NOT LISTED FOR SALE

Estimated Value: $732,000 - $811,185

3 Beds
5 Baths
2,945 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 550 Mission Hill Way, Colorado Springs, CO 80921 and is currently estimated at $763,546, approximately $259 per square foot. 550 Mission Hill Way is a home located in El Paso County with nearby schools including Antelope Trails Elementary School, Discovery Canyon Campus Middle School, and Discovery Canyon Campus High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Burroughs John Robert
Bought by
Burroughs John Robert and Payton Melissa Kay
Current Estimated Value
$763,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$433,898
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$327,027

Purchase Details

Closed on
May 1, 2020
Sold by
Gresham James L and Gresham Kimberlee C
Bought by
Burroughs John Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
Willcox Robert J and Willcox Rosemary
Bought by
Gresham James L and Gresham Kimberlee C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1997
Sold by
Bank Of New York
Bought by
Willcox Robert J and Willcox Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
8.1%

Purchase Details

Closed on
Feb 13, 1997
Sold by
Reed Robert J and Reed James E
Bought by
Bank Of New York

Purchase Details

Closed on
Oct 31, 1995
Sold by
Reed Robert J and Reed James E
Bought by
Reed Robert J

Purchase Details

Closed on
May 22, 1995
Sold by
Reed Robert J
Bought by
Reed Robert J and Reed James E

Purchase Details

Closed on
Mar 23, 1995
Sold by
Reed James E
Bought by
Reed Robert J

Purchase Details

Closed on
Dec 12, 1994
Sold by
Reed Robert J and Reed James E
Bought by
Reed James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
9%

Purchase Details

Closed on
May 7, 1993
Bought by
Gresham Kimberlee C

Purchase Details

Closed on
Jan 7, 1993
Bought by
Gresham Kimberlee C
Source: Public Records

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
Burroughs John Robert -- Land Title Guarantee Company
Burroughs John Robert $510,000 Fidelity National Title
Gresham James L $365,950 Fidelity National Title Insu
Gresham James L $365,950 Fidelity National Title Insu
Willcox Robert J $228,000 First American
Bank Of New York -- --
Reed Robert J -- --
Reed Robert J -- First American Title
Reed Robert J -- First American Title
Reed James E -- First American
Gresham Kimberlee C $211,400 --
Gresham Kimberlee C $40,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burroughs John Robert $480,000
Closed Burroughs John Robert $484,500
Previous Owner Gresham James L $287,000
Previous Owner Willcox Robert J $40,000
Previous Owner Willcox Robert J $213,000
Previous Owner Willcox Robert $205,000
Previous Owner Willcox Robert J $194,000
Previous Owner Willcox Robert J $182,400
Previous Owner Reed James E $192,500
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
2025 $4,196 $51,150 -- --
2024 $4,305 $47,710 $11,420 $36,290
2023 $4,305 $47,710 $11,420 $36,290
2022 $4,128 $39,290 $9,590 $29,700
2021 $4,442 $40,420 $9,870 $30,550
2020 $4,282 $37,250 $8,290 $28,960
2019 $4,253 $37,250 $8,290 $28,960
2018 $3,412 $29,550 $8,060 $21,490
2017 $3,404 $29,550 $8,060 $21,490
2016 $2,686 $26,760 $6,020 $20,740
2015 $2,682 $26,760 $6,020 $20,740
2014 $2,418 $24,110 $6,020 $18,090
Source: Public Records

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