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4985 Rainbow Gulch Trail

4985 Rainbow Gulch Trail, Colorado Springs, CO 80924
House in Wolf Ranch
Sold Oct 25, 2019
$685,000
$553,000 by Ent Cu
Mortgage Due May 01, 2040
Sold Aug 01, 2011
$608,722
$370,000 by 360 Mortgage Group Llc
Mortgage Due Sep 01, 2041
Nearby Listings
The property has no active listings. Please see other similar options below.
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Unit for sale at 10167 Lake Arbor Lane, Colorado Springs, CO 80924

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Unit for sale at 4842 Sand Canyon Trail, Colorado Springs, CO 80924

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4842 Sand Canyon Trail, Colorado Springs, CO 80924 Listing by Rhonda J McDonald

4985 Rainbow Gulch Trail 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 2011 and is 13 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 4985 Rainbow Gulch Trail has 3,950 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 2,097 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 10,535 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 801 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a covered 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 B 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 stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Oct 23, 2019 for $685,000. That's $136.97 per sqft. Prior to that sales transaction, the property was also sold in Aug 1, 2011 for $608,722. 4985 Rainbow Gulch Trail was last assessed in 2022. The total value of the property was assessed at $47,070. Specifically, the land the property is located on was valued at $9,600. While improvements on the property were assessed at a total of $37,470. 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 $3,114. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • 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: 2,097
  • Garage Type: Attached
  • Garage Square Area: 801
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 10,535
  • Total Building Area: 5,001
  • Gross Building Area: 5,188
  • Building Area: 3,950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORDERA FIL NO 2B
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 49 CORDERA FIL NO 2B

Ownership

  • Current Owner : MATHENY GEORGE J
  • Current Owner 2: MATHENY MICHELLE N
  • Previous Owner : DOYON PIERRE J
  • Previous Owner 2: DOYON PAMELA L
  • Owner Before Previous Owner: SADDLETREE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JFX
  • Census Tract: 007105

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 62253-09-012
  • Lot: 49
  • Municipality: ACADEMY 20
  • Latitude: 38.9755
  • Longitude: -104.734

    Address

  • Full Address: 4985 Rainbow Gulch Trl
  • Address - House Number: 4985
  • Address - Street Name: Rainbow Gulch
  • Address - Suffix Type: Trl
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R110
  • 4-Digit Zip Code: 1215
  • Zip Code: 80924

Valuation

    Tax

  • Total Area: 4,200
  • Tax Year: 2022
  • Tax Amount: $3,114
  • Tax Rate Code Area: JFX

    Appraisal Valuation

  • Standard Deviation: 0.117
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 87
  • Final Value: 886,015
  • High Value: 989,747
  • Low Value: 782,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $553,000
  • First Open Lien Mortgage Lender: ENT CU
  • First Open Lien Mortgage Recording Date: Apr 30, 2020
  • First Open Lien Mortgage Loan Amount: $553,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2040

    Market Valuation

  • Market Total Value: $677,338
  • Market Land Value: $138,200
  • Market Improvement Value: $539,138

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,070
  • Assessed Land Value: $9,600
  • Assessed Improvements Value: $37,470

    Sales

  • Current Sale Contract Date: Oct 23, 2019
  • Current Sale Recording Date: Oct 25, 2019
  • Current Sale Transaction ID: 11664572472
  • Current Sale Price: $685,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219133470
  • Previous Sale Recording Date: Aug 01, 2011
  • Previous Sale Contract Date: Aug 01, 2011
  • Previous Sale Amount: $608,722
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENT CU
  • First Mortgage Transaction Date: Oct 25, 2019
  • First Mortgage Loan Amount: $616,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: 360 MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Aug 01, 2011
  • Previous Mortgage Loan Amount: $370,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2041

About Powers



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Frequently Asked Questions

What neighborhood is 4985 Rainbow Gulch Trail located in?
The 4985 Rainbow Gulch Trail is a house located in the neighborhood of Wolf Ranch in Powers, Colorado Springs.
What is the average sales price for listings in 4985 Rainbow Gulch Trail?
The average sales price for units in 4985 Rainbow Gulch Trail is $0 currently.

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