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7120 Bonnie Brae Lane

7120 Bonnie Brae Lane, Colorado Springs, CO 80922
Property in Springs Ranch
7120 Bonnie Brae Lane in Colorado Springs, CO was first built in 1999 and is 25 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. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7120 Bonnie Brae Lane has 1,594 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 5,988 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 488 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. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 7120 Bonnie Brae Lane sold most recently in Oct 19, 2020 for a total of $340,000. If you work out the math, that's approximately a cost of $163.30 per sqft. Before that, the property was also sold for $254,900 in Aug 21, 2017. 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 $1,212 in taxes each year. 7120 Bonnie Brae Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,790. If we break it down further, the land itself was valued at $4,170. Improvements to the property, however, were assessed at a total of $16,620. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
20170702
07/02/2017
3 Bed
3 Bath
1594 ft²
-
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1594 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • 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
  • Garage Type: Attached
  • Garage Square Area: 488
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,988
  • Total Building Area: 2,082
  • Gross Building Area: 2,248
  • Building Area: 1,594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,594
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE RANGE AT SPRINGS RANCH FIL NO 2
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 19 THE RANGE AT SPRINGS RANCH FIL NO 2

Ownership

  • Current Owner : MCDANIEL RYAN
  • Previous Owner : LANE JAMES R
  • Owner Before Previous Owner: MESTAS DAVID P
  • Owner Before Previous Owner 2: MESTAS SHANNON C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SDG
  • Census Tract: 005119

Zoning

  • Zoning: R1-6 DF AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 53322-27-006
  • Lot: 19
  • Municipality: FALCON 49
  • Latitude: 38.8817
  • Longitude: -104.694

    Address

  • Full Address: 7120 Bonnie Brae Ln
  • Address - House Number: 7120
  • Address - Street Name: Bonnie Brae
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C046
  • 4-Digit Zip Code: 3138
  • Zip Code: 80922

Valuation

    Tax

  • Total Area: 1,594
  • Tax Year: 2022
  • Tax Amount: $1,212
  • Tax Rate Code Area: SDG

    Appraisal Valuation

  • Standard Deviation: 0.1189
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 432,343
  • High Value: 483,750
  • Low Value: 380,935

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $329,800
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 21, 2020
  • First Open Lien Mortgage Loan Amount: $329,800
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $299,160
  • Market Land Value: $60,000
  • Market Improvement Value: $239,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,790
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $16,620

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Transaction ID: 11793235939
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220168131
  • Previous Sale Recording Date: Aug 22, 2017
  • Previous Sale Contract Date: Aug 21, 2017
  • Previous Sale Amount: $254,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 21, 2020
  • First Mortgage Loan Amount: $329,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 22, 2017
  • Previous Mortgage Loan Amount: $203,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Powers



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7120 Bonnie Brae Lane located in?
The 7120 Bonnie Brae Lane is a located in the neighborhood of Springs Ranch in Powers, Colorado Springs.
What is the average sales price for listings in 7120 Bonnie Brae Lane?
The average sales price for units in 7120 Bonnie Brae Lane is $0 currently.

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