NOT LISTED FOR SALE

7788 Forest Valley Loop Colorado Springs, CO 80908

Estimated Value: $525,377 - $576,000

4 Beds
2.5 Baths
2,121 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $530,000 $250 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,306/month

3 Days on Market

Highlights

  • 3 Car Attached Garage
  • Tandem Parking
  • Living Room
  • Eat-In Kitchen
  • Walk-In Closet
  • Kitchen Island

About This Home

As of May 2024

Nestled within a serene neighborhood, this home offers easy access to the Powers Corridor while providing a tranquil retreat from the hustle and bustle. The flooring throughout the home has been refreshed, featuring hardwood in the entrance and plush carpeting in the living areas and bedrooms. Each room is fitted with faux wood blinds, offering both privacy and style. Comfort is a priority with a whole-home humidifier, central AC, heating, a radon mitigation system, and a sump pump, complemented by a roof replaced just four years ago.

The thoughtful layout includes an eat-in kitchen that flows into a living room with a fireplace, making it a cozy space for gatherings. The kitchen boasts stainless steel appliances, granite countertops, and a two-level island, enhancing functionality and visual appeal. A dedicated area is perfectly suited as a home office or reading nook, and the laundry room conveniently located upstairs near the bedrooms simplifies daily chores.

The master bedroom stands out with its spacious layout, vaulted ceilings, a 5-piece bathroom, and significant closet space, including a walk-in and an additional closet, offering extensive storage and organization options.

The property also features a 3-car tandem garage and a large backyard with a covered patio, perfect for outdoor enjoyment. An unfinished basement with plumbing for a 3-piece bathroom provides a blank canvas for future customization or expansion.

Last Agent to Sell the Property

Leia Bernhard

Keller Williams Partners Realty Brokerage Email: leia.bernhard@kw.com,719-412-5406 License #100099777 Listed on: 04/04/2024

Keller Williams Partners Realty

Last Buyer's Agent

Kaitlyn Hogan

Realty One Group Apex License #100098907

Realty One Group Apex

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 2012

Lot Details

  • 7,728 Sq Ft Lot
  • Level Lot
  • Property is zoned PUD AO

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Tandem Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Radon Mitigation System

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

  • Inspiration View Elementary School
  • Sky View Middle School
  • Vista Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • Forest Meadows HOA, Phone Number (719) 578-9111
  • Forest Meadows Subdivision

Listing and Financial Details

  • Exclusions: All curtain rods/fixtures, doorbell camera, and indoor cameras
  • Assessor Parcel Number 53053-19-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,621

Year Built

Built in 2012

Lot Details

0

HOA Fees

$20 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 2121
  • Exclusions: All curtain rods/fixtures, doorbell camera, and indoor cameras
  • Living Area: 2121
  • Directions: From Powers Blvd. east on Woodman Rd., left on Black Forest Rd., right on Vollmer Rd., left on Forest Garden Trail, left on Forest Valley Loop, home is the 2nd right.
  • SubdivisionName: Forest Meadows
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 892.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.02317
  • Attribution Contact: leia.bernhard@kw.com,719-412-5406
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Fireplaces: 1
  • Interior Amenities: Eat-in Kitchen, Five Piece Bath, Kitchen Island, Pantry, Radon Mitigation System, Walk-In Closet(s)
  • Flooring: Carpet, Laminate
  • Fireplace Features: Gas
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Parking Features: Concrete, Tandem
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association Name: Forest Meadows HOA
  • Association Fee Frequency: Quarterly
  • Association Fee: 65
  • Phone: (719) 578-9111
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 260.00
  • REC_AssociationFeeTotalAnnual: 260.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://forestmeadowsnews.com/hoa/

Schools

  • Middle Or Junior School: Sky View

Lot Info

  • Parcel Number: 53053-19-002
  • Lot Size Acres: 0.18
  • Building Area Total: 3013
  • Lot Features: Level
  • Lot Size Sq Ft: 7728
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2621

MLS Schools

  • Elementary School: Inspiration View
  • High School: Vista Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 2, 2024
Sold by
Henry Nick Palmer and Henry Rachel Ann
Bought by
Morlan Jamie and Morlan Bowen
Seller's Agent
Leia Bernhard
Keller Williams Partners Realty
Buyer's Agent
Kaitlyn Hogan
Realty One Group Apex
List Price
$518,000
Sold Price
$530,000
Premium/Discount to List
$12,000
2.32%
Views
23
Current Estimated Value
$541,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,594
Avg. Annual Appreciation
1.80%
Original Mortgage
$503,500
Outstanding Balance
$498,707
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$42,072

Purchase Details

Closed on
May 13, 2020
Sold by
Miller Travis D and Miller Melissa A
Bought by
Henry Nicklaus Palmer and Henry Rachel Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,855
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
May 30, 2017
Sold by
Goodfellow Nicholas Paul
Bought by
Miller Travis D and Miller Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,670
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
Dec 14, 2012
Sold by
Saint Aubyn Homes Llc
Bought by
Goodfellow Nicholas Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,311
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Morlan Jamie $530,000 First American Title
Henry Nicklaus Palmer $385,000 Unified Title Company
Miller Travis D $314,900 Heritage Title Co
Goodfellow Nicholas Paul $255,200 Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morlan Jamie $503,500
Previous Owner Henry Nicklaus Palmer $393,855
Previous Owner Miller Travis D $321,670
Previous Owner Goodfellow Nicholas Paul $246,311
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $530,000 0.0% $176 / Sq Ft
05/02/2024 05/02/24 Sold $530,000 +2.3% $250 / Sq Ft
04/18/2024 04/18/24 Off Market $518,000 -- --
04/08/2024 04/08/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $518,000 0.0% $244 / Sq Ft
04/02/2024 04/02/24 For Sale $518,000 -- $172 / Sq Ft
Source: REcolorado®

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 $3,218 $34,370 $6,030 $28,340
2023 $3,218 $34,370 $6,030 $28,340
2022 $2,621 $23,450 $5,590 $17,860
2021 $2,802 $24,140 $5,760 $18,380
2020 $2,867 $22,920 $5,010 $17,910
2019 $2,931 $22,920 $5,010 $17,910
2018 $2,421 $19,180 $4,320 $14,860
2017 $2,428 $19,180 $4,320 $14,860
2016 $2,506 $20,460 $4,140 $16,320
2015 $2,550 $20,460 $4,140 $16,320
2014 $2,527 $20,060 $4,140 $15,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8162763

REcolorado®

APN: 53053-19-002