NOT LISTED FOR SALE

Estimated Value: $593,689 - $670,000

4 Beds
3 Baths
3,520 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 7018 Cumbre Vista Way, Colorado Springs, CO 80924 and is currently estimated at $626,172, approximately $177 per square foot. 7018 Cumbre Vista Way is a home located in El Paso County with nearby schools including Legacy Peak Elementary School, Chinook Trail Middle School, and Liberty High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2019
Sold by
Hp Colorado I Llc
Bought by
Hpa Jv Borrower 2019 1 Ml Llc
Current Estimated Value
$626,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000,000
Outstanding Balance
$178,276,973
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$177,670,319

Purchase Details

Closed on
Sep 21, 2018
Sold by
Kim Hyosung and Kim Soohyun
Bought by
Ho Colorado I Llc

Purchase Details

Closed on
Jul 24, 2014
Sold by
Keller Homes Inc
Bought by
Kim Hyosung and Kim Soohyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.23%
Mortgage Type
VA

Purchase Details

Closed on
Mar 17, 2014
Sold by
Kf 103 Cv Llc
Bought by
Keller Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,534
Interest Rate
4.43%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hpa Jv Borrower 2019 1 Ml Llc -- None Available
Ho Colorado I Llc $400,000 Stewart Title
Kim Hyosung $325,074 Land Title Guarantee Company
Keller Homes Inc $86,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hpa Jv Borrower 2019-1 Ml Llc $200,000,000
Previous Owner Kim Hyosung $260,000
Previous Owner Keller Homes Inc $180,534
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,428 $40,570 $6,030 $34,540
2023 $3,428 $40,570 $6,030 $34,540
2022 $2,984 $28,500 $5,590 $22,910
2021 $3,768 $29,330 $5,760 $23,570
2020 $3,711 $26,080 $5,010 $21,070
2019 $3,780 $26,080 $5,010 $21,070
2018 $3,702 $25,820 $4,320 $21,500
2017 $3,696 $25,820 $4,320 $21,500
2016 $3,402 $24,600 $4,140 $20,460
2015 $3,449 $24,600 $4,140 $20,460
2014 $2,117 $15,080 $15,080 $0
Source: Public Records

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