See Home Value
$500,827*
House - Off Market

5705 Velvet Court

Colorado Springs, CO 80918
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3222 Sqft
$401,000 - $489,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Sep 03, 2020
$445,000
$461,020 by Security National Mortgage Co
Mortgage Due Oct 01, 2050
Sold Feb 23, 1995
$223,299
$178,600 by Mortgage Service America Co
Mortgage Due Mar 01, 2025

About This Property

Beautiful 2 Story home located in Deer Run. Huge living room has a gas fireplace, high ceilings, and entertainment cabinets. Amazing kitchen with corian counter tops, stainless steel appliances, island for stove top, and plenty of cabinet space. Formal Dining room with beautiful wood floors and lots of natural light. Main level office with cabinets and natural light. Informal dining area with breakfast bench and walk-out to the deck. Large Master bedroom includes second fireplace, beautiful attached 5 piece bathroom, spacious walk-in closet, and french doors overlooking the living room. 2 bedrooms on the upper level with carpet, great views, and a shared full bathroom. Carpeted basement with a family room, large additional bedroom, full bathroom and storage room. Fenced backyard is perfect for entertaining, grilling, and pets. Back deck has amazing views of Pikes Peak and property backs to an open space. All lawn care and snow removal is taken care of by the HOA. Conveniently located near shopping, schools, parks, and the Austin Bluffs corridor.

The manager has listed the unit size as 3222 square feet.
Unit Size
3,222Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$138
Property Type
House
Property Taxes
$1,866
HOA Dues
-
Year Built
1994

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Sep 3, 2020 Sold to Nanette Y Nguyen, Tung T Ng... $445,000
Sold to Nanette Y Nguyen, Tung T Ng...
Jul 13, 2020 In contract -
In contract
Jul 10, 2020 Price Decreased $445,000
↓ $5K (1.1%)
Price Decreased
Jun 25, 2020 Listed $450,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,018
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 12,160
  • Total Building Area: 3,622
  • Gross Building Area: 3,652
  • Building Area: 3,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,042
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEER RUN SUB FIL NO 1
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 8 BLK 2 DEER RUN SUB FIL NO 1 CO SPGS

Ownership

  • Current Owner : NGUYEN TUNG T
  • Current Owner 2: NGUYEN NANETTE Y
  • Previous Owner : MARTIN PHYLLIS J
  • Owner Before Previous Owner: NATIONAL SPARTAN GROUP LTD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FCB
  • Census Tract: 004902

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63141-04-014
  • Block: 2
  • Lot: 8
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.92
  • Longitude: -104.744

    Address

  • Full Address: 5705 Velvet Ct
  • Address - House Number: 5705
  • Address - Street Name: Velvet
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C072
  • 4-Digit Zip Code: 5222
  • Zip Code: 80918

Valuation

    Tax

  • Total Area: 3,222
  • Tax Year: 2022
  • Tax Amount: $1,948
  • Tax Rate Code Area: FCB

    Appraisal Valuation

  • Standard Deviation: 0.1198
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 87
  • Final Value: 605,578
  • High Value: 678,185
  • Low Value: 532,971

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $461,020
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $461,020
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $468,085
  • Market Land Value: $90,800
  • Market Improvement Value: $377,285

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,530
  • Assessed Land Value: $6,310
  • Assessed Improvements Value: $26,220

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11785050269
  • Current Sale Price: $445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220136027
  • Previous Sale Recording Date: Feb 23, 1995
  • Previous Sale Contract Date: Feb 21, 1995
  • Previous Sale Amount: $223,299
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $461,020
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE SERVICE AMERICA CO
  • Previous Mortgage Transaction Date: Feb 23, 1995
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $178,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,302 ft²
$144/ft²
$475,000 May 7, 2021
$475,000 Jun 8, 2021
$159/mo
House
4 Beds
4 Baths
2,892 ft²
$178/ft²
$515,000 Apr 12, 2023
$515,000 Jun 2, 2023
$175/mo
House
3 Beds
3 Baths
1,897 ft²
$240/ft²
$455,000 Nov 12, 2021
$455,000 Jan 25, 2022
$147/mo
House
Stu
-
4,194 ft²
$116/ft²
$487,000 Jun 24, 2023
$487,000 Jul 13, 2023
$186/mo
House
7 Beds
4 Baths
4,253 ft²
$139/ft²
$590,000 Jul 30, 2021
$590,000 Aug 27, 2021
$184/mo
Multifamily
3 Beds
3 Baths
1,291 ft²
$285/ft²
$368,000 Mar 24, 2023
$368,000 Apr 21, 2023
$249/mo
House
4 Beds
3 Baths
3,732 ft²
$141/ft²
$525,000 May 13, 2024
-
$126/mo
House
4 Beds
4 Baths
2,320 ft²
$205/ft²
$475,000 Apr 30, 2024
-
$135/mo
House
3 Beds
3 Baths
2,890 ft²
$182/ft²
$525,000 May 6, 2024
-
$125/mo
House
3 Beds
3 Baths
1,800 ft²
$236/ft²
$425,000 May 1, 2024
-
$106/mo
House
3 Beds
3 Baths
1,860 ft²
$247/ft²
$459,000 Mar 15, 2024
-
$107/mo
Townhouse
3 Beds
3 Baths
1,565 ft²
$252/ft²
$394,995 Apr 10, 2024
-
$96/mo

About Powers


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Nearby Rentals



Frequently Asked Questions

When was property at 5705 Velvet Court built and last sold?
The property at 5705 Velvet Court was built in 1994 and last sold on Aug 26, 2020 for $445,000.
How much is this home worth?
The estimated value of the home located at 5705 Velvet Court is $462,730.
What are some comparable homes to 5705 Velvet Court?
There are currently no comparable homes to 5705 Velvet Court.

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