See Home Value
$401,000 - $489,000
House - Off Market

5230 Teardrop Place

Colorado Springs, CO 80917
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2142 Sqft
Sold Feb 20, 2024
$445,000
$374,442 by United Wholesale Mortgage Llc
Mortgage Due Mar 01, 2054
Sold Apr 08, 2021
$392,000
$313,500 by Quicken Loans Llc
Mortgage Due May 01, 2051

About This Property

Be quick to see this amazing home with 4/3/2, updated beautifully w/ NEW flooring, NEW light fixtures, paint, updated master bath, NEW lightswitches and electrical outlets. More features include sod, landscaping and sprinkler systems in the front and backyard, painted doors, painted kitchen cabinets, NEW thermostat and updated humidifier, central air, some NEW windows, a greenhouse, a shed, a TREEHOUSE, NEW fencing, NEWER washer and dryer, NEWER dishwasher, NEWER refrigerator, beautiful natural quartz countertops, updated bathrooms, great lower level for family room or pool room with woodburning fireplace which walks out to the big deck and hot tub for relaxing moments. There is even more room to expand in the unfinished basement currently set up as a workout area. The garage has so much storage and a workshop which will all remain.  A garage service door leads out to the backyard. Seller states that their extended bed pickup fits perfectly in the extended garage. Located on almost a quarter acre of land with mature trees and landscaping, there is so much backyard room for entertaining and fun! RV parking is available on the side of the home. The home is located in Village Seven and is conveniently located near restaurants and shopping. Welcome Home!!

The manager has listed the unit size as 2142 square feet.
Unit Size
2,142Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$208
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1974

Price History

Date / Event Date Event Price
Feb 21, 2024 No longer available -
No longer available
Jan 20, 2024 In contract -
In contract
Jan 17, 2024 Listed $445,000
Listed
Oct 6, 2021 No longer available -
No longer available
Apr 8, 2021 Sold to Collin Gillespie $392,000
Sold to Collin Gillespie
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split 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: 1,008
  • Garage Type: Attached
  • Garage Square Area: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,300
  • Total Building Area: 2,598
  • Gross Building Area: 2,598
  • Building Area: 1,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,632
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE HEIGHTS FIL NO 1
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 26 BLK 1 VILLAGE HEIGHTS FIL NO 1 COLO SPGS

Ownership

  • Current Owner : NEWCOMB RACHEL
  • Current Owner 2: DAVIES BENJAMIN
  • Previous Owner : GILLESPIE COLLIN
  • Owner Before Previous Owner: MULLIGAN MICHAEL R
  • Owner Before Previous Owner 2: TACKSON DAWN A
  • 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: 005602

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63362-10-012
  • Block: 1
  • Lot: 26
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8757
  • Longitude: -104.731

    Address

  • Full Address: 5230 Teardrop Pl
  • Address - House Number: 5230
  • Address - Street Name: Teardrop
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C015
  • 4-Digit Zip Code: 3323
  • Zip Code: 80917

Valuation

    Tax

  • Total Area: 2,142
  • Tax Year: 2022
  • Tax Amount: $1,199
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 87
  • Final Value: 410,733
  • High Value: 458,341
  • Low Value: 363,125

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,442
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 20, 2024
  • First Open Lien Mortgage Loan Amount: $374,442
  • 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, 2054

    Market Valuation

  • Market Total Value: $308,157
  • Market Land Value: $60,000
  • Market Improvement Value: $248,157

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,420
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $17,250

    Sales

  • Current Sale Contract Date: Feb 15, 2024
  • Current Sale Recording Date: Feb 20, 2024
  • Current Sale Transaction ID: 11921328915
  • Current Sale Price: $445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11836
  • Previous Sale Recording Date: Apr 08, 2021
  • Previous Sale Contract Date: Apr 07, 2021
  • Previous Sale Amount: $392,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 20, 2024
  • First Mortgage Loan Amount: $374,442
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS LLC
  • Previous Mortgage Transaction Date: Apr 08, 2021
  • Previous Mortgage Loan Amount: $313,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
2,100 ft²
$221/ft²
$465,000 Oct 12, 2023
-
$97/mo
House
4 Beds
2 Baths
2,142 ft²
$198/ft²
$425,000 Oct 20, 2023
-
$65/mo
House
4 Beds
3 Baths
2,302 ft²
$187/ft²
$430,000 Oct 12, 2023
-
$73/mo
House
5 Beds
3 Baths
2,388 ft²
$188/ft²
$450,000 Sep 30, 2023
-
$72/mo
House
3 Beds
2 Baths
1,672 ft²
$254/ft²
$425,000 Jan 9, 2024
-
$105/mo
House
3 Beds
2 Baths
1,496 ft²
$267/ft²
$400,000 Jan 15, 2024
-
$132/mo
Townhouse
2 Beds
3 Baths
1,821 ft²
$212/ft²
$386,000 Jan 11, 2024
-
$86/mo

About Powers


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Frequently Asked Questions

When was property at 5230 Teardrop Place built and last sold?
The property at 5230 Teardrop Place was built in 1974 and last sold on Feb 15, 2024 for $445,000.
How much is this home worth?
The estimated value of the home located at 5230 Teardrop Place is $445,987.
What are some comparable homes to 5230 Teardrop Place?
There are currently no comparable homes to 5230 Teardrop Place.

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