3408 Queen Anne Way · Colorado Springs, CO
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $939 – $1,743
Heat risk 2/10 · Minimal
- Hot days now (above 88°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Cash flow +13.1/30.0
- 1% rule +5.9/10.0
- DSCR +3.9/10.0
- Livability +3.9/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Rent growth +1.5/5.0
- Appreciation +0.0/10.0
$128,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this beautifully updated 2-bedroom, 2-bath townhome in the desirable Victoria Village community. Thoughtfully designed across two levels, the open main floor features wood-style flooring, recessed lighting, and a striking stone-accented fireplace that creates a warm and inviting living space. French doors lead to the back patio, offering seamless indoor-outdoor flow perfect for relaxing or entertaining. The kitchen is both stylish and functional, complete with stainless steel appliances, granite countertops, a subway tile backsplash, abundant cabinetry, a pantry, and a convenient breakfast bar. A powder room, stacked laundry area, and smart under-stair storage add everyday practicality. Upstairs, the spacious primary bedroom serves as a private retreat with vaulted ceilings, two generous closets—including a walk-in—and direct access to the beautifully remodeled bathroom with dual sinks and a tub/shower combination. A second bedroom provides flexibility for guests, a home office, or additional living space. Step outside to enjoy a covered patio with a private storage room and access to the community’s open green space. Residents also benefit from assigned parking and a refreshing outdoor pool. Ideally located near Palmer Park with easy access to trails, shopping, dining, and everyday conveniences, this home offers the perfect blend of comfort and lifestyle. Don’t miss the opportunity to make it yours!
Key facts
- $316 HOA
- Parking
- Community pool
Property features AI
Finance
- HOA & community: Victoria Village homeowners association (professionally managed); Monthly HOA fee includes insurance, grounds and structure maintenance, snow removal, trash, and water; Community pool; Pets allowed
Exterior
- Parking: 1 parking space
- Security: Smoke detector(s)
- Utilities: Public water; Public sewer; Electricity available; Natural gas available; Cable available; Wired internet access available; Phone service available
- Home design: Residential townhouse; Two levels; Garden entry; Entry level: 1; Faces east; Attached property with 2+ common walls; Current use: Live/Work; Ownership: Individual
- Construction: Built with frame construction materials; Composition roof
- Exterior features: Patio; Borders public land; Located on a cul-de-sac; Adjacent to greenbelt and open space; Private paved road frontage; Private maintained road
Interior
- Kitchen: Stainless-steel appliances; Granite counters; Dishwasher; Disposal; Microwave; Oven; Range; Refrigerator
- Bedrooms: 2 bedrooms (both on the upper level); Primary bedroom with vaulted ceiling and walk-in closet; Second bedroom with spacious closet
- Flooring: Carpet; Laminate
- Bathrooms: 2 bathrooms total: 1 full and 1 half; Upper-level full bathroom with dual sinks and tub/shower combo (en suite); Main-level half bathroom with vanity
- Heating & cooling: Forced air heating; Central air conditioning
- Interior features: Granite counters; High-speed internet available; Primary suite; Vaulted ceilings; Walk-in closet(s); Stone-accented living room fireplace
- Laundry & utility: In-unit laundry in a stacked area
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath townhouse listed at $128k.
Deal economics
- At list price, monthly cash flow is $-5 ($-62/yr) — negative.
- To cash-flow at today's rent, offer at most $127k (0.7% below list).
- Meets the 1% rule at list price ($1k rent vs $128k).
- Recommended offer: $113k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.2% vs local median 3.3% in Colorado Springs — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 78/100 on livability (#23 in CO, #2,639 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, housing A+, health & safety A+; Watch: cost of living C-, crime F.
- Colorado Springs School District No. 11 In The County Of E (urban): math 20% / reading 37% proficiency, ranked #56 of 86 in CO (top 65%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Grant Elementary School (math 12% / reading 32%, grade F, #660 of 966 statewide, top 70%, 366 students, 74% FRL); Mann Middle School (math 12% / reading 27%, grade F, #207 of 270 statewide, top 79%, 387 students, 67% FRL); Mitchell High School (math 2% / reading 22%, grade F, #352 of 381 statewide, top 94%, 886 students, 72% FRL) — zoned schools average 71% FRL vs 49% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents falling (-4.0%/yr); 151 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 3,906 units permitted in El Paso County in 2024 (872 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $885 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- El Paso County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 133 days — a 12% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts; this cycle's ask has dropped $146k (53%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 23% of rent.
- Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 133 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.09% ✓
- Cap rate
- 6.24%
- Cash-on-cash
- -0.17%
- DSCR
- 0.99
- GRM
- 7.7
CMA / ARV
- ARV (on-the-fly)
- $212,628
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3525 Queen Anne Way | 0.08mi | 2/2.0 | 1,131 (0%) | 10mo | $242,000 | $214 | 88 |
| 3323 Queen Anne Way | 0.08mi | 2/1.5 | 1,131 (0%) | 11mo | $265,000 | $234 | 85 |
| 3440 Parkmoor Village Dr Unit P | 0.45mi | 3/2.0 (+1) | 1,153 (+2%) | 0mo | $145,000 | $126 | 70 |
| 3447 Queen Anne Way | 0.08mi | 3/2.0 (+1) | 1,276 (+13%) | 0mo | $245,000 | $192 | 69 |
| 3436 Queen Anne Way | 0.03mi | 2/2.0 | 1,276 (+13%) | 10mo | $240,000 | $188 | 69 |
| 3415 Rebecca Ln #F | 0.40mi | 3/2.0 (+1) | 1,116 (-1%) | 8mo | $180,000 | $161 | 68 |
| 3914 Aspen Leaf Pt | 0.25mi | 2/2.0 | 1,224 (+8%) | 10mo | $240,000 | $196 | 66 |
| 3435 Rebecca Ln #A | 0.43mi | 3/2.0 (+1) | 1,153 (+2%) | 8mo | $207,900 | $180 | 65 |
| 3530 Parkmoor Village Dr #F | 0.52mi | 3/2.0 (+1) | 1,153 (+2%) | 4mo | $125,000 | $108 | 64 |
| 3932 Aspen Leaf Pt | 0.25mi | 2/2.0 | 1,248 (+10%) | 12mo | $265,000 | $212 | 61 |
| 3475 Rebecca Ln Unit C | 0.42mi | 3/2.0 (+1) | 1,072 (-5%) | 8mo | $195,000 | $182 | 60 |
| 3425 Rebecca Ln #F | 0.42mi | 3/1.5 (+1) | 1,153 (+2%) | 15mo | $215,000 | $186 | 58 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -20.8%
- Equity multiple
- 0.30×
- Total profit
- $-24,991
- Equity at exit
- $19,085
- IRR
- -26.1%
- Equity multiple
- -0.04×
- Total profit
- $-37,305
- Equity at exit
- $11,067
Cash invested: $35,840 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 38 Tenant-Leaning
- State Colorado
- 38 Tenant-Leaning · D+4
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 80917
- Rents YoY
- -4.0%
- Active inventory
- 151
- Price-to-rent
- 7.7×
Monthly cashflow live
- Estimated rent
- $1,391 high interval (Pro) →
- Mortgage (P&I)
- −$671
- Tax from tax record
- −$63 /mo · $761/yr
- Insurance
- −$53
- HOA
- −$316
- Vacancy / Maint / Mgmt
- −$292
- Net cashflow
- $-5
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $32,000
- Closing costs
- $3,840
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 34 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3504 Van Teylingen Dr Colorado Springs, CO | 2.0 | 2.0 | 1065 | $1,550 | $1.46 | 14d | 8 | 0.18mi |
| 3635 Van Teylingen Dr Unit 3620 Colorado Springs, CO | 2.0 | 2.0 | 933 | $1,200 | $1.29 | 14d | 1 | 0.22mi |
| 3635 Van Teylingen Dr Unit 3645 Colorado Springs, CO | 2.0 | 2.0 | 933 | $1,200 | $1.29 | 23d | 1 | 0.22mi |
| 3310 Knoll Ln Colorado Springs, CO | 1.0–3.0 | 1.0–2.0 | 1110 | $1,683 | $1.52 | 3d | 13 | 0.23mi |
