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705 North 31st Street

705 North 31st Street, Colorado Springs, CO 80904
Sold Dec 30, 2019
$345,000
$305,000 by Ent Cu
Mortgage Due Oct 01, 2040
Sold Feb 24, 2017
$284,000
$293,372 by Cornerstone Home Lending Inc
Mortgage Due Mar 01, 2047
Local assessors in Colorado Springs, CO have categorized 705 North 31st Street as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 7,440 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 7 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 are 2 full bathrooms. There are also 2 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 705 North 31st Street has a total of 1,945 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 1,075 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 detached garage for those who need a place to park their vehicle. The garage on the property is 451 sqft. There are 3 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 - C. The building has a gable or hip style roof that was made of composition shingle. 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 floor/wall heating system is the primary heating source. The property was last sold in Dec 27, 2019 for $345,000. That's $167.07 per sqft. Prior to that sales transaction, the property was also sold in Feb 24, 2017 for $284,000. 705 North 31st Street was last assessed in 2022. The total value of the property was assessed at $22,890. Specifically, the land the property is located on was valued at $3,960. While improvements on the property were assessed at a total of $18,930. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,281. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • 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: Stucco
  • 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: Partial basement
  • Basement Area: 1,075
  • Garage Type: Detached
  • Garage Square Area: 451
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,440
  • Total Building Area: 2,065
  • Gross Building Area: 2,150
  • Building Area: 1,945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 1,945
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLEASANT VALLEY SUB 2
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 7 BLK 8 PLEASANT VALLEY SUB 2 COLO SPGS

Ownership

  • Current Owner : MEHR KEVIN AUSTIN
  • Current Owner 2: COUSENS AUBREY FAYE
  • Previous Owner : MCATEE PHILLIP J
  • Owner Before Previous Owner: CHAMBERLAIN RUSTY J
  • Owner Before Previous Owner 2: HERNANDEZ CHELSEA MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Feb 14, 2067
  • Parcel: 74023-06-014
  • Block: 8
  • Lot: 7
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8596
  • Longitude: -104.868

    Address

  • Full Address: 705 N 31st St
  • Address - House Number: 705
  • Street Direction: N
  • Address - Street Name: 31st
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C021
  • 4-Digit Zip Code: 2020
  • Zip Code: 80904

Valuation

    Tax

  • Total Area: 2,065
  • Tax Year: 2022
  • Tax Amount: $1,281
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1124
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 467,613
  • High Value: 520,219
  • Low Value: 415,007

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,000
  • First Open Lien Mortgage Lender: ENT CU
  • First Open Lien Mortgage Recording Date: Sep 21, 2020
  • First Open Lien Mortgage Loan Amount: $305,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2040

    Market Valuation

  • Market Total Value: $329,407
  • Market Land Value: $57,000
  • Market Improvement Value: $272,407

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,890
  • Assessed Land Value: $3,960
  • Assessed Improvements Value: $18,930

    Sales

  • Current Sale Contract Date: Dec 27, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Transaction ID: 11712389005
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219165047
  • Previous Sale Recording Date: Feb 24, 2017
  • Previous Sale Contract Date: Feb 24, 2017
  • Previous Sale Amount: $284,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE HOME LENDING INC
  • Previous Mortgage Transaction Date: Feb 24, 2017
  • Previous Mortgage Loan Amount: $293,372
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2047

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Frequently Asked Questions

What neighborhood is 705 North 31st Street located in?
The 705 North 31st Street is a house located in the neighborhood of Pleasant Valley in Old Colorado City, Colorado Springs.
What is the average sales price for listings in 705 North 31st Street?
The average sales price for units in 705 North 31st Street is $0 currently.

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