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8656 Chancellor Drive

8656 Chancellor Drive, Colorado Springs, CO 80920
Property in Briargate
Sold Sep 21, 2018
$313,650
$262,500 by Caliber Home Loans Inc
Mortgage Due May 01, 2050
Sold Jul 10, 1997
$161,800
$166,654 by Peoples Mtg Corp
Mortgage Due Aug 01, 2027
Local assessors in Colorado Springs, CO have categorized 8656 Chancellor Drive as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 12,566 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8656 Chancellor Drive has a total of 2,400 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 976 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 400 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 both a unknown and a unknown so you'll have great options in both the front and back 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 - B. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. 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. 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, 8656 Chancellor Drive was last sold in Sep 19, 2018 for $313,650. According to our calculations, that's $108.91 per sqft. Prior to that sales transaction, the property was sold for $161,800 in Jul 9, 1997. Current property owners are expected to pay $1,785 in taxes per year. The property on 8656 Chancellor Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $25,290. To break that down further, the land itself was valued at $4,340. While improvements to the property were assessed at a total of $20,950. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 976
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,566
  • Total Building Area: 2,880
  • Gross Building Area: 2,945
  • Building Area: 2,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRFAX AT BRIARGATE FIL NO 12
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 32 FAIRFAX AT BRIARGATE FIL NO 12 COLO SPGS

Ownership

  • Current Owner : CHRISMAN RYAN
  • Current Owner 2: LEE KAREN
  • Previous Owner : HANCOCK RANDAL COREY
  • Previous Owner 2: HANCOCK JUANITA K
  • Owner Before Previous Owner: THE CAMPBELL CORP
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 26, 2024

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JDE
  • Census Tract: 006901

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: Jan 13, 2066
  • Parcel: 63012-18-015
  • Lot: 32
  • Municipality: ACADEMY 20
  • Latitude: 38.9534
  • Longitude: -104.731

    Address

  • Full Address: 8656 Chancellor Dr
  • Address - House Number: 8656
  • Address - Street Name: Chancellor
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R034
  • 4-Digit Zip Code: 7188
  • Zip Code: 80920

Valuation

    Tax

  • Total Area: 2,480
  • Tax Year: 2022
  • Tax Amount: $1,785
  • Tax Rate Code Area: JDE

    Appraisal Valuation

  • Standard Deviation: 0.1211
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 86
  • Final Value: 524,155
  • High Value: 587,641
  • Low Value: 460,670

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $329,500
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 13, 2020
  • First Open Lien Mortgage Loan Amount: $262,500
  • 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: May 01, 2050
  • Second Open Lien Mortgage Lender: ENT CU
  • Second Open Lien Mortgage Recording Date: Feb 23, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $67,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 28, 2041

    Market Valuation

  • Market Total Value: $363,901
  • Market Land Value: $62,400
  • Market Improvement Value: $301,501

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,290
  • Assessed Land Value: $4,340
  • Assessed Improvements Value: $20,950

    Sales

  • Current Sale Contract Date: Sep 19, 2018
  • Current Sale Recording Date: Sep 21, 2018
  • Current Sale Transaction ID: 11507867446
  • Current Sale Price: $313,650
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218110253
  • Previous Sale Recording Date: Jul 10, 1997
  • Previous Sale Contract Date: Jul 09, 1997
  • Previous Sale Amount: $161,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CERTAINTY HOME LOANS LLC
  • First Mortgage Transaction Date: Sep 21, 2018
  • First Mortgage Loan Amount: $262,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES MTG CORP
  • Previous Mortgage Transaction Date: Jul 10, 1997
  • Previous Mortgage Loan Amount: $166,654
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2027

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Frequently Asked Questions

What neighborhood is 8656 Chancellor Drive located in?
The 8656 Chancellor Drive is a located in the neighborhood of Briargate in Briargate, Colorado Springs.
What is the average sales price for listings in 8656 Chancellor Drive?
The average sales price for units in 8656 Chancellor Drive is $0 currently.

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