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5550 Oro Grande Drive

5550 Oro Grande Drive, Colorado Springs, CO 80918
Sold May 28, 2019
$285,000
$222,000 by Ent Cu
Mortgage Due Jan 01, 2051
Sold Apr 29, 2015
$199,000
$203,278 by Usaa Fsb
Mortgage Due May 01, 2045
Local assessors in Colorado Springs, CO have categorized 5550 Oro Grande Drive as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 8,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5550 Oro Grande Drive has a total of 1,490 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 504 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 432 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 frame 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. The building has a gable or hip style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 21, 2019 for $285,000. That's $145.26 per sqft. Prior to that sales transaction, the property was also sold in Apr 29, 2015 for $199,000. 5550 Oro Grande Drive was last assessed in 2022. The total value of the property was assessed at $19,340. Specifically, the land the property is located on was valued at $4,300. While improvements on the property were assessed at a total of $15,040. 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 $1,082. The initial tax year of delinquency was in 2022. 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. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split 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: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 504
  • Garage Type: Attached
  • Garage Square Area: 432
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 1,962
  • Gross Building Area: 1,962
  • Building Area: 1,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,490
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VISTA GRANDE TERRACE FIL NO 15
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 20 BLK 5 A REPLAT OF VISTA GRANDE TERRACE FIL NO 15

Ownership

  • Current Owner : NEILSON ROBERT DAN
  • Current Owner 2: NEILSON ANGELINA L
  • Previous Owner : DAVIS TREVOR
  • Owner Before Previous Owner: SAIKKONEN ANGELA M
  • Owner Before Previous Owner 2: SAIKKONEN MARK C
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag Date: Sep 07, 2023

Neighborhood

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

Zoning

  • Zoning: R1-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63164-04-006
  • Block: 5
  • Lot: 20
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9126
  • Longitude: -104.781

    Address

  • Full Address: 5550 Oro Grande Dr
  • Address - House Number: 5550
  • Address - Street Name: Oro Grande
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C065
  • 4-Digit Zip Code: 1924
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 1,530
  • Tax Year: 2022
  • Tax Amount: $1,082
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1346
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 84
  • Final Value: 407,323
  • High Value: 462,181
  • Low Value: 352,464

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,000
  • First Open Lien Mortgage Lender: ENT CU
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $222,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $278,262
  • Market Land Value: $61,900
  • Market Improvement Value: $216,362

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,340
  • Assessed Land Value: $4,300
  • Assessed Improvements Value: $15,040

    Sales

  • Current Sale Contract Date: May 21, 2019
  • Current Sale Recording Date: May 28, 2019
  • Current Sale Transaction ID: 11610664016
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219056920
  • Previous Sale Recording Date: Apr 29, 2015
  • Previous Sale Contract Date: Apr 29, 2015
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 28, 2019
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Apr 29, 2015
  • Previous Mortgage Loan Amount: $203,278
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2045

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Frequently Asked Questions

What neighborhood is 5550 Oro Grande Drive located in?
The 5550 Oro Grande Drive is a house located in the neighborhood of Garden Ranch in Northeast Colorado Springs, Colorado Springs.
What is the average sales price for listings in 5550 Oro Grande Drive?
The average sales price for units in 5550 Oro Grande Drive is $0 currently.

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