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5140 Paradox Drive

5140 Paradox Drive, Colorado Springs, CO 80923
Property in Sundown
Sold Apr 25, 2000
$162,000
$166,062 by Countrywide Home Loans Inc
Mortgage Due May 01, 2033
Sold Jun 01, 1999
$153,000
$151,983 by Tricord Financial Group Llc
Mortgage Due Jun 01, 2029
5140 Paradox Drive in Colorado Springs, CO was first built in 1993 and is 31 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. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5140 Paradox Drive has 2,524 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 928 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 4,500 square feet.

Learn more about the property and building on this page. There is a unknown. 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 380 sqft. There is one available parking space. 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 5140 Paradox Drive was last sold in Apr 20, 2000 for $162,000. According to our calculations, that's $54.66 per sqft. Prior to that sales transaction, the property was sold for $153,000 in May 26, 1999. Current property owners are expected to pay $1,395 in taxes per year. The property on 5140 Paradox Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $23,290. To break that down further, the land itself was valued at $4,000. While improvements to the property were assessed at a total of $19,290. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Brick Exterior
Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 928
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 2,964
  • Gross Building Area: 2,964
  • Building Area: 2,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,524
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNDOWN SUB FIL NO 15
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 3 BLK 6 SUNDOWN SUB FIL NO 15 COLO SPGS

Ownership

  • Current Owner : DAVIS JEFFREY S
  • Current Owner 2: DAVIS KELLY A
  • Previous Owner : KEY MICHAEL B
  • Previous Owner 2: KEY DEANNA J
  • Owner Before Previous Owner: HEDENBERG JOHN M
  • Owner Before Previous Owner 2: HEDENBERG MARY J

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBH
  • Census Tract: 004708

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63131-02-013
  • Block: 6
  • Lot: 3
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9221
  • Longitude: -104.727

    Address

  • Full Address: 5140 Paradox Dr
  • Address - House Number: 5140
  • Address - Street Name: Paradox
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C063
  • 4-Digit Zip Code: 7625
  • Zip Code: 80923

Valuation

    Tax

  • Total Area: 2,584
  • Tax Year: 2022
  • Tax Amount: $1,395
  • Tax Rate Code Area: FBH

    Appraisal Valuation

  • Standard Deviation: 0.0643
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 97
  • Final Value: 474,697
  • High Value: 505,230
  • Low Value: 444,164

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,062
  • First Open Lien Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: May 12, 2003
  • First Open Lien Mortgage Loan Amount: $166,062
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2033

    Market Valuation

  • Market Total Value: $335,064
  • Market Land Value: $57,500
  • Market Improvement Value: $277,564

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,290
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $19,290

    Sales

  • Current Sale Contract Date: Apr 20, 2000
  • Current Sale Recording Date: Apr 25, 2000
  • Current Sale Transaction ID: 1052700650
  • Current Sale Price: $162,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200044979
  • Previous Sale Recording Date: Jun 01, 1999
  • Previous Sale Contract Date: May 26, 1999
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION FEDERAL BANK OF INDIANAP
  • First Mortgage Transaction Date: Apr 25, 2000
  • First Mortgage Loan Amount: $165,240
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: TRICORD FINANCIAL GROUP LLC
  • Previous Mortgage Transaction Date: Jun 01, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $151,983
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2029

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Frequently Asked Questions

What neighborhood is 5140 Paradox Drive located in?
The 5140 Paradox Drive is a located in the neighborhood of Sundown in Powers, Colorado Springs.
What is the average sales price for listings in 5140 Paradox Drive?
The average sales price for units in 5140 Paradox Drive is $0 currently.

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