5540 Prairie Schooner Dr Colorado Springs, CO 80923
Wagon Trails NeighborhoodEstimated payment $3,258/month
Highlights
- Property is near a park
- Corner Lot
- Tennis Courts
- Wood Flooring
- Community Pool
- 5-minute walk to Eugene McCleary Park
About This Home
Located in the desirable Wagon Trails neighborhood of Colorado Springs, 5540 Prairie Schooner Drive is a spacious two-story home that offers both comfort and functionality. Built in 2001, this residence features 4 bedrooms and 4 bathrooms within a generous 3,139 sq ft layout. The main level includes a living room with a gas fireplace, a formal dining area, and a kitchen equipped with modern appliances such as a double oven, microwave, refrigerator, and dishwasher. The primary suite includes a walk-in closet and an en-suite bathroom with dual vanities, HEATED FLOORS and a soaking tub. The fully finished basement adds versatility with a family room, office, bedroom, and a 3/4 bathroom. Additional amenities include a 3-car attached garage, central air conditioning, and a main-level laundry room! BRAND NEW FURNACE!!!
The property sits on a corner lot with professional landscaping featuring colorful perennials, fruit trees, and serene sitting areas. Outdoor living is enhanced by an oversized concrete patio and a covered front porch. The home is part of the Wagon Trails Homeowners Association, which offers recreational facilities such as hiking and biking trails, parks, a playground, a pool, and tennis courts.
Situated in northeast Colorado Springs, Wagon Trails provides easy access to major routes like Powers Boulevard and Dublin Boulevard, placing residents within reach of shopping centers, restaurants, and schools. The neighborhood is served by Colorado Springs School District 11, with Freedom Elementary, Jenkins Middle School, and Doherty High School as the primary institutions.
Listing Agent
RE/MAX Real Estate Group LLC Brokerage Phone: 719-534-7900 Listed on: 04/18/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,028
Year Built
- Built in 2001
Lot Details
- 7,697 Sq Ft Lot
- Back Yard Fenced
- Landscaped
- Corner Lot
HOA Fees
- $26 Monthly HOA Fees
Parking
- 3 Car Garage
- Driveway
- Assigned Parking
Home Design
- Shingle Roof
- Masonite
Interior Spaces
- 3,139 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Fireplace
- Basement Fills Entire Space Under The House
- Laundry Room
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Soaking Tub
Outdoor Features
- Concrete Porch or Patio
Location
- Property is near a park
- Property is near public transit
- Property near a hospital
- Property is near schools
- Property is near shops
Utilities
- Central Air
- Heating System Uses Natural Gas
- 220 Volts in Kitchen
Community Details
Overview
- Association fees include covenant enforcement, see show/agent remarks
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Hiking Trails
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,028 | $38,480 | -- | -- |
2024 | $1,910 | $38,490 | $5,310 | $33,180 |
2023 | $1,910 | $38,490 | $5,310 | $33,180 |
2022 | $1,670 | $27,880 | $4,400 | $23,480 |
2021 | $1,805 | $28,680 | $4,530 | $24,150 |
2020 | $1,905 | $26,530 | $3,930 | $22,600 |
2019 | $1,895 | $26,530 | $3,930 | $22,600 |
2018 | $1,815 | $23,480 | $3,170 | $20,310 |
2017 | $1,724 | $23,480 | $3,170 | $20,310 |
2016 | $1,475 | $23,820 | $3,330 | $20,490 |
2015 | $1,469 | $23,820 | $3,330 | $20,490 |
2014 | $1,427 | $22,260 | $3,330 | $18,930 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/08/2025 08/08/25 | Price Changed | $574,900 | -1.7% | $183 / Sq Ft |
06/05/2025 06/05/25 | Price Changed | $585,000 | -2.5% | $186 / Sq Ft |
04/18/2025 04/18/25 | For Sale | $599,900 | +9.1% | $191 / Sq Ft |
01/23/2024 01/23/24 | Sold | -- | -- | -- |
12/24/2023 12/24/23 | Pending | -- | -- | -- |
12/23/2023 12/23/23 | For Sale | $550,000 | -- | $175 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $425,000 | Unified Title Co | |
Warranty Deed | $310,500 | Fahtco | |
Warranty Deed | -- | Fahtco | |
Warranty Deed | $263,600 | Stewart Title | |
Warranty Deed | $81,500 | Stewart Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $346,324 | New Conventional | |
Closed | $340,000 | New Conventional | |
Previous Owner | $257,427 | FHA | |
Previous Owner | $246,387 | New Conventional | |
Previous Owner | $30,000 | Credit Line Revolving | |
Previous Owner | $248,400 | Unknown | |
Previous Owner | $51,000 | Stand Alone Second | |
Previous Owner | $261,600 | VA | |
Previous Owner | $263,550 | VA | |
Previous Owner | $125,000 | Construction |
Source: Pikes Peak REALTOR® Services
MLS Number: 4839214

APN: 63121-05-021
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