316 Fairfax Street

316 Fairfax Street in Colorado Springs, CO was first built in 1968 and is 56 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 316 Fairfax Street has 2,033 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 1,165 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 10,900 square feet.

Learn more about the property and building on this page. There is a covered 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 473 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 masonry 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 wood siding. 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. 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, 316 Fairfax Street sold most recently in Jun 15, 2015 for a total of $190,000. If you work out the math, that's approximately a cost of $58.95 per sqft. Before that, the property was also sold for $152,000 in Oct 9, 2008. 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 $1,522 in taxes each year. 316 Fairfax Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,830. If we break it down further, the land itself was valued at $3,410. Improvements to the property, however, were assessed at a total of $18,420. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.