NOT LISTED FOR SALE

Estimated Value: $583,638 - $639,000

4 Beds
4 Baths
1,777 Sq Ft
$346/Sq Ft Est. Value

About This Home

This home is located at 488 Silver Mine Dr, Colorado Springs, CO 80905 and is currently estimated at $614,160, approximately $345 per square foot. 488 Silver Mine Dr is a home located in El Paso County with nearby schools including Midland Elementary School, West Middle School, and Coronado High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2009
Sold by
Nicholls Garth J
Bought by
Smith Steven R and Chambers Smith Margaret E
Current Estimated Value
$614,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Duke Nathan David and Duke Stacy M
Bought by
Nicholls Garth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2007
Sold by
Mcelhone Patrick D and Mcelhone Lynn M
Bought by
Duke Nathan David and Duke Stacy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,200
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2002
Sold by
Reflections Home Building Inc
Bought by
Mcelhone Patrick D and Mcelhone Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,042
Interest Rate
7.09%
Mortgage Type
VA
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
Smith Steven R $230,000 North American Title
Nicholls Garth J -- None Available
Duke Nathan David $283,000 Land Title Guarantee Company
Mcelhone Patrick D $233,375 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers Smith Margaret E $163,775
Closed Smith Steven R $166,000
Previous Owner Duke Nathan David $212,200
Previous Owner Mcelhone Patrick D $243,299
Previous Owner Mcelhone Patrick D $238,042
Previous Owner Reflections Home Building Co $147,200
Previous Owner L & J Contracting Inc $188,000
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 $1,671 $37,550 -- --
2024 $1,555 $34,510 $5,530 $28,980
2023 $1,555 $34,510 $5,530 $28,980
2022 $1,368 $24,450 $5,210 $19,240
2021 $1,485 $25,160 $5,360 $19,800
2020 $1,671 $24,620 $4,610 $20,010
2019 $1,662 $24,620 $4,610 $20,010
2018 $1,631 $22,230 $4,210 $18,020
2017 $1,545 $22,230 $4,210 $18,020
2016 $1,242 $21,430 $4,140 $17,290
2015 $1,238 $21,430 $4,140 $17,290
2014 $1,172 $19,480 $4,140 $15,340
Source: Public Records

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