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5120 Crestwood Drive

5120 Crestwood Drive, Colorado Springs, CO 80918
Sold Feb 21, 2020
$295,500
$290,147 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2050
Sold Jul 22, 2016
$213,000
$191,700 by Peoples National Bank
Mortgage Due Aug 01, 2046
5120 Crestwood Drive in Colorado Springs, CO was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5120 Crestwood Drive has 1,848 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,740 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 7,260 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 466 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5120 Crestwood Drive sold most recently in Feb 21, 2020 for a total of $295,500. If you work out the math, that's approximately a cost of $127.70 per sqft. Before that, the property was also sold for $213,000 in Jul 22, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,119 in taxes each year. 5120 Crestwood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,000. If we break it down further, the land itself was valued at $4,300. Improvements to the property, however, were assessed at a total of $15,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: Partial basement
  • Basement Area: 1,740
  • Garage Type: Attached
  • Garage Square Area: 466
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,260
  • Total Building Area: 2,314
  • Gross Building Area: 2,494
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • 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 3
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 3 BLK 3 VISTA GRANDE WEST FIL NO 3

Ownership

  • Current Owner : WAITE NICHOLAS R
  • Current Owner 2: WAITE LISA M
  • Previous Owner : DECK STEPHEN J
  • Previous Owner 2: DECK REGINA L
  • Owner Before Previous Owner: DOWNEY JASON M
  • Owner Before Previous Owner 2: DOWNEY CHRISTINE D
  • 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: 63221-08-008
  • Block: 3
  • Lot: 3
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9054
  • Longitude: -104.766

    Address

  • Full Address: 5120 Crestwood Dr
  • Address - House Number: 5120
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C027
  • 4-Digit Zip Code: 2206
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 1,848
  • Tax Year: 2022
  • Tax Amount: $1,119
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1306
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 85
  • Final Value: 420,673
  • High Value: 475,624
  • Low Value: 365,722

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $322,687
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 21, 2020
  • First Open Lien Mortgage Loan Amount: $290,147
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Apr 28, 2022
  • Second Open Lien Mortgage Loan Amount: $32,540
  • Second Open Lien Mortgage Term: 334
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $287,841
  • Market Land Value: $61,900
  • Market Improvement Value: $225,941

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,000
  • Assessed Land Value: $4,300
  • Assessed Improvements Value: $15,700

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Transaction ID: 11736902265
  • Current Sale Price: $295,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220025177
  • Previous Sale Recording Date: Jul 22, 2016
  • Previous Sale Contract Date: Jul 22, 2016
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Feb 21, 2020
  • First Mortgage Loan Amount: $290,147
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES NATIONAL BANK
  • Previous Mortgage Transaction Date: Jul 22, 2016
  • Previous Mortgage Loan Amount: $191,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

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Frequently Asked Questions

What neighborhood is 5120 Crestwood Drive located in?
The 5120 Crestwood Drive is a house located in the neighborhood of Vista Grande in Powers, Colorado Springs.
What is the average sales price for listings in 5120 Crestwood Drive?
The average sales price for units in 5120 Crestwood Drive is $0 currently.

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