Check Availability

7518 Colorado Tech Drive

7518 Colorado Tech Drive, Colorado Springs, CO 80915
Property in Cimarron Hills
Sold Oct 02, 2017
$299,000
$99,000 by Academy Mortgage Corp
Mortgage Due Oct 01, 2047
Sold Apr 02, 2013
$240,560
$245,732 by Wr Starkey Mortgage Llp
Mortgage Due Apr 01, 2043
Local assessors in Colorado Springs, CO have categorized 7518 Colorado Tech Drive as a residential type of property. The home was built in 2012 and is 12 years old. The property's lot size has been calculated to be 7,343 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 are 3 full bathrooms. There are also 3 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 7518 Colorado Tech Drive has a total of 2,767 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 1,386 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 453 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. 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 style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. 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, 7518 Colorado Tech Drive was last sold in Sep 7, 2017 for $299,000. According to our calculations, that's $90.58 per sqft. Prior to that sales transaction, the property was sold for $240,560 in Mar 28, 2013. Current property owners are expected to pay $2,335 in taxes per year. The property on 7518 Colorado Tech Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $24,270. To break that down further, the land itself was valued at $5,420. While improvements to the property were assessed at a total of $18,850. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 1,386
  • Garage Type: Attached
  • Garage Square Area: 453
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,343
  • Total Building Area: 3,301
  • Gross Building Area: 3,404
  • Building Area: 2,767
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,767
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSHIRE SUB FIL NO 1
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 179 WILSHIRE SUB FIL NO 1

Ownership

  • Current Owner : FELLING LISA A
  • Current Owner 2: OWEN ROGERT W
  • Previous Owner : MORRIS LAMSTEAN A
  • Previous Owner 2: MORRIS TONIETTA M
  • Owner Before Previous Owner: ASPEN VIEW 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: SHF
  • Census Tract: 005115

Zoning

  • Zoning: PUD CAD-O

Geography

  • Assessors Map Reference: May 14, 2065
  • Parcel: 54054-04-011
  • Lot: 179
  • Municipality: FALCON 49
  • Latitude: 38.8602
  • Longitude: -104.691

    Address

  • Full Address: 7518 Colorado Tech Dr
  • Address - House Number: 7518
  • Address - Street Name: Colorado Tech
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C007
  • 4-Digit Zip Code: 2037
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 2,848
  • Tax Year: 2022
  • Tax Amount: $2,335
  • Tax Rate Code Area: SHF

    Appraisal Valuation

  • Standard Deviation: 0.1197
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 500,875
  • High Value: 560,839
  • Low Value: 440,910

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $159,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 02, 2017
  • First Open Lien Mortgage Loan Amount: $99,000
  • 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: Oct 01, 2047
  • Second Open Lien Mortgage Lender: NORTHROP GRUMMAN FCU
  • Second Open Lien Mortgage Recording Date: Jun 20, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $349,152
  • Market Land Value: $78,000
  • Market Improvement Value: $271,152

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,270
  • Assessed Land Value: $5,420
  • Assessed Improvements Value: $18,850

    Sales

  • Current Sale Contract Date: Sep 07, 2017
  • Current Sale Recording Date: Oct 02, 2017
  • Current Sale Transaction ID: 1736868296
  • Current Sale Price: $299,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 217119024
  • Previous Sale Recording Date: Apr 02, 2013
  • Previous Sale Contract Date: Mar 28, 2013
  • Previous Sale Amount: $240,560
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 02, 2017
  • First Mortgage Loan Amount: $99,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WR STARKEY MORTGAGE LLP
  • Previous Mortgage Transaction Date: Apr 02, 2013
  • Previous Mortgage Loan Amount: $245,732
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2043

About Powers



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3856 Happy Jack Dr, Colorado Springs, CO, 80922

$2,695 /mo

  • 3 Beds
  • 4 Baths
3856 Happy Jack Dr, Colorado Springs, CO, 80922 Listing by Manager

Frequently Asked Questions

What neighborhood is 7518 Colorado Tech Drive located in?
The 7518 Colorado Tech Drive is a located in the neighborhood of Cimarron Hills in Powers, Colorado Springs.
What is the average sales price for listings in 7518 Colorado Tech Drive?
The average sales price for units in 7518 Colorado Tech Drive is $0 currently.

Quantcast