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7180 Riverbay Grove

7180 Riverbay Grove, Colorado Springs, CO 80922
Property in Springs Ranch
Sold Dec 29, 2020
$345,000
$258,750 by Paramount Residential Mortgage
Mortgage Due Jan 01, 2051
Sold Aug 31, 2015
$222,000
$222,000 by New American Funding
Mortgage Due Sep 01, 2045
7180 Riverbay Grove in Colorado Springs, CO was first built in 2001 and is 23 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 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. 7180 Riverbay Grove has 2,046 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 4,022 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 410 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. 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, 7180 Riverbay Grove sold most recently in Dec 23, 2020 for a total of $345,000. If you work out the math, that's approximately a cost of $118.15 per sqft. Before that, the property was also sold for $222,000 in Aug 28, 2015. 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 $1,238 in taxes each year. 7180 Riverbay Grove was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,230. If we break it down further, the land itself was valued at $3,340. Improvements to the property, however, were assessed at a total of $17,890. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2001
  • Effective Year Built: 2001
  • 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: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 464
  • Garage Type: Attached
  • Garage Square Area: 410
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,022
  • Total Building Area: 2,920
  • Gross Building Area: 2,968
  • Building Area: 2,046
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,046
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE CASCADES AT SPRINGS RANCH FIL NO 6
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 23 THE CASCADES AT SPRINGS RANCH FIL NO 6 PLAT #10688

Ownership

  • Current Owner : LUO YUXIANG
  • Current Owner 2: GONG MANMAN
  • Previous Owner : RIVERA CARDONA JENNIFER
  • Owner Before Previous Owner: MAQSOOD SAIRA
  • Owner Before Previous Owner 2: ZAHEER HAMAYUN
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 53322-28-048
  • Lot: 23
  • Municipality: FALCON 49
  • Latitude: 38.8791
  • Longitude: -104.696

    Address

  • Full Address: 7180 Riverbay Grv
  • Address - House Number: 7180
  • Address - Street Name: Riverbay
  • Address - Suffix Type: Grv
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C046
  • 4-Digit Zip Code: 3159
  • Zip Code: 80922

Valuation

    Tax

  • Total Area: 2,510
  • Tax Year: 2022
  • Tax Amount: $1,238
  • Tax Rate Code Area: SDG

    Appraisal Valuation

  • Standard Deviation: 0.1083
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 89
  • Final Value: 428,918
  • High Value: 475,377
  • Low Value: 382,459

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,750
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 29, 2020
  • First Open Lien Mortgage Loan Amount: $258,750
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $305,411
  • Market Land Value: $48,000
  • Market Improvement Value: $257,411

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,230
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $17,890

    Sales

  • Current Sale Contract Date: Dec 23, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Transaction ID: 11809501992
  • Current Sale Price: $345,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 220212796
  • Previous Sale Recording Date: Aug 31, 2015
  • Previous Sale Contract Date: Aug 28, 2015
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Dec 29, 2020
  • First Mortgage Loan Amount: $258,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN FUNDING
  • Previous Mortgage Transaction Date: Aug 31, 2015
  • Previous Mortgage Loan Amount: $222,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2045

About Powers



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Frequently Asked Questions

What neighborhood is 7180 Riverbay Grove located in?
The 7180 Riverbay Grove is a located in the neighborhood of Springs Ranch in Powers, Colorado Springs.
What is the average sales price for listings in 7180 Riverbay Grove?
The average sales price for units in 7180 Riverbay Grove is $0 currently.

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