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704 Arrawanna Street

704 Arrawanna Street, Colorado Springs, CO 80909
Commercial in Knob Hill
Local assessors in Colorado Springs, CO have categorized 704 Arrawanna Street as a industrial type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 22,500 square feet. 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 704 Arrawanna Street has a total of 6,675 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. 704 Arrawanna Street is a 5 code building. This code stands for "specialized buildings that do not fit in any of the other categories.". 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 metal 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. Residents rely on central air conditioning for their cooling system. 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, 704 Arrawanna Street sold most recently in Nov 15, 2019 for a total of $850,000. If you work out the math, that's approximately a cost of $127.34 per sqft. Before that, the property was also sold for $690,000 in Jun 15, 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 $13,278 in taxes each year. The initial year of tax delinquency occurred in 2022. 704 Arrawanna Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $237,290. If we break it down further, the land itself was valued at $34,580. Improvements to the property, however, were assessed at a total of $202,710. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180821
08/21/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B
  • Construction Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,500
  • Total Building Area: 6,675
  • Gross Building Area: 6,675
  • Building Area: 6,675
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 6,675
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Specialized buildings
  • Property Class: Industrial
  • Subdivision: MOUNT VIEW HEIGHTS
  • Land Acres: 0.517
  • Standard Land Use Code: Warehouse (industrial)
  • Legal Description 1: LOTS 25 TO 30 INC BLK 3 MOUNT VIEW HEIGHTS REFIL

Ownership

  • Current Owner : ROCKY MOUNTAIN RESTORATION & CONST LLC
  • Previous Owner : 105 NETHERTON LLC
  • Owner Before Previous Owner: HOLT RAYMOND L
  • Owner Before Previous Owner 2: HOLT GERRY M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 002000

Zoning

  • Zoning: C6

Geography

  • Assessors Map Reference: Oct 14, 2066
  • Parcel: 64103-16-006
  • Block: 3
  • Lot: 25-30
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8426
  • Longitude: -104.772

    Address

  • Full Address: 704 Arrawanna St
  • Address - House Number: 704
  • Address - Street Name: Arrawanna
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C016
  • 4-Digit Zip Code: 5236
  • Zip Code: 80909

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,278
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: FBC

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $825,000
  • First Open Lien Mortgage Lender: 105 NETHERTON LLC
  • First Open Lien Mortgage Recording Date: Nov 15, 2019
  • First Open Lien Mortgage Loan Amount: $825,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 15, 2049

    Market Valuation

  • Market Total Value: $818,245
  • Market Land Value: $119,250
  • Market Improvement Value: $698,995

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $237,290
  • Assessed Land Value: $34,580
  • Assessed Improvements Value: $202,710

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Transaction ID: 11678445732
  • Current Sale Price: $850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219144390
  • Previous Sale Recording Date: Jun 18, 2018
  • Previous Sale Contract Date: Jun 15, 2018
  • Previous Sale Amount: $690,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 105 NETHERTON LLC
  • First Mortgage Transaction Date: Nov 15, 2019
  • First Mortgage Loan Amount: $825,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Nov 15, 2049

About East Colorado Springs



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 704 Arrawanna Street located in?
The 704 Arrawanna Street is a commercial located in the neighborhood of Knob Hill in East Colorado Springs, Colorado Springs.
What is the average sales price for listings in 704 Arrawanna Street?
The average sales price for units in 704 Arrawanna Street is $0 currently.

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