| 3432 Floris Pt Colorado Springs, CO | 1.0–2.0 | 1.0 | 754 | $1,499 | $1.99 | 3d | 12 | 0.30mi |
| 3880 N Academy Blvd Colorado Springs, CO | 2.0 | 1.0–2.0 | 725 | $1,350 | $1.86 | 3d | 26 | 0.32mi |
| 3803 Half Turn Rd Colorado Springs, CO | 1.0–2.0 | 1.0–2.0 | 698 | $1,206 | $1.73 | 3d | 12 | 0.36mi |
| 3335 Austin Bluffs Pkwy Colorado Springs, CO | 2.0 | 1.0 | 790 | $1,250 | $1.58 | 23d | 2 | 0.39mi |
| 3562 N Carefree Cir Colorado Springs, CO | 2.0 | 1.0 | 890 | $1,210 | $1.36 | 3d | 24 | 0.44mi |
| 3780 Rebecca Ln Colorado Springs, CO | 1.0–2.0 | 1.0 | 675 | $1,149 | $1.70 | 3d | 10 | 0.46mi |
| 3413 Parkmoor Village Dr Apt B Colorado Springs, CO | 2.0 | 1.0 | 850 | $1,150 | $1.35 | 23d | 1 | 0.55mi |
| 3688 Parkmoor Village Dr Colorado Springs, CO | 1.0–2.0 | 1.0–2.0 | 864 | $1,179 | $1.36 | 3d | 13 | 0.55mi |
| 3940 Harmony Dr Colorado Springs, CO | 1.0–2.0 | 1.0 | 590 | $1,210 | $2.05 | 3d | 3 | 0.56mi |
| 3865 Village Rd S Unit 3865 Colorado Springs, CO | 2.0 | 1.0 | 800 | $1,150 | $1.44 | 23d | 1 | 0.71mi |
| 4414 Montebello Dr Colorado Springs, CO | 1.0–2.0 | 1.0 | 744 | $1,355 | $1.82 | 3d | 8 | 0.86mi |
| 3835 Radiant Dr Colorado Springs, CO | 1.0–2.0 | 1.0 | 700 | $1,149 | $1.64 | 3d | 13 | 1.15mi |
| 4605 Picturesque Ct Colorado Springs, CO | 2.0 | 1.0 | 800 | $995 | $1.24 | 23d | 1 | 1.15mi |
| 4615 Picturesque Ct Colorado Springs, CO | 2.0 | 1.0 | 780 | $1,195 | $1.53 | 21d | 1 | 1.17mi |
| 4615 Picturesque Ct Colorado Springs, CO | 2.0 | 1.0 | 780 | $1,250 | $1.60 | 3d | 1 | 1.17mi |
| 4857 Sonata Dr Colorado Springs, CO | 2.0 | 1.0 | 780 | $1,995 | $2.56 | 3d | 1 | 1.21mi |
| 4715 Scenic Cir Unit 4 Colorado Springs, CO | 2.0 | 1.0 | 750 | $1,200 | $1.60 | 3d | 1 | 1.24mi |
| 4899 Sonata Dr Colorado Springs, CO | 3.0 | 2.0 | 1350 | $2,650 | $1.96 | 3d | 1 | 1.28mi |
| 4985 El Camino Dr Colorado Springs, CO | 1.0–2.0 | 1.0 | 620 | $1,209 | $1.95 | 3d | 13 | 1.32mi |
| 4801 Pacer Ln Colorado Springs, CO | 3.0 | 2.0 | 1130 | $2,116 | $1.87 | 3d | 3 | 1.34mi |
| 5034 El Camino Dr #45 Colorado Springs, CO | 2.0 | 1.0 | 760 | $1,450 | $1.91 | 3d | 1 | 1.34mi |
| 5030 El Camino Dr Colorado Springs, CO | 2.0 | 1.0 | 780 | $1,362 | $1.75 | 14d | 2 | 1.35mi |
| 5030 El Camino Dr Colorado Springs, CO | 1.0–2.0 | 1.0 | 664 | $1,600 | $2.41 | 3d | 2 | 1.35mi |
| 5038 El Camino Dr Colorado Springs, CO | 2.0 | 1.0 | 793 | $1,175 | $1.48 | 23d | 1 | 1.36mi |
| 4770 Nightingale Dr Colorado Springs, CO | 2.0 | 1.0–2.0 | 913 | $1,462 | $1.60 | 3d | 4 | 1.36mi |
| 2544 Blazek Loop Colorado Springs, CO | 2.0 | 3.0 | 1088 | $2,500 | $2.30 | 23d | 1 | 1.41mi |
| 2446 Blazek Loop Colorado Springs, CO | 2.0 | 3.0 | 1267 | $1,818 | $1.43 | 23d | 1 | 1.43mi |
