3 Beds   2 Baths   1,444 Sq. Ft.   Single-Family

4942 Old Fountain Blvd, Colorado Springs, CO 80916


This Single-Family Preforeclosure is located at Old Fountain Blvd, Colorado Springs, CO 80916. It has 3 Beds, 2 Baths , 1,444 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 43178103

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,444
  • Garage Description: ATTACHED
  • Total Rooms: 6
  • Lot Size: 0.24 acres
  • Levels: 1
  • Heating Type: Forced Air
  • Year Built: 1973
  • Source ID: 14845967
  • Estimated Value: $109,078
  • Day(s) On Site: 3069
  • Subdivision: PIKES PEAK PANORAMA FLG 01
  • Assessed Value: $9,950
  • Parcel Number: 6425201013
  • Property Type: Single Family Dwelling
  • Plaintiff: WELLS FARGO BANK NA
  • Defendant Name: ANDREA M JACKSON
  • Recording Date: 03-17-2014
  • Trustee Address: 355 UNION BLVD 250
  • Trustee City: LAKEWOOD
  • Trustee State: CO
  • Trustee Zip: 80228
  • Trustee Phone: (303) 274-0155
  • Trustee Reference Number: 14-922-26202
  • Deed Category: NTS
  • Mortgage Balance: $140,000
  • Document Number: 214021338

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 477
  • Parking: BUILT-IN GARAGE
  • Parking Sqft: 517
  • Construction Type: FRAME
  • Exterior Wall Type: WOOD SIDING
  • Foundation Type: CONCRETE
  • Heating Type: FORCED AIR
  • Roof Type: GABLE
  • Land Area Sqft: 10,300
  • Year Built: 1973
  • APN: 64252-01-013
  • Property Type: Single Family Residence
  • Living Sqft: 1,444
  • Garage: BUILT IN
  • Style: TRI-LEVEL
  • Subdivision: PIKES PEAK PANORAMA FLG 01


Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


Auction Information

  • Auction Date: 07-16-2014

    Loan Information

  • 1st Mortgage Date: 02-20-2007
  • Mortgage Balance: $140,000

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Listing History

Start Date End Date Listing Type Bank Name
01/31/12 01/30/13 Bankruptcy
10/11/11 02/01/12 Preforeclosure WELLS FARGO BANK

Old Fountain Blvd
Colorado Springs, CO 80916

3 Beds   2 Baths   1,444 sq. ft.   Single-Family


Status: Inactive Listing ID: 43178103

Property Information

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Public Records

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Property Description

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