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5422 Madera Road

5422 Madera Road, Colorado Springs, CO 80918
Property in Vista Grande
Sold Aug 31, 2017
$500,000
$386,500 by Quicken Loans Llc
Mortgage Due Sep 01, 2049
Sold Dec 01, 1988
Transfer
5422 Madera Road in Colorado Springs, CO was first built in 1987 and is 37 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 ranch/rambler style. It is a single story home. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5422 Madera Road has 3,854 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 2,007 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 43,000 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 910 sqft. There are a total of 4 available parking spaces. 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 B. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a hot water heating system. 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. 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, 5422 Madera Road was last sold in Aug 30, 2017 for $500,000. According to our calculations, that's $101.54 per sqft. Current property owners are expected to pay $2,024 in taxes per year. The property on 5422 Madera Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $36,170. To break that down further, the land itself was valued at $7,040. While improvements to the property were assessed at a total of $29,130. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,007
  • Garage Type: Attached
  • Garage Square Area: 910
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 43,000
  • Total Building Area: 4,924
  • Gross Building Area: 4,940
  • Building Area: 3,854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,854
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VISTA GRANDE ESTATES
  • Land Acres: 0.987
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 3 BLK 2 VISTA GRANDE ESTATES

Ownership

  • Current Owner : STRICKLAN LYNN D
  • Current Owner 2: STRICKLAN KAY H
  • Previous Owner : BENNETT JOAN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 004901

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63221-01-003
  • Block: 2
  • Lot: 3
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9107
  • Longitude: -104.759

    Address

  • Full Address: 5422 Madera Rd
  • Address - House Number: 5422
  • Address - Street Name: Madera
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C018
  • 4-Digit Zip Code: 2316
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 4,014
  • Tax Year: 2022
  • Tax Amount: $2,024
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1229
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 86
  • Final Value: 743,977
  • High Value: 835,467
  • Low Value: 652,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $386,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Aug 27, 2020
  • First Open Lien Mortgage Loan Amount: $386,500
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $520,501
  • Market Land Value: $101,300
  • Market Improvement Value: $419,201

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,170
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $29,130

    Sales

  • Current Sale Contract Date: Aug 30, 2017
  • Current Sale Recording Date: Aug 31, 2017
  • Current Sale Transaction ID: 1733109147
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 217105005
  • Previous Sale Recording Date: Dec 01, 1988
  • Previous Sale Contract Date: Dec 01, 1988
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 31, 2017
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

About Powers



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Frequently Asked Questions

What neighborhood is 5422 Madera Road located in?
The 5422 Madera Road is a located in the neighborhood of Vista Grande in Powers, Colorado Springs.
What is the average sales price for listings in 5422 Madera Road?
The average sales price for units in 5422 Madera Road is $0 currently.

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