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5254 Fraser Valley Lane

5254 Fraser Valley Lane, Colorado Springs, CO 80924
House in Wolf Ranch
Sold Jul 07, 2020
$750,000
$600,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2050
Sold Apr 16, 2014
$632,735
$506,188 by Us Bank Na
Mortgage Due May 01, 2044
Local assessors in Colorado Springs, CO have categorized 5254 Fraser Valley Lane as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 14,573 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5254 Fraser Valley Lane has a total of 4,535 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 2,000 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 801 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5254 Fraser Valley Lane was last sold in Jun 23, 2020 for $750,000. According to our calculations, that's $132.60 per sqft. Prior to that sales transaction, the property was sold for $632,735 in Apr 15, 2014. Current property owners are expected to pay $3,533 in taxes per year. The property on 5254 Fraser Valley Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $53,390. To break that down further, the land itself was valued at $9,600. While improvements to the property were assessed at a total of $43,790. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Stone Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 2,000
  • Garage Type: Attached
  • Garage Square Area: 801
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 14,573
  • Total Building Area: 5,656
  • Gross Building Area: 5,705
  • Building Area: 4,535
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,535
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORDERA FIL NO 2E
  • Land Acres: 0.335
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 7 CORDERA FIL NO 2E

Ownership

  • Current Owner : JOHNSON MARK
  • Previous Owner : LIPP BRIAN A
  • Previous Owner 2: LIPP NATASHIA M
  • Owner Before Previous Owner: SADDLETREE INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Academy School District 20
  • School Tax School District: JFX
  • Census Tract: 007105

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 62253-10-007
  • Lot: 7
  • Municipality: ACADEMY 20
  • Latitude: 38.9756
  • Longitude: -104.73

    Address

  • Full Address: 5254 Fraser Valley Ln
  • Address - House Number: 5254
  • Address - Street Name: Fraser Valley
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R110
  • 4-Digit Zip Code: 8205
  • Zip Code: 80924

Valuation

    Tax

  • Total Area: 4,855
  • Tax Year: 2022
  • Tax Amount: $3,533
  • Tax Rate Code Area: JFX

    Appraisal Valuation

  • Standard Deviation: 0.1217
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 86
  • Final Value: 959,785
  • High Value: 1,076,682
  • Low Value: 842,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 07, 2020
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $768,257
  • Market Land Value: $138,200
  • Market Improvement Value: $630,057

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,390
  • Assessed Land Value: $9,600
  • Assessed Improvements Value: $43,790

    Sales

  • Current Sale Contract Date: Jun 23, 2020
  • Current Sale Recording Date: Jul 07, 2020
  • Current Sale Transaction ID: 11771725246
  • Current Sale Price: $750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220096153
  • Previous Sale Recording Date: Apr 16, 2014
  • Previous Sale Contract Date: Apr 15, 2014
  • Previous Sale Amount: $632,735
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 07, 2020
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Apr 16, 2014
  • Previous Mortgage Loan Amount: $506,188
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2044

About Powers



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Frequently Asked Questions

What neighborhood is 5254 Fraser Valley Lane located in?
The 5254 Fraser Valley Lane is a house located in the neighborhood of Wolf Ranch in Powers, Colorado Springs.
What is the average sales price for listings in 5254 Fraser Valley Lane?
The average sales price for units in 5254 Fraser Valley Lane is $750,000 , or $154/sqft. currently.

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