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5831 Butterfield Drive

5831 Butterfield Drive, Colorado Springs, CO 80923
Sold Dec 11, 2018
$325,000
$347,500 by Guild Mortgage Co
Mortgage Due Jan 01, 2052
Sold Oct 11, 2005
$250,000
$241,050 by Era Mortgage
Mortgage Due Oct 01, 2035
5831 Butterfield Drive in Colorado Springs, CO was first built in 2001 and is 23 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 bi-level style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5831 Butterfield Drive has 2,417 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 716 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 4,783 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. 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 C. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 5831 Butterfield Drive sold most recently in Dec 7, 2018 for a total of $325,000. If you work out the math, that's approximately a cost of $114.56 per sqft. Before that, the property was also sold for $250,000 in Sep 27, 2005. 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 $1,417 in taxes each year. 5831 Butterfield Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,660. If we break it down further, the land itself was valued at $4,400. Improvements to the property, however, were assessed at a total of $19,260. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-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: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 716
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,783
  • Total Building Area: 2,837
  • Gross Building Area: 2,837
  • Building Area: 2,417
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,417
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WAGON TRAILS SUB FIL NO 5
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 21 WAGON TRAILS SUB FIL NO 5

Ownership

  • Current Owner : GREENWELL JEREMY
  • Previous Owner : HOMESOURCE PROPERTY MANAGEMENT LLC
  • Owner Before Previous Owner: MICHELETTI ANGELA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FCB
  • Census Tract: 004706

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Dec 13, 2066
  • Parcel: 63121-02-003
  • Lot: 21
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.935
  • Longitude: -104.728

    Address

  • Full Address: 5831 Butterfield Dr
  • Address - House Number: 5831
  • Address - Street Name: Butterfield
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C071
  • 4-Digit Zip Code: 8735
  • Zip Code: 80923

Valuation

    Tax

  • Total Area: 2,417
  • Tax Year: 2022
  • Tax Amount: $1,417
  • Tax Rate Code Area: FCB

    Appraisal Valuation

  • Standard Deviation: 0.1158
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 485,241
  • High Value: 541,458
  • Low Value: 429,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $347,500
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $347,500
  • 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, 2052

    Market Valuation

  • Market Total Value: $340,383
  • Market Land Value: $63,300
  • Market Improvement Value: $277,083

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,660
  • Assessed Land Value: $4,400
  • Assessed Improvements Value: $19,260

    Sales

  • Current Sale Contract Date: Dec 07, 2018
  • Current Sale Recording Date: Dec 11, 2018
  • Current Sale Transaction ID: 11542744342
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218141896
  • Previous Sale Recording Date: Oct 11, 2005
  • Previous Sale Contract Date: Sep 27, 2005
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Dec 11, 2018
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ERA MORTGAGE
  • Previous Mortgage Transaction Date: Oct 11, 2005
  • Previous Mortgage Loan Amount: $241,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2035

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Frequently Asked Questions

What neighborhood is 5831 Butterfield Drive located in?
The 5831 Butterfield Drive is a house located in the neighborhood of Wagon Trails in Powers, Colorado Springs.
What is the average sales price for listings in 5831 Butterfield Drive?
The average sales price for units in 5831 Butterfield Drive is $0 currently.

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