NOT LISTED FOR SALE

Estimated Value: $400,000 - $407,300

4 Beds
2 Baths
1,147 Sq Ft
$351/Sq Ft Est. Value

About This Home

This home is located at 5040 Portrait Place, Colorado Springs, CO 80917 and is currently estimated at $402,575, approximately $350 per square foot. 5040 Portrait Place is a home located in El Paso County with nearby schools including Rudy Elementary School, Sabin Middle School, and Doherty High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Clark James Frederick and Clark Alyssa Nicole
Bought by
Clark James F and Clark Hwa C
Current Estimated Value
$402,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$159,717
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$244,860

Purchase Details

Closed on
Feb 15, 2013
Sold by
Merrifield Brian L
Bought by
Clark Alyssa Nicole and Clark James Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,698
Interest Rate
3.38%
Mortgage Type
VA

Purchase Details

Closed on
Sep 15, 1997
Sold by
Howard James R
Bought by
Merrifield Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,677
Interest Rate
7.48%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1981
Bought by
Clark Alyssa Nicole
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
Clark James F $210,000 Legacy Title Group Llc
Clark Alyssa Nicole $172,000 Empire Title Co Springs Llc
Merrifield Brian L $116,950 1St United Title
Clark Alyssa Nicole -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark James F $180,000
Previous Owner Clark Alyssa Nicole $175,698
Previous Owner Merrifield Brian L $115,677
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 $1,306 $27,660 -- --
2024 $1,193 $27,920 $4,400 $23,520
2023 $1,193 $27,920 $4,400 $23,520
2022 $1,147 $20,490 $3,340 $17,150
2021 $1,243 $21,070 $3,430 $17,640
2020 $1,148 $16,910 $2,970 $13,940
2019 $1,142 $16,910 $2,970 $13,940
2018 $1,053 $14,350 $2,590 $11,760
2017 $997 $14,350 $2,590 $11,760
2016 $765 $13,190 $2,170 $11,020
2015 $762 $13,190 $2,170 $11,020
2014 $715 $11,890 $2,170 $9,720
Source: Public Records

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