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7296 Horizon Wood Lane

7296 Horizon Wood Lane, Colorado Springs, CO 80927
House in El Paso
Sold Feb 18, 2020
$450,000
$225,000 by Firstbank
Mortgage Due Mar 01, 2050
Sold Sep 30, 2016
$414,756
$373,280 by Peoples National Bank
Mortgage Due Oct 01, 2046
7296 Horizon Wood Lane in Colorado Springs, CO was first built in 2016 and is 8 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 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7296 Horizon Wood Lane has 4,012 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. The basement is 1,250 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 6,883 square feet.

Learn more about the property and building on this page. There is a covered porch. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 400 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 B. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7296 Horizon Wood Lane was last sold in Feb 17, 2020 for $450,000. According to our calculations, that's $95.26 per sqft. Prior to that sales transaction, the property was sold for $414,756 in Sep 28, 2016. Current property owners are expected to pay $3,741 in taxes per year. The property on 7296 Horizon Wood Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $33,580. To break that down further, the land itself was valued at $6,120. While improvements to the property were assessed at a total of $27,460. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,250
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,883
  • Total Building Area: 4,724
  • Gross Building Area: 4,766
  • Building Area: 4,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,012
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BANNING LEWIS RANCH FIL NO 13C
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 19 BANNING LEWIS RANCH FIL NO 13C

Ownership

  • Current Owner : PERDOMO OSCAR
  • Previous Owner : CAMPBELL NOLAN
  • Previous Owner 2: THOMPSON JENNIFER
  • Owner Before Previous Owner: OAKWOOD HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SKR
  • Census Tract: 005122

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: MP: 3091
  • Parcel: 53091-12-051
  • Lot: 19
  • Municipality: FALCON 49
  • Latitude: 38.9366
  • Longitude: -104.664

    Address

  • Full Address: 7296 Horizon Wood Ln
  • Address - House Number: 7296
  • Address - Street Name: Horizon Wood
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R053
  • 4-Digit Zip Code: 4120
  • Zip Code: 80927

Valuation

    Tax

  • Total Area: 4,324
  • Tax Year: 2022
  • Tax Amount: $3,741
  • Tax Rate Code Area: SKR

    Appraisal Valuation

  • Standard Deviation: 0.1002
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 90
  • Final Value: 637,711
  • High Value: 701,673
  • Low Value: 573,749

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Feb 18, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $483,159
  • Market Land Value: $88,000
  • Market Improvement Value: $395,159

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,580
  • Assessed Land Value: $6,120
  • Assessed Improvements Value: $27,460

    Sales

  • Current Sale Contract Date: Feb 17, 2020
  • Current Sale Recording Date: Feb 18, 2020
  • Current Sale Transaction ID: 11735353479
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220022773
  • Previous Sale Recording Date: Sep 30, 2016
  • Previous Sale Contract Date: Sep 28, 2016
  • Previous Sale Amount: $414,756
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Feb 18, 2020
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES NATIONAL BANK
  • Previous Mortgage Transaction Date: Sep 30, 2016
  • Previous Mortgage Loan Amount: $373,280
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 7296 Horizon Wood Lane located in?
The 7296 Horizon Wood Lane is a house located in the neighborhood of El Paso in Colorado Springs, Colorado Springs.
What is the average sales price for listings in 7296 Horizon Wood Lane?
The average sales price for units in 7296 Horizon Wood Lane is $0 currently.

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