NOT LISTED FOR SALE

Estimated Value: $416,618 - $442,000

3 Beds
1 Bath
1,055 Sq Ft
$407/Sq Ft Est. Value

About This Home

This home is located at 2504 Magellan St, Colorado Springs, CO 80907 and is currently estimated at $429,405, approximately $407 per square foot. 2504 Magellan St is a home located in El Paso County with nearby schools including Jackson Elementary School, North Middle School, and William J. Palmer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Lewis George T and Lewis Joan M
Bought by
Lohmann Nathaniel W
Current Estimated Value
$429,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Outstanding Balance
$280,067
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$149,338

Purchase Details

Closed on
Jun 15, 1999
Sold by
Montoya Nicole Rae and Montoya Michael Lee
Bought by
Lewis George T and Lewis Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,142
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1998
Sold by
Montoya Nicole Rae and Montoya Michael Lee
Bought by
Montoya Nicole Rae and Montoya Michael Lee

Purchase Details

Closed on
Aug 25, 1987
Bought by
Lewis Joan M

Purchase Details

Closed on
Jun 1, 1982
Bought by
Lewis Joan M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lohmann Nathaniel W $385,000 Heritage Title Company
Lewis George T $129,000 Security Title
Montoya Nicole Rae -- --
Lewis Joan M -- --
Lewis Joan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lohmann Nathaniel W $308,000
Previous Owner Lewis George T $91,500
Previous Owner Lewis George T $136,036
Previous Owner Lewis George T $68,000
Previous Owner Lewis George T $50,000
Previous Owner Lewis George T $127,838
Previous Owner Lewis George T $46,200
Previous Owner Lewis George T $128,142
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,369 $28,350 -- --
2024 $1,255 $29,050 $5,030 $24,020
2022 $1,228 $21,940 $4,170 $17,770
2021 $1,332 $22,570 $4,290 $18,280
2020 $1,306 $19,240 $3,580 $15,660
2019 $1,299 $19,240 $3,580 $15,660
2018 $1,220 $16,620 $2,740 $13,880
2017 $1,155 $16,620 $2,740 $13,880
2016 $884 $15,250 $2,440 $12,810
2015 $881 $15,250 $2,440 $12,810
2014 $850 $14,120 $2,440 $11,680
Source: Public Records

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