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8460 Cypress Wood Drive

8460 Cypress Wood Drive, Colorado Springs, CO 80915
House in El Paso
Sold Apr 29, 2019
$360,000
$356,250 by Armed Forces Bank Na
Mortgage Due Nov 01, 2050
Sold Apr 04, 2017
$340,000
$340,000 by Citywide Home Loans
Mortgage Due May 01, 2047
Local assessors in Colorado Springs, CO have categorized 8460 Cypress Wood Drive as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 4,298 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8460 Cypress Wood Drive has a total of 2,718 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 1,380 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 420 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 a covered porch so you'll have a great option in the front 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 style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. 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. The property was last sold in Apr 24, 2019 for $360,000. That's $112.22 per sqft. Prior to that sales transaction, the property was also sold in Apr 3, 2017 for $340,000. 8460 Cypress Wood Drive was last assessed in 2022. The total value of the property was assessed at $26,360. Specifically, the land the property is located on was valued at $5,000. While improvements on the property were assessed at a total of $21,360. 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 $3,194. 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

Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 1,380
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,298
  • Total Building Area: 3,208
  • Gross Building Area: 3,318
  • Building Area: 2,718
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,718
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BANNING LEWIS RANCH FIL NO 7
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 4 BLK 16 BANNING LEWIS RANCH FIL NO 7

Ownership

  • Current Owner : PETERSON BRIAN A
  • Previous Owner : MEDINA ENRIQUE
  • Owner Before Previous Owner: ROCKWOOD 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: 53094-04-004
  • Block: 16
  • Lot: 4
  • Municipality: FALCON 49
  • Latitude: 38.9286
  • Longitude: -104.671

    Address

  • Full Address: 8460 Cypress Wood Dr
  • Address - House Number: 8460
  • Address - Street Name: Cypress Wood
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R056
  • 4-Digit Zip Code: 4052
  • Zip Code: 80927

Valuation

    Tax

  • Total Area: 2,788
  • Tax Year: 2022
  • Tax Amount: $3,194
  • Tax Rate Code Area: SKG

    Appraisal Valuation

  • Standard Deviation: 0.1124
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 88
  • Final Value: 539,632
  • High Value: 600,297
  • Low Value: 478,967

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,250
  • First Open Lien Mortgage Lender: ARMED FORCES BANK NA
  • First Open Lien Mortgage Recording Date: Oct 29, 2020
  • First Open Lien Mortgage Loan Amount: $356,250
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $379,331
  • Market Land Value: $72,000
  • Market Improvement Value: $307,331

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,360
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $21,360

    Sales

  • Current Sale Contract Date: Apr 24, 2019
  • Current Sale Recording Date: Apr 29, 2019
  • Current Sale Transaction ID: 11602025786
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219044551
  • Previous Sale Recording Date: Apr 04, 2017
  • Previous Sale Contract Date: Apr 03, 2017
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 29, 2019
  • First Mortgage Loan Amount: $357,853
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CITYWIDE HOME LOANS
  • Previous Mortgage Transaction Date: Apr 04, 2017
  • Previous Mortgage Loan Amount: $340,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2047

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Frequently Asked Questions

What neighborhood is 8460 Cypress Wood Drive located in?
The 8460 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 8460 Cypress Wood Drive?
The average sales price for units in 8460 Cypress Wood Drive is $0 currently.

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