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7525 Carmine Court

7525 Carmine Court, Colorado Springs, CO 80919
Property in Discovery
Sold May 17, 2017
$410,000
$310,000 by Community 1st Cu
Mortgage Due Jun 01, 2047
Sold Sep 22, 1993
$52,000
Local assessors in Colorado Springs, CO have categorized 7525 Carmine Court as a residential type of property. The home was built in 1994 and is 30 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 22,232 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7525 Carmine Court has a total of 3,361 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 1,040 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 622 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 or hip style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7525 Carmine Court was last sold in May 17, 2017 for $410,000. According to our calculations, that's $99.35 per sqft. Prior to that sales transaction, the property was sold for $52,000 in Sep 22, 1993. Current property owners are expected to pay $2,237 in taxes per year. The property on 7525 Carmine Court was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $32,050. To break that down further, the land itself was valued at $5,420. While improvements to the property were assessed at a total of $26,630. 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. 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.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: 1994
  • Effective Year Built: 1999
  • 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: 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: Partial basement
  • Basement Area: 1,040
  • Garage Type: Attached
  • Garage Square Area: 622
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 22,232
  • Total Building Area: 4,127
  • Gross Building Area: 4,229
  • Building Area: 3,361
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,361
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODSTONE SUB FIL NO 9
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 19 BLK 4 WOODSTONE SUB FIL NO 9 COLO SPGS

Ownership

  • Current Owner : LYNCH SAMUEL R
  • Current Owner 2: LYNCH THERESA M
  • Previous Owner : CAMPBELL DALE A
  • Previous Owner 2: BOYD SHARON R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JDA
  • Census Tract: 003702

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Jan 13, 2067
  • Parcel: 73013-04-045
  • Block: 4
  • Lot: 19
  • Municipality: ACADEMY 20
  • Latitude: 38.9402
  • Longitude: -104.847

    Address

  • Full Address: 7525 Carmine Ct
  • Address - House Number: 7525
  • Address - Street Name: Carmine
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R037
  • 4-Digit Zip Code: 3952
  • Zip Code: 80919

Valuation

    Tax

  • Total Area: 3,063
  • Tax Year: 2022
  • Tax Amount: $2,237
  • Tax Rate Code Area: JDA

    Appraisal Valuation

  • Standard Deviation: 0.1213
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 86
  • Final Value: 690,280
  • High Value: 774,023
  • Low Value: 606,537

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $365,000
  • First Open Lien Mortgage Lender: COMMUNITY 1ST CU
  • First Open Lien Mortgage Recording Date: May 17, 2017
  • First Open Lien Mortgage Loan Amount: $310,000
  • 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: Jun 01, 2047
  • Second Open Lien Mortgage Lender: ENT CU
  • Second Open Lien Mortgage Recording Date: Nov 07, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $55,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 28, 2038

    Market Valuation

  • Market Total Value: $461,100
  • Market Land Value: $78,000
  • Market Improvement Value: $383,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,050
  • Assessed Land Value: $5,420
  • Assessed Improvements Value: $26,630

    Sales

  • Current Sale Contract Date: May 17, 2017
  • Current Sale Recording Date: May 17, 2017
  • Current Sale Transaction ID: 1812254748
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 217057125
  • Previous Sale Recording Date: Sep 22, 1993
  • Previous Sale Contract Date: Sep 22, 1993
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY 1ST CU
  • First Mortgage Transaction Date: May 17, 2017
  • First Mortgage Loan Amount: $310,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7525 Carmine Court located in?
The 7525 Carmine Court is a located in the neighborhood of Discovery in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 7525 Carmine Court?
The average sales price for units in 7525 Carmine Court is $0 currently.

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