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6878 Summer Grace Street

6878 Summer Grace Street, Colorado Springs, CO 80922
House in Ridgeview
Sold Mar 15, 2019
$265,000
$297,600 by Draper & Kramer Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Sep 02, 2009
$175,000
Buyer
$171,830 by Cb&t Mortgage Llc
Mortgage Due Sep 01, 2039
6878 Summer Grace Street in Colorado Springs, CO was first built in 2002 and is 22 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 ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 6878 Summer Grace Street has 1,152 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 5,398 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 500 sqft. There are a total of 2 available parking spaces. 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 wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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, 6878 Summer Grace Street sold most recently in Mar 7, 2019 for a total of $265,000. If you work out the math, that's approximately a cost of $94.51 per sqft. Before that, the property was also sold for $175,000 in Aug 31, 2009. 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 $1,231 in taxes each year. 6878 Summer Grace Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,120. 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 $16,950. 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. 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.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.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
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: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Unspecified basement
  • Basement Area: 1,152
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,398
  • Total Building Area: 2,804
  • Gross Building Area: 2,864
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEVIEW AT STETSON HILLS FIL NO 31
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 37 RIDGEVIEW AT STETSON HILLS FIL NO 31

Ownership

  • Current Owner : POTMAN KENNETH M
  • Previous Owner : BUCK ROY W
  • Owner Before Previous Owner: BROOKS DAVID M
  • Is Owner Occupied: Owner-occupied property

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: 53184-30-035
  • Lot: 37
  • Municipality: FALCON 49
  • Latitude: 38.9153
  • Longitude: -104.705

    Address

  • Full Address: 6878 Summer Grace St
  • Address - House Number: 6878
  • Address - Street Name: Summer Grace
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R006
  • 4-Digit Zip Code: 4447
  • Zip Code: 80923

Valuation

    Tax

  • Total Area: 2,304
  • Tax Year: 2022
  • Tax Amount: $1,231
  • Tax Rate Code Area: SCN

    Appraisal Valuation

  • Standard Deviation: 0.1268
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 85
  • Final Value: 418,885
  • High Value: 472,014
  • Low Value: 365,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,600
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $297,600
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $303,854
  • Market Land Value: $60,000
  • Market Improvement Value: $243,854

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,120
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $16,950

    Sales

  • Current Sale Contract Date: Mar 07, 2019
  • Current Sale Recording Date: Mar 15, 2019
  • Current Sale Transaction ID: 11590391112
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219025990
  • Previous Sale Recording Date: Sep 02, 2009
  • Previous Sale Contract Date: Aug 31, 2009
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Mar 15, 2019
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CB&T MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 02, 2009
  • Previous Mortgage Loan Amount: $171,830
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2039

About Powers



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Frequently Asked Questions

What neighborhood is 6878 Summer Grace Street located in?
The 6878 Summer Grace Street is a house located in the neighborhood of Ridgeview in Powers, Colorado Springs.
What is the average sales price for listings in 6878 Summer Grace Street?
The average sales price for units in 6878 Summer Grace Street is $0 currently.

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