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5868 Tradewind Point

5868 Tradewind Point, Colorado Springs, CO 80923
Townhouse in Sundown
Sold Oct 25, 2018
$318,000
Sold Nov 10, 2016
$260,000
$234,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2046
Local assessors in Colorado Springs, CO have categorized 5868 Tradewind Point as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 2,200 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 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 5868 Tradewind Point has a total of 2,458 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 1,257 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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 - B. 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 central 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. 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, 5868 Tradewind Point sold most recently in Oct 24, 2018 for a total of $318,000. If you work out the math, that's approximately a cost of $108.46 per sqft. Before that, the property was also sold for $260,000 in Nov 9, 2016. 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 $1,369 in taxes each year. The initial year of tax delinquency occurred in 2022. 5868 Tradewind Point was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,850. If we break it down further, the land itself was valued at $3,750. Improvements to the property, however, were assessed at a total of $19,100. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Townhouse
  • 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: 1,257
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,200
  • Total Building Area: 2,932
  • Gross Building Area: 2,932
  • Building Area: 2,458
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,458
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SADDLEBACK TOWNHOMES FIL NO 5
  • Land Acres: 0.051
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 7 SADDLEBACK TOWNHOMES FIL NO 5

Ownership

  • Current Owner : CALDWELL FREDERICK J
  • Current Owner 2: CALDWELL CYNTHIA B
  • Previous Owner : GLASSFORD CLAY
  • Previous Owner 2: GLASSFORD TAEYA
  • Owner Before Previous Owner: MONTGOMERY CHARLES D
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FCB
  • Census Tract: 004707

Zoning

  • Zoning: PUD AO

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 63133-07-107
  • Lot: 7
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9147
  • Longitude: -104.732

    Address

  • Full Address: 5868 Tradewind Pt
  • Address - House Number: 5868
  • Address - Street Name: Tradewind
  • Address - Suffix Type: Pt
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C072
  • 4-Digit Zip Code: 1122
  • Zip Code: 80923

Valuation

    Tax

  • Total Area: 2,532
  • Tax Year: 2022
  • Tax Amount: $1,369
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: FCB

    Appraisal Valuation

  • Standard Deviation: 0.1194
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 87
  • Final Value: 477,380
  • High Value: 534,382
  • Low Value: 420,379

    Market Valuation

  • Market Total Value: $328,817
  • Market Land Value: $54,000
  • Market Improvement Value: $274,817

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,850
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $19,100

    Sales

  • Current Sale Contract Date: Oct 24, 2018
  • Current Sale Recording Date: Oct 25, 2018
  • Current Sale Transaction ID: 11523113699
  • Current Sale Price: $318,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218124070
  • Previous Sale Recording Date: Nov 10, 2016
  • Previous Sale Contract Date: Nov 09, 2016
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Nov 10, 2016
  • Previous Mortgage Loan Amount: $234,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Powers



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Frequently Asked Questions

What neighborhood is 5868 Tradewind Point located in?
The 5868 Tradewind Point is a townhouse located in the neighborhood of Sundown in Powers, Colorado Springs.
What is the average sales price for listings in 5868 Tradewind Point?
The average sales price for units in 5868 Tradewind Point is $0 currently.

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