NOT LISTED FOR SALE

2516 Malpaso Point Colorado Springs, CO 80922

Estimated Value: $299,000 - $308,000

3 Beds
3 Baths
1,193 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 2516 Malpaso Point, Colorado Springs, CO 80922 and is currently estimated at $304,499, approximately $255 per square foot. 2516 Malpaso Point is a home located in El Paso County with nearby schools including Remington Elementary School, Horizon Middle School, and Sand Creek High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2018
Sold by
Smith Shane R and Sheimo Linda K
Bought by
Shane R Smith And Linda K Sheimo Trust
Current Estimated Value
$304,499

Purchase Details

Closed on
Sep 29, 2014
Sold by
Logan Erin and Lofthus Erin
Bought by
Sheimo Linda K and Smith Shane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Outstanding Balance
$28,905
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$275,594

Purchase Details

Closed on
Oct 14, 2011
Sold by
The Bank Of New York Mellon
Bought by
Logan Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,693
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2011
Sold by
Madrid Harold J
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Apr 13, 2007
Sold by
Hud
Bought by
Madrid Harold J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2006
Sold by
Colorado Housing & Finance Authority
Bought by
Hud

Purchase Details

Closed on
Mar 8, 2006
Sold by
Serrano Jose L Ortiz and Ortiz Luis A
Bought by
Serrano Jose L Ortiz

Purchase Details

Closed on
Jul 2, 2004
Sold by
Mounts Neeley R
Bought by
Serrano Jose L Ortiz and Ortiz Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,556
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2001
Sold by
East Ranch Development Llc
Bought by
Mounts Neeley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,025
Interest Rate
6.89%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shane R Smith And Linda K Sheimo Trust -- None Available
Sheimo Linda K $136,000 Empire Title Co Springs Llc
Logan Erin $91,000 Servicelink
The Bank Of New York Mellon -- None Available
Madrid Harold J $121,000 Wtg
Hud -- Fahtco
Serrano Jose L Ortiz -- None Available
Serrano Jose L Ortiz -- None Available
Serrano Jose L Ortiz $144,800 Security Title
Mounts Neeley R $129,500 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheimo Linda K $86,000
Previous Owner Logan Erin $88,693
Previous Owner Madrid Harold J $96,000
Previous Owner Serrano Jose L Ortiz $142,556
Previous Owner Mounts Neeley R $123,025
Closed Serrano Jose L Ortiz $3,521
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 $1,269 $20,770 -- --
2024 $1,167 $21,650 $4,560 $17,090
2023 $1,167 $21,650 $4,560 $17,090
2022 $1,100 $15,690 $3,020 $12,670
2021 $1,137 $16,130 $3,100 $13,030
2020 $863 $12,190 $1,930 $10,260
2019 $855 $12,190 $1,930 $10,260
2018 $777 $10,890 $1,580 $9,310
2017 $780 $10,890 $1,580 $9,310
2016 $760 $10,620 $1,510 $9,110
2015 $761 $10,620 $1,510 $9,110
2014 -- $9,430 $1,510 $7,920
Source: Public Records

Map

Colorado El Paso County Colorado Springs 80915

2516 Malpaso Point, Colorado Springs, CO

This home is located at 2516 Malpaso Point, Colorado Springs, CO 80922 and is currently estimated at $304,499, approximately $255 per square foot. 2516 Malpaso Point is a home located in El Paso County with nearby schools including Remington Elementary School, Horizon Middle School, and Sand Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes