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5575 Majestic Drive

5575 Majestic Drive, Colorado Springs, CO 80919
Property in Mountain Shadows
Sold Jun 28, 2018
$369,900
$200,200 by Stearns Lending Llc
Mortgage Due Jul 01, 2048
Sold Sep 03, 2014
$273,500
$279,380 by Wr Starkey Mortgage Llp
Mortgage Due Sep 01, 2044
5575 Majestic 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 2013 and is 11 years old. The home has a total of 7 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5575 Majestic Drive has 2,226 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 1,188 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 7,486 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 594 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 style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. 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, 5575 Majestic Drive was last sold in Jun 27, 2018 for $369,900. According to our calculations, that's $124.55 per sqft. Prior to that sales transaction, the property was sold for $273,500 in Aug 29, 2014. Current property owners are expected to pay $1,602 in taxes per year. The property on 5575 Majestic Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $28,620. To break that down further, the land itself was valued at $4,170. While improvements to the property were assessed at a total of $24,450. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • 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: 594
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,486
  • Total Building Area: 2,970
  • Gross Building Area: 3,170
  • Building Area: 2,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,226
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKSIDE AT MOUNTAIN SHADOWS FIL NO 2
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 35 BLK 1 PARKSIDE AT MOUNTAIN SHADOWS FIL NO 2 COLO SPGS, AS AMENDED BY PROPERTY BOUNDARY ADJUSTMENT REC #214002142

Ownership

  • Current Owner : JOHNSON JOHN R
  • Current Owner 2: JOHNSON DORATHY M
  • Previous Owner : AGRANT FINEES
  • Owner Before Previous Owner: FOWLER H CHARLES
  • 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: 003708

Zoning

  • Zoning: PUD HS

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 73154-03-039
  • Block: 1
  • Lot: 35
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9131
  • Longitude: -104.873

    Address

  • Full Address: 5575 Majestic Dr
  • Address - House Number: 5575
  • Address - Street Name: Majestic
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C052
  • 4-Digit Zip Code: 3516
  • Zip Code: 80919

Valuation

    Tax

  • Total Area: 2,376
  • Tax Year: 2022
  • Tax Amount: $1,602
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1213
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 86
  • Final Value: 564,999
  • High Value: 633,543
  • Low Value: 496,455

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $399,700
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Jun 28, 2018
  • First Open Lien Mortgage Loan Amount: $200,200
  • 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, 2048
  • Second Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Jan 11, 2021
  • Second Open Lien Mortgage Loan Amount: $199,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $411,841
  • Market Land Value: $60,000
  • Market Improvement Value: $351,841

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,620
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $24,450

    Sales

  • Current Sale Contract Date: Jun 27, 2018
  • Current Sale Recording Date: Jun 28, 2018
  • Current Sale Transaction ID: 11477772178
  • Current Sale Price: $369,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218074457
  • Previous Sale Recording Date: Sep 03, 2014
  • Previous Sale Contract Date: Aug 29, 2014
  • Previous Sale Amount: $273,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Jun 28, 2018
  • First Mortgage Loan Amount: $200,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WR STARKEY MORTGAGE LLP
  • Previous Mortgage Transaction Date: Sep 03, 2014
  • Previous Mortgage Loan Amount: $279,380
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2044

About Northwest Colorado Springs



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Frequently Asked Questions

What neighborhood is 5575 Majestic Drive located in?
The 5575 Majestic Drive is a located in the neighborhood of Mountain Shadows in Northwest Colorado Springs, Colorado Springs.
What is the average sales price for listings in 5575 Majestic Drive?
The average sales price for units in 5575 Majestic Drive is $0 currently.

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