Check Availability

9324 Timberlake Loop

9324 Timberlake Loop, Colorado Springs, CO 80927
Property in El Paso
Sold Aug 10, 2021
$395,000
$375,250 by Hometown Lenders Inc
Mortgage Due Sep 01, 2051
Sold Jan 03, 2019
$270,000
$275,805 by Nest Home Lending Llc
Mortgage Due Jan 01, 2049
Local assessors in Colorado Springs, CO have categorized 9324 Timberlake Loop as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 2,951 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 5 rooms in the home. Of these, 2 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 is one full bathroom. There are also 2 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 9324 Timberlake Loop has a total of 1,498 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 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. 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, 9324 Timberlake Loop sold most recently in Aug 9, 2021 for a total of $395,000. If you work out the math, that's approximately a cost of $208.11 per sqft. Before that, the property was also sold for $270,000 in Dec 31, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,492 in taxes each year. 9324 Timberlake Loop was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $19,720. If we break it down further, the land itself was valued at $4,450. Improvements to the property, however, were assessed at a total of $15,270. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 2,951
  • Total Building Area: 1,898
  • Gross Building Area: 1,986
  • Building Area: 1,498
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,498
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BANNING LEWIS RANCH FILING NO 20
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 20 BANNING LEWIS RANCH FILING NO 20

Ownership

  • Current Owner : FOSTER ALEXIS
  • Current Owner 2: FOSTER MATTHEW
  • Previous Owner : HUTTO ERIC C
  • Owner Before Previous Owner: CLAYTON PROPERTIES GROUP II INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SKE
  • Census Tract: 005122

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: MP: 3104
  • Parcel: 53104-02-043
  • Lot: 20
  • Municipality: FALCON SCHOOL NO 49
  • Latitude: 38.928
  • Longitude: -104.654

    Address

  • Full Address: 9324 Timberlake Loop
  • Address - House Number: 9324
  • Address - Street Name: Timberlake
  • Address - Suffix Type: Loop
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R051
  • 4-Digit Zip Code: 9605
  • Zip Code: 80927

Valuation

    Tax

  • Total Area: 1,498
  • Tax Year: 2022
  • Tax Amount: $2,492
  • Tax Rate Code Area: SKE

    Appraisal Valuation

  • Standard Deviation: 0.1142
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 88
  • Final Value: 423,037
  • High Value: 471,376
  • Low Value: 374,697

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,250
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS INC
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $375,250
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $283,683
  • Market Land Value: $64,000
  • Market Improvement Value: $219,683

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,720
  • Assessed Land Value: $4,450
  • Assessed Improvements Value: $15,270

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11846890779
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221151327
  • Previous Sale Recording Date: Jan 03, 2019
  • Previous Sale Contract Date: Dec 31, 2018
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS INC
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $375,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NEST HOME LENDING LLC
  • Previous Mortgage Transaction Date: Jan 03, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $275,805
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Colorado Springs



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7233 Rim Bluff Ln, Colorado Springs, CO, 80927

$2,700 /mo

  • 3 Beds
  • 3 Baths
  • 2,883 ft²
7233 Rim Bluff Ln #7233 Rim Bluff Ln, Colorado Springs, CO, 80927 Listing by Manager
Unit for rent at 6614 John Muir Trail, Colorado Springs, CO, 80927

$2,495 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,932 ft²
6614 John Muir Trail #6614 John Muir Trail, Colorado Springs, CO, 80927 Listing by Manager
Unit for rent at 6250 John Muir Trl, Colorado Springs, CO, 80927

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,407 ft²
6250 John Muir Trl #6250 John Muir Trl, Colorado Springs, CO, 80927 Listing by Manager

Frequently Asked Questions

What neighborhood is 9324 Timberlake Loop located in?
The 9324 Timberlake Loop is a located in the neighborhood of El Paso in Colorado Springs, Colorado Springs.
What is the average sales price for listings in 9324 Timberlake Loop?
The average sales price for units in 9324 Timberlake Loop is $0 currently.

Quantcast