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5027 Galena Drive

5027 Galena Drive, Colorado Springs, CO 80918
Sold Nov 26, 2018
$263,000
$258,236 by Quicken Loans Inc
Mortgage Due Dec 01, 2048
Sold Feb 09, 2005
$166,000
$132,800 by Ownit Mortgage Solutions Inc
Mortgage Due Feb 01, 2035
Local assessors in Colorado Springs, CO have categorized 5027 Galena Drive as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 7,300 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5027 Galena Drive has a total of 1,701 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 882 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 294 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5027 Galena Drive was last sold in Nov 26, 2018 for $263,000. According to our calculations, that's $127.79 per sqft. Prior to that sales transaction, the property was sold for $166,000 in Feb 4, 2005. Current property owners are expected to pay $1,043 in taxes per year. The property on 5027 Galena Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $18,640. To break that down further, the land itself was valued at $4,300. While improvements to the property were assessed at a total of $14,340. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 882
  • Garage Type: Attached
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,300
  • Total Building Area: 2,058
  • Gross Building Area: 2,086
  • Building Area: 1,701
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,701
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VISTA GRANDE WEST FIL NO 2
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 7 BLK 2 VISTA GRANDE WEST FIL NO 2

Ownership

  • Current Owner : MAREZ CELINA
  • Current Owner 2: MAREZ FRANCES
  • Previous Owner : MONTOYA ELIAS C
  • Owner Before Previous Owner: KNAPP KENNETH E
  • Owner Before Previous Owner 2: KNAPP NANCY LOU
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 004800

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63222-12-002
  • Block: 2
  • Lot: 7
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9055
  • Longitude: -104.767

    Address

  • Full Address: 5027 Galena Dr
  • Address - House Number: 5027
  • Address - Street Name: Galena
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C027
  • 4-Digit Zip Code: 2255
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 1,764
  • Tax Year: 2022
  • Tax Amount: $1,043
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1218
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 86
  • Final Value: 406,482
  • High Value: 456,014
  • Low Value: 356,949

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,236
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 26, 2018
  • First Open Lien Mortgage Loan Amount: $258,236
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2048

    Market Valuation

  • Market Total Value: $268,299
  • Market Land Value: $61,900
  • Market Improvement Value: $206,399

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,640
  • Assessed Land Value: $4,300
  • Assessed Improvements Value: $14,340

    Sales

  • Current Sale Contract Date: Nov 26, 2018
  • Current Sale Recording Date: Nov 26, 2018
  • Current Sale Transaction ID: 11534272423
  • Current Sale Price: $263,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218135925
  • Previous Sale Recording Date: Feb 09, 2005
  • Previous Sale Contract Date: Feb 04, 2005
  • Previous Sale Amount: $166,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Nov 26, 2018
  • First Mortgage Loan Amount: $258,236
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: OWNIT MORTGAGE SOLUTIONS INC
  • Previous Mortgage Transaction Date: Feb 09, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $132,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Powers



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Frequently Asked Questions

What neighborhood is 5027 Galena Drive located in?
The 5027 Galena Drive is a house located in the neighborhood of Vista Grande in Powers, Colorado Springs.
What is the average sales price for listings in 5027 Galena Drive?
The average sales price for units in 5027 Galena Drive is $0 currently.

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