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7150 Poteae Drive

7150 Poteae Drive, Colorado Springs, CO 80915
Sold Nov 27, 2019
$277,500
$277,500 by Cherry Creek Mortgage Co Inc
Mortgage Due Dec 01, 2049
Sold Feb 01, 2011
$113,000
Local assessors in Colorado Springs, CO have categorized 7150 Poteae Drive 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 7,700 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 7150 Poteae Drive has a total of 1,416 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 539 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 attached garage for those who need a place to park their vehicle. The garage on the property is 270 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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, 7150 Poteae Drive was last sold in Nov 27, 2019 for $277,500. According to our calculations, that's $148.40 per sqft. Prior to that sales transaction, the property was sold for $113,000 in Jan 31, 2011. Current property owners are expected to pay $1,241 in taxes per year. The property on 7150 Poteae Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $17,700. To break that down further, the land itself was valued at $3,600. While improvements to the property were assessed at a total of $14,100. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Stucco Exterior

Parking

Attached Garage
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: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split 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 Type: Partial basement
  • Basement Area: 539
  • Garage Type: Attached
  • Garage Square Area: 270
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,700
  • Total Building Area: 1,870
  • Gross Building Area: 1,870
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIMARRON-EASTRIDGE FIL NO 2
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 260 CIMARRON-EASTRIDGE FIL NO 2

Ownership

  • Current Owner : SHIER JOHN R
  • Current Owner 2: SHIER KATHLEEN N
  • Previous Owner : SINTAS ARTHUR BENJAMIN
  • Previous Owner 2: SINTAS RENE M
  • Owner Before Previous Owner: TRUJILLO SANCHEZ JENNIFER L
  • Owner Before Previous Owner 2: SANCHEZ STACEY H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SCG
  • Census Tract: 005110

Zoning

  • Zoning: RS-6000 CA

Geography

  • Assessors Map Reference: May 14, 2065
  • Parcel: 54052-04-016
  • Lot: 260
  • Municipality: FALCON 49
  • Latitude: 38.8615
  • Longitude: -104.694

    Address

  • Full Address: 7150 Poteae Dr
  • Address - House Number: 7150
  • Address - Street Name: Poteae
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C007
  • 4-Digit Zip Code: 1915
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 1,600
  • Tax Year: 2022
  • Tax Amount: $1,241
  • Tax Rate Code Area: SCG

    Appraisal Valuation

  • Standard Deviation: 0.1316
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 85
  • Final Value: 387,242
  • High Value: 438,224
  • Low Value: 336,260

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,500
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Nov 27, 2019
  • First Open Lien Mortgage Loan Amount: $277,500
  • 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, 2049

    Market Valuation

  • Market Total Value: $254,640
  • Market Land Value: $51,800
  • Market Improvement Value: $202,840

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,700
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $14,100

    Sales

  • Current Sale Contract Date: Nov 27, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Transaction ID: 11704897100
  • Current Sale Price: $277,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219150322
  • Previous Sale Recording Date: Feb 01, 2011
  • Previous Sale Contract Date: Jan 31, 2011
  • Previous Sale Amount: $113,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Nov 27, 2019
  • First Mortgage Loan Amount: $277,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2049

About Powers



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Frequently Asked Questions

What neighborhood is 7150 Poteae Drive located in?
The 7150 Poteae Drive is a house located in the neighborhood of Cimarron Hills in Powers, Colorado Springs.
What is the average sales price for listings in 7150 Poteae Drive?
The average sales price for units in 7150 Poteae Drive is $0 currently.

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