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Sold for $420,000
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  • $420,000

    5311 Borrego Dr, Colorado Springs, CO 80918

    5beds
    2,946sqft
    Single Family Residence
    Built in 1971
    0.26 Acres Lot
    $486,600 Zestimate®
    $143/sqft
    $2,796 Estimated rent

    Home value

    $486,600

    $453,000 - $521,000

    $2,796/mo

    Zestimate® history
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    What's special

    Ranch style homeMinutes from schoolsSpacious home
    Ranch style home in the desirable Vista Grande Estates. Centrally located on a quiet cul-de-sac road just minutes from schools, parks and shopping. This 5 bed, 3 bath home sits on over a quarter of an acre and has A-LOT of potential! This spacious home has been owned and cared for by the same family since it was built in 1971. There are 3 bedrooms on the main floor and 2 more in the basement. Plenty of living spaces to spread out and there is even a wood burning fireplace in the family room! The backyard is peaceful and quiet with an enormous amount of flat usable space. There is also a fully permitted viewing deck in the backyard where you can take in mountain views! The two car garage is insulated and heated. The Water Heater was new in 2023, the Furnace was new in 2020, The electrical service was updated and upgraded to 200 AMP service in 2014. The exterior has been kept painted and maintained and is in great condition! It has all the intangibles and is priced well below its value if it was cosmetically updated. This is by far the most affordable way to live in this neighborhood. If you are handy and don’t mind doing some cosmetic updates, this home is an absolute GEM!!

    Zillow last checked:

    Listing updated:

    Listed by:

    John Korpita MRP 719-922-9150,

    Great Colorado Homes, Inc.

    Bought with:

    Roselle Campbell

    Worth Clark Realty

    Source: elevateMLS,MLS#: 8972710MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    Basement
    • Area: 1272
    Heating
    • Forced Air, Wood
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: 220v in Kitchen, Dishwasher, Disposal, Oven, Refrigerator, Trash Compactor
    • Laundry: Electric Hook-up, Main Level
    Features
    • Flooring: Carpet, Tile
    • Windows: Window Coverings
    • Basement: Full,Partially Finished
    • Has fireplace: Yes
    Interior area
    • Total structure area: 2,946
    • Total interior livable area: 2,946 sqft
    • Finished area above ground: 1,674
    • Finished area below ground: 1,272

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Heated Garage, Concrete Driveway
    • Attached garage spaces: 2
    Features
    • Fencing: Back Yard
    Lot
    • Size: 0.26 Acres
    • Features: Level, Near Park, Near Schools, Near Shopping Center
    Details
    • Parcel number: 6323209035

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Masonite, Framed on Lot
    • Roof: Composite Shingle
    Condition
    • Existing Home
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Water: Municipal
    • Utilities for property: Natural Gas Connected, Phone Available, Other

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $143/sqft
    • Tax assessed value: $533,938
    • Annual tax amount: $1,468
    • Date on market: 1/26/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    1/22/2024Sold$420,000+1.2%$143/sqft
    Source: elevateMLS #8972710 Report a problem
    1/12/2024Contingent$415,000$141/sqft
    Source: elevateMLS #8972710 Report a problem
    1/10/2024Listed for sale$415,000$141/sqft
    Source: elevateMLS #8972710 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,624 +10.5%$35,770
    2023$1,469 -7.8%$35,770 +36.3%
    2022$1,594 $26,250 -2.8%
    2021-- $27,010 +23%
    2020$1,490 +0.5%$21,960
    2019$1,482 +15.2%$21,960 +18.6%
    2018$1,286 -5.3%$18,510
    2017$1,358 +5.6%$18,510 +5.2%
    2016$1,286 +26.1%$17,600
    2015$1,020 +103.6%$17,600 +8%
    2014$501 $16,290
    2013-- --
    2012-- $16,970
    2011$1,065 $16,970 -6%
    2010-- $18,050
    2009-- $18,050
    2008-- $18,050
    2006-- $18,050 +21.7%
    2004-- $14,830
    2003$485 -48.1%$14,830 -13%
    2002$935 +7.6%$17,050 +13.8%
    2001$869 $14,980
    Find assessor info on the county website

    Neighborhood: Northeast Colorado Springs

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Colorado Springs 11

    Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
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    Estimated market value
    $486,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $486,600