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5034 Galena Drive

5034 Galena Drive, Colorado Springs, CO 80918
Sold Aug 23, 2021
$401,500
$394,227 by American Financing Corp
Mortgage Due Sep 01, 2051
Sold Oct 30, 2018
$268,000
$268,000 by The Federal Savings Bank
Mortgage Due Nov 01, 2048
Local assessors in Colorado Springs, CO have categorized 5034 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 7,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 5034 Galena Drive has a total of 1,848 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 466 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a 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. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5034 Galena Drive was last sold in Aug 23, 2021 for $401,500. According to our calculations, that's $173.51 per sqft. Prior to that sales transaction, the property was sold for $268,000 in Oct 29, 2018. Current property owners are expected to pay $1,125 in taxes per year. The property on 5034 Galena Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,110. To break that down further, the land itself was valued at $4,300. While improvements to the property were assessed at a total of $15,810. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Masonite Siding

Parking

Attached Garage
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: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-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: Unspecified basement
  • Basement Area: 1,728
  • Garage Type: Attached
  • Garage Square Area: 466
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 2,314
  • Gross Building Area: 2,314
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VISTA GRANDE WEST FIL NO 2
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 9 BLK 1 VISTA GRANDE WEST FIL NO 2

Ownership

  • Current Owner : SHELTON DEAN
  • Previous Owner : LEWIS RICHARD
  • Previous Owner 2: LEWIS MICHELE
  • Owner Before Previous Owner: BROWNING GONZALEZ SUSAN MARIE
  • Owner Before Previous Owner 2: GONZALEZ HECTOR MANUEL
  • 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: 63222-01-024
  • Block: 1
  • Lot: 9
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9055
  • Longitude: -104.767

    Address

  • Full Address: 5034 Galena Dr
  • Address - House Number: 5034
  • Address - Street Name: Galena
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C027
  • 4-Digit Zip Code: 2256
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 1,848
  • Tax Year: 2022
  • Tax Amount: $1,125
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1218
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 86
  • Final Value: 424,958
  • High Value: 476,742
  • Low Value: 373,175

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $394,227
  • First Open Lien Mortgage Lender: AMERICAN FINANCING CORP
  • First Open Lien Mortgage Recording Date: Aug 23, 2021
  • First Open Lien Mortgage Loan Amount: $394,227
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $289,368
  • Market Land Value: $61,900
  • Market Improvement Value: $227,468

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,110
  • Assessed Land Value: $4,300
  • Assessed Improvements Value: $15,810

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Transaction ID: 11850356107
  • Current Sale Price: $401,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 221159393
  • Previous Sale Recording Date: Oct 30, 2018
  • Previous Sale Contract Date: Oct 29, 2018
  • Previous Sale Amount: $268,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCING CORP
  • First Mortgage Transaction Date: Aug 23, 2021
  • First Mortgage Loan Amount: $394,227
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Oct 30, 2018
  • Previous Mortgage Loan Amount: $268,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2048

About Powers



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Frequently Asked Questions

What neighborhood is 5034 Galena Drive located in?
The 5034 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 5034 Galena Drive?
The average sales price for units in 5034 Galena Drive is $0 currently.

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