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5521 Galena Place

5521 Galena Place, Colorado Springs, CO 80918
Sold Aug 11, 2020
$395,000
$375,250 by United Wholesale Mortgage
Mortgage Due Sep 01, 2050
Sold Jun 11, 2018
$334,500
$345,538 by Northpoint Bank
Mortgage Due Jun 01, 2048
5521 Galena Place in Colorado Springs, CO was first built in 1977 and is 47 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 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. 5521 Galena Place has 2,715 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 1,188 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 16,700 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 538 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 B. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5521 Galena Place sold most recently in Jul 31, 2020 for a total of $395,000. If you work out the math, that's approximately a cost of $118.23 per sqft. Before that, the property was also sold for $334,500 in Jun 5, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,602 in taxes each year. 5521 Galena Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $28,620. If we break it down further, the land itself was valued at $7,350. Improvements to the property, however, were assessed at a total of $21,270. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stone Exterior
Stucco Exterior

Parking

Parking Available
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,188
  • Garage Type: Attached
  • Garage Square Area: 538
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,700
  • Total Building Area: 3,341
  • Gross Building Area: 3,341
  • Building Area: 2,715
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,715
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET RIDGE SUB FIL NO 1
  • Land Acres: 0.383
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 68 SUNSET RIDGE SUB FIL NO 1

Ownership

  • Current Owner : MINES JARED
  • Current Owner 2: MINES LESLIE
  • Previous Owner : PARSAI A NICHOLAS A
  • Previous Owner 2: PARSAI PAMELA F
  • Owner Before Previous Owner: MARTINEZ ANDREA
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 004800

Zoning

  • Zoning: R1-6 HS

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63154-05-022
  • Lot: 68
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9122
  • Longitude: -104.764

    Address

  • Full Address: 5521 Galena Pl
  • Address - House Number: 5521
  • Address - Street Name: Galena
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C024
  • 4-Digit Zip Code: 2274
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 2,803
  • Tax Year: 2022
  • Tax Amount: $1,602
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1197
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 547,202
  • High Value: 612,732
  • Low Value: 481,672

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,250
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 11, 2020
  • First Open Lien Mortgage Loan Amount: $375,250
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $411,799
  • Market Land Value: $105,800
  • Market Improvement Value: $305,999

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,620
  • Assessed Land Value: $7,350
  • Assessed Improvements Value: $21,270

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Transaction ID: 11779491763
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220120045
  • Previous Sale Recording Date: Jun 11, 2018
  • Previous Sale Contract Date: Jun 05, 2018
  • Previous Sale Amount: $334,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 11, 2020
  • First Mortgage Loan Amount: $375,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NORTHPOINT BANK
  • Previous Mortgage Transaction Date: Jun 11, 2018
  • Previous Mortgage Loan Amount: $345,538
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Powers



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Frequently Asked Questions

What neighborhood is 5521 Galena Place located in?
The 5521 Galena Place is a house located in the neighborhood of Vista Grande in Powers, Colorado Springs.
What is the average sales price for listings in 5521 Galena Place?
The average sales price for units in 5521 Galena Place is $0 currently.

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