

  • Total Area: 1,512
  • Tax Year: 2022
  • Tax Amount: $861
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1287
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 85
  • Final Value: 328,114
  • High Value: 370,352
  • Low Value: 285,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $219,500
  • First Open Lien Mortgage Lender: V I P MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 26, 2021
  • First Open Lien Mortgage Loan Amount: $219,500
  • 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, 2051

    Market Valuation

  • Market Total Value: $221,469
  • Market Land Value: $44,000
  • Market Improvement Value: $177,469

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,390
  • Assessed Land Value: $3,060
  • Assessed Improvements Value: $12,330

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Nov 25, 2019
  • Current Sale Transaction ID: 11704717436
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219148691
  • Previous Sale Recording Date: Aug 15, 2017
  • Previous Sale Contract Date: Aug 15, 2017
  • Previous Sale Amount: $186,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE SOLUTIONS OF COLORADO
  • First Mortgage Transaction Date: Nov 25, 2019
  • First Mortgage Loan Amount: $209,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • Previous Mortgage Transaction Date: Aug 15, 2017
  • Previous Mortgage Loan Amount: $167,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 686 Echo Lane located in?
The 686 Echo Lane is a other located in the neighborhood of Old Colorado City in Old Colorado City, Colorado Springs.
What is the average sales price for listings in 686 Echo Lane?
The average sales price for units in 686 Echo Lane is $0 currently.

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