NOT LISTED FOR SALE

5215 Teardrop Place Colorado Springs, CO 80917

Village Seven Neighborhood

Estimated Value: $416,000 - $444,000

3 Beds
2.5 Baths
2,248 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $370,000 $165 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,400/month

39 Days on Market

Highlights

  • Cul-De-Sac
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • Fireplace
  • Shed
  • Forced Air Heating System

About This Home

As of December 2022

Check out this centrally located 3 bed, 3 bath home that's waiting for your personal touches and updating. As you enter you'll find a large living room, kitchen and dining area on the main level, upstairs are 2 bedrooms and a shared bath which adjoins the huge master bedroom. On the lower level is the family room, laundry, a half bath and sliding glass door to the rear patio and large fenced back yard with storage shed. The basement has a second family room, 3rd bedroom and another full bath. New furnace in October 2020, new water heater in April 2021 and new roof October 2022.

Last Agent to Sell the Property

Blaze Panariso

RE/MAX Real Estate Group LLC Listed on: 09/09/2022

RE/MAX Real Estate Group LLC

Last Buyer's Agent

Eric Councill

Summit Ridge Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1972

Lot Details

  • 8,398 Sq Ft Lot
  • Cul-De-Sac
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tri-Level Property
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,248 Sq Ft Home
  • Fireplace
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Dryer Hookup

Outdoor Features

  • Shed

Schools

  • Penrose Elementary School
  • Sabin Middle School
  • Mitchell High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Phone Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,367

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Total Bathrooms: 3
  • LaundryFacilites: Electric Hook-up, Lower
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 588
  • Fill Sq Ft Total: 2248
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Appliances: 220v in Kitchen, Dishwasher, Range, Refrigerator
  • Basement Percentage Finished: 100
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Type: Lower Level, One, Wood Burning
  • Floor Plan: Tri-Level
  • Flooring: Carpet, Ceramic Tile, Vinyl/Linoleum
  • MainFloorBedroomYN: No
  • Finished Sq Ft: 2248
  • Sq Ft Lower Floor: 423
  • Sq Ft Total Bsmt: 588

Exterior Features

  • New Construction: Existing Home
  • Fence: Rear
  • Foundation Details: Full Basement
  • Lot Type: Cul-de-sac
  • Out Buildings: Storage Shed
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Framed on Lot

Garage/Parking

  • Driveway: Concrete
  • GarageAmenitities: Garage Door Opener
  • Garage Spaces: 2
  • Garage Type: Attached

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas, Telephone
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Colorado Springs 11
  • Elementary School: Penrose
  • Middle School: Sabin
  • High School: Mitchell
  • Elementary School: Penrose
  • High School: Mitchell
  • Middle Or Junior School: Sabin
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1928
  • Lot Size: 8400.0000

Tax Info

  • Flip Tax Amount: 1366.63
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Dec 5, 2022
Sold by
Malitz Brian E
Bought by
Dreifort Robert and Demars Mary
Seller's Agent
Blaze Panariso
RE/MAX Real Estate Group LLC
Buyer's Agent
Eric Councill
Summit Ridge Group LLC
List Price
$410,000
Sold Price
$370,000
Premium/Discount to List
-$40,000
-9.76%
Views
1
Current Estimated Value
$430,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,221
Avg. Annual Appreciation
5.24%
Original Mortgage
$358,900
Outstanding Balance
$348,843
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$78,512

Purchase Details

Closed on
Aug 1, 1984
Bought by
Malitz Brian E and Malitz Nancy P

Purchase Details

Closed on
Apr 1, 1974
Bought by
Malitz Brian E and Malitz Nancy P
Source: Public Records

Range of Values:

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Average Value
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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
Dreifort Robert $370,000 Land Title
Malitz Brian E -- --
Malitz Brian E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dreifort Robert $358,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Off Market $370,000 -- --
12/05/2022 12/05/22 Sold $370,000 -1.3% $165 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/10/2022 10/10/22 Price Changed $375,000 -5.1% $167 / Sq Ft
09/26/2022 09/26/22 Price Changed $395,000 -3.7% $176 / Sq Ft
09/09/2022 09/09/22 For Sale $410,000 -- $182 / Sq Ft
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 $1,426 $30,000 -- --
2024 $1,312 $30,080 $5,490 $24,590
2023 $1,312 $30,080 $5,490 $24,590
2022 $1,260 $22,510 $4,170 $18,340
2021 $1,367 $23,160 $4,290 $18,870
2020 $1,405 $20,700 $3,720 $16,980
2019 $1,397 $20,700 $3,720 $16,980
2018 $1,302 $17,750 $3,240 $14,510
2017 $1,234 $17,750 $3,240 $14,510
2016 $958 $16,530 $2,710 $13,820
2015 $955 $16,530 $2,710 $13,820
2014 $921 $15,300 $2,710 $12,590
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Blaze Panariso

    RE/MAX

    (719) 599-8500

    3 in this area

    36 Total Sales

    Blaze Panariso
    Section Image

  • E

    Buyer's Agent in 2022

    Eric Councill

    Summit Ridge Group LLC

    (719) 200-7697

    2 in this area

    62 Total Sales

    Eric Councill
    Section Image
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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 5078920

Pikes Peak REALTOR® Services

APN: 63362-10-021

Colorado El Paso County Colorado Springs 80917 Village Seven

5215 Teardrop Place, Colorado Springs, CO

This home is located at 5215 Teardrop Place, Colorado Springs, CO 80917 since 09 September 2022 and is currently estimated at $430,221, approximately $191 per square foot. This property was built in 1972. 5215 Teardrop Place is a home located in El Paso County with nearby schools including Penrose Elementary School, Sabin Middle School, and Mitchell 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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