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5253 Ferrari Drive

5253 Ferrari Drive, Colorado Springs, CO 80922
Property in Stetson Hills
Sold Nov 16, 2006
$255,000
Sold Nov 08, 2006
$220,725
5253 Ferrari 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 2006 and is 18 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5253 Ferrari Drive has 1,601 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,354 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 504 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 C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 5253 Ferrari Drive was last sold in Nov 13, 2006 for $255,000. According to our calculations, that's $82.21 per sqft. Prior to that sales transaction, the property was sold for $220,725 in Nov 3, 2006. Current property owners are expected to pay $1,449 in taxes per year. The property on 5253 Ferrari Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $23,310. To break that down further, the land itself was valued at $4,170. While improvements to the property were assessed at a total of $19,140. 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.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • 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: Unspecified basement
  • Basement Area: 997
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,354
  • Total Building Area: 3,102
  • Gross Building Area: 3,168
  • Building Area: 1,601
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,601
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STETSON HILLS SUB FIL 34
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 47 STETSON HILLS SUB FIL 34

Ownership

  • Current Owner : MA JASON
  • Previous Owner : THE BURHANUDIN REVOCABLE LIVING TRUST
  • Owner Before Previous Owner: LENNAR COLORADO LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Falcon School District 49
  • School Tax School District: SCK
  • Census Tract: 005113

Zoning

  • Zoning: R1-6 DF AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 53191-06-113
  • Lot: 47
  • Municipality: FALCON 49
  • Latitude: 38.9085
  • Longitude: -104.709

    Address

  • Full Address: 5253 Ferrari Dr
  • Address - House Number: 5253
  • Address - Street Name: Ferrari
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C032
  • 4-Digit Zip Code: 4503
  • Zip Code: 80922

Valuation

    Tax

  • Total Area: 2,598
  • Tax Year: 2022
  • Tax Amount: $1,449
  • Tax Rate Code Area: SCK

    Appraisal Valuation

  • Standard Deviation: 0.0649
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 96
  • Final Value: 425,207
  • High Value: 452,842
  • Low Value: 397,573

    Market Valuation

  • Market Total Value: $335,461
  • Market Land Value: $60,000
  • Market Improvement Value: $275,461

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,310
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $19,140

    Sales

  • Current Sale Contract Date: Nov 13, 2006
  • Current Sale Recording Date: Nov 16, 2006
  • Current Sale Transaction ID: 1062066365
  • Current Sale Price: $255,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 206168370
  • Previous Sale Recording Date: Nov 08, 2006
  • Previous Sale Contract Date: Nov 03, 2006
  • Previous Sale Amount: $220,725
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 16, 2006
  • First Mortgage Loan Amount: $204,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Dec 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Powers



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Frequently Asked Questions

What neighborhood is 5253 Ferrari Drive located in?
The 5253 Ferrari Drive is a located in the neighborhood of Stetson Hills in Powers, Colorado Springs.
What is the average sales price for listings in 5253 Ferrari Drive?
The average sales price for units in 5253 Ferrari Drive is $0 currently.

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