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5055 Purcell Drive

5055 Purcell Drive, Colorado Springs, CO 80922
Sold Aug 04, 2022
$460,000
$437,000 by Finance Of America Mortgage Ll
Mortgage Due Sep 01, 2052
Sold Nov 07, 2019
$305,000
$289,750 by Quicken Loans Inc
Mortgage Due Dec 01, 2049
5055 Purcell Drive 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 1987 and is 37 years old. However, we must point out that the home was most recently renovated and altered in 1997. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5055 Purcell Drive has 1,788 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 408 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 7,832 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 400 sqft. According to our sources, there are a total of 2 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 C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5055 Purcell Drive was last sold in Aug 3, 2022 for $460,000. According to our calculations, that's $208.33 per sqft. Prior to that sales transaction, the property was sold for $305,000 in Nov 1, 2019. Current property owners are expected to pay $1,330 in taxes per year. The property on 5055 Purcell Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $21,400. To break that down further, the land itself was valued at $4,170. While improvements to the property were assessed at a total of $17,230. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1997
  • 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
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 408
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,832
  • Total Building Area: 2,208
  • Gross Building Area: 2,238
  • Building Area: 1,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,788
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STETSON HILLS SUB
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 10 EX THAT PORT DESC AS FOLS, BEG AT THE SE COR OF LOT 9, TH S 00<3456 W ALG E LN OF LOT 10 5.15 FT, TH N 75<2038 W ALG A LN PARA WITH LOT LN COMMON TO LOTS 9, 10 A DIST OF 126.77 FT TO A PT ON W LN OF LOT 10, TH ALG THE NON-TANGENT ARC OF A CUR

Ownership

  • Current Owner : MYERS BRANDON
  • Current Owner 2: MYERS SARA
  • Previous Owner : MOORE MONIQUE B
  • Owner Before Previous Owner: CARMAX AUTO SUPERSTORES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SCK
  • Census Tract: 005113

Zoning

  • Zoning: R1-6/CR AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 53203-01-036
  • Lot: 10,9
  • Municipality: FALCON 49
  • Latitude: 38.9031
  • Longitude: -104.699

    Address

  • Full Address: 5055 Purcell Dr
  • Address - House Number: 5055
  • Address - Street Name: Purcell
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C031
  • 4-Digit Zip Code: 1648
  • Zip Code: 80922

Valuation

    Tax

  • Total Area: 1,400
  • Tax Year: 2022
  • Tax Amount: $1,330
  • Tax Rate Code Area: SCK

    Appraisal Valuation

  • Standard Deviation: 0.1148
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 87
  • Final Value: 443,588
  • High Value: 494,544
  • Low Value: 392,633

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $437,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Aug 04, 2022
  • First Open Lien Mortgage Loan Amount: $437,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $307,904
  • Market Land Value: $60,000
  • Market Improvement Value: $247,904

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,400
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $17,230

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Transaction ID: 11894166911
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 104278
  • Previous Sale Recording Date: Nov 07, 2019
  • Previous Sale Contract Date: Nov 01, 2019
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Aug 04, 2022
  • First Mortgage Loan Amount: $437,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Nov 07, 2019
  • Previous Mortgage Loan Amount: $289,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2049

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Frequently Asked Questions

What neighborhood is 5055 Purcell Drive located in?
The 5055 Purcell Drive is a house located in the neighborhood of Stetson Hills in Powers, Colorado Springs.
What is the average sales price for listings in 5055 Purcell Drive?
The average sales price for units in 5055 Purcell Drive is $0 currently.

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