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4525 Borden Drive

4525 Borden Drive, Colorado Springs, CO 80911
Sold Sep 06, 2019
$256,000
$337,600 by Southwest Funding Lp
Mortgage Due Oct 01, 2052
Sold Sep 22, 2017
$233,000
$238,009 by Mortgage Research Center Llc
Mortgage Due Oct 01, 2047
4525 Borden Drive has been categorized by the local assessors in Colorado Springs, CO as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4525 Borden Drive has 1,494 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,037 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 5,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Aug 21, 2019 for $256,000. That's $103.48 per sqft. Prior to that sales transaction, the property was also sold in Sep 22, 2017 for $233,000. 4525 Borden Drive was last assessed in 2022. The total value of the property was assessed at $19,290. Specifically, the land the property is located on was valued at $2,780. While improvements on the property were assessed at a total of $16,510. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,440. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Masonite Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,037
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,474
  • Gross Building Area: 2,474
  • Building Area: 1,494
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,494
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRADLEY RANCH FIL NO 3 PHASE II
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 20 BLK 3 BRADLEY RANCH FIL NO 3 PHASE II

Ownership

  • Current Owner : LASKEY CHRISTOPHER S
  • Previous Owner : GRANT CODY
  • Owner Before Previous Owner: PIERPONT DREW W
  • Owner Before Previous Owner 2: PIERPONT BRITTANY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Widefield School District 3
  • School Tax School District: DDM
  • Census Tract: 004100

Zoning

  • Zoning: RS-5000 CA

Geography

  • Assessors Map Reference: Feb 15, 2066
  • Parcel: 65024-03-020
  • Block: 3
  • Lot: 20
  • Municipality: WIDEFIELD 3
  • Latitude: 38.7677
  • Longitude: -104.744

    Address

  • Full Address: 4525 Borden Dr
  • Address - House Number: 4525
  • Address - Street Name: Borden
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C014
  • 4-Digit Zip Code: 3244
  • Zip Code: 80911

Valuation

    Tax

  • Total Area: 2,074
  • Tax Year: 2022
  • Tax Amount: $1,440
  • Tax Rate Code Area: DDM

    Appraisal Valuation

  • Standard Deviation: 0.1314
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 85
  • Final Value: 387,938
  • High Value: 438,914
  • Low Value: 336,962

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,600
  • First Open Lien Mortgage Lender: SOUTHWEST FUNDING LP
  • First Open Lien Mortgage Recording Date: Sep 10, 2022
  • First Open Lien Mortgage Loan Amount: $337,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $277,489
  • Market Land Value: $40,000
  • Market Improvement Value: $237,489

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,290
  • Assessed Land Value: $2,780
  • Assessed Improvements Value: $16,510

    Sales

  • Current Sale Contract Date: Aug 21, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Transaction ID: 11643350248
  • Current Sale Price: $256,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 219106660
  • Previous Sale Recording Date: Sep 22, 2017
  • Previous Sale Contract Date: Sep 22, 2017
  • Previous Sale Amount: $233,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLORADO HOUSING & FINANCE AUT
  • First Mortgage Transaction Date: Sep 06, 2019
  • First Mortgage Loan Amount: $10,054
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Sep 22, 2017
  • Previous Mortgage Loan Amount: $238,009
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2047

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Frequently Asked Questions

What neighborhood is 4525 Borden Drive located in?
The 4525 Borden Drive is a house located in the neighborhood of Fountain Valley in Fountain Valley, Colorado Springs.
What is the average sales price for listings in 4525 Borden Drive?
The average sales price for units in 4525 Borden Drive is $0 currently.

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