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5318 Solar Ridge Drive

5318 Solar Ridge Drive, Colorado Springs, CO 80917
Townhouse in Old Farm
Sold Apr 27, 2020
Transfer
$195,461 by United Wholesale Mortgage
Mortgage Due May 01, 2050
Sold Dec 27, 2018
$184,000
$180,667 by Northpointe Bank
Mortgage Due Jan 01, 2049
5318 Solar Ridge Drive in Colorado Springs, CO was first built in 1985 and is 39 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5318 Solar Ridge Drive has 1,253 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 245 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 504 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 259 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Prior to that sales transaction, the property was also sold in Dec 20, 2018 for $184,000. 5318 Solar Ridge Drive was last assessed in 2022. The total value of the property was assessed at $14,040. Specifically, the land the property is located on was valued at $2,640. While improvements on the property were assessed at a total of $11,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $786. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Masonite Siding
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • 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: Finished improved basement
  • Basement Area: 245
  • Garage Type: Attached
  • Garage Square Area: 259
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 504
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,253
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,253
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOLAR RIDGE TOWNHOMES FIL NO 1
  • Land Acres: 0.012
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 4 BLK 2 SOLAR RIDGE TOWNHOMES FIL NO 1 COLO SPGS

Ownership

  • Current Owner : NASH PATRICIA ANNETTE
  • Previous Owner : NASH PATRICIA A
  • Owner Before Previous Owner: ELEVATED VALUE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

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: MP: 3251
  • Parcel: 63251-04-020
  • Block: 2
  • Lot: 4
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8963
  • Longitude: -104.728

    Address

  • Full Address: 5318 Solar Ridge Dr
  • Address - House Number: 5318
  • Address - Street Name: Solar Ridge
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C009
  • 4-Digit Zip Code: 1437
  • Zip Code: 80917

Valuation

    Tax

  • Total Area: 1,253
  • Tax Year: 2022
  • Tax Amount: $786
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1218
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 86
  • Final Value: 293,715
  • High Value: 329,514
  • Low Value: 257,916

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,461
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 27, 2020
  • First Open Lien Mortgage Loan Amount: $195,461
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $201,984
  • Market Land Value: $38,000
  • Market Improvement Value: $163,984

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,040
  • Assessed Land Value: $2,640
  • Assessed Improvements Value: $11,400

    Sales

  • Current Sale Contract Date: Apr 20, 2020
  • Current Sale Recording Date: Apr 27, 2020
  • Current Sale Transaction ID: 11755748012
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 220056651
  • Previous Sale Recording Date: Dec 27, 2018
  • Previous Sale Contract Date: Dec 20, 2018
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 27, 2020
  • First Mortgage Loan Amount: $195,461
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NORTHPOINTE BANK
  • Previous Mortgage Transaction Date: Dec 27, 2018
  • Previous Mortgage Loan Amount: $180,667
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Powers



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Frequently Asked Questions

What neighborhood is 5318 Solar Ridge Drive located in?
The 5318 Solar Ridge Drive is a townhouse located in the neighborhood of Old Farm in Powers, Colorado Springs.
What is the average sales price for listings in 5318 Solar Ridge Drive?
The average sales price for units in 5318 Solar Ridge Drive is $0 currently.

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