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5350 North Academy Boulevard

5350 North Academy Boulevard, Colorado Springs, CO 80918
Commercial in Garden Ranch
Local assessors in Colorado Springs, CO have categorized 5350 North Academy Boulevard as a office type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 47,916 square feet. 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 5350 North Academy Boulevard has a total of 12,077 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 5350 North Academy Boulevard is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 wood 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 - C. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 5350 North Academy Boulevard was last sold in Mar 5, 2021 for $1,200,000. According to our calculations, that's $99.36 per sqft. Prior to that sales transaction, the property was sold for $735,000 in Jan 5, 1999. Current property owners are expected to pay $27,362 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 5350 North Academy Boulevard was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $488,970. To break that down further, the land itself was valued at $159,800. While improvements to the property were assessed at a total of $329,170. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220814
08/14/2022
Loft
-
-
$3,500
bedrooms
Loft
bathrooms
-
-
-
-
Tyson Liese
Pikes Peak Dream Homes Realty
20220128 Unit 200
01/28/2022
200
Loft
-
-
$600
bedrooms
Loft
bathrooms
-
-
-
-
Tyson Liese
Pikes Peak Dream Homes Realty
20210517 Unit 200
05/17/2021
200
Loft
-
-
$650
bedrooms
Loft
bathrooms
-
-
-
-
Tyson Liese
Pikes Peak Dream Homes Realty

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Business/Commerical Units Count: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 12,077
  • Gross Building Area: 12,077
  • Building Area: 12,077
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 12,077
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Office
  • Subdivision: GARDN RANCH ESTATES
  • Land Acres: 1.1
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: THAT PART OF LOT 1 AS FOLS, BEG AT NE COR OF LOT, RUN N 60<5025 W ON LOT LN 160.0 FT, S 27<0935 W 300.0 FT, S 62<5025 E 160.0 FT, TH NELY ON LOT LN 300.0 FT TO POB BLK 8 GARDN RANCH ESTATES COLO SPGS SUBJ TO 30.0 FT EASEMENT FOR INGRESS + EGRESS

Ownership

  • Current Owner : OLD MACDONALD NURSERY SCHOOLS INC
  • Previous Owner : WESTAR CAPITAL INVESTMENTS LLC
  • Owner Before Previous Owner: NORTH 5350
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 007801

Zoning

  • Zoning: PBC/CR

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63211-15-005
  • Lot: 1
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9062
  • Longitude: -104.781

    Address

  • Full Address: 5350 N Academy Blvd
  • Address - House Number: 5350
  • Street Direction: N
  • Address - Street Name: Academy
  • Address - Suffix Type: Blvd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C045
  • 4-Digit Zip Code: 4098
  • Zip Code: 80918

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,362
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: FBY

    Market Valuation

  • Market Total Value: $1,686,117
  • Market Land Value: $551,034
  • Market Improvement Value: $1,135,083

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $488,970
  • Assessed Land Value: $159,800
  • Assessed Improvements Value: $329,170

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Transaction ID: 11823547234
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221043881
  • Previous Sale Recording Date: Jan 07, 1999
  • Previous Sale Contract Date: Jan 05, 1999
  • Previous Sale Amount: $735,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: THE MONEY STORE COMMERCIAL MTG
  • Previous Mortgage Transaction Date: Jan 07, 1999
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $735,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 31, 2029

About Northeast Colorado Springs



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Frequently Asked Questions

What neighborhood is 5350 North Academy Boulevard located in?
The 5350 North Academy Boulevard is a commercial located in the neighborhood of Garden Ranch in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 5350 North Academy Boulevard?
The average sales price for units in 5350 North Academy Boulevard is $0 currently.

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