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5435 Red Sky Drive

5435 Red Sky Drive, Colorado Springs, CO 80915
Property in Rustic Hills
Sold Jul 12, 2016
$215,000
$211,105 by Mortgage Research Center Llc
Mortgage Due Aug 01, 2046
Sold Jun 09, 2015
Transfer
$164,275 by Green Tree Servicing Llc
Mortgage Due Jun 01, 2045
5435 Red Sky 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 1986 and is 38 years old. The home has a total of 8 rooms. 3 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, 5435 Red Sky Drive has 1,628 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,000 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 380 sqft. According to our sources, there is one available parking space. 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 roof of the building is made of composition shingle. The exterior walls of the building are made of a combination of material. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 11, 2016 for $215,000. That's $107.07 per sqft. 5435 Red Sky Drive was last assessed in 2022. The total value of the property was assessed at $19,770. Specifically, the land the property is located on was valued at $3,340. While improvements on the property were assessed at a total of $16,430. 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 $1,106. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 2,008
  • Gross Building Area: 2,048
  • Building Area: 1,628
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,628
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUSTIC HILLS RANCH SUB FIL NO 1
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 8 BLK 2 RUSTIC HILLS RANCH SUB FIL NO 1 COLO SPGS

Ownership

  • Current Owner : ORTIZ RICHARD A
  • Previous Owner : WILL HAMES D
  • Previous Owner 2: WILL MEGAN
  • Owner Before Previous Owner: WILL JAMES D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 005900

Zoning

  • Zoning: R1-6 AO

Geography

  • Assessors Map Reference: MP: 4014
  • Parcel: 64014-09-003
  • Block: 2
  • Lot: 8
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.8605
  • Longitude: -104.727

    Address

  • Full Address: 5435 Red Sky Dr
  • Address - House Number: 5435
  • Address - Street Name: Red Sky
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C012
  • 4-Digit Zip Code: 1487
  • Zip Code: 80915

Valuation

    Tax

  • Total Area: 1,628
  • Tax Year: 2022
  • Tax Amount: $1,106
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 77
  • Final Value: 439,335
  • High Value: 515,397
  • Low Value: 363,274

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $261,105
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Jul 12, 2016
  • First Open Lien Mortgage Loan Amount: $211,105
  • 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: Aug 01, 2046
  • Second Open Lien Mortgage Lender: ENT CU
  • Second Open Lien Mortgage Recording Date: Jan 14, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 28, 2042

    Market Valuation

  • Market Total Value: $284,393
  • Market Land Value: $48,000
  • Market Improvement Value: $236,393

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,770
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $16,430

    Sales

  • Current Sale Contract Date: Jul 11, 2016
  • Current Sale Recording Date: Jul 12, 2016
  • Current Sale Transaction ID: 1641852237
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016076895
  • Previous Sale Recording Date: Jun 09, 2015
  • Previous Sale Contract Date: May 22, 2015
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jul 12, 2016
  • First Mortgage Loan Amount: $211,105
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: GREEN TREE SERVICING LLC
  • Previous Mortgage Transaction Date: Jun 09, 2015
  • Previous Mortgage Loan Amount: $164,275
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Powers



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Frequently Asked Questions

What neighborhood is 5435 Red Sky Drive located in?
The 5435 Red Sky Drive is a located in the neighborhood of Rustic Hills in Powers, Colorado Springs.
What is the average sales price for listings in 5435 Red Sky Drive?
The average sales price for units in 5435 Red Sky Drive is $0 currently.

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