| 2352 N Circle Dr Unit B Colorado Springs, CO | 2.0 | 1.0 | 1352 | $1,495 | $1.11 | 3d | 1 | 1.45mi |
| 4727 Barnes Rd Colorado Springs, CO | 3.0 | 2.0 | 1228 | $1,995 | $1.62 | 3d | 1 | 1.47mi |
| 4675 Templeton Park Cir Colorado Springs, CO | 1.0–2.0 | 1.0–2.0 | 881 | $1,605 | $1.82 | 3d | 10 | 1.48mi |
HOA detail
- Monthly dues
- $316 · $3,792/yr
- Likely covers
- poolparking
Listing history 31 events
-
2026-06-18price $128,000 Active 133 DOM
-
2026-06-18days on market $274,500 Active 133 DOM
-
2026-06-17days on market $274,500 Active 132 DOM
-
2026-06-16days on market $274,500 Active 131 DOM
-
2026-06-15days on market $274,500 Active 130 DOM
-
2026-06-14days on market $274,500 Active 128 DOM
-
2026-06-10days on market $274,500 Active 125 DOM
-
2026-06-09days on market $274,500 Active 124 DOM
-
2026-06-08days on market $274,500 Active 123 DOM
-
2026-06-07days on market $274,500 Active 122 DOM
-
2026-06-05days on market $274,500 Active 119 DOM
-
2026-06-03days on market $274,500 Active 118 DOM
-
2026-06-03days on market $274,500 Active 117 DOM
-
2026-06-01days on market $274,500 Active 116 DOM
-
2026-05-31days on market $274,500 Active 115 DOM
-
2026-02-05$274,500 Active 1458-char remark
Show marketing remark (1437 chars)
Welcome to this beautifully updated 2-bedroom, 2-bath townhome in the desirable Victoria Village community. Thoughtfully designed across two levels, the open main floor features wood-style flooring, recessed lighting, and a striking stone-accented fireplace that creates a warm and inviting living space. French doors lead to the back patio, offering seamless indoor-outdoor flow perfect for relaxing or entertaining. The kitchen is both stylish and functional, complete with stainless steel appliances, granite countertops, a subway tile backsplash, abundant cabinetry, a pantry, and a convenient breakfast bar. A powder room, stacked laundry area, and smart under-stair storage add everyday practicality. Upstairs, the spacious primary bedroom serves as a private retreat with vaulted ceilings, two generous closets-including a walk-in-and direct access to the beautifully remodeled bathroom with dual sinks and a tub/shower combination. A second bedroom provides flexibility for guests, a home office, or additional living space. Step outside to enjoy a covered patio with a private storage room and access to the community's open green space. Residents also benefit from assigned parking and a refreshing outdoor pool. Ideally located near Palmer Park with easy access to trails, shopping, dining, and everyday conveniences, this home offers the perfect blend of comfort and lifestyle. Don't miss the opportunity to make it yours!
