Check Availability

5070 Victory Road

5070 Victory Road, Colorado Springs, CO 80911
Sold Jun 08, 2020
$200,000
$206,250 by V I P Mortgage Inc
Mortgage Due Feb 01, 2051
Sold May 28, 1997
$111,900
$114,138 by Ctx Mtg
Mortgage Due Jun 01, 2027
5070 Victory Road in Colorado Springs, CO was first built in 1987 and is 37 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 split level style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5070 Victory Road has 1,506 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 432 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 6,050 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable or hip style roof made of composition shingle. 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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. 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, 5070 Victory Road was last sold in Jun 1, 2020 for $200,000. According to our calculations, that's $132.80 per sqft. Prior to that sales transaction, the property was sold for $111,900 in May 23, 1997. Current property owners are expected to pay $1,294 in taxes per year. The property on 5070 Victory Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $17,330. To break that down further, the land itself was valued at $3,340. While improvements to the property were assessed at a total of $13,990. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split 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: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 432
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,050
  • Total Building Area: 1,506
  • Gross Building Area: 1,506
  • Building Area: 1,506
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,506
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PHEASANT RUN RANCH FIL NO 4
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 12 BLK 2 PHEASANT RUN RANCH FIL NO 4

Ownership

  • Current Owner : SMITH HOLDINGS LLC
  • Previous Owner : HANLEN KENNETH S
  • Previous Owner 2: HANLEN KATHERINE E
  • Owner Before Previous Owner: SMITH DAVID P
  • Owner Before Previous Owner 2: SMITH PATRICIA G
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Widefield School District 3
  • School Tax School District: DDM
  • Census Tract: 004502

Zoning

  • Zoning: RS-6000 CA

Geography

  • Assessors Map Reference: Jan 15, 2066
  • Parcel: 65013-16-008
  • Block: 2
  • Lot: 12
  • Municipality: WIDEFIELD 3
  • Latitude: 38.7691
  • Longitude: -104.731

    Address

  • Full Address: 5070 Victory Rd
  • Address - House Number: 5070
  • Address - Street Name: Victory
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Colorado Springs
  • Carrier Code: R073
  • 4-Digit Zip Code: 3426
  • Zip Code: 80911

Valuation

    Tax

  • Total Area: 1,506
  • Tax Year: 2022
  • Tax Amount: $1,294
  • Tax Rate Code Area: DDM

    Appraisal Valuation

  • Standard Deviation: 0.1314
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 85
  • Final Value: 357,963
  • High Value: 405,000
  • Low Value: 310,926

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,250
  • First Open Lien Mortgage Lender: V I P MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 15, 2021
  • First Open Lien Mortgage Loan Amount: $206,250
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $249,235
  • Market Land Value: $48,000
  • Market Improvement Value: $201,235

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,330
  • Assessed Land Value: $3,340
  • Assessed Improvements Value: $13,990

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jun 08, 2020
  • Current Sale Transaction ID: 11766607399
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220078571
  • Previous Sale Recording Date: May 28, 1997
  • Previous Sale Contract Date: May 23, 1997
  • Previous Sale Amount: $111,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERCHANTS MORTGAGE & TRUST COR
  • First Mortgage Transaction Date: Jun 08, 2020
  • First Mortgage Loan Amount: $176,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: CTX MTG
  • Previous Mortgage Transaction Date: May 28, 1997
  • Previous Mortgage Loan Amount: $114,138
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2027

About Powers



Similar Buildings

Property at 5070 Victory Road,

4075 Chenango Drive

  • 1 Unit for Sale
  • 2 Stories
4075 Chenango Drive, Colorado Springs, CO 80911
Property at 5070 Victory Road,

4040 Cantrell Drive

  • 1 Unit for Sale
  • 1 Story
4040 Cantrell Drive, Colorado Springs, CO 80911
Property at 5070 Victory Road,

5632 Marabou Way

  • 1 Unit for Sale
  • 2 Stories
5632 Marabou Way, Colorado Springs, CO 80911
Property at 5070 Victory Road,

4689 Wharf Point

  • 1 Unit for Sale
4689 Wharf Point, Colorado Springs, CO 80911
Property at 5070 Victory Road,

1720 Crest Place

  • 1 Unit for Sale
1720 Crest Place, Colorado Springs, CO 80911
Property at 5070 Victory Road,

4971 Brant Road

  • 1 Unit for Sale
4971 Brant Road, Colorado Springs, CO 80911
Property at 5070 Victory Road,

4820 Goulet Way

  • 1 Unit for Sale
4820 Goulet Way, Colorado Springs, CO 80911
Property at 5070 Victory Road,

4216 Little Rock View

  • 1 Unit for Sale
4216 Little Rock View, Colorado Springs, CO 80911
Property at 5070 Victory Road,

5623 Hawkesbury Drive

  • 1 Unit for Sale
  • 1 Story
5623 Hawkesbury Drive, Colorado Springs, CO 80911

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5070 Victory Road located in?
The 5070 Victory Road is a located in the neighborhood of Clearview Estates in Powers, Colorado Springs.
What is the average sales price for listings in 5070 Victory Road?
The average sales price for units in 5070 Victory Road is $0 currently.

Quantcast