See Home Value
$415,256*
House - Off Market

5031 Palmer Park Boulevard

Colorado Springs, CO 80915
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1669 Sqft
$257,000 - $313,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model
Sold Jun 16, 2020
$317,500
$329,670 by Advance Mortgage & Investment
Mortgage Due Dec 01, 2051
Sold Feb 07, 2020
$267,500
$231,000 by Boomerang Finance Sub Reit Llc
Mortgage Due Sep 01, 2020

About This Property

Home is being sold as is and no repairs will be made by the seller. The home has had only one owner.  Owner has passed away and the home is being sold as a part of a living trust.  Personal Items will be moved from garage and back patio prior to closing.  Items on the back patio are negotiable, as well as items in the shed.  Great home close to shopping, military bases, and schools.

The manager has listed the unit size as 1669 square feet.
Unit Size
1,669Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$171
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1968

Price History

Date / Event Date Event Price
Jun 16, 2020 Sold to Michaela Grosh, Vladimir Grosh $317,500
Sold to Michaela Grosh, Vladimir Grosh
Jan 22, 2020 No longer available -
No longer available
Jan 8, 2020 Listed $285,000
Listed

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 623
  • Garage Type: Attached
  • Garage Square Area: 345
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,270
  • Total Building Area: 2,348
  • Gross Building Area: 2,378
  • Building Area: 1,954
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,954
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUSTIC HILLS SUB 5
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 8 BLK 2 RUSTIC HILLS SUB 5 COLO SPGS

Ownership

  • Current Owner : GROSH VLADIMIR
  • Current Owner 2: GROSH MICHAELA
  • Previous Owner : DIAMANT ENTERPRISES LLC
  • Owner Before Previous Owner: LINDVA TROY
  • Owner Before Previous Owner 2: MCKEE REV INTERVIVOS ROBERT V
  • 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: 006000

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: Dec 14, 2066
  • Parcel: 64122-04-008
  • Block: 2
  • Lot: 8
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8539
  • Longitude: -104.734

    Address

  • Full Address: 5031 Palmer Park Blvd
  • Address - House Number: 5031
  • Address - Street Name: Palmer Park
  • Address - Suffix Type: Blvd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C004
  • 4-Digit Zip Code: 2121
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 2,003
  • Tax Year: 2022
  • Tax Amount: $1,048
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1268
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 85
  • Final Value: 407,760
  • High Value: 459,493
  • Low Value: 356,027

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $371,670
  • First Open Lien Mortgage Lender: ADVANCE MORTGAGE & INVESTMENT
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $329,670
  • 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, 2051
  • Second Open Lien Mortgage Lender: COLORADO CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jul 10, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $21,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 15, 2048
  • Third Open Lien Mortgage Lender: COLORADO CREDIT UNION
  • Third Open Lien Mortgage Recording Date: Jul 10, 2023
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $21,000
  • Third Open Lien Mortgage Term: 299
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Jul 15, 2048

    Market Valuation

  • Market Total Value: $269,345
  • Market Land Value: $48,000
  • Market Improvement Value: $221,345

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,720
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $15,380

    Sales

  • Current Sale Contract Date: Jun 04, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11767805057
  • Current Sale Price: $317,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220083533
  • Previous Sale Recording Date: Feb 07, 2020
  • Previous Sale Contract Date: Feb 03, 2020
  • Previous Sale Amount: $267,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL LENDING CORP
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $311,748
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BOOMERANG FINANCE SUB REIT LLC
  • Previous Mortgage Transaction Date: Feb 07, 2020
  • Previous Mortgage Loan Amount: $231,000
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2020



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Powers


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Frequently Asked Questions

When was property at 5031 Palmer Park Boulevard built and last sold?
The property at 5031 Palmer Park Boulevard was built in 1968 and last sold on Jun 4, 2020 for $317,500.
How much is this home worth?
The estimated value of the home located at 5031 Palmer Park Boulevard is $291,361.
What are some comparable homes to 5031 Palmer Park Boulevard?
There are currently no comparable homes to 5031 Palmer Park Boulevard.

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