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7114 Chippewa Road

7114 Chippewa Road, Colorado Springs, CO 80915
Property in Cimarron Hills
Sold Dec 01, 2021
$355,000
$363,165 by Caliber Home Loans Inc
Mortgage Due Dec 01, 2051
Sold Sep 01, 2021
$242,600
Local assessors in Colorado Springs, CO have categorized 7114 Chippewa Road as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 8,900 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 5 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 is one full bathroom. 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 7114 Chippewa Road has a total of 1,219 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. 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 wood siding 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 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, 7114 Chippewa Road was last sold in Nov 30, 2021 for $355,000. According to our calculations, that's $291.22 per sqft. Prior to that sales transaction, the property was sold for $242,600 in Aug 31, 2021. Current property owners are expected to pay $1,075 in taxes per year. The property on 7114 Chippewa Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $15,860. To break that down further, the land itself was valued at $3,130. While improvements to the property were assessed at a total of $12,730. 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. 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. 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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • 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 Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,900
  • Total Building Area: 1,219
  • Gross Building Area: 1,219
  • Building Area: 1,219
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,219
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIMARRON HILLS FIL NO 5
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 14 BLK 13 CIMARRON HILLS FIL NO 5

Ownership

  • Current Owner : GURULE EZEKIAL M
  • Current Owner 2: GURULE JUSTINE M
  • Previous Owner : YELLOW DOG PROPERTIES INC
  • Owner Before Previous Owner: BAUGHER RICHARD L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FCF
  • Census Tract: 005114

Zoning

  • Zoning: RS-5000 CA

Geography

  • Assessors Map Reference: Aug 14, 2065
  • Parcel: 54082-05-033
  • Block: 13
  • Lot: 14
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8525
  • Longitude: -104.696

    Address

  • Full Address: 7114 Chippewa Rd
  • Address - House Number: 7114
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C020
  • 4-Digit Zip Code: 1802
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 1,219
  • Tax Year: 2022
  • Tax Amount: $1,075
  • Tax Rate Code Area: FCF

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 77
  • Final Value: 371,588
  • High Value: 435,907
  • Low Value: 307,269

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $363,165
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Loan Amount: $363,165
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $228,232
  • Market Land Value: $45,000
  • Market Improvement Value: $183,232

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,860
  • Assessed Land Value: $3,130
  • Assessed Improvements Value: $12,730

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11870143228
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221220256
  • Previous Sale Recording Date: Sep 01, 2021
  • Previous Sale Contract Date: Aug 31, 2021
  • Previous Sale Amount: $242,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $363,165
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2051

About Powers



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$2,000 /mo

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Frequently Asked Questions

What neighborhood is 7114 Chippewa Road located in?
The 7114 Chippewa Road is a located in the neighborhood of Cimarron Hills in Powers, Colorado Springs.
What is the average sales price for listings in 7114 Chippewa Road?
The average sales price for units in 7114 Chippewa Road is $0 currently.

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