NOT LISTED FOR SALE

Estimated Value: $608,642 - $709,000

5 Beds
4 Baths
2,258 Sq Ft
$290/Sq Ft Est. Value

About This Home

This home is located at 5531 Wells Fargo Dr, Colorado Springs, CO 80918 and is currently estimated at $654,411, approximately $289 per square foot. 5531 Wells Fargo Dr is a home located in El Paso County with nearby schools including Martinez Elementary School, Jenkins Middle School, and Doherty High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Wheeler Derek Russell
Bought by
Derek Russell Wheeler Trust
Current Estimated Value
$654,411

Purchase Details

Closed on
Feb 16, 2022
Sold by
Fiandaca Wheeler Chris
Bought by
Wheeler Derek Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 15, 2001
Sold by
Allure Homes Ltd
Bought by
Wheeler Derek Russell and Wheeler Chris Fiandaca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,100
Interest Rate
6.95%

Purchase Details

Closed on
Aug 25, 2000
Sold by
Development Management Inc
Bought by
Caitbrand Llc
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

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.

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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.

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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
Derek Russell Wheeler Trust -- None Listed On Document
Wheeler Derek Russell -- New Title Company Name
Wheeler Derek Russell $243,900 --
Allure Homes Ltd -- --
Caitbrand Llc $46,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wheeler Derek Russell $50,000
Previous Owner Wheeler Derek Russell $404,500
Previous Owner Wheeler Derek Russell $100,000
Previous Owner Wheeler Derek Russell $50,000
Previous Owner Wheeler Derek Russell $189,671
Previous Owner Wheeler Derek Russell $25,000
Previous Owner Wheeler Derek Russell $217,500
Previous Owner Wheeler Derek Russell $25,000
Previous Owner Wheeler Derek Russell $217,000
Previous Owner Wheeler Derek Russell $195,100
Previous Owner Spaulding Brent P $175,000
Closed Wheeler Derek Russell $20,000
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 $2,198 $41,200 -- --
2024 $2,077 $41,340 $6,190 $35,150
2023 $2,077 $41,340 $6,190 $35,150
2022 $1,887 $31,500 $5,490 $26,010
2021 $2,040 $32,410 $5,650 $26,760
2020 $1,928 $26,850 $4,900 $21,950
2019 $1,918 $26,850 $4,900 $21,950
2018 $1,863 $24,100 $4,940 $19,160
2017 $1,770 $24,100 $4,940 $19,160
2016 $1,462 $23,620 $5,010 $18,610
2015 $1,457 $23,620 $5,010 $18,610
2014 $1,428 $22,280 $5,010 $17,270
Source: Public Records

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