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7038 Mustang Rim Drive

7038 Mustang Rim Drive, Colorado Springs, CO 80923
House in Ridgeview
Sold Jun 16, 2021
$560,000
$532,000 by Guaranteed Rate Affinity Llc
Mortgage Due Jul 01, 2051
Sold Jul 11, 2017
$398,000
$397,968 by Cb&t Mortgage Llc
Mortgage Due Aug 01, 2047
Local assessors in Colorado Springs, CO have categorized 7038 Mustang Rim Drive as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 11,282 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, 4 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 2 full bathrooms. There are also 3 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 7038 Mustang Rim Drive has a total of 2,962 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 1,657 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 650 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 - B. The building has a gable style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central 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, 7038 Mustang Rim Drive was last sold in Jun 12, 2021 for $560,000. According to our calculations, that's $140.28 per sqft. Prior to that sales transaction, the property was sold for $398,000 in Jul 7, 2017. Current property owners are expected to pay $3,351 in taxes per year. The property on 7038 Mustang Rim Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $34,460. To break that down further, the land itself was valued at $6,670. While improvements to the property were assessed at a total of $27,790. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 1,657
  • Garage Type: Attached
  • Garage Square Area: 650
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 11,282
  • Total Building Area: 3,992
  • Gross Building Area: 4,027
  • Building Area: 2,962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,962
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INDIGO RANCH NORTH AT STETSON RIDGE FIL
  • Land Acres: 0.259
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 18 INDIGO RANCH NORTH AT STETSON RIDGE FIL NO 12B

Ownership

  • Current Owner : DEIS KENNETH
  • Current Owner 2: DEIS JENNIFER
  • Previous Owner : MIRACLE JUSTIN
  • Previous Owner 2: MIRACLE CAITLIN
  • Owner Before Previous Owner: ELITE PROPERTIES OF AMERICA NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Ellicott School District 22
  • School Tax School District: SHY
  • Census Tract: 005125

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: MP: 3084
  • Parcel: 53084-04-013
  • Lot: 18
  • Municipality: FALCON 49
  • Latitude: 38.9287
  • Longitude: -104.684

    Address

  • Full Address: 7038 Mustang Rim Dr
  • Address - House Number: 7038
  • Address - Street Name: Mustang Rim
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R058
  • 4-Digit Zip Code: 4165
  • Zip Code: 80923

Valuation

    Tax

  • Total Area: 3,342
  • Tax Year: 2022
  • Tax Amount: $3,351
  • Tax Rate Code Area: SHY

    Appraisal Valuation

  • Standard Deviation: 0.1166
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 87
  • Final Value: 631,191
  • High Value: 704,848
  • Low Value: 557,535

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $532,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $532,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $495,806
  • Market Land Value: $96,000
  • Market Improvement Value: $399,806

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,460
  • Assessed Land Value: $6,670
  • Assessed Improvements Value: $27,790

    Sales

  • Current Sale Contract Date: Jun 12, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11839863040
  • Current Sale Price: $560,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221116316
  • Previous Sale Recording Date: Jul 11, 2017
  • Previous Sale Contract Date: Jul 07, 2017
  • Previous Sale Amount: $398,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $532,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CB&T MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jul 11, 2017
  • Previous Mortgage Loan Amount: $397,968
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Powers



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Frequently Asked Questions

What neighborhood is 7038 Mustang Rim Drive located in?
The 7038 Mustang Rim Drive is a house located in the neighborhood of Ridgeview in Powers, Colorado Springs.
What is the average sales price for listings in 7038 Mustang Rim Drive?
The average sales price for units in 7038 Mustang Rim Drive is $0 currently.

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