$275,999
SOLD JUL 18, 2025

5035 Lanagan St Colorado Springs, CO 80919

Mountain Shadows Neighborhood
2.25 Acres
$122,666 Price per Acre
98,010 Sq Ft Lot

Recently Sold

34% Below List Price

292 Days on Market

Highlights

  • City View
  • 2.25 Acre Lot
  • Cul-De-Sac
  • Chipeta Elementary School Rated A-

About This Lot

As of July 2025

Build your custom dream home on this spacious 2+ acre home site with breathtaking mountain and city views. This property offers numerous benefits and possibilities for creating a truly unique and personalized living space. The property's location with expansive mountain and city views will significantly enhance your living experience. The views will provide a sense of tranquility, beauty, and connection with nature, all while being close to nearby amenities. You’ll also have ample space for landscaping, outdoor living areas, gardens, and potentially even additional structures like a guesthouse, pool, or workshop. Given the open space available, you might have the chance to implement sustainable features such as solar panels, rainwater harvesting systems, and energy-efficient designs that align with environmental values.

Last Agent to Sell the Property

George Nehme

LIV Sotheby's International Realty CO Springs Brokerage Phone: (719) 578-8800 Listed on: 09/05/2024

LIV Sotheby's International Realty CO Springs

Last Buyer's Agent

Michael Hensley

The Cutting Edge

The Cutting Edge

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,712

Lot Details

  • 2.25 Acre Lot
  • Cul-De-Sac
  • Sloped Lot

Property Views

  • City
  • Mountain

Utilities

  • Water Not Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,712

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Attribution Contact: (719) 578-8800
  • Lot Land Type: Vacant Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Type: City View, Cul-de-sac, Mountain View, Sloping
  • Topography: See Prop Desc Remarks

Utilities

  • Hot Water: None

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Colorado Springs 11
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 2.2500
  • Lot Size: 98010.0000

Tax Info

  • Flip Tax Amount: 2711.73
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Jul 18, 2025
Sold by
Patricia Gaye Shaffer Revocable Trust
Bought by
El-Khoury Bashir
Seller's Agent
George Nehme
LIV Sotheby's International Realty CO Springs
Buyer's Agent
Michael Hensley
The Cutting Edge
List Price
$419,019
Sold Price
$275,999
Premium/Discount to List
-$143,020
-34.13%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5963.11%
Original Mortgage
$224,343
Outstanding Balance
$224,343
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$87,825

Purchase Details

Closed on
Mar 8, 2024
Sold by
Shaffer Kelly Michael and Shaffer Patricia Gaye
Bought by
Patricia Gaye Shaffer Revocable Trust

Purchase Details

Closed on
Oct 30, 2020
Sold by
Renner Daniel M
Bought by
Shaffer Kelly Michael and Shaffer Patricia Gaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,637
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2016
Sold by
Page Ronald M and Page Patricia A
Bought by
Renner Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 9, 1994
Sold by
Ridge Subdivisions Llc
Bought by
Page Ronald M and Page Patricia A

Purchase Details

Closed on
Mar 31, 1992
Bought by
Renner Daniel M

Purchase Details

Closed on
Jun 21, 1991
Bought by
Renner Daniel M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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 Type Sale Price Title Company
Warranty Deed $275,999 Land Title Guarantee Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $205,000 Land Title Guarantee Company
Warranty Deed $156,000 Unified Title Co Inc
Warranty Deed -- --
Deed $84,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,343 New Conventional
Previous Owner $167,637 Commercial
Previous Owner $140,400 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $275,999 -13.7% --
06/25/2025 06/25/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $319,991 -20.0% --
03/19/2025 03/19/25 Price Changed $399,911 -4.6% --
09/05/2024 09/05/24 For Sale $419,019 -- --
Source: Pikes Peak REALTOR® Services

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 $3,562 $66,800 -- --
2024 $3,525 $64,340 $64,340 --
2023 $3,525 $64,340 $64,340 --
2022 $2,712 $48,460 $48,460 $0
2021 $2,860 $48,460 $48,460 $0
2020 $2,990 $44,050 $44,050 $0
2019 $2,974 $44,050 $44,050 $0
2018 $2,754 $37,530 $37,530 $0
2017 $2,608 $37,530 $37,530 $0
2016 $1,892 $32,630 $32,630 $0
2015 $1,884 $32,630 $32,630 $0
2014 $1,817 $30,190 $30,190 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    George Nehme

    LIV Sotheby's International Realty CO Springs

  • M

    Buyer's Agent in 2025

    Michael Hensley

    The Cutting Edge

See All Agents

Map

Source: Pikes Peak REALTOR® Services

MLS Number: 9500560

Pikes Peak REALTOR® Services

APN: 73222-01-016

Colorado El Paso County Colorado Springs 80919 Mountain Shadows

5035 Lanagan St, Colorado Springs, CO

This home is located at 5035 Lanagan St, Colorado Springs, CO 80919 and is currently priced at $275,999. 5035 Lanagan St is a home located in El Paso County with nearby schools including Chipeta Elementary School, Holmes Middle School, and Coronado 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.

Pikes Peak REALTOR® Services IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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