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7404 Mountain Spruce Drive

7404 Mountain Spruce Drive, Colorado Springs, CO 80927
Property in El Paso
Sold May 17, 2021
$605,000
$564,200 by Academy Mortgage Corporation
Mortgage Due Mar 01, 2052
Sold Jun 14, 2018
$450,000
$459,875 by Homebridge Financial Services
Mortgage Due Jul 01, 2048
7404 Mountain Spruce Drive has been categorized by the local assessors in Colorado Springs, CO as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7404 Mountain Spruce Drive has 3,873 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,480 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 640 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a covered porch and a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a forced air unit. The property was last sold in May 14, 2021 for $605,000. That's $121.34 per sqft. Prior to that sales transaction, the property was also sold in Jun 4, 2018 for $450,000. 7404 Mountain Spruce Drive was last assessed in 2022. The total value of the property was assessed at $32,260. Specifically, the land the property is located on was valued at $5,560. While improvements on the property were assessed at a total of $26,700. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,909. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Quality: B
  • 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: Partial basement
  • Basement Area: 1,480
  • Garage Type: Attached
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 4,986
  • Gross Building Area: 5,188
  • Building Area: 3,873
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,873
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BANNING LEWIS RANCH FIL NO 5
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 3 BLK 3 BANNING LEWIS RANCH FIL NO 5

Ownership

  • Current Owner : SAURBAUGH JOHN ELLWOOD
  • Current Owner 2: WEST LISA LYNN
  • Previous Owner : WELLS MICHAEL C
  • Previous Owner 2: WELLS KATHRYN S
  • Owner Before Previous Owner: BURKENBINE ROBERT A
  • Owner Before Previous Owner 2: BURKENBINE SHIRLEY G
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Sep 13, 2065
  • Parcel: 53092-01-026
  • Block: 3
  • Lot: 3
  • Municipality: FALCON 49
  • Latitude: 38.9372
  • Longitude: -104.675

    Address

  • Full Address: 7404 Mountain Spruce Dr
  • Address - House Number: 7404
  • Address - Street Name: Mountain Spruce
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R056
  • 4-Digit Zip Code: 4004
  • Zip Code: 80927

Valuation

    Tax

  • Total Area: 4,346
  • Tax Year: 2022
  • Tax Amount: $3,909
  • Tax Rate Code Area: SKG

    Appraisal Valuation

  • Standard Deviation: 0.1125
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 88
  • Final Value: 680,104
  • High Value: 756,669
  • Low Value: 603,539

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $564,200
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 07, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $564,200
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $464,113
  • Market Land Value: $80,000
  • Market Improvement Value: $384,113

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,260
  • Assessed Land Value: $5,560
  • Assessed Improvements Value: $26,700

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11835258062
  • Current Sale Price: $605,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221097005
  • Previous Sale Recording Date: Jun 14, 2018
  • Previous Sale Contract Date: Jun 04, 2018
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $605,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Jun 14, 2018
  • Previous Mortgage Loan Amount: $459,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Colorado Springs



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Frequently Asked Questions

What neighborhood is 7404 Mountain Spruce Drive located in?
The 7404 Mountain Spruce Drive is a located in the neighborhood of El Paso in Colorado Springs, Colorado Springs.
What is the average sales price for listings in 7404 Mountain Spruce Drive?
The average sales price for units in 7404 Mountain Spruce Drive is $0 currently.

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