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7342 Buffalo Prairie Court

7342 Buffalo Prairie Court, Colorado Springs, CO 80915
Sold Jan 22, 2020
$385,000
$356,600 by United Wholesale Mortgage Llc
Mortgage Due Jan 01, 2051
Sold Dec 10, 2013
$291,400
$286,142 by Union Home Mortgage Corp
Mortgage Due Jan 01, 2044
7342 Buffalo Prairie Court in Colorado Springs, CO was first built in 2013 and is 11 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 10 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. 7342 Buffalo Prairie Court has 3,380 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 5,421 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 style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 480 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 stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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. 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, 7342 Buffalo Prairie Court sold most recently in Jan 21, 2020 for a total of $385,000. If you work out the math, that's approximately a cost of $71.39 per sqft. Before that, the property was also sold for $291,400 in Dec 9, 2013. 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 $2,679 in taxes each year. 7342 Buffalo Prairie Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $27,850. If we break it down further, the land itself was valued at $5,420. Improvements to the property, however, were assessed at a total of $22,430. 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 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.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.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,533
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,421
  • Total Building Area: 5,393
  • Gross Building Area: 5,515
  • Building Area: 3,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSHIRE SUB FIL NO 1
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 150 WILSHIRE SUB FIL NO 1

Ownership

  • Current Owner : TORRES JOSE
  • Current Owner 2: TORRES ADRIANA
  • Previous Owner : NEPPL DANIEL C
  • Previous Owner 2: NEPPL JOAN M
  • Owner Before Previous Owner: REUNION HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SHF
  • Census Tract: 005115

Zoning

  • Zoning: PUD CAD-O

Geography

  • Assessors Map Reference: May 14, 2065
  • Parcel: 54051-09-084
  • Lot: 150
  • Municipality: FALCON 49
  • Latitude: 38.8619
  • Longitude: -104.691

    Address

  • Full Address: 7342 Buffalo Prairie Ct
  • Address - House Number: 7342
  • Address - Street Name: Buffalo Prairie
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C007
  • 4-Digit Zip Code: 2036
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 4,913
  • Tax Year: 2022
  • Tax Amount: $2,679
  • Tax Rate Code Area: SHF

    Appraisal Valuation

  • Standard Deviation: 0.1102
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 544,740
  • High Value: 604,813
  • Low Value: 484,667

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $492,600
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 29, 2020
  • First Open Lien Mortgage Loan Amount: $356,600
  • 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
  • Second Open Lien Mortgage Lender: ENT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jul 11, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $136,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 26, 2047

    Market Valuation

  • Market Total Value: $400,763
  • Market Land Value: $78,000
  • Market Improvement Value: $322,763

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,850
  • Assessed Land Value: $5,420
  • Assessed Improvements Value: $22,430

    Sales

  • Current Sale Contract Date: Jan 21, 2020
  • Current Sale Recording Date: Jan 22, 2020
  • Current Sale Transaction ID: 11719728762
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220009082
  • Previous Sale Recording Date: Dec 10, 2013
  • Previous Sale Contract Date: Dec 09, 2013
  • Previous Sale Amount: $291,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jan 22, 2020
  • First Mortgage Loan Amount: $352,805
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNION HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 10, 2013
  • Previous Mortgage Loan Amount: $286,142
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2044

About Powers



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Frequently Asked Questions

What neighborhood is 7342 Buffalo Prairie Court located in?
The 7342 Buffalo Prairie Court is a house located in the neighborhood of Cimarron Hills in Powers, Colorado Springs.
What is the average sales price for listings in 7342 Buffalo Prairie Court?
The average sales price for units in 7342 Buffalo Prairie Court is $0 currently.

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