Check Availability

701 West Colorado Avenue

701 West Colorado Avenue, Colorado Springs, CO 80905
Property in Westside
701 West Colorado Avenue in Colorado Springs, CO was first built in 1971 and is 53 years old. This has been categorized as a commercial property type. It is a single story home. 701 West Colorado Avenue has 495 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 4,368 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. 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 heating system. 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, 701 West Colorado Avenue was last sold in Jul 17, 2009 for $155,000. According to our calculations, that's $313.13 per sqft. Current property owners are expected to pay $4,106 in taxes per year. The property on 701 West Colorado Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $73,370. To break that down further, the land itself was valued at $13,930. While improvements to the property were assessed at a total of $59,440. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: D
  • Construction Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,368
  • Total Building Area: 495
  • Gross Building Area: 495
  • Building Area: 495
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 495
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: WEST BLUFF ADD
  • Land Acres: 0.1
  • Standard Land Use Code: Commercial building
  • Legal Description 1: PART OF LOTS 7, 8 BLK 2 WEST BLUFF ADD COLO SPGS, AS FOLS, BEG AT NW COR OF LOT 7, RUN ALG NLY LN OF LOTS 7, 8 TO NE COR OF LOT 8, TH SWLY 61 FT ALG E LN OF LOT 8, TH WLY TO PT ON WLY LN OF LOT 7, TH NELY 70 FT TO POB

Ownership

  • Current Owner : MONTANO JOHN
  • Current Owner 2: MONTANO ANNAMARIA
  • Previous Owner : IB PROPERTY HOLDINGS LLC
  • Owner Before Previous Owner: FITZGERALD KATHALEEN L
  • Owner Before Previous Owner 2: FITZGERALD RORY M
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 001500

Zoning

  • Zoning: C5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 74131-30-001
  • Block: 2
  • Lot: 7,8
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8327
  • Longitude: -104.838

    Address

  • Full Address: 701 W Colorado Ave
  • Address - House Number: 701
  • Street Direction: W
  • Address - Street Name: Colorado
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C014
  • 4-Digit Zip Code: 1514
  • Zip Code: 80905

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,106
  • Tax Rate Code Area: FBC

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,911
  • First Open Lien Mortgage Lender: PIKES PEAK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 05, 2009
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $136,911
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $253,011
  • Market Land Value: $48,048
  • Market Improvement Value: $204,963

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,370
  • Assessed Land Value: $13,930
  • Assessed Improvements Value: $59,440

    Sales

  • Current Sale Contract Date: Jul 17, 2009
  • Current Sale Recording Date: Aug 05, 2009
  • Current Sale Transaction ID: 1064490503
  • Current Sale Price: $155,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 209092116
  • Previous Sale Recording Date: Dec 16, 2008
  • Previous Sale Contract Date: Dec 16, 2008
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PIKES PEAK NATIONAL BANK
  • First Mortgage Transaction Date: Aug 05, 2009
  • First Mortgage Loan Amount: $136,911
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Financing

  • First Mortgage Financing Type: Unknown

About Old Colorado City



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 701 West Colorado Avenue located in?
The 701 West Colorado Avenue is a located in the neighborhood of Westside in Old Colorado City, Colorado Springs.
What is the average sales price for listings in 701 West Colorado Avenue?
The average sales price for units in 701 West Colorado Avenue is $0 currently.

Quantcast