NOT LISTED FOR SALE

5510 Flag Way Colorado Springs, CO 80919

Pinon Valley Neighborhood

Estimated Value: $577,816 - $591,000

5 Beds
3 Baths
2,484 Sq Ft
$235/Sq Ft Est. Value

About This Home

This home is located at 5510 Flag Way, Colorado Springs, CO 80919 and is currently estimated at $584,954, approximately $235 per square foot. 5510 Flag Way is a home located in El Paso County with nearby schools including Chipeta Elementary School, Holmes Middle School, and Coronado High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Matthew Nilan
Bought by
Folken Andrew and Folken Alison
Current Estimated Value
$584,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$422,632
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$168,866

Purchase Details

Closed on
Sep 11, 2018
Sold by
Beard Family Revocable Living Trust
Bought by
Nilan Matthew and Nilan Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,164
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Oct 23, 2012
Sold by
Beard Jeffrey C and Beard Camille H
Bought by
The Beard Family Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,350
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2001
Sold by
Lifestyle Builders Inc
Bought by
Beard Jeffrey C and Beard Camille H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
7%

Purchase Details

Closed on
Nov 7, 2000
Sold by
Timberview Llc
Bought by
Lifestyle Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.86%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Folken Andrew $550,000 None Listed On Document
Nilan Matthew $396,093 Land Title Guarantee Co
The Beard Family Revocable Living Trust -- None Available
Beard Jeffrey C -- None Available
Beard Jeffrey C $214,999 --
Lifestyle Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folken Andrew $440,000
Previous Owner Nilan Matthew $404,168
Previous Owner Nilan Matthew $399,191
Previous Owner Nilan Matthew $409,164
Previous Owner Beard Jeffrey C $164,350
Previous Owner The Beard Family Revocable Trust $63,000
Previous Owner Beard Jeffrey C $50,000
Previous Owner Beard Jeffrey C $200,000
Previous Owner Beard Jeffrey C $25,000
Previous Owner Beard Jeffrey C $220,000
Previous Owner Beard Jeffrey C $47,500
Previous Owner Beard Jeffrey C $171,900
Previous Owner Lifestyle Builders Inc $165,000
Closed Beard Jeffrey C $32,200
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 $1,800 $37,230 -- --
2024 $1,683 $36,850 $5,970 $30,880
2023 $1,683 $36,850 $5,970 $30,880
2022 $1,744 $31,170 $5,390 $25,780
2021 $1,892 $32,060 $5,540 $26,520
2020 $2,123 $31,280 $4,830 $26,450
2019 $2,112 $31,280 $4,830 $26,450
2018 $1,937 $26,400 $4,140 $22,260
2017 $1,835 $26,400 $4,140 $22,260
2016 $1,532 $26,430 $4,350 $22,080
2015 $1,245 $21,550 $4,350 $17,200
2014 $1,223 $20,330 $3,130 $17,200
Source: Public Records

Map

Colorado El Paso County Colorado Springs 80919 Pinon Valley

5510 Flag Way, Colorado Springs, CO

This home is located at 5510 Flag Way, Colorado Springs, CO 80919 and is currently estimated at $584,954, approximately $235 per square foot. 5510 Flag Way is a home located in El Paso County with nearby schools including Chipeta Elementary School, Holmes Middle School, and Coronado 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.

Nearby Homes