NOT LISTED FOR SALE

Estimated Value: $394,000

3 Beds
3 Baths
1,722 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 5850 Fossil Dr, Colorado Springs, CO 80923 and is currently estimated at $394,000, approximately $228 per square foot. 5850 Fossil Dr is a home located in El Paso County with nearby schools including Scott Elementary School, Jenkins Middle School, and Doherty High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Farmer Pamela Lynn and Colbert Robyn Ann
Bought by
Reeser Zachary J
Current Estimated Value
$394,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Outstanding Balance
$389,568
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$4,432

Purchase Details

Closed on
Aug 13, 2019
Sold by
Farmer Pamela Lynn
Bought by
Farmer Pamela Lynn and Colbert Robyn Ann

Purchase Details

Closed on
Dec 12, 2007
Sold by
Farmer Pamela L
Bought by
Farmer Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,313
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2007
Sold by
Owen Dawn R
Bought by
Farmer Pamela

Purchase Details

Closed on
May 29, 2001
Sold by
Cooper Barrett D and Cooper Daiva A
Bought by
Farmer Pamela L and Owen Dawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,520
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 1999
Sold by
Parent William L and Parent Marcia C
Bought by
Cooper Barrett D and Cooper Daiva A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,013
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 1997
Sold by
Bethesda Management Company
Bought by
Kunkle Bradley L and Kunkle Dana Beth

Purchase Details

Closed on
Jan 24, 1996
Sold by
Richmond Homes Inc Ii
Bought by
Parent William L and Parent Marcia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,164
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1994
Sold by
Development Management Inc
Bought by
Richmond Homes Inc Ii
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
Reeser Zachary J $415,000 Land Title Guarantee Company
Farmer Pamela Lynn -- None Available
Farmer Pamela -- Clear Title
Farmer Pamela -- None Available
Farmer Pamela L $178,000 --
Cooper Barrett D $147,000 First American
Kunkle Bradley L $54,000 --
Parent William L $138,545 Land Title
Richmond Homes Inc Ii $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeser Zachary J $394,250
Previous Owner Farmer Pamela $207,313
Previous Owner Farmer Pamela L $175,520
Previous Owner Cooper Barrett D $146,013
Previous Owner Parent William L $130,164
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 $1,643 $31,710 -- --
2024 $1,528 -- -- --
2022 $1,382 $23,070 $4,000 $19,070
2021 $1,494 $23,730 $4,110 $19,620
2020 $1,456 $20,280 $3,580 $16,700
2019 $1,449 $20,280 $3,580 $16,700
2018 $1,371 $17,740 $2,880 $14,860
2017 $1,303 $17,740 $2,880 $14,860
2016 $1,078 $17,420 $3,020 $14,400
2015 $1,075 $17,420 $3,020 $14,400
2014 $1,044 $16,280 $3,020 $13,260
Source: Public Records

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