NOT LISTED FOR SALE

5257 Palomino Ranch Point Colorado Springs, CO 80922

Stetson Hills Neighborhood

Estimated Value: $391,982

2 Beds
2.5 Baths
2,084 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $399,000 $191 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,432/month

106 Days on Market

Highlights

  • New Construction
  • 1 Car Detached Garage
  • Landscaped
  • End Unit
  • Concrete Porch or Patio
  • Ceiling height of 9 feet or more

About This Home

As of February 2024

Very unique townhome w/main level office and laundry, an upper level master suite, along with two bedrooms, and a full bathroom. Full unfinished basement for tons of storage so you can actually park your car in the garage! These beautiful townhomes are loaded with features to include 9" ceiling on the main level, granite counters throughout, stucco and stone exteriors. Enter through the covered front porch to the spacious living room w/9' ceiling. Great kitchen w/granite counters, undermount single bowl sink, 42" upper cabinets and large pantry. Just off the living room in the front is an office with a large window that can be upgraded to a bedroom if needed. The main level also has a guest bath and laundry room. The upper level master suite features a walk in closet and a bath w/double vanity and a large shower. The full unfinished basement has 700 sqft of storage. There is a 1 car detached garage included that will be assigned.

Last Agent to Sell the Property

Darrell Wass

RE/MAX Advantage Realty, Inc. Listed on: 11/14/2023

RE/MAX Advantage Realty, Inc.

Co-Listed By

Thomas Hoang

RE/MAX Integrity License #FA100084349

Last Buyer's Agent

Namati Katungu

CredoTrust Real Estate Group, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $154

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,346 Sq Ft Lot
  • End Unit
  • Landscaped

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Electric Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Plumbed For Gas In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Remote Devices
  • Concrete Porch or Patio

Community Details

  • Association fees include covenant enforcement, management, snow removal, trash removal
  • Built by MasterBilt Homes, Inc

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$154

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$185 per month

Parking

1

Listing Details

  • Total Bathrooms: 3
  • LaundryFacilites: Electric Hook-up, Main
  • Property Attached Yn: Yes
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Sq Ft MainFloor: 702
  • Fill Sq Ft Total: 2084
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Alley: Paved
  • Appliances: Dishwasher, Disposal, Gas in Kitchen, Microwave Oven, Range, Self Cleaning Oven
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Type: None
  • Floor Plan: 2 Story
  • Flooring: Carpet, Vinyl/Linoleum
  • Interior Amenities: 9Ft + Ceilings
  • MainFloorBedroomYN: No
  • Finished Sq Ft: 1382
  • Sq Ft Total Bsmt: 702

Exterior Features

  • Builder Name: MasterBilt Homes, Inc
  • New Construction: New Construction
  • Foundation Details: Full Basement
  • Landscaped: All
  • Lot Type: Level
  • PatioDesc: Concrete
  • Roof: Composite Shingle
  • Exterior Construction: Stone, Stucco
  • Structure: Frame

Garage/Parking

  • GarageAmenitities: Garage Door Opener
  • Number Of Garage Remotes: 1
  • Garage Spaces: 1
  • Garage Type: Detached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee: 185.00
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Covenant Enforcement, Management, Snow Removal, Trash Removal

Schools

  • School District: Falcon-49
  • School District: Falcon-49

Lot Info

  • Program Acres Total: 0.0309
  • Lot Size: 1348.0000

Tax Info

  • Flip Tax Amount: 153.53
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Feb 29, 2024
Sold by
Masterbilt Homes Inc
Bought by
Gawugbey Frank M
Seller's Agent
Darrell Wass
RE/MAX Advantage Realty, Inc.
Buyer's Agent
Namati Katungu
CredoTrust Real Estate Group, LLC
List Price
$425,000
Sold Price
$399,000
Premium/Discount to List
-$26,000
-6.12%
Views
77
Current Estimated Value
$391,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,018
Avg. Annual Appreciation
-0.54%
Original Mortgage
$407,578
Outstanding Balance
$401,552
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
-$5,745

Purchase Details

Listed on
Nov 14, 2023
Closed on
Feb 28, 2024
Sold by
Palomino Ranch At Stetson Hills Llc
Bought by
Matthew Homes Inc
Seller's Agent
Darrell Wass
RE/MAX Advantage Realty, Inc.
Buyer's Agent
Namati Katungu
CredoTrust Real Estate Group, LLC
List Price
$425,000
Sold Price
$399,000
Premium/Discount to List
-$26,000
-6.12%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,578
Outstanding Balance
$401,552
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
-$5,745
Source: Public Records

Range of Values:

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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
Gawugbey Frank M $399,000 Land Title
Matthew Homes Inc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gawugbey Frank M $407,578
Previous Owner Master Bill Homes Inc $308,296
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Off Market $409,900 -- --
02/29/2024 02/29/24 Sold $399,000 -2.7% $191 / Sq Ft
01/31/2024 01/31/24 Price Changed $409,900 -3.6% $197 / Sq Ft
11/14/2023 11/14/23 For Sale $425,000 -- $204 / 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 $1,329 $27,310 -- --
2024 $1,094 $24,950 $3,890 $21,060
2023 $1,094 $22,840 $3,890 $18,950
2022 $362 $5,830 $5,830 $0
2021 $154 $2,440 $2,440 $0
2020 $120 $1,890 $1,890 $0
2019 $95 $1,510 $1,510 $0
Source: Public Records

Agents Affiliated with this Home

  • Darrell Wass

    Seller's Agent in 2024

    Darrell Wass

    RE/MAX

    (719) 216-2165

    12 in this area

    311 Total Sales

    Darrell Wass
    Section Image
  • Thomas Hoang

    Seller Co-Listing Agent in 2024

    Thomas Hoang

    RE/MAX

    2 in this area

    32 Total Sales

    Thomas Hoang
    Section Image

  • N

    Buyer's Agent in 2024

    Namati Katungu

    CredoTrust Real Estate Group, LLC

    (719) 231-5174

    1 in this area

    23 Total Sales

    Namati Katungu
    Section Image
See All Agents

Map

Source: Pikes Peak REALTOR® Services

MLS Number: 1100533

Pikes Peak REALTOR® Services

APN: 53192-03-112

Colorado El Paso County Colorado Springs 80922 Stetson Hills

5257 Palomino Ranch Point, Colorado Springs, CO

This home is located at 5257 Palomino Ranch Point, Colorado Springs, CO 80922 since 14 November 2023 and is currently priced at $391,982, approximately $188 per square foot. This property was built in 2022. 5257 Palomino Ranch Point is a home located in El Paso County with nearby schools including Odyssey Elementary School, Skyview Middle School, and Vista Ridge 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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