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5125 Farthing Drive

5125 Farthing Drive, Colorado Springs, CO 80906
Property in Broadmoor Bluffs
Sold Sep 23, 2019
$500,000
$475,000 by United Wholesale Mortgage
Mortgage Due Oct 01, 2049
Sold Aug 15, 1991
$170,000
5125 Farthing 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 1986 and is 38 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5125 Farthing Drive has 3,581 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 1,208 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 11,604 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-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 450 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 B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with 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, 5125 Farthing Drive was last sold in Sep 18, 2019 for $500,000. According to our calculations, that's $120.51 per sqft. Prior to that sales transaction, the property was sold for $170,000 in Aug 15, 1991. Current property owners are expected to pay $2,534 in taxes per year. The property on 5125 Farthing Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $37,190. To break that down further, the land itself was valued at $7,850. While improvements to the property were assessed at a total of $29,340. 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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,208
  • Garage Type: Attached
  • Garage Square Area: 450
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 11,604
  • Total Building Area: 4,149
  • Gross Building Area: 4,189
  • Building Area: 3,581
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,581
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEAL RANCH FIL NO 7
  • Land Acres: 0.266
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 1 NEAL RANCH FIL NO 7 COLO SPGS

Ownership

  • Current Owner : LEE SOOK
  • Previous Owner : MADISON EARL L
  • Previous Owner 2: MADISON JULIA E

Neighborhood

  • School District Name: Cheyenne Mountain School District 12
  • School Tax School District: GBD
  • Census Tract: 003305

Zoning

  • Zoning: R1-9 HS

Geography

  • Assessors Map Reference: Jul 15, 2066
  • Parcel: 65072-04-083
  • Lot: 1
  • Municipality: CHEYENNE MOUNTAIN 12
  • Latitude: 38.7611
  • Longitude: -104.827

    Address

  • Full Address: 5125 Farthing Dr
  • Address - House Number: 5125
  • Address - Street Name: Farthing
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C050
  • 4-Digit Zip Code: 5971
  • Zip Code: 80906

Valuation

    Tax

  • Total Area: 3,699
  • Tax Year: 2022
  • Tax Amount: $2,534
  • Tax Rate Code Area: GBD

    Appraisal Valuation

  • Standard Deviation: 0.1172
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 87
  • Final Value: 706,385
  • High Value: 789,203
  • Low Value: 623,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 23, 2019
  • First Open Lien Mortgage Loan Amount: $475,000
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $535,092
  • Market Land Value: $112,900
  • Market Improvement Value: $422,192

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,190
  • Assessed Land Value: $7,850
  • Assessed Improvements Value: $29,340

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Transaction ID: 11647113008
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219115547
  • Previous Sale Recording Date: Aug 15, 1991
  • Previous Sale Contract Date: Aug 15, 1991
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 23, 2019
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About Broadmoor



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Frequently Asked Questions

What neighborhood is 5125 Farthing Drive located in?
The 5125 Farthing Drive is a located in the neighborhood of Broadmoor Bluffs in Broadmoor, Colorado Springs.
What is the average sales price for listings in 5125 Farthing Drive?
The average sales price for units in 5125 Farthing Drive is $0 currently.

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