See Home Value
$345,000
House - Off Market

5240 Solar Ridge Drive

Colorado Springs, CO 80917
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1282 Sqft
$327,520
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Location! Location! Location! Check out this recently updated 3 bedroom 2 bath home with an attached 1 car garage! This home has recently received new flooring throughout, a new refrigerator, updated bathroom vanities, newer roof and water heater, and more you must see for yourself. This home is located off the Powers corridor, close to shopping, schools, transportation and more. The front faces south west and allows for breathtaking views of Pikes Peak and our colorful Colorado mountain range. The front extends a front patio that wraps around to the back yard. There is NO HOA so you can add a fence and create a backyard oasis with fabulous views. Upon entering the home you are greeted with vaulted ceilings, new flooring and built-in storage areas. The living room wraps to the dining and kitchen area. There are 2 main level bedrooms, and a full bath. The upstairs extends an oversized laundry room with attic access and plenty of storage space and master bedroom with adjoining master bath and walk in closet. This gem won't last long! Call today to reserve your private showing!
Unit Size
1,282Ft²
Days on Market
21 days
Land Size
0.08 acres
Price per sqft
$254
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1986
Last updated: 12 days ago (REcolorado MLS #REC7014019)

Price History

Date / Event Date Event Price
Jun 5, 2023 Sold to Arne Cvek, Stefani Tieves $345,000
Sold to Arne Cvek, Stefani Tieves
May 5, 2023 Listed by Keller Williams Partners Realty $325,000
Listed by Keller Williams Partners Realty

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 552
  • Garage Square Area: 195
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,673
  • Total Building Area: 1,477
  • Gross Building Area: 1,477
  • Building Area: 1,282
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,282
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SOLAR RIDGE SUB FIL NO 2
  • Land Acres: 0.084
  • Legal Description 1: LOT 10 BLK 2 SOLAR RIDGE SUB FIL NO 2 COLO SPGS

Ownership

  • Current Owner : TIEVES STEFANI
  • Current Owner 2: CVEK ARNE
  • Previous Owner : MENKE MICHAEL K
  • Owner Before Previous Owner: ENGLE MICHELLE A
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 005501

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63252-18-019
  • Block: 2
  • Lot: 10
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8962
  • Longitude: -104.729

    Address

  • Full Address: 5240 Solar Ridge Dr
  • Address - House Number: 5240
  • Address - Street Name: Solar Ridge
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C009
  • 4-Digit Zip Code: 1368
  • Zip Code: 80917

Valuation

    Tax

  • Total Area: 1,282
  • Tax Year: 2022
  • Tax Amount: $919
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1162
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 87
  • Final Value: 353,438
  • High Value: 394,542
  • Low Value: 312,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 05, 2023
  • First Open Lien Mortgage Loan Amount: $306,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $236,245
  • Market Land Value: $36,000
  • Market Improvement Value: $200,245

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,420
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $13,920

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: Jun 05, 2023
  • Current Sale Transaction ID: 11907480898
  • Current Sale Price: $345,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 47049
  • Previous Sale Recording Date: Jul 07, 2006
  • Previous Sale Contract Date: Jun 29, 2006
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 05, 2023
  • First Mortgage Loan Amount: $306,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Jul 07, 2006
  • Previous Mortgage Loan Amount: $28,400
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jul 01, 2021



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,264 ft²
$281/ft²
$355,000 Nov 10, 2023
$355,000 Feb 9, 2024
$82/mo
House
3 Beds
2 Baths
1,420 ft²
$271/ft²
$385,000 Jan 10, 2024
$385,000 Mar 1, 2024
$129/mo
Townhouse
3 Beds
2 Baths
1,253 ft²
$231/ft²
$290,000 Feb 22, 2023
$290,000 Apr 27, 2023
$256/mo
Townhouse
3 Beds
2 Baths
1,522 ft²
$210/ft²
$320,000 Aug 24, 2023
$320,000 Sep 29, 2023
$296/mo
Townhouse
3 Beds
2 Baths
1,445 ft²
$206/ft²
$297,000 Mar 21, 2024
$297,000 Apr 12, 2024
$272/mo
Multifamily
3 Beds
3 Baths
1,372 ft²
$277/ft²
$380,000 Jun 2, 2023
$380,000 Jul 12, 2023
$342/mo
House
3 Beds
2 Baths
1,521 ft²
$240/ft²
$364,900 Mar 24, 2024
-
$89/mo
House
3 Beds
2 Baths
1,063 ft²
$353/ft²
$375,000 Mar 4, 2024
-
$81/mo
House
2 Beds
2 Baths
1,590 ft²
$214/ft²
$340,000 Jan 27, 2024
-
$272/mo
In Contract
Townhouse
3 Beds
3 Baths
1,542 ft²
$214/ft²
$330,000 Apr 3, 2024
-
$66/mo
Townhouse
2 Beds
2 Baths
1,170 ft²
$265/ft²
$310,000 Apr 18, 2024
-
$69/mo
Townhouse
2 Beds
2 Baths
1,196 ft²
$248/ft²
$297,000 Mar 7, 2024
-
$67/mo

About Powers


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Frequently Asked Questions

When was property at 5240 Solar Ridge Drive built and last sold?
The property at 5240 Solar Ridge Drive was built in 1986 and last sold on May 26, 2023 for $345,000.
How much is this home worth?
The estimated value of the home located at 5240 Solar Ridge Drive is $328,819.
What are some comparable homes to 5240 Solar Ridge Drive?
There are currently no comparable homes to 5240 Solar Ridge Drive.

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