NOT LISTED FOR SALE

7130 Silver Torch Terrace Colorado Springs, CO 80919

Oak Valley Ranch Neighborhood

Estimated Value: $387,000 - $415,000

3 Beds
2 Baths
1,174 Sq Ft
$343/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $364,000 $310 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,292/month

15 Days on Market

Highlights

  • Mountain View
  • Property is near a park
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of February 2023

Enjoy living on the West side in this 3-bedroom, 2-bath bi-level home! Multiple parks nearby, situated in an established, quiet neighborhood, and easy access to I-25. Step upstairs to the airy and bright living room. Vaulted ceilings and natural light make this a wonderful place to relax or entertain in the open-concept kitchen-dining area. With an island/counter bar and designer tile floors, you'll feel at home whipping up some delicious food! Or step out the sliding glass door to the private upper deck overlooking the spacious backyard. The oversized back deck has mountain views & includes built-in seating with access to the backyard. The owner's suite has a private adjoining bath, and a second bedroom rounds out this floor. The lower level features an additional bedroom and full bath, plus a family room and laundry room. This could be your dream home... come take a look!

Last Agent to Sell the Property

Chris Cowles

The Cutting Edge Listed on: 01/18/2023

The Cutting Edge

Last Buyer's Agent

Jeffrey Johnson

Keller Williams Premier Realty

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,191

Year Built

  • Built in 1985

Lot Details

  • 4,500 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Bi-Level Home
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,174 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Mountain Views
  • Walk-Out Basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

  • Trailblazer Elementary School
  • Holmes Middle School
  • Coronado High School

Utilities

  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Uses Natural Gas
  • Phone Available

Additional Features

  • Ramped or Level from Garage
  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,191

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Total Bathrooms: 2
  • LaundryFacilites: Electric Hook-up, Lower
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Fill Sq Ft Total: 1174
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Type: Lower Level, One, Pellet, Wood Burning Stove
  • Floor Plan: Bi-level
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Skylight (s), Vaulted Ceilings
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1174
  • Sq Ft Lower Floor: 418

Exterior Features

  • New Construction: Existing Home
  • Fence: Rear
  • Foundation Details: Garden Level, Walk Out
  • Landscaped: All
  • Lot Type: Level, Mountain View
  • Lot Location: Near Park, Near Schools, Near Shopping Center
  • PatioDesc: Wood Deck
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Framed on Lot

Garage/Parking

  • Driveway: Concrete, Paved
  • GarageAmenitities: Even with Main Level
  • Garage Spaces: 1
  • Garage Type: Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas, Telephone
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Colorado Springs 11
  • Elementary School: Trailblazer
  • Middle School: Holmes
  • High School: Coronado
  • Elementary School: Trailblazer
  • High School: Coronado
  • Middle Or Junior School: Holmes
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1033
  • Lot Size: 4500.0000

Tax Info

  • Flip Tax Amount: 1190.78
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 18, 2023
Sold by
Nylon Sophia M
Bought by
Karaska Kyle
Seller's Agent
Chris Cowles
The Cutting Edge
Buyer's Agent
Jeffrey Johnson
Keller Williams Premier Realty
List Price
$389,900
Sold Price
$364,000
Premium/Discount to List
-$25,900
-6.64%
Views
48
Current Estimated Value
$402,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,695
Avg. Annual Appreciation
4.41%
Original Mortgage
$296,296
Outstanding Balance
$287,967
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$117,632

Purchase Details

Closed on
Feb 14, 2018
Sold by
Salazar Chalene M and Martinez Charlene M
Bought by
Nylen Sophia M and Riddle John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2007
Sold by
Martinez Charlene M
Bought by
Salazar Charlene M

Purchase Details

Closed on
Mar 28, 2007
Sold by
Martinez Charlene M
Bought by
Salazar Charlene M

Purchase Details

Closed on
Aug 14, 2000
Sold by
Mortimer Amy L and Mortimer Kevin J
Bought by
Martinez Charlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,320
Interest Rate
8.22%

