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708 East Rio Grande Street

708 East Rio Grande Street, Colorado Springs, CO 80903
Property in Memorial Park
Local assessors in Colorado Springs, CO have categorized 708 East Rio Grande 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 7,388 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 2 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 708 East Rio Grande Street has a total of 1,248 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. Do you like to entertain? The home has a patio so you'll have a great option in the 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 asphalt and ply sheets in a built-up roof style. 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. The home's floor/wall heating system is the primary heating source. The property was last sold in Jun 15, 2021 for $357,000. That's $286.06 per sqft. 708 East Rio Grande Street was last assessed in 2022. The total value of the property was assessed at $14,660. Specifically, the land the property is located on was valued at $3,180. While improvements on the property were assessed at a total of $11,480. 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 $820. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210329
03/29/2021
Studio
-
-
$350,000
bedrooms
Studio
bathrooms
-
$357,000 +2.00%
06/16/2021
Jodi Bohenna ASP CLHMS CMRS CNE SFR

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,388
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHEYENNE ADD
  • Land Acres: 0.17
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 3, E 25 FT OF LOT 2 BLK 2 CHEYENNE ADD COLO SPGS

Ownership

  • Current Owner : SINGH VINAY
  • Current Owner 2: SINGH BALDEV
  • Previous Owner : SMITH CARL W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 002200

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 64202-04-013
  • Block: 2
  • Lot: 3,2
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8244
  • Longitude: -104.813

    Address

  • Full Address: 708 E Rio Grande St
  • Address - House Number: 708
  • Street Direction: E
  • Address - Street Name: Rio Grande
  • Address - Suffix Type: St
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C025
  • 4-Digit Zip Code: 4557
  • Zip Code: 80903

Valuation

    Tax

  • Total Area: 1,248
  • Tax Year: 2022
  • Tax Amount: $820
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1211
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 86
  • Final Value: 387,625
  • High Value: 434,598
  • Low Value: 340,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $267,750
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $267,750
  • 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: $215,620
  • Market Land Value: $46,800
  • Market Improvement Value: $168,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,660
  • Assessed Land Value: $3,180
  • Assessed Improvements Value: $11,480

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11839832030
  • Current Sale Price: $357,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221116834
  • Previous Sale Recording Date: Jun 01, 1980
  • Previous Sale Contract Date: Jun 01, 1980
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $267,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Southeast Colorado Springs



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Frequently Asked Questions

What neighborhood is 708 East Rio Grande Street located in?
The 708 East Rio Grande Street is a located in the neighborhood of Memorial Park in Southeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 708 East Rio Grande Street?
The average sales price for units in 708 East Rio Grande Street is $350,000 currently.

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