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5280 Topaz Drive

5280 Topaz Drive, Colorado Springs, CO 80918
Sold Apr 09, 2018
$449,500
$508,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2051
Sold Dec 03, 1993
$35,700
5280 Topaz 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 1994 and is 30 years old. The home has a total of 12 rooms. 6 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, 5280 Topaz Drive has 3,982 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 finished improved basement that is 1,991 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 21,397 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 556 sqft. According to our sources, there are a total of 5 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 B 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 stucco. The inside of the home is being cooled with 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. 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, 5280 Topaz Drive was last sold in Apr 4, 2018 for $449,500. According to our calculations, that's $99.05 per sqft. Prior to that sales transaction, the property was sold for $35,700 in Nov 30, 1993. Current property owners are expected to pay $1,959 in taxes per year. The property on 5280 Topaz Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $38,300. To break that down further, the land itself was valued at $6,950. While improvements to the property were assessed at a total of $31,350. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,991
  • Garage Type: Attached
  • Garage Square Area: 556
  • Parking Space Count: 5
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 21,397
  • Total Building Area: 4,538
  • Gross Building Area: 4,618
  • Building Area: 3,982
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,982
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK VISTA ESTATES ADD
  • Land Acres: 0.491
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 6 BLK 2 PARK VISTA ESTATES ADD

Ownership

  • Current Owner : TORWEIHE DONALD DAVID
  • Current Owner 2: SANDERS MELISSA SUE
  • Previous Owner : TUPPER RICHARD J
  • Previous Owner 2: TUPPER CINDY S
  • Owner Before Previous Owner: RIVERA VICTOR A
  • Owner Before Previous Owner 2: RIVERA MARGARETA G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FB2
  • Census Tract: 004902

Zoning

  • Zoning: RR-0.5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63232-02-006
  • Block: 2
  • Lot: 6
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9082
  • Longitude: -104.752

    Address

  • Full Address: 5280 Topaz Dr
  • Address - House Number: 5280
  • Address - Street Name: Topaz
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C023
  • 4-Digit Zip Code: 2434
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 3,982
  • Tax Year: 2022
  • Tax Amount: $1,959
  • Tax Rate Code Area: FB2

    Appraisal Valuation

  • Standard Deviation: 0.1199
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 722,163
  • High Value: 808,776
  • Low Value: 635,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $508,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $508,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $551,019
  • Market Land Value: $100,000
  • Market Improvement Value: $451,019

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,300
  • Assessed Land Value: $6,950
  • Assessed Improvements Value: $31,350

    Sales

  • Current Sale Contract Date: Apr 04, 2018
  • Current Sale Recording Date: Apr 09, 2018
  • Current Sale Transaction ID: 11443764235
  • Current Sale Price: $449,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218039608
  • Previous Sale Recording Date: Dec 03, 1993
  • Previous Sale Contract Date: Nov 30, 1993
  • Previous Sale Amount: $35,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENT CU
  • First Mortgage Transaction Date: Apr 09, 2018
  • First Mortgage Loan Amount: $359,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

About Powers



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Frequently Asked Questions

What neighborhood is 5280 Topaz Drive located in?
The 5280 Topaz Drive is a house located in the neighborhood of Vista Grande in Powers, Colorado Springs.
What is the average sales price for listings in 5280 Topaz Drive?
The average sales price for units in 5280 Topaz Drive is $0 currently.

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