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8364 Cypress Wood Drive

8364 Cypress Wood Drive, Colorado Springs, CO 80927
House in El Paso
Sold Mar 01, 2019
$287,500
$262,000 by American Liberty Mortgage Inc
Mortgage Due Aug 01, 2045
Sold Jan 05, 2016
$235,000
$240,052 by Universal Lending Corp
Mortgage Due Feb 01, 2046
8364 Cypress Wood 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 2010 and is 14 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8364 Cypress Wood Drive has 1,882 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 4,416 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split 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 467 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a 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 or hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8364 Cypress Wood Drive sold most recently in Feb 27, 2019 for a total of $287,500. If you work out the math, that's approximately a cost of $122.39 per sqft. Before that, the property was also sold for $235,000 in Dec 23, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,714 in taxes each year. 8364 Cypress Wood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,400. If we break it down further, the land itself was valued at $5,560. Improvements to the property, however, were assessed at a total of $16,840. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split 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 Area: 0
  • Garage Type: Attached
  • Garage Square Area: 467
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,416
  • Total Building Area: 2,349
  • Gross Building Area: 2,349
  • Building Area: 1,882
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,882
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BANNING LEWIS RANCH FIL NO 8
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 86 BANNING LEWIS RANCH FIL NO 8

Ownership

  • Current Owner : KLOSTERMANN ERIK J
  • Current Owner 2: GIRTON KATHRYN G
  • Previous Owner : MCRAN HOLDINGS LLC
  • Owner Before Previous Owner: TAGLE BETINA J
  • Is Owner Occupied: Owner-occupied property
  • 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: 53093-14-017
  • Lot: 86
  • Municipality: FALCON 49
  • Latitude: 38.9287
  • Longitude: -104.674

    Address

  • Full Address: 8364 Cypress Wood Dr
  • Address - House Number: 8364
  • Address - Street Name: Cypress Wood
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R056
  • 4-Digit Zip Code: 4072
  • Zip Code: 80927

Valuation

    Tax

  • Total Area: 1,882
  • Tax Year: 2022
  • Tax Amount: $2,714
  • Tax Rate Code Area: SKG

    Appraisal Valuation

  • Standard Deviation: 0.1141
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 458,985
  • High Value: 511,373
  • Low Value: 406,597

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,000
  • First Open Lien Mortgage Lender: AMERICAN LIBERTY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Loan Amount: $262,000
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045

    Market Valuation

  • Market Total Value: $322,334
  • Market Land Value: $80,000
  • Market Improvement Value: $242,334

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,400
  • Assessed Land Value: $5,560
  • Assessed Improvements Value: $16,840

    Sales

  • Current Sale Contract Date: Feb 27, 2019
  • Current Sale Recording Date: Mar 01, 2019
  • Current Sale Transaction ID: 11574648431
  • Current Sale Price: $287,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219021482
  • Previous Sale Recording Date: Jan 05, 2016
  • Previous Sale Contract Date: Dec 23, 2015
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN LIBERTY MORTGAGE INC
  • First Mortgage Transaction Date: Mar 01, 2019
  • First Mortgage Loan Amount: $258,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL LENDING CORP
  • Previous Mortgage Transaction Date: Jan 05, 2016
  • Previous Mortgage Loan Amount: $240,052
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 01, 2046

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Frequently Asked Questions

What neighborhood is 8364 Cypress Wood Drive located in?
The 8364 Cypress Wood Drive is a house located in the neighborhood of El Paso in Colorado Springs, Colorado Springs.
What is the average sales price for listings in 8364 Cypress Wood Drive?
The average sales price for units in 8364 Cypress Wood Drive is $0 currently.

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