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8383 Mahogany Wood Court

8383 Mahogany Wood Court, Colorado Springs, CO 80927
Property in El Paso
Sold Mar 25, 2022
$500,000
$400,000 by Universal Lending Corporation
Mortgage Due Apr 01, 2052
Sold Nov 17, 2011
$265,000
$270,650 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2041
8383 Mahogany Wood Court in Colorado Springs, CO was first built in 2011 and is 13 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 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 8383 Mahogany Wood Court has 2,414 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. The basement is 732 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 3,896 square feet.

Learn more about the property and building on this page. There is a covered 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 467 sqft. There are a total of 2 available parking spaces. 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 wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in Mar 25, 2022 for $500,000. That's $161.34 per sqft. Prior to that sales transaction, the property was also sold in Nov 9, 2011 for $265,000. 8383 Mahogany Wood Court was last assessed in 2022. The total value of the property was assessed at $25,620. Specifically, the land the property is located on was valued at $5,560. While improvements on the property were assessed at a total of $20,060. 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 $3,105. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 732
  • Garage Type: Attached
  • Garage Square Area: 467
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 3,896
  • Total Building Area: 3,099
  • Gross Building Area: 3,235
  • Building Area: 2,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,414
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BANNING LEWIS RANCH FIL NO 8
  • Land Acres: 0.089
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 73 BANNING LEWIS RANCH FIL NO 8

Ownership

  • Current Owner : GRONEWOLD RACHEL M
  • Previous Owner : RYAN CONNELL STEPHEN
  • Owner Before Previous Owner: OAKWOOD HOMES LLC
  • Is Owner Occupied: Owner-occupied property

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: 53093-14-004
  • Lot: 73
  • Municipality: FALCON 49
  • Latitude: 38.929
  • Longitude: -104.674

    Address

  • Full Address: 8383 Mahogany Wood Ct
  • Address - House Number: 8383
  • Address - Street Name: Mahogany Wood
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R056
  • 4-Digit Zip Code: 9601
  • Zip Code: 80927

Valuation

    Tax

  • Total Area: 2,632
  • Tax Year: 2022
  • Tax Amount: $3,105
  • Tax Rate Code Area: SKG

    Appraisal Valuation

  • Standard Deviation: 0.1106
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 504,471
  • High Value: 560,279
  • Low Value: 448,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: UNIVERSAL LENDING CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 25, 2022
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $368,697
  • Market Land Value: $80,000
  • Market Improvement Value: $288,697

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,620
  • Assessed Land Value: $5,560
  • Assessed Improvements Value: $20,060

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Transaction ID: 11883354607
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 42480
  • Previous Sale Recording Date: Nov 17, 2011
  • Previous Sale Contract Date: Nov 09, 2011
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL LENDING CORPORATION
  • First Mortgage Transaction Date: Mar 25, 2022
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 17, 2011
  • Previous Mortgage Loan Amount: $270,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Dec 01, 2041

About Colorado Springs



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Frequently Asked Questions

What neighborhood is 8383 Mahogany Wood Court located in?
The 8383 Mahogany Wood Court is a located in the neighborhood of El Paso in Colorado Springs, Colorado Springs.
What is the average sales price for listings in 8383 Mahogany Wood Court?
The average sales price for units in 8383 Mahogany Wood Court is $0 currently.

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