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5116 Rainbow Harbour Circle

5116 Rainbow Harbour Circle, Colorado Springs, CO 80917
Property in Village Seven
Sold Jun 16, 2020
$203,000
$199,323 by Broker Solutions Inc
Mortgage Due Jul 01, 2050
Sold Dec 02, 2014
$136,700
$129,865 by Heritagebank Of The South
Mortgage Due Dec 01, 2044
Local assessors in Colorado Springs, CO have categorized 5116 Rainbow Harbour Circle as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 1,369 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5116 Rainbow Harbour Circle has a total of 1,205 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 240 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 a unknown so you'll have a great option in the 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 roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. 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, 5116 Rainbow Harbour Circle was last sold in Jun 10, 2020 for $203,000. According to our calculations, that's $140.48 per sqft. Prior to that sales transaction, the property was sold for $136,700 in Nov 19, 2014. Current property owners are expected to pay $758 in taxes per year. The property on 5116 Rainbow Harbour Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $13,540. To break that down further, the land itself was valued at $2,640. While improvements to the property were assessed at a total of $10,900. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,369
  • Total Building Area: 1,445
  • Gross Building Area: 1,445
  • Building Area: 1,205
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,205
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAINBOW HARBOUR SUB
  • Land Acres: 0.031
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 12 RAINBOW HARBOUR SUB COLO SPGS

Ownership

  • Current Owner : VELASQUEZ ADOLFO FELIPE
  • Previous Owner : BARLOW JOSHUA R
  • Owner Before Previous Owner: BOHANON LUKE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 005601

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63252-01-064
  • Lot: 12
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8955
  • Longitude: -104.732

    Address

  • Full Address: 5116 Rainbow Harbour Cir
  • Address - House Number: 5116
  • Address - Street Name: Rainbow Harbour
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C018
  • 4-Digit Zip Code: 1860
  • Zip Code: 80917

Valuation

    Tax

  • Total Area: 1,205
  • Tax Year: 2022
  • Tax Amount: $758
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1308
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 85
  • Final Value: 284,717
  • High Value: 321,972
  • Low Value: 247,463

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $298,495
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jun 16, 2020
  • First Open Lien Mortgage Loan Amount: $199,323
  • 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: Jul 01, 2050
  • Second Open Lien Mortgage Lender: COLORADO HOUSING & FINANCE AUT
  • Second Open Lien Mortgage Recording Date: Jun 16, 2020
  • Second Open Lien Mortgage Loan Amount: $7,972
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2050
  • Third Open Lien Mortgage Lender: SECURITY SERVICE FEDERAL CREDI
  • Third Open Lien Mortgage Recording Date: Apr 25, 2022
  • Third Open Lien Mortgage Loan Amount: $37,200
  • Third Open Lien Mortgage Term: 120
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: May 01, 2032
  • Fourth Open Lien Mortgage Lender: SECURITY SERVICE FCU
  • Fourth Open Lien Mortgage Recording Date: Feb 26, 2024
  • Fourth Open Lien Mortgage Loan Amount: $54,000
  • Fourth Open Lien Mortgage Term: 180
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: New Conventional
  • Fourth Open Lien Mortgage Loan Due Date: Mar 01, 2039

    Market Valuation

  • Market Total Value: $194,817
  • Market Land Value: $38,000
  • Market Improvement Value: $156,817

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,540
  • Assessed Land Value: $2,640
  • Assessed Improvements Value: $10,900

    Sales

  • Current Sale Contract Date: Jun 10, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11767805039
  • Current Sale Price: $203,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220083543
  • Previous Sale Recording Date: Dec 02, 2014
  • Previous Sale Contract Date: Nov 19, 2014
  • Previous Sale Amount: $136,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $199,323
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HERITAGEBANK OF THE SOUTH
  • Previous Mortgage Transaction Date: Dec 02, 2014
  • Previous Mortgage Loan Amount: $129,865
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2044

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Frequently Asked Questions

What neighborhood is 5116 Rainbow Harbour Circle located in?
The 5116 Rainbow Harbour Circle is a located in the neighborhood of Village Seven in Powers, Colorado Springs.
What is the average sales price for listings in 5116 Rainbow Harbour Circle?
The average sales price for units in 5116 Rainbow Harbour Circle is $0 currently.

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