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8635 Tranquil Knoll Lane

8635 Tranquil Knoll Lane, Colorado Springs, CO 80927
House in El Paso
Sold Jun 04, 2020
$470,000
$399,500 by Midwest Mortgage Associates Co
Mortgage Due Jul 01, 2050
Sold Jun 04, 2020
$470,000
8635 Tranquil Knoll Lane 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 2017 and is 7 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8635 Tranquil Knoll Lane has 3,209 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 2,057 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,325 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 390 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a covered 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 style roof made of composition shingle. The exterior walls of the building are made of wood siding. 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, 8635 Tranquil Knoll Lane sold most recently in Jun 1, 2020 for a total of $470,000. If you work out the math, that's approximately a cost of $104.35 per sqft. Before that, the property was also sold for $470,000 in Jun 1, 2020. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,648 in taxes each year. 8635 Tranquil Knoll Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $32,750. If we break it down further, the land itself was valued at $6,120. Improvements to the property, however, were assessed at a total of $26,630. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 2,057
  • Garage Type: Attached
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,325
  • Total Building Area: 4,504
  • Gross Building Area: 4,627
  • Building Area: 3,209
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,209
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BANNING LEWIS RANCH FIL NO 14D
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 44 BANNING LEWIS RANCH FIL NO 14D

Ownership

  • Current Owner : LUBS SOLOMON DAVID
  • Current Owner 2: LUBS JESSICA L
  • Previous Owner : CARTUS FINANCIAL CORPORATION
  • Owner Before Previous Owner: ARNOTT ANDREW
  • Owner Before Previous Owner 2: AMDT SARAH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: SKR
  • Census Tract: 005122

Zoning

  • Zoning: PUD AO SS

Geography

  • Assessors Map Reference: MP: 3094
  • Parcel: 53094-13-090
  • Lot: 44
  • Municipality: FALCON 49
  • Latitude: 38.9284
  • Longitude: -104.666

    Address

  • Full Address: 8635 Tranquil Knoll Ln
  • Address - House Number: 8635
  • Address - Street Name: Tranquil Knoll
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R053
  • 4-Digit Zip Code: 4153
  • Zip Code: 80927

Valuation

    Tax

  • Total Area: 4,114
  • Tax Year: 2022
  • Tax Amount: $3,648
  • Tax Rate Code Area: SKR

    Appraisal Valuation

  • Standard Deviation: 0.1124
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 88
  • Final Value: 631,507
  • High Value: 702,500
  • Low Value: 560,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,500
  • First Open Lien Mortgage Lender: MIDWEST MORTGAGE ASSOCIATES CO
  • First Open Lien Mortgage Recording Date: Jun 04, 2020
  • First Open Lien Mortgage Loan Amount: $399,500
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $471,170
  • Market Land Value: $88,000
  • Market Improvement Value: $383,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,750
  • Assessed Land Value: $6,120
  • Assessed Improvements Value: $26,630

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Transaction ID: 11764450927
  • Current Sale Price: $470,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 220077297
  • Previous Sale Recording Date: Jun 04, 2020
  • Previous Sale Contract Date: Jun 01, 2020
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST MORTGAGE ASSOCIATES CO
  • First Mortgage Transaction Date: Jun 04, 2020
  • First Mortgage Loan Amount: $399,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Colorado Springs



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8635 Tranquil Knoll Lane located in?
The 8635 Tranquil Knoll Lane is a house located in the neighborhood of El Paso in Colorado Springs, Colorado Springs.
What is the average sales price for listings in 8635 Tranquil Knoll Lane?
The average sales price for units in 8635 Tranquil Knoll Lane is $475,000 , or $115/sqft. currently.

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