NOT LISTED FOR SALE

Estimated Value: $417,738 - $449,000

4 Beds
3 Baths
1,115 Sq Ft
$388/Sq Ft Est. Value

About This Home

This home is located at 5625 Red Onion Way, Colorado Springs, CO 80918 and is currently estimated at $432,685, approximately $388 per square foot. 5625 Red Onion Way is a home located in El Paso County with nearby schools including Fremont Elementary School, Russell Middle School, and Doherty High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2024
Sold by
Morgan Sarah Michelle and Boone Sarah Michelle
Bought by
Boone Family Trust
Current Estimated Value
$437,424

Purchase Details

Closed on
Dec 7, 2010
Sold by
Neigh Matthew Scot and Neigh Lorraine Janice
Bought by
Morgan Sarah Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,690
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2001
Sold by
Nickel James L and Nickel Sheilia M
Bought by
Neigh Matthew Scot and Neigh Lorraine Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,744
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 1992
Bought by
Morgan Sarah Michelle

Purchase Details

Closed on
Jun 1, 1981
Bought by
Morgan Sarah Michelle
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
Boone Family Trust -- None Listed On Document
Morgan Sarah Michelle $170,000 Enterprise Title Lllp
Neigh Matthew Scot $146,000 --
Morgan Sarah Michelle $84,900 --
Morgan Sarah Michelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Sarah Michelle $69,000
Previous Owner Morgan Sarah Michelle $165,690
Previous Owner Neigh Matthew S $25,000
Previous Owner Neigh Matthew Scot $19,300
Previous Owner Neigh Matthew Scot $142,905
Previous Owner Neigh Matthew Scot $143,744
Previous Owner Nickel James L $125,542
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 $1,396 $29,640 -- --
2024 $1,283 $29,540 $5,700 $23,840
2023 $1,283 $29,540 $5,700 $23,840
2022 $1,071 $19,140 $5,060 $14,080
2021 $1,162 $19,690 $5,210 $14,480
2020 $1,237 $18,230 $4,530 $13,700
2019 $1,231 $18,230 $4,530 $13,700
2018 $1,132 $15,430 $3,810 $11,620
2017 $1,072 $15,430 $3,810 $11,620
2016 $852 $14,700 $3,940 $10,760
2015 $849 $14,700 $3,940 $10,760
2014 $804 $13,360 $3,890 $9,470
Source: Public Records

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