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7528 Colorado Tech Drive

7528 Colorado Tech Drive, Colorado Springs, CO 80915
Sold Apr 21, 2022
$530,000
$522,000 by Fairway Independent Mortgage C
Mortgage Due May 01, 2052
Sold Jun 26, 2019
$335,000
$318,250 by Bay Equity Llc
Mortgage Due Jul 01, 2049
7528 Colorado Tech 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 2012 and is 12 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7528 Colorado Tech Drive has 2,359 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,450 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 440 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 C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Apr 19, 2022 for $530,000. That's $139.22 per sqft. Prior to that sales transaction, the property was also sold in Jun 25, 2019 for $335,000. 7528 Colorado Tech Drive was last assessed in 2022. The total value of the property was assessed at $24,230. Specifically, the land the property is located on was valued at $5,420. While improvements on the property were assessed at a total of $18,810. 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 $2,331. 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. 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.

Building Features

Exterior

Masonite Siding
Stone Exterior

Parking

Attached Garage
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: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,008
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,450
  • Total Building Area: 3,807
  • Gross Building Area: 3,871
  • Building Area: 2,359
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,359
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSHIRE SUB FIL NO 1
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 180 WILSHIRE SUB FIL NO 1

Ownership

  • Current Owner : RISNEAR DAVID JOHN
  • Previous Owner : DANIEL LAMBERT
  • Owner Before Previous Owner: SCHMIDT MATTHEW
  • Owner Before Previous Owner 2: SCHMIDT CARINA
  • Is Owner Occupied: Owner-occupied property

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: 54054-04-012
  • Lot: 180
  • Municipality: FALCON 49
  • Latitude: 38.8602
  • Longitude: -104.691

    Address

  • Full Address: 7528 Colorado Tech Dr
  • Address - House Number: 7528
  • 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: 3,367
  • Tax Year: 2022
  • Tax Amount: $2,331
  • Tax Rate Code Area: SHF

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 86
  • Final Value: 506,271
  • High Value: 569,775
  • Low Value: 442,768

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $522,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 21, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $522,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $348,606
  • Market Land Value: $78,000
  • Market Improvement Value: $270,606

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,230
  • Assessed Land Value: $5,420
  • Assessed Improvements Value: $18,810

    Sales

  • Current Sale Contract Date: Apr 19, 2022
  • Current Sale Recording Date: Apr 21, 2022
  • Current Sale Transaction ID: 11885459977
  • Current Sale Price: $530,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 56131
  • Previous Sale Recording Date: Jun 26, 2019
  • Previous Sale Contract Date: Jun 25, 2019
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Apr 21, 2022
  • First Mortgage Loan Amount: $522,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BAY EQUITY LLC
  • Previous Mortgage Transaction Date: Jun 26, 2019
  • Previous Mortgage Loan Amount: $318,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Powers



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Frequently Asked Questions

What neighborhood is 7528 Colorado Tech Drive located in?
The 7528 Colorado Tech Drive is a house located in the neighborhood of Cimarron Hills in Powers, Colorado Springs.
What is the average sales price for listings in 7528 Colorado Tech Drive?
The average sales price for units in 7528 Colorado Tech Drive is $0 currently.

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