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860 Durham Terrace

860 Durham Terrace, Colorado Springs, CO 80918
House in Pulpit Rock
Sold Nov 17, 2022
$605,000
$522,210 by Secure Choice Lending
Mortgage Due Dec 01, 2052
Sold Feb 21, 2020
$475,000
$356,250 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2050
860 Durham Terrace in Colorado Springs, CO was first built in 1981 and is 43 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 860 Durham Terrace has 2,736 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 finished improved basement. In total, the area measurement of the land is 11,190 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 524 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 stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 860 Durham Terrace was last sold in Nov 16, 2022 for $605,000. According to our calculations, that's $185.58 per sqft. Prior to that sales transaction, the property was sold for $475,000 in Feb 20, 2020. Current property owners are expected to pay $1,821 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 860 Durham Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $32,550. To break that down further, the land itself was valued at $3,960. While improvements to the property were assessed at a total of $28,590. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • 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 Type: Finished improved basement
  • Basement Area: 732
  • Garage Type: Attached
  • Garage Square Area: 524
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 11,190
  • Total Building Area: 3,260
  • Gross Building Area: 3,260
  • Building Area: 2,736
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,736
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PULPIT ROCK PARK FIL NO 4
  • Land Acres: 0.257
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 56 PULPIT ROCK PARK FIL NO 4 COLO SPGS

Ownership

  • Current Owner : PASQUALETTO DEANNA
  • Current Owner 2: PASQUALETTO ERIC
  • Previous Owner : JOSEPH PAULK JR TRUST
  • Owner Before Previous Owner: KARRMAN HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 007700

Zoning

  • Zoning: R1-6 HS

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63172-10-040
  • Lot: 56
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9205
  • Longitude: -104.811

    Address

  • Full Address: 860 Durham Ter
  • Address - House Number: 860
  • Address - Street Name: Durham
  • Address - Suffix Type: Ter
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C013
  • 4-Digit Zip Code: 7045
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 2,736
  • Tax Year: 2022
  • Tax Amount: $1,821
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.117
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 87
  • Final Value: 608,839
  • High Value: 680,115
  • Low Value: 537,563

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $522,210
  • First Open Lien Mortgage Lender: SECURE CHOICE LENDING
  • First Open Lien Mortgage Recording Date: Nov 17, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $522,210
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $468,367
  • Market Land Value: $57,000
  • Market Improvement Value: $411,367

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,550
  • Assessed Land Value: $3,960
  • Assessed Improvements Value: $28,590

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Nov 17, 2022
  • Current Sale Transaction ID: 11898915942
  • Current Sale Price: $605,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2142169
  • Previous Sale Recording Date: Feb 21, 2020
  • Previous Sale Contract Date: Feb 20, 2020
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURE CHOICE LENDING
  • First Mortgage Transaction Date: Nov 17, 2022
  • First Mortgage Loan Amount: $522,210
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 21, 2020
  • Previous Mortgage Loan Amount: $356,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2050

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Frequently Asked Questions

What neighborhood is 860 Durham Terrace located in?
The 860 Durham Terrace is a house located in the neighborhood of Pulpit Rock in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 860 Durham Terrace?
The average sales price for units in 860 Durham Terrace is $0 currently.

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