Back 5535 Old Farm Terrace
Off Market

5535 Old Farm Terrace

Colorado Springs CO 80917

4
3
2
2128 sq. ft.
11513 sq. ft.
Single-Family
Last sold for $482,000
Jeffrey JohnsonJeffrey Johnson, last sold this property on 14 July 2023 after -115 days on market.

Overview

Welcome 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.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2128 sq. ft. floor area
11513 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Colorado Springs over the last 12 months, the estimated median property value of 5535 Old Farm Terrace is $428k.

Median value
$428k
Estimated value range
$265k - $820k
Median days on market
48
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Colorado Springs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5535 Old Farm Terrace

2023
Sold
$482,000
14 Jul 2023 by Jeffrey Johnson, of Keller Williams Premier Realty - VH
2023
Sold
$482,000
14 Jul 2023 by Jerrod Butler, of Wish Property Group Inc

Happy sellers in Colorado Springs

88%
88% of sellers in Colorado Springs reported that their sale price either exceeded or met their price expectations.

Colorado Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Colorado Springs over the last 12 months.

Local market activity for 4 bedroom single-family properties in Colorado Springs

In the last 12 months, 102 four-bedroom single-family properties similar to 5535 Old Farm Terrace, have been sold.

This represents a 34% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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