Check Availability
$699,000
House - For Sale

5 Austin Lane

Colorado Springs, CO 80909
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3386 Sqft
$3,600
Estimated Monthly
$0
HOA / Fees
4.35%
Cap Rate

About This Property

Welcome to your stunning retreat in the heart of Colorado Springs! Presenting a meticulously updated home offering amazing views of the city, Cheyenne Mountains, and iconic Pikes Peak.

Nestled on nearly one acre of land, this property is a true oasis, providing both privacy and tranquility while being conveniently located near Palmer Park.

As you enter you'll be greeted by a bright and airy living space, featuring modern finishes and stylish touches throughout. The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating the perfect space for entertaining guests or enjoying quiet evenings at home.

The gourmet kitchen is a chef's dream, equipped with top-of-the-line appliances, large peninsula, and ample cabinet space for all your culinary needs.

You'll find spacious bedrooms offering comfortable retreats, each boasting stunning views of the surrounding landscape along with tons of storage.

Outside, the expansive yard offers endless opportunities for outdoor enjoyment, whether you're soaking in the sunshine on the patio or exploring the natural beauty of Palmer Park.

Located in a highly desirable area, this home offers easy access to shopping, dining, and entertainment options, as well as a variety of outdoor activities, including hiking, biking, and more.

Don't miss your chance to own this exquisite home with million-dollar views! Schedule a showing for 5 Austin Lane today and experience the best of Colorado living.
Unit Size
3,386Ft²
Days on Market
12 days
Land Size
0.99 acres
Price per sqft
$206
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1956
Listed By
Nicholas Quenzer
Compass-Denver
Last updated: 13 days ago (REcolorado MLS #REC2071902)

Price History

Date / Event Date Event Price
Apr 24, 2024 Listed by Compass - Denver $699,000
Listed by Compass - Denver
Sep 1, 2021 Sold to Henry Straw, Kathryn Burns $569,000
Sold to Henry Straw, Kathryn Burns
Jul 30, 2021 No longer available -
No longer available
Jul 23, 2021 Listed by Compass - Denver $558,000
Listed by Compass - Denver
Apr 13, 2018 Sold to Daniel R Bennett, Jennifer ... $420,000
Sold to Daniel R Bennett, Jennifer ...

Property Highlights

Garage
Air Conditioning
Fireplace
With View
Parking Details
Total Number of Parking: 2
Attached Garage
Parking Features: Concrete, Oversized, Storage
Garage Spaces: 2
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 2

Interior Information

Interior Features: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Open Floorplan, Pantry, Primary Suite
Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Wine Cooler
Flooring Type: Carpet, Laminate, Tile, Wood

Fireplace Information

Fireplace Features: Bedroom, Family Room, Gas
Fireplaces: 2

Basement Information

Basement: Daylight, Full, Walk-Out Access

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,352
  • Garage Square Area: 754
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 43,299
  • Total Building Area: 4,212
  • Gross Building Area: 4,212
  • Building Area: 3,386
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,386
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: RED TOP RESUB
  • Land Acres: 0.994
  • Legal Description 1: PART BLK Y RED TOP RESUB AS FOLS, BEG AT PT WHICH BEARS S 71<30 E 148.2 FT FROM PT ON WLY LN 449.22 FT S OF NWLY COR OF BLK Y, RUN S 18<30 W 236.55 FT, S 71<30 E 153.62 FT, N 28<36 E 239.98 FT, TH N 71<30 W 194.1 FT TO POB

Ownership

  • Current Owner : BURNS KATHRYN
  • Current Owner 2: STRAW HENRY
  • Previous Owner : BENNETT DANIEL R
  • Previous Owner 2: BENNETT JENNIFER N
  • Owner Before Previous Owner: HAYDEN JAMES R
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBC
  • Census Tract: 000104

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63343-00-035
  • Block: Y
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8687
  • Longitude: -104.768

    Address

  • Full Address: 5 Austin Ln
  • Address - House Number: 5
  • Address - Street Name: Austin
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C019
  • 4-Digit Zip Code: 1300
  • Zip Code: 80909

Valuation

    Tax

  • Total Area: 3,458
  • Tax Year: 2022
  • Tax Amount: $2,004
  • Tax Rate Code Area: FBC

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 86
  • Final Value: 657,316
  • High Value: 739,797
  • Low Value: 574,834

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,550
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Sep 01, 2021
  • First Open Lien Mortgage Loan Amount: $540,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $515,361
  • Market Land Value: $66,000
  • Market Improvement Value: $449,361

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,820
  • Assessed Land Value: $4,590
  • Assessed Improvements Value: $31,230

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11853827845
  • Current Sale Price: $569,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 221166140
  • Previous Sale Recording Date: Apr 13, 2018
  • Previous Sale Contract Date: Apr 12, 2018
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $540,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES NATIONAL BANK
  • Previous Mortgage Transaction Date: Apr 13, 2018
  • Previous Mortgage Loan Amount: $336,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: May 01, 2048

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,793 ft²
$215/ft²
$600,000 Apr 26, 2023
$600,000 May 23, 2023
$138/mo
House
4 Beds
3 Baths
2,690 ft²
$227/ft²
$610,000 Jun 28, 2023
$610,000 Sep 27, 2023
$110/mo
House
4 Beds
3 Baths
2,775 ft²
$216/ft²
$599,000 Mar 21, 2024
-
$107/mo

About East Colorado Springs


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Frequently Asked Questions

When was property at 5 Austin Lane built and last sold?
The property at 5 Austin Lane was built in 1956 and last sold on Aug 31, 2021 for $569,000.
How much is this home worth?
The estimated value of the home located at 5 Austin Lane is $695,437.
What are some comparable homes to 5 Austin Lane?
Homes that are comparable to 5 Austin Lane include a house property at 2436 San Carlos Circle, 2842 Marilyn Road, 3229 Austin Drive.

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