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7058 Red Cardinal Loop

7058 Red Cardinal Loop, Colorado Springs, CO 80908
Property in Wolf Ranch
Sold Mar 22, 2021
$440,000
$365,000 by Ent Cu
Mortgage Due Apr 01, 2051
Sold Apr 23, 2013
$248,640
$248,600 by New American Funding
Mortgage Due May 01, 2043
7058 Red Cardinal Loop in Colorado Springs, CO was first built in 2012 and is 12 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 bi-level style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7058 Red Cardinal Loop has 2,227 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 6,958 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 611 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. 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, 7058 Red Cardinal Loop sold most recently in Mar 19, 2021 for a total of $440,000. If you work out the math, that's approximately a cost of $117.08 per sqft. Before that, the property was also sold for $248,640 in Apr 19, 2013. 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 $2,852 in taxes each year. 7058 Red Cardinal Loop was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $25,520. If we break it down further, the land itself was valued at $5,590. Improvements to the property, however, were assessed at a total of $19,930. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 920
  • Garage Type: Attached
  • Garage Square Area: 611
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,958
  • Total Building Area: 3,758
  • Gross Building Area: 3,810
  • Building Area: 2,227
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,227
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST MEADOWS FIL NO 1
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 34 BLK 19 FOREST MEADOWS FIL NO 1

Ownership

  • Current Owner : CARLSON EDWARD W
  • Current Owner 2: STANFIELD MIKAELA A
  • Previous Owner : CASTANON ALBERT B
  • Previous Owner 2: CASTANON ROBERTA K
  • Owner Before Previous Owner: JOURNEY HOMES CS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SHX
  • Census Tract: 007603

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: May 13, 2065
  • Parcel: 53053-09-030
  • Block: 19
  • Lot: 34
  • Municipality: FALCON 49
  • Latitude: 38.944
  • Longitude: -104.694

    Address

  • Full Address: 7058 Red Cardinal Loop
  • Address - House Number: 7058
  • Address - Street Name: Red Cardinal
  • Address - Suffix Type: Loop
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R054
  • 4-Digit Zip Code: 5632
  • Zip Code: 80908

Valuation

    Tax

  • Total Area: 3,147
  • Tax Year: 2022
  • Tax Amount: $2,852
  • Tax Rate Code Area: SHX

    Appraisal Valuation

  • Standard Deviation: 0.1234
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 86
  • Final Value: 520,811
  • High Value: 585,104
  • Low Value: 456,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,000
  • First Open Lien Mortgage Lender: ENT CU
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $365,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $367,325
  • Market Land Value: $80,500
  • Market Improvement Value: $286,825

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,520
  • Assessed Land Value: $5,590
  • Assessed Improvements Value: $19,930

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11826157067
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221055849
  • Previous Sale Recording Date: Apr 23, 2013
  • Previous Sale Contract Date: Apr 19, 2013
  • Previous Sale Amount: $248,640
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENT CU
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $365,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN FUNDING
  • Previous Mortgage Transaction Date: Apr 23, 2013
  • Previous Mortgage Loan Amount: $248,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2043

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Frequently Asked Questions

What neighborhood is 7058 Red Cardinal Loop located in?
The 7058 Red Cardinal Loop is a located in the neighborhood of Wolf Ranch in Powers, Colorado Springs.
What is the average sales price for listings in 7058 Red Cardinal Loop?
The average sales price for units in 7058 Red Cardinal Loop is $0 currently.

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