-
2026-02-05$274,500 Active 1437-char remark
Show marketing remark (1437 chars)
Welcome to this beautifully updated 2-bedroom, 2-bath townhome in the desirable Victoria Village community. Thoughtfully designed across two levels, the open main floor features wood-style flooring, recessed lighting, and a striking stone-accented fireplace that creates a warm and inviting living space. French doors lead to the back patio, offering seamless indoor-outdoor flow perfect for relaxing or entertaining. The kitchen is both stylish and functional, complete with stainless steel appliances, granite countertops, a subway tile backsplash, abundant cabinetry, a pantry, and a convenient breakfast bar. A powder room, stacked laundry area, and smart under-stair storage add everyday practicality. Upstairs, the spacious primary bedroom serves as a private retreat with vaulted ceilings, two generous closets-including a walk-in-and direct access to the beautifully remodeled bathroom with dual sinks and a tub/shower combination. A second bedroom provides flexibility for guests, a home office, or additional living space. Step outside to enjoy a covered patio with a private storage room and access to the community's open green space. Residents also benefit from assigned parking and a refreshing outdoor pool. Ideally located near Palmer Park with easy access to trails, shopping, dining, and everyday conveniences, this home offers the perfect blend of comfort and lifestyle. Don't miss the opportunity to make it yours!
-
2026-02-05$274,500 Active 1437-char remark
Show marketing remark (1437 chars)
Welcome to this beautifully updated 2-bedroom, 2-bath townhome in the desirable Victoria Village community. Thoughtfully designed across two levels, the open main floor features wood-style flooring, recessed lighting, and a striking stone-accented fireplace that creates a warm and inviting living space. French doors lead to the back patio, offering seamless indoor-outdoor flow perfect for relaxing or entertaining. The kitchen is both stylish and functional, complete with stainless steel appliances, granite countertops, a subway tile backsplash, abundant cabinetry, a pantry, and a convenient breakfast bar. A powder room, stacked laundry area, and smart under-stair storage add everyday practicality. Upstairs, the spacious primary bedroom serves as a private retreat with vaulted ceilings, two generous closets-including a walk-in-and direct access to the beautifully remodeled bathroom with dual sinks and a tub/shower combination. A second bedroom provides flexibility for guests, a home office, or additional living space. Step outside to enjoy a covered patio with a private storage room and access to the community's open green space. Residents also benefit from assigned parking and a refreshing outdoor pool. Ideally located near Palmer Park with easy access to trails, shopping, dining, and everyday conveniences, this home offers the perfect blend of comfort and lifestyle. Don't miss the opportunity to make it yours!
-
2026-02-05historical $274,500 1437-char remark
Show marketing remark (1437 chars)
Welcome to this beautifully updated 2-bedroom, 2-bath townhome in the desirable Victoria Village community. Thoughtfully designed across two levels, the open main floor features wood-style flooring, recessed lighting, and a striking stone-accented fireplace that creates a warm and inviting living space. French doors lead to the back patio, offering seamless indoor-outdoor flow perfect for relaxing or entertaining. The kitchen is both stylish and functional, complete with stainless steel appliances, granite countertops, a subway tile backsplash, abundant cabinetry, a pantry, and a convenient breakfast bar. A powder room, stacked laundry area, and smart under-stair storage add everyday practicality. Upstairs, the spacious primary bedroom serves as a private retreat with vaulted ceilings, two generous closets-including a walk-in-and direct access to the beautifully remodeled bathroom with dual sinks and a tub/shower combination. A second bedroom provides flexibility for guests, a home office, or additional living space. Step outside to enjoy a covered patio with a private storage room and access to the community's open green space. Residents also benefit from assigned parking and a refreshing outdoor pool. Ideally located near Palmer Park with easy access to trails, shopping, dining, and everyday conveniences, this home offers the perfect blend of comfort and lifestyle. Don't miss the opportunity to make it yours!
