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7624 Montarbor Drive

7624 Montarbor Drive, Colorado Springs, CO 80918
House in Norwood
Sold May 04, 2022
Transfer
$334,066 by Pennymac Loan Services Llc
Mortgage Due May 01, 2052
Sold Jun 05, 2019
$278,000
$278,000 by Bay Equity Llc
Mortgage Due Jul 01, 2049
7624 Montarbor Drive in Colorado Springs, CO was first built in 1986 and is 38 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7624 Montarbor Drive has 1,192 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 5,280 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 396 sqft. There is one available parking space. 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 a combination of material. Walk into the home itself and you'll find that it is currently being cooled with 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. Prior to that sales transaction, the property was also sold in May 30, 2019 for $278,000. 7624 Montarbor Drive was last assessed in 2022. The total value of the property was assessed at $18,540. Specifically, the land the property is located on was valued at $5,060. While improvements on the property were assessed at a total of $13,480. 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 $1,110. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 880
  • Garage Type: Attached
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,280
  • Total Building Area: 1,588
  • Gross Building Area: 1,588
  • Building Area: 1,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,192
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROMINENCE SUB FIL NO 1
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 14 BLK 1 PROMINENCE SUB FIL NO 1 COLO SPGS

Ownership

  • Current Owner : KVELUMS BRANDI
  • Current Owner 2: BLACKMON BRANDON
  • Previous Owner : KVELUMS BRANDI
  • Owner Before Previous Owner: BANUET LAUREN B
  • Owner Before Previous Owner 2: BANUET ANDREW
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FCB
  • Census Tract: 004703

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63142-13-030
  • Block: 1
  • Lot: 14
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9205
  • Longitude: -104.754

    Address

  • Full Address: 7624 Montarbor Dr
  • Address - House Number: 7624
  • Address - Street Name: Montarbor
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C016
  • 4-Digit Zip Code: 5646
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 1,192
  • Tax Year: 2022
  • Tax Amount: $1,110
  • Tax Rate Code Area: FCB

    Appraisal Valuation

  • Standard Deviation: 0.1306
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 85
  • Final Value: 392,614
  • High Value: 443,900
  • Low Value: 341,328

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $334,066
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: May 04, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $334,066
  • 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: $266,739
  • Market Land Value: $72,800
  • Market Improvement Value: $193,939

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,540
  • Assessed Land Value: $5,060
  • Assessed Improvements Value: $13,480

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Transaction ID: 11900554638
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 62566
  • Previous Sale Recording Date: Jun 05, 2019
  • Previous Sale Contract Date: May 30, 2019
  • Previous Sale Amount: $278,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: May 04, 2022
  • First Mortgage Loan Amount: $334,066
  • 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 05, 2019
  • Previous Mortgage Loan Amount: $278,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Powers



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Frequently Asked Questions

What neighborhood is 7624 Montarbor Drive located in?
The 7624 Montarbor Drive is a house located in the neighborhood of Norwood in Powers, Colorado Springs.
What is the average sales price for listings in 7624 Montarbor Drive?
The average sales price for units in 7624 Montarbor Drive is $0 currently.

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