Palomino Ranch Condominiums 5378 Palomino Ranch Point Unit 303 Colorado Springs, CO 80922
Stetson Hills Neighborhood
2
Beds
2
Baths
1,255
Sq Ft
$379/mo
HOA Fee
Highlights
- Property is near public transit
- Main Floor Bedroom
- 1 Car Detached Garage
- Vaulted Ceiling
- Covered patio or porch
- Landscaped
About This Home
As of July 2025Experience Perfection!
This impeccably maintained condo shines with pride of ownership. Located on the third floor, the unit faces east, basking in morning sunlight and offering maintenance-free living at its best. Inside, the open-concept living area and vaulted ceilings create a spacious atmosphere, making it feel more like a single-family home than a condo.
The kitchen is a chef’s dream, featuring matte-finished stainless steel GE appliances, granite countertops, and luxury vinyl flooring. It seamlessly connects to the dining area and living room, allowing you to stay engaged with guests while preparing meals.
The primary bedroom is generously sized, boasting an ensuite bathroom with double vanities and a soaking tub. Storage is abundant with a large walk-in closet, a linen closet, and an additional closet under the staircase. The secondary bedroom also features an ensuite bathroom, which doubles as a guest bath, and a walk-in closet. Positioned on the opposite side of the living room, it offers complete privacy.
The versatile upstairs loft can serve as an office, hobby room, reading nook, or anything you desire. A spacious laundry room, located just off the main entry, includes storage shelving and houses the water heater and furnace.
Enjoy Colorado's beautiful weather from the comfort of your covered balcony. Living here is effortless, with snow removal, trash removal, and exterior maintenance all included. The detached one-car garage protects your vehicle year-round, and there is ample parking for guests.
Shopping, dining, and entertainment are all within walking distance, with public transportation conveniently stopping just outside the complex entrance. Schedule a tour today and take the first step toward making this exquisite condo your new home!
Last Agent to Sell the Property
Corcoran Perry & Co. Brokerage Phone: 303-399-7777 Listed on: 03/07/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $931
Year Built
- Built in 2006
HOA Fees
- $379 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Slab Foundation
- Shingle Roof
- Masonite
Interior Spaces
- 1,255 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Location
- Property is near public transit
- Property is near schools
- Property is near shops
Schools
- Odyssey Elementary School
- Skyview Middle School
- Vista Ridge High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- 220 Volts in Kitchen
Additional Features
- Remote Devices
- Covered patio or porch
- Landscaped
Community Details
- Association fees include common utilities, covenant enforcement, insurance, lawn, ground maintenance, management, snow removal, trash removal, water
- On-Site Maintenance
- Greenbelt
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2025
Closed on
Jul 7, 2025
Sold by
Schmidt Ramona
Bought by
Martin Michael
Seller's Agent
Sean Andrews
Corcoran Perry & Co.
Buyer's Agent
Drew Terry
Exp Realty LLC
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Views
92
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.54%
Original Mortgage
$220,218
Outstanding Balance
$220,218
Interest Rate
6.86%
Mortgage Type
VA
Estimated Equity
$77,539
Purchase Details
Closed on
Oct 2, 2020
Sold by
Johnson Kenneth L and Johnson Theresa S
Bought by
Schmidt Ramona
Purchase Details
Closed on
Sep 26, 2018
Sold by
Kociuba Lyudmyla and Kociuba Wladyslaw
Bought by
Johnson Kenneth L and Johnson Theresa S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2017
Sold by
Morales Sylvia M
Bought by
Kociuba Lyudmyla and Kociuba Wladyslaw
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 2007
Sold by
Stetson Ridge Condominiums Llc
Bought by
Morales Sylvia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,196
Interest Rate
6.16%
Mortgage Type
New Conventional
Similar Homes in Colorado Springs, CO
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $290,000 | Land Title Guarantee Company | |
| Warranty Deed | $229,500 | Empire Title Co Springs Llc | |
| Warranty Deed | $205,000 | National 1 Source Inc | |
| Warranty Deed | $145,000 | Land Title Guarantee | |
| Special Warranty Deed | $156,495 | Security Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,218 | VA | |
| Previous Owner | $142,500 | New Conventional | |
| Previous Owner | $116,000 | New Conventional | |
| Previous Owner | $115,000 | New Conventional | |
| Previous Owner | $125,196 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $290,000 | -3.3% | $231 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | For Sale | $300,000 | 0.0% | $239 / Sq Ft |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $300,000 | -- | $239 / Sq Ft |
Source: Pikes Peak REALTOR® Services
Tax History Compared to Growth
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 | $931 | $19,910 | -- | -- |
| 2024 | $831 | $18,740 | $3,890 | $14,850 |
| 2023 | $831 | $18,740 | $3,890 | $14,850 |
| 2022 | $911 | $14,650 | $2,330 | $12,320 |
| 2021 | $949 | $15,080 | $2,400 | $12,680 |
| 2020 | $759 | $11,920 | $1,860 | $10,060 |
| 2019 | $751 | $11,920 | $1,860 | $10,060 |
| 2018 | $691 | $10,760 | $1,550 | $9,210 |
| 2017 | $694 | $10,760 | $1,550 | $9,210 |
| 2016 | $726 | $11,100 | $1,670 | $9,430 |
| 2015 | $726 | $11,100 | $1,670 | $9,430 |
| 2014 | -- | $11,290 | $1,670 | $9,620 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Andrews
S
Seller's Agent in 2025
Sean Andrews
Corcoran Perry & Co.
(719) 290-8208
2 in this area
17 Total Sales
-
Drew Terry
D
Buyer's Agent in 2025
Drew Terry
Exp Realty LLC
(719) 920-7099
11 Total Sales
About Palomino Ranch Condominiums
Map
Source: Pikes Peak REALTOR® Services
MLS Number: 8197760
APN: 53192-03-033
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