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5880 Bourke Drive

5880 Bourke Drive, Colorado Springs, CO 80919
Property in Pinon Valley
Sold Dec 04, 2020
$369,500
$367,257 by Universal Lending Corp
Mortgage Due Jan 01, 2051
Sold Apr 29, 2016
$245,000
$208,587 by Leader One Financial Corp
Mortgage Due May 01, 2046
5880 Bourke 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 1984 and is 40 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 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5880 Bourke Drive has 1,803 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 finished improved basement that is 692 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 4,950 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level 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 410 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 roof of the building is made of composition shingle. The exterior walls of the building are made of a combination of material. 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. 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, 5880 Bourke Drive sold most recently in Dec 4, 2020 for a total of $369,500. If you work out the math, that's approximately a cost of $166.97 per sqft. Before that, the property was also sold for $245,000 in Apr 29, 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 $1,290 in taxes each year. 5880 Bourke Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,050. If we break it down further, the land itself was valued at $4,310. Improvements to the property, however, were assessed at a total of $18,740. 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.

Building Features

Exterior

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: Bi-level
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 692
  • Garage Type: Attached
  • Garage Square Area: 410
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,950
  • Total Building Area: 2,213
  • Gross Building Area: 2,251
  • Building Area: 1,803
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,803
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINON VALLEY FIL NO 3
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 68 PINON VALLEY FIL NO 3 COLO SPGS

Ownership

  • Current Owner : HUBER ANDREW JAMES
  • Previous Owner : SHERWOOD BEVERLY B
  • Owner Before Previous Owner: MILLER KRISTOPHER CRAIG
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Colorado Springs School District 11
  • School Tax School District: FBY
  • Census Tract: 003710

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 73143-05-002
  • Lot: 68
  • Municipality: COLORADO SPRINGS 11
  • Latitude: 38.9157
  • Longitude: -104.86

    Address

  • Full Address: 5880 Bourke Dr
  • Address - House Number: 5880
  • Address - Street Name: Bourke
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: C034
  • 4-Digit Zip Code: 2444
  • Zip Code: 80919

Valuation

    Tax

  • Total Area: 1,803
  • Tax Year: 2022
  • Tax Amount: $1,290
  • Tax Rate Code Area: FBY

    Appraisal Valuation

  • Standard Deviation: 0.1204
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 479,165
  • High Value: 536,861
  • Low Value: 421,470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,257
  • First Open Lien Mortgage Lender: UNIVERSAL LENDING CORP
  • First Open Lien Mortgage Recording Date: Dec 04, 2020
  • First Open Lien Mortgage Loan Amount: $367,257
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $331,663
  • Market Land Value: $62,000
  • Market Improvement Value: $269,663

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,050
  • Assessed Land Value: $4,310
  • Assessed Improvements Value: $18,740

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Transaction ID: 11804935654
  • Current Sale Price: $369,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220197694
  • Previous Sale Recording Date: Apr 29, 2016
  • Previous Sale Contract Date: Apr 29, 2016
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL LENDING CORP
  • First Mortgage Transaction Date: Dec 04, 2020
  • First Mortgage Loan Amount: $367,257
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LEADER ONE FINANCIAL CORP
  • Previous Mortgage Transaction Date: Apr 29, 2016
  • Previous Mortgage Loan Amount: $208,587
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2046

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5880 Bourke Drive located in?
The 5880 Bourke Drive is a located in the neighborhood of Pinon Valley in Northwest Colorado Springs, Colorado Springs.
What is the average sales price for listings in 5880 Bourke Drive?
The average sales price for units in 5880 Bourke Drive is $360,000 , or $200/sqft. currently.

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