-
2025-05-02soldstatus $274,500
-
2025-05-01soldstatus $274,500 Sold
-
2025-04-08historical
-
2025-04-04$285,000 Active
-
2021-04-06soldstatus $245,000
-
2021-03-06price $250,000
-
2021-02-16price $270,000
-
2016-08-15soldstatus $127,000
-
2013-05-31soldstatus $100,000
-
2001-12-10soldstatus $101,000
-
2000-09-22soldstatus $91,000
-
1996-05-29soldstatus $74,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast CO · Resets to sale price
- Current annual tax
- $761 · $63/mo
- Projected year-2 tax
- $761 · $63/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 2/10 Low 7 d/yr ≥88°F today · 19 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,692
- − Mortgage interest
- −$7,170
- − Property taxes
- −$761
- − Insurance
- −$640
- − Repairs & maintenance
- −$1,335
- − Management
- −$1,335
- − HOA
- −$3,792
- − Depreciation
- −$3,724
- Taxable loss
- −$2,066
- Est. tax savings @ 24.0%
- +$496
- After-tax cash flow
- $434/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Colorado Springs School District No. 11 In The County Of E
- NCES district ID
- 0803060
- Math proficiency
- 20% ▼ -8.00%
- Reading proficiency
- 37% ▼ -4.00%
- Median HH income
- $47,884
- Composite
- 24.69/100
- National rank
- #7613
- State rank
- #56 of 86 in CO
Livability — Colorado Springs
- Score
- 78/100
- State rank
- #23
- US rank
- #2639
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Colorado Springs, CO
- County
- El Paso County · 689,348 people
- City population
- 555,783
- Metro
- Colorado Springs, CO
- Population (ZIP)
- 30,398
- Household income
- $72,991
- Rent vs Own
- Severe rent burden
- 1620.0
Population outlook (El Paso County) Hauer SSP2
- Today (2025)
- 768,926 people
- By 2030
- 815,739 · +6.1%
- By 2040
- 903,489 · +17.5%
- By 2050
- 981,204 · +27.6%
- By 2075
- 1,155,542 · +50.3%
- By 2100
- 1,202,070 · +56.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (71%)
- Race & ethnicity
- White 71% Hispanic / Latino 17% Two or more races 13% Black 5% Asian 2% Native American 1%
- Hispanic origin (detail)
- Mexican 10% Puerto Rican 2%
- Common ancestry
- Romanian 3% Italian 3% Lithuanian 2%
- Foreign-born
- 6% · Canada, South Korea
- Languages at home
- 90% English-only · Spanish 5% Tagalog/Filipino 1% Russian/Polish/Slavic 1%
Political lean MEDSL · El Paso
- 2024 margin
- Lean R (+9.8) · D 43.8% · R 53.5% · Other 2.7%
- 2008→2024 swing
- +9.0pp toward D · 2008: -18.8pp · 2024: -9.8pp
- All cycles
- 2024: R+9.8 2020: R+10.8 2016: R+22.6 2012: R+21.4 2008: R+18.8
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -337.71%
- Current HPI
- 273.4838
- Rent YoY
- ▼ -4.02%
- Metro
- Colorado Springs, CO
- State GDP YoY
- ▲ 1.95%
- F500 in state
- 14
Industry mix (Fortune 500 HQ in CO)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology Distribution | 1 | $31B |
|
||
| Food / Agriculture | 1 | $18B |
|
||
| Packaging | 1 | $14B |
|
||
| Healthcare | 1 | $13B |
|
||
| Energy | 1 | $10B |
|
||
| Technology | 1 | $4B |
|
||
Price history
+270.9% since first listed16 events — show timeline
- 2026-02-05 Listed $274,500 elevateMLS
- 2026-02-05 Listed $274,500 IRES
- 2026-02-05 Listed $274,500 REColorado as Distributed by MLS Grid
- 2026-02-05 Coming Soon $274,500 REColorado as Distributed by MLS Grid
- 2025-05-02 Sold (Public Records) $274,500 Public Records
- 2025-05-01 Sold (MLS) $274,500 elevateMLS
- 2025-04-08 Delisted — elevateMLS
- 2025-04-04 Listed $285,000 elevateMLS
- 2021-04-06 Sold (Public Records) $245,000 Public Records
- 2021-03-06 Price Changed $250,000 elevateMLS
- 2021-02-16 Price Changed $270,000 elevateMLS
- 2016-08-15 Sold (Public Records) $127,000 Public Records
- 2013-05-31 Sold (Public Records) $100,000 Public Records
- 2001-12-10 Sold (Public Records) $101,000 Public Records
- 2000-09-22 Sold (Public Records) $91,000 Public Records
- 1996-05-29 Sold (Public Records) $74,000 Public Records
Property tax history
+2.6%/yrLatest (2024): $761 · +16.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…