Seller's Agent in 2023
Jeffrey Johnson
Keller Williams Premier Realty
(719) 930-5169
4 in this area
963 Total Sales
5535 Old Farm Terrace Colorado Springs, CO 80917
Old Farms NeighborhoodEstimated Value: $437,000 - $490,000
4
Beds
2.5
Baths
2,128
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- Views of Pikes Peak
- Property is near a park
- Wood Flooring
- Deck
- Vaulted Ceiling
- 4-minute walk to Old Farm Park
About This Home
As of July 2023Welcome to 5535 Old Farm Terrace, a charming 4-level single-family home nestled in the sought-after Old Farm neighborhood of Colorado Springs. This beautiful residence, built in 1983, has been expertly maintained and updated, offering a perfect blend of style, comfort, Pikes Peak views, and modern living.
The open layout of this home and lot are ideal for entertaining, where your guests will mingle from the great room to the family room with wet bar to the outdoor covered deck and patio.
Upstairs, find 682 sq ft of newly carpeted bedrooms with views of Pikes Peak, providing a peaceful retreat. A fourth bedroom, which is also suitable as a home office or recreation space, is in the partially finished basement.
Step outside onto the large covered deck or the cement patio to truly appreciate the .26-acre corner lot complete with professional landscaping throughout and a huge raised garden to feed you all year long. While you're there, enjoy the powered shed for storage or as a workshop.
With an attached, insulated 2-car garage and a recently redone concrete driveway, parking and storage are never an issue. The newly built laundry room includes a high efficiency washer and dryer, making this home truly move-in ready.
Situated high on a hill, this home truly feels like a retreat. It is within walking distance of Old Farm Park, Otero Park, and High Chaparral Open Space, ideal for hiking and biking. The quiet and friendly neighborhood, coupled with the coziness of this home, make it perfect for any lifestyle.
Recent updates include a newly painted exterior and interior, roof, new tile on the lower level and replacements of the furnace, water heater, air conditioner, humidifier, and more. You won't have to worry about expensive repairs since all major items are new! Don't miss out on owning this gem in Old Farm, Colorado Springs! Contact us today to schedule a viewing.
Last Agent to Sell the Property
Keller Williams Premier Realty Listed on: 06/19/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,308
Year Built
- Built in 1984
Lot Details
- 0.26 Acre Lot
- Back Yard Fenced
- Corner Lot
- Sloped Lot
- Landscaped with Trees
Parking
- 2 Car Attached Garage
- Workshop in Garage
- Driveway
Property Views
- Pikes Peak
- Mountain
Home Design
- Shingle Roof
- Masonite
Interior Spaces
- 2,128 Sq Ft Home
- 4-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Fireplace Features Masonry
- Six Panel Doors
- Great Room
- Partial Basement
Kitchen
- Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Outdoor Features
- Deck
- Covered Patio or Porch
- Shed
Location
- Property is near a park
- Property near a hospital
- Property is near shops
Schools
- Scott Elementary School
- Jenkins Middle School
- Doherty High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts in Kitchen
- Phone Available
Community Details
- Hiking Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2023
Closed on
Jul 14, 2023
Sold by
Noel Daniel and Noel Allison
Bought by
Perez April Ines and Perez Noemi Asuncion
Seller's Agent
Jeffrey Johnson
Keller Williams Premier Realty
Buyer's Agent
Jerrod Butler
Wish Property Group, Inc.
