5480 Flag Way Colorado Springs, CO 80919
Pinon Valley NeighborhoodEstimated payment $2,958/month
Highlights
- Views of Pikes Peak
- Property is near a park
- Wood Flooring
- Chipeta Elementary School Rated A-
- Vaulted Ceiling
- 5-minute walk to Pinon Valley Park
About This Home
Large Family Home located in the Beautiful Pinon Valley neighborhood, this 3064 sq ft home offers 4 bedrooms, 4 bathrooms, 3+ living areas, a 2 car garage and tasteful landscaping. The upper level offers a large master suite with beautiful views of Ute Valley Park, a 5-piece master bath with a deep soaking tub and a walk-in closet, Also, on the upper level are 2 more spacious bedrooms and a full bathroom. The main level offers a bright open vaulted Great Room style living room and dining room with a walk-out to the tastefully landscaped backyard. The bright and open kitchen offers lots of cabinet space, a pantry, kitchen island, kitchen nook, appliances and adjoining family room with a brick gas log fireplace. The basement offers the 4th bedroom, a full bath and family/rec room large enough to separate into 2 rooms, theater etc: This home offers views of Pikes Peak, as well mountain and rock formation views. Located in walking distance to church, schools, Pinon Valley and Ute Valley Parks.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,041
Year Built
- Built in 2000
Lot Details
- 7,322 Sq Ft Lot
- Back Yard Fenced
- Landscaped
- Sloped Lot
HOA Fees
- $160 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
- Garage Door Opener
- Driveway
Property Views
- Pikes Peak
- Mountain
- Rock
Home Design
- Brick Exterior Construction
- Shingle Roof
- Masonite
Interior Spaces
- 3,064 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Fireplace Features Masonry
- Gas Fireplace
- Basement Fills Entire Space Under The House
Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Soaking Tub
Laundry
- Dryer
- Washer
Outdoor Features
- Concrete Porch or Patio
Location
- Property is near a park
- Property is near public transit
- Property near a hospital
- Property is near schools
- Property is near shops
Schools
- Chipeta Elementary School
- Holmes Middle School
- Coronado High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Foothills
Recreation
- Hiking Trails
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,041 | $38,140 | -- | -- |
| 2024 | $1,921 | $41,180 | $5,970 | $35,210 |
| 2023 | $1,921 | $41,180 | $5,970 | $35,210 |
| 2022 | $1,739 | $31,080 | $5,390 | $25,690 |
| 2021 | $1,887 | $31,970 | $5,540 | $26,430 |
| 2020 | $2,046 | $30,150 | $4,830 | $25,320 |
| 2019 | $2,035 | $30,150 | $4,830 | $25,320 |
| 2018 | $1,867 | $25,450 | $4,140 | $21,310 |
| 2017 | $1,769 | $25,450 | $4,140 | $21,310 |
| 2016 | $1,477 | $25,470 | $4,350 | $21,120 |
| 2015 | $1,471 | $25,470 | $4,350 | $21,120 |
| 2014 | $1,445 | $24,020 | $3,130 | $20,890 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2025 11/24/25 | For Sale | $499,000 | -- | $163 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Unified Title Company | |
| Warranty Deed | $285,000 | Land Title | |
| Warranty Deed | $244,300 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,000 | Unknown | |
| Previous Owner | $194,850 | No Value Available | |
| Closed | $25,000 | No Value Available |
Source: Pikes Peak REALTOR® Services
MLS Number: 4186672
APN: 73232-02-083
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