NOT LISTED FOR SALE

Estimated Value: $585,000 - $620,333

4 Beds
4 Baths
2,002 Sq Ft
$304/Sq Ft Est. Value

About This Home

This home is located at 5520 Flag Way, Colorado Springs, CO 80919 and is currently estimated at $609,333, approximately $304 per square foot. 5520 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
Jun 19, 2019
Sold by
Black Gabriel B and Black Rebecca H
Bought by
Carrel Jason E and Carrel Lrina A
Current Estimated Value
$609,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$258,498
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$350,835

Purchase Details

Closed on
Mar 22, 2010
Sold by
The Beard Family Revocable Living Trust
Bought by
Black Gabriel B and Black Rebecca H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,400
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2006
Sold by
Beard Jeffrey C and Beard Camille H
Bought by
The Beard Family Revocable Living Trust

Purchase Details

Closed on
Jul 21, 2003
Sold by
Muvva Srikrishna P
Bought by
Muvva Srikrishna P and Nallamothu Jayaram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2003
Sold by
Nallamothu Jayaram
Bought by
Muvva Srikrishna P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2001
Sold by
Lifestyle Builders Inc
Bought by
Muvva Srikrishna P and Nallamothu Jayaram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,350
Interest Rate
6.89%
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.

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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.

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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
Carrel Jason E $420,000 Empire Title Co Springs Llc
Black Gabriel B $315,500 Capital Title
The Beard Family Revocable Living Trust -- None Available
The Beard Family Revocable Living Trust -- None Available
Muvva Srikrishna P -- --
Muvva Srikrishna P -- --
Muvva Srikrishna P $239,266 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrel Jason E $294,000
Previous Owner Black Gabriel B $252,400
Previous Owner Muvva Srikrishna P $220,000
Previous Owner Muvva Srikrishna P $227,350
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 $2,026 $37,890 -- --
2024 $1,906 $40,920 $5,970 $34,950
2023 $1,906 $40,920 $5,970 $34,950
2022 $1,736 $31,020 $5,390 $25,630
2021 $1,883 $31,910 $5,540 $26,370
2020 $1,934 $28,500 $4,830 $23,670
2019 $1,924 $28,500 $4,830 $23,670
2018 $1,765 $24,060 $4,140 $19,920
2017 $1,672 $24,060 $4,140 $19,920
2016 $1,395 $24,060 $4,350 $19,710
2015 $1,389 $24,060 $4,350 $19,710
2014 $1,366 $22,700 $3,130 $19,570
Source: Public Records

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