Purchase Details

Closed on
Dec 5, 1995
Sold by
Ford Cheryl D
Bought by
Mortimer Amy L and Bufmack Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,020
Interest Rate
7.4%
Mortgage Type
VA

Purchase Details

Closed on
Oct 7, 1994
Sold by
Hainley Leonard M and Hainley Christina M
Bought by
Ford Cheryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
8.46%

Purchase Details

Closed on
Jun 19, 1991
Bought by
Salazar Charlene M

Purchase Details

Closed on
Dec 5, 1990
Bought by
Salazar Charlene M

Purchase Details

Closed on
Nov 27, 1990
Bought by
Salazar Charlene M

Purchase Details

Closed on
Aug 2, 1988
Bought by
Salazar Charlene M

Purchase Details

Closed on
Mar 1, 1986
Bought by
Salazar Charlene M
Source: Public Records

Range of Values:

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Average Value
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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
Karaska Kyle -- --
Nylen Sophia M $240,000 Arapahoe Title Services Llc
Salazar Charlene M -- None Available
Salazar Charlene M -- None Available
Martinez Charlene M $132,900 First American
Mortimer Amy L $101,300 --
Ford Cheryl D $92,000 First American Title
Salazar Charlene M -- --
Salazar Charlene M -- --
Salazar Charlene M -- --
Salazar Charlene M -- --
Salazar Charlene M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karaska Kyle $296,296
Previous Owner Nylen Sophia M $228,000
Previous Owner Salazar Charlene M $25,000
Previous Owner Salazar Charlene M $100,603
Previous Owner Martinez Charlene M $107,200
Previous Owner Martinez Charlene M $13,000
Previous Owner Martinez Charlene M $13,000
Previous Owner Martinez Charlene M $106,320
Previous Owner Mortimer Amy L $103,020
Previous Owner Ford Cheryl D $87,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Off Market $364,000 -- --
02/28/2023 02/28/23 Sold $364,000 -6.6% $310 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $389,900 -- $332 / Sq Ft
Source: Pikes Peak REALTOR® Services

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
2025 $1,229 $27,150 -- --
2024 $1,117 $26,530 $4,780 $21,750
2023 $1,117 $26,530 $4,780 $21,750
2022 $1,098 $19,620 $4,310 $15,310
2021 $1,191 $20,180 $4,430 $15,750
2020 $1,105 $16,280 $3,860 $12,420
2019 $1,099 $16,280 $3,860 $12,420
2018 $1,015 $13,840 $3,890 $9,950
2017 $962 $13,840 $3,890 $9,950
2016 $775 $13,360 $3,980 $9,380
2015 $772 $13,360 $3,980 $9,380
2014 $744 $12,370 $3,610 $8,760
Source: Public Records

Agents Affiliated with this Home

  • Chris Cowles

    Seller's Agent in 2023

    Chris Cowles

    The Cutting Edge

    (719) 999-5067

    3 in this area

    284 Total Sales

    Chris Cowles
    Section Image
  • Jeffrey Johnson

    Buyer's Agent in 2023

    Jeffrey Johnson

    Keller Williams Premier Realty

    (719) 930-5169

    3 in this area

    965 Total Sales

    Jeffrey Johnson
    Section Image
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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 3223513

Pikes Peak REALTOR® Services

APN: 73112-04-003

Colorado El Paso County Colorado Springs 80919 Oak Valley Ranch

7130 Silver Torch Terrace, Colorado Springs, CO

This home is located at 7130 Silver Torch Terrace, Colorado Springs, CO 80919 since 18 January 2023 and is currently estimated at $402,695, approximately $343 per square foot. This property was built in 1985. 7130 Silver Torch Terrace is a home located in El Paso County with nearby schools including Trailblazer Elementary School, Holmes Middle School, and Coronado High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pikes Peak REALTOR® Services IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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