List Price
$475,000
Sold Price
$482,000
Premium/Discount to List
$7,000
1.47%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,087
Avg. Annual Appreciation
-1.59%
Original Mortgage
$492,363
Interest Rate
6.79%
Mortgage Type
VA
Purchase Details
Closed on
Apr 5, 2017
Sold by
Noel Daniel and Babcock Allison
Bought by
Noel Daniel and Noel Allison
Purchase Details
Closed on
Sep 14, 2012
Sold by
Boulton Richard Scott and Boulton Laura Beth
Bought by
Noel Daniel and Babcock Allison
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,614
Interest Rate
3.37%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 20, 2003
Sold by
Tobin Troy A and Tobin Casey T
Bought by
Boulton Richard Scott and Boulton Laura Beth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,150
Interest Rate
5.44%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 12, 2000
Sold by
Tucker Kenneth W and Tucker Vivian I
Bought by
Tobin Troy A and Tobin Casey T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,420
Interest Rate
8.3%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 2, 1991
Bought by
Noel Daniel
Purchase Details
Closed on
Apr 1, 1984
Bought by
Noel Daniel
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez April Ines | $482,000 | Stewart Title | |
| Noel Daniel | -- | Empire Title Colorado Spring | |
| Noel Daniel | $214,500 | Empire Title Co Springs Llc | |
| Boulton Richard Scott | $184,500 | Security Title | |
| Tobin Troy A | $163,000 | Unified Title Co Inc | |
| Noel Daniel | $97,400 | -- | |
| Noel Daniel | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perez April Ines | $496,437 | |
| Closed | Perez April Ines | $492,363 | |
| Previous Owner | Noel Daniel | $35,000 | |
| Previous Owner | Noel Daniel | $250,000 | |
| Previous Owner | Noel Daniel | $247,500 | |
| Previous Owner | Noel Daniel | $210,614 | |
| Previous Owner | Boulton Richard Scott | $172,000 | |
| Previous Owner | Boulton Richard Scott | $50,000 | |
| Previous Owner | Boulton Richard Scott | $129,150 | |
| Previous Owner | Tobin Troy A | $157,477 | |
| Previous Owner | Tobin Troy A | $155,420 | |
| Previous Owner | Tucker Kenneth W | $108,750 | |
| Previous Owner | Tucker Kenneth W | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2023 07/18/23 | Off Market | $482,000 | -- | -- |
| 07/14/2023 07/14/23 | Sold | $482,000 | +1.5% | $227 / Sq Ft |
| 06/25/2023 06/25/23 | Pending | -- | -- | -- |
| 06/19/2023 06/19/23 | For Sale | $475,000 | -- | $223 / Sq Ft |
Source: Pikes Peak REALTOR® Services
Tax History Compared to Growth
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 | $1,508 | $32,420 | -- | -- |
| 2024 | $1,393 | $31,550 | $5,490 | $26,060 |
| 2023 | $1,393 | $31,550 | $5,490 | $26,060 |
| 2022 | $1,308 | $23,380 | $4,170 | $19,210 |
| 2021 | $1,420 | $24,060 | $4,290 | $19,770 |
| 2020 | $1,311 | $19,320 | $3,720 | $15,600 |
| 2019 | $1,304 | $19,320 | $3,720 | $15,600 |
| 2018 | $1,214 | $16,540 | $3,240 | $13,300 |
| 2017 | $1,149 | $16,540 | $3,240 | $13,300 |
| 2016 | $889 | $15,340 | $2,710 | $12,630 |
| 2015 | $886 | $15,340 | $2,710 | $12,630 |
| 2014 | $863 | $14,340 | $2,710 | $11,630 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Johnson
-
Daniel Noel
D
Seller Co-Listing Agent in 2023
Daniel Noel
Keller Williams Premier Realty
(719) 360-5787
1 in this area
5 Total Sales
-
Jerrod Butler
Buyer's Agent in 2023
Jerrod Butler
Wish Property Group, Inc.
(719) 422-9474
1 in this area
55 Total Sales
Map
Source: Pikes Peak REALTOR® Services
MLS Number: 3447274
APN: 63244-01-052
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 4698 High Springs Ct
- 4644 High Springs Ct
- 4626 High Springs Ct
- 5260 Iron Horse Trail
- 5002 Willowbrook Rd
- 4767 High Stone Place
- 4732 Laramie Sky Dr
- 4842 S Old Brook Cir
- 4668 Laramie Sky Dr
- 5460 Settlers Terrace
- 4450 Chaparral Rd
- 5450 Settlers Terrace
- 5125 Thistle Ct
- 5340 Solar Ridge Dr
- 5210 Coneflower Ln
- 5255 Coneflower Ln
- 4878 S Old Brook Cir
- 4750 Iron Horse Trail
- 4504 Bell Flower Dr
- 4690 Skywriter Cir
- 5533 E Old Farm Cir
- 5555 Old Farm Terrace
- 5523 E Old Farm Cir
- 5575 Old Farm Terrace
- 4790 Yarrow Place
- 5560 Old Farm Terrace
- 5542 E Old Farm Cir
- 5528 E Old Farm Cir
- 5595 Old Farm Terrace
- 5511 E Old Farm Cir
- 5580 Old Farm Terrace
- 5556 E Old Farm Cir
- 4780 Yarrow Place
- 5514 E Old Farm Cir
- 4795 Yarrow Place
- 5563 E Old Farm Cir
- 5570 E Old Farm Cir
- 5605 Old Farm Terrace
- 5490 E Old Farm Cir
- 4765 Chaparral Rd