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5396 Luster Drive

5396 Luster Drive, Colorado Springs, CO 80923
House in Sundown
Sold Jun 08, 2022
$500,000
$475,000 by Fairway Independent Mortgage C
Mortgage Due Jul 01, 2052
Sold Dec 26, 2019
$355,000
$344,350 by Cardinal Financial Company Lp
Mortgage Due Jan 01, 2050
5396 Luster 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 2000 and is 24 years old. The home has a total of 8 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, 5396 Luster Drive has 2,173 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 partial basement that is 910 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 7,573 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 580 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, 5396 Luster Drive was last sold in Jun 7, 2022 for $500,000. According to our calculations, that's $172.24 per sqft. Prior to that sales transaction, the property was sold for $355,000 in Dec 19, 2019. Current property owners are expected to pay $1,355 in taxes per year. The property on 5396 Luster Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $24,210. To break that down further, the land itself was valued at $4,000. While improvements to the property were assessed at a total of $20,210. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • 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: Partial basement
  • Basement Area: 910
  • Garage Type: Attached
  • Garage Square Area: 580
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,573
  • Total Building Area: 2,903
  • Gross Building Area: 2,919
  • Building Area: 2,173
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,173
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNDOWN VILLAS
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 8 SUNDOWN VILLAS

Ownership

  • Current Owner : TAUNAUTA TAUFA
  • Current Owner 2: ALLEN NICOLE
  • Previous Owner : STEPHEN FLICKINGER
  • Owner Before Previous Owner: JABLONSKI MICHAEL T
  • Owner Before Previous Owner 2: JABLONSKI RADHIKA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 004708

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63131-27-008
  • Lot: 8
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9229
  • Longitude: -104.723

    Address

  • Full Address: 5396 Luster Dr
  • Address - House Number: 5396
  • Address - Street Name: Luster
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C063
  • 4-Digit Zip Code: 9501
  • Zip Code: 80923

Valuation

    Tax

  • Total Area: 2,323
  • Tax Year: 2022
  • Tax Amount: $1,355
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 83
  • Final Value: 482,373
  • High Value: 548,729
  • Low Value: 416,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 08, 2022
  • First Open Lien Mortgage Loan Amount: $475,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $348,269
  • Market Land Value: $57,500
  • Market Improvement Value: $290,769

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,210
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $20,210

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 08, 2022
  • Current Sale Transaction ID: 11889785332
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 78773
  • Previous Sale Recording Date: Dec 26, 2019
  • Previous Sale Contract Date: Dec 19, 2019
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 08, 2022
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Previous Mortgage Transaction Date: Dec 26, 2019
  • Previous Mortgage Loan Amount: $344,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Powers



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Frequently Asked Questions

What neighborhood is 5396 Luster Drive located in?
The 5396 Luster Drive is a house located in the neighborhood of Sundown in Powers, Colorado Springs.
What is the average sales price for listings in 5396 Luster Drive?
The average sales price for units in 5396 Luster Drive is $0 currently.

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