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5235 Bancroft Heights

5235 Bancroft Heights, Colorado Springs, CO 80906
Property in Broadmoor Bluffs
Sold Dec 18, 2012
$425,000
$417,000 by Nova Financial & Investment Co
Mortgage Due Jan 01, 2043
Sold Oct 02, 2008
$429,000
$340,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2038
5235 Bancroft Heights 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 1998 and is 26 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5235 Bancroft Heights has 3,393 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 1,884 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 8,689 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 495 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. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. 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 building has a gable or hip style roof made of concrete. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central 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. 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, 5235 Bancroft Heights sold most recently in Dec 14, 2012 for a total of $425,000. If you work out the math, that's approximately a cost of $98.77 per sqft. Before that, the property was also sold for $429,000 in Sep 30, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,724 in taxes each year. 5235 Bancroft Heights was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $39,980. If we break it down further, the land itself was valued at $6,870. Improvements to the property, however, were assessed at a total of $33,110. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,884
  • Garage Type: Attached
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 8,689
  • Total Building Area: 4,303
  • Gross Building Area: 4,496
  • Building Area: 3,393
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,393
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE POINTE AT CHEYENNE MOUNTAIN RANCH
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 9 THE POINT AT CHEYENNE MOUNTAIN RANCH TOG W/ THAT PORTION LOT 8 OF SD SUB DESC AS FOLS, BEG AT THE SW COR LOT 8, N 01<3737 E ALG WLY BDRY LN OF SD LOT 8 113.40 FT TO THE NW COR, TH ELY ALG NLY BDRY LOT 8 & ALG ARC OF CUR TO THE L HAVING A RAD OF

Ownership

  • Current Owner : GOPALAPILLAI NARAYANAN NAIR
  • Current Owner 2: NAIR KALPANA NARAYANAN
  • Previous Owner : MARTIN OLIVER H
  • Previous Owner 2: MARTIN PATRICIA A
  • Owner Before Previous Owner: MARTIN ANDREW L
  • Owner Before Previous Owner 2: MARTIN LAUREN E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Cheyenne Mountain School District 12
  • School Tax School District: GBD
  • Census Tract: 003306

Zoning

  • Zoning: PUD HS

Geography

  • Assessors Map Reference: Jul 15, 2066
  • Parcel: 65073-06-051
  • Lot: 9,8
  • Municipality: CHEYENNE MOUNTAIN 12
  • Latitude: 38.756
  • Longitude: -104.827

    Address

  • Full Address: 5235 Bancroft Hts
  • Address - House Number: 5235
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Hts
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C050
  • 4-Digit Zip Code: 8240
  • Zip Code: 80906

Valuation

    Tax

  • Total Area: 3,808
  • Tax Year: 2022
  • Tax Amount: $2,724
  • Tax Rate Code Area: GBD

    Appraisal Valuation

  • Standard Deviation: 0.1258
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 86
  • Final Value: 793,783
  • High Value: 893,665
  • Low Value: 693,901

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $743,900
  • First Open Lien Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Open Lien Mortgage Recording Date: Dec 18, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Jan 01, 2043
  • Second Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • Second Open Lien Mortgage Recording Date: May 15, 2020
  • Second Open Lien Mortgage Loan Amount: $326,900
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2035

    Market Valuation

  • Market Total Value: $575,223
  • Market Land Value: $98,800
  • Market Improvement Value: $476,423

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,980
  • Assessed Land Value: $6,870
  • Assessed Improvements Value: $33,110

    Sales

  • Current Sale Contract Date: Dec 14, 2012
  • Current Sale Recording Date: Dec 18, 2012
  • Current Sale Transaction ID: 1105621687
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 212151376
  • Previous Sale Recording Date: Oct 02, 2008
  • Previous Sale Contract Date: Sep 30, 2008
  • Previous Sale Amount: $429,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Mortgage Transaction Date: Dec 18, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 02, 2008
  • Previous Mortgage Loan Amount: $340,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About Broadmoor



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Frequently Asked Questions

What neighborhood is 5235 Bancroft Heights located in?
The 5235 Bancroft Heights is a located in the neighborhood of Broadmoor Bluffs in Broadmoor, Colorado Springs.
What is the average sales price for listings in 5235 Bancroft Heights?
The average sales price for units in 5235 Bancroft Heights is $0 currently.

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