NOT LISTED FOR SALE

5220 Teardrop Place Colorado Springs, CO 80917

Village Seven Neighborhood

Estimated Value: $419,000 - $477,000

4 Beds
3 Baths
1,214 Sq Ft
$366/Sq Ft Est. Value

About This Home

This home is located at 5220 Teardrop Place, Colorado Springs, CO 80917 and is currently estimated at $444,344, approximately $366 per square foot. 5220 Teardrop Place is a home located in El Paso County with nearby schools including Penrose Elementary School, Sabin Middle School, and Mitchell High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Gilstrap Diane Liza
Bought by
Brown Ian P and Brown Katie J
Current Estimated Value
$444,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,360
Outstanding Balance
$293,364
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$150,980

Purchase Details

Closed on
Oct 31, 2011
Sold by
Gonzalez James and Gonzalez Theresa M
Bought by
Gilstrap Diane Liza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,741
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2005
Sold by
Bailey Craig E and Bailey Jill A
Bought by
Gonzales E James and Gonzales Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 22, 1991
Bought by
Gilstrap Diane Liza

Purchase Details

Closed on
Oct 1, 1981
Bought by
Gilstrap Diane Liza

Range of Values:

Collateral Analytics

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ICE

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First American

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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 Buyer Sale Price Title Company
Brown Ian P $320,000 Empire Title Co Springs Llc
Gilstrap Diane Liza $168,000 Land Title Guarantee Company
Gonzales E James $195,500 Stewart Title
Gilstrap Diane Liza $87,900 --
Gilstrap Diane Liza -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Ian P $327,360
Previous Owner Gilstrap Diane Liza $31,790
Previous Owner Gilstrap Diane Liza $163,741
Previous Owner Gonzales Theresa M $10,000
Previous Owner Gonzales Theresa M $15,000
Previous Owner Gonzales E James $173,000
Previous Owner Bailey Craig $160,000
Previous Owner Bailey Craig E $156,567
Previous Owner Bailey Craig E $150,460
Previous Owner Bailey Craig E $67,500
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
2024 $1,335 $30,500 $5,490 $25,010
2023 $1,335 $30,500 $5,490 $25,010
2022 $1,252 $22,370 $4,170 $18,200
2021 $1,358 $23,020 $4,290 $18,730
2020 $1,327 $19,550 $3,720 $15,830
2019 $1,320 $19,550 $3,720 $15,830
2018 $1,231 $16,770 $3,240 $13,530
2017 $1,165 $16,770 $3,240 $13,530
2016 $902 $15,560 $2,710 $12,850
2015 $899 $15,560 $2,710 $12,850
2014 $867 $14,410 $2,710 $11,700
Source: Public Records

Map

Colorado El Paso County Colorado Springs 80917 Village Seven

5220 Teardrop Place, Colorado Springs, CO

Homes for Sale in Colorado Springs, CO

This home is located at 5220 Teardrop Place, Colorado Springs, CO 80917 and is currently estimated at $444,344, approximately $366 per square foot. 5220 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.

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