220 Mount View Ln · Colorado Springs, CO 80907

$39,950

2 bd · 1.0 ba · 684 sqft · Land · 30 Days on market

Built 1969 684 sqft lot $695/mo HOA · 57% of rent

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Why this score? — see what drove the F 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).

• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +5.0/30.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spectacular investment in the quickly growing and very desirable Black Forest area with a very rare 2 acre spring fed pond! Prime development opportunity or estate style living on 40 acres with lush rolling green meadows and phenomenal Pikes Peak views. Parcels of this size with live water are unusual and rarely come on the market. This property could suit many uses - close-in ranch to build your dream home, land development into smaller parcels, future investment, equestrian estate - the possibilities are endless. Water rights in all 4 aquifers are available for adjudication and augmentation and would provide an abundance of ground water in all four aquifers. The property is currently zoned RR-5 so the property could be subdivided into 8 parcels of 5 acre each with El Paso County approval. Possible subdivision into 16 parcels of 2.5 acres each with county approval on a rezone and subdivision. Located in desirable and award winning School District 38. Close proximity to Flying Horse North Golf Course and Kings Deer Golf Course. Only 20 minutes to Colorado Springs or 45 minutes to Denver. Located only 2 miles to Highway 83 and a short distance further to I-25. Located near the upscale communities of Flying Horse north, High Forest Ranch, Settler Ranch and Kings Deer. Low agricultural taxes to keep holding costs minimal. Amazing wildlife with herds of antelope, deer, fox and elk. No covenants or HOA. Zoned for horses, cattle and outbuildings. Located off of a paved county maintained road. This is a unique opportunity for an astute buyer or developer looking for prime land in the fast growing and sought after Black Forest area. No covenants or HOA. Zones for horses, livestock and other animals as well as outbuildings.

Key facts

• Laminate flooring
• Central location
• Open floorplan

Tags

• CENTRAL LOCATION
• OPEN FLOORPLAN
• OFF-STREET PARKING
• LAMINATE FLOORING
• WASHER DRYER HOOKUPS
• KITCHEN APPLIANCES INCLUDED

Property features AI

Finance

• Other: Lot number 27; Lot size approximately 0.02 acres
• HOA & community: Association: Cragmor Manufactured Housing Community (professionally managed); Monthly association/land lease fee of $695 ($8,340 annually); Month-to-month land lease (lease term month to month, current lease through December 31, 2026)

Exterior

• Parking: 2 off-street parking spaces (total 2)
• Utilities: Public sewer; Public water
• Home design: Manufactured in park (Mobile Home); Single-story (manufactured home); Owned by Corporation/Trust
• Construction: Wood siding construction; Vinyl skirting; SCHULT make; 60' length by 12' width mobile home; Membrane roof
• Exterior features: Membrane roof; Other roof material; Wood siding; Located in Cragmoor Manufactured Housing Community; Public water

Interior

• Kitchen: Range; Range hood; Refrigerator
• Bedrooms: 2 bedrooms (both on the main level)
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced air heating
• Interior features: Open floorplan

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath land listed at $40k.

Deal economics

• At list price, monthly cash flow is $-95 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $33k (16.6% below list).
• Meets the 1% rule at list price ($1k rent vs $40k).
• Recommended offer: $33k (16.6% below list) — sets the bar for cash-flow.

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: Stratton Elementary School (math 54% / reading 57%, grade C+, #143 of 966 statewide, top 15%, 286 students, 36% FRL); North Middle School (math 21% / reading 42%, grade F, #121 of 270 statewide, top 46%, 590 students, 63% FRL); Palmer High School (math 26% / reading 58%, grade F, #155 of 381 statewide, top 42%, 1,384 students, 55% FRL) — zoned schools at 52% FRL track the district average.
• Zoned-school proficiency averages 43% at this address vs 28% district-wide (+15 pts) — the actual schools serving this property are materially stronger than the Colorado Springs School District No. 11 In The County Of E average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents flat; 195 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals leasing fast (median 5d 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 $276 of loan paydown is wiped out by about $1k 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 30 days — a 2% lower offer ($39k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 4.2% of price; HOA is 57% of rent.
• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $33,305 (16.6% below list)

Questions for the listing agent

1. 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?
2. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 3.06% ✓
• Cap rate: 3.45%
• Cash-on-cash: -10.15%
• DSCR: 0.55
• GRM: 2.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.11% rent growth · sell at horizon

5-year hold

• IRR: -52.3%
• Equity multiple: -0.38×
• Total profit: $-15,454
• Equity at exit: $5,957

10-year hold

• IRR: —
• Equity multiple: -1.91×
• Total profit: $-32,560
• Equity at exit: $3,454

Cash invested: $11,186 (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

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 80907

• Rents YoY: 0.1%
• Active inventory: 195
• Price-to-rent: 2.7×

Monthly cashflow live

• Estimated rent: $1,222 high
• Mortgage (P&I): −$210
• Tax from tax record: −$139 /mo · $1,665/yr
• Insurance: −$17
• HOA: −$695
• Vacancy / Maint / Mgmt: −$257
• Net cashflow: $-95

Break-even live

Break-even rent $1,342

Max offer price $33,305

Occupancy floor —

Sensitivity live

Price	-10% $-72	-5% $-83	+0% $-95	+5% $-106	+10% $-117
Rent	-10% $-191	-5% $-143	+0% $-95	+5% $-46	+10% $2
Rate	-1.0pp $-75	-0.5pp $-84	base $-95	+0.5pp $-105	+1.0pp $-116

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: $9,988
• Closing costs: $1,198
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
325 Cragmor Rd Colorado Springs, CO	2.0	1.0	537	$899	$1.67	4d	2	0.18mi
921 Westmoreland Rd Colorado Springs, CO	1.0–2.0	1.0	750	$1,234	$1.65	4d	12	0.38mi
3850 Schafer Hts Colorado Springs, CO	1.0–2.0	1.0–2.0	752	$1,524	$2.03	4d	5	0.43mi
1038 Westmoreland Rd Unit A Colorado Springs, CO	2.0	1.0	700	$875	$1.25	16d	1	0.52mi
1134 Westmoreland Rd Colorado Springs, CO	1.0–2.0	1.0	675	$1,050	$1.56	4d	2	0.63mi
3341 El Paso Pl Colorado Springs, CO	1.0	1.0	495	$899	$1.82	4d	1	0.63mi
39 Sunflower Rd Unit B 58766927680 Colorado Springs, CO	1.0	1.0	544	$1,250	$2.30	16d	1	0.71mi
4311 N Chestnut St Unit 2 Colorado Springs, CO	1.0	1.0	700	$925	$1.32	25d	1	0.90mi
4331 N Chestnut St Colorado Springs, CO	1.0	1.0	516	$928	$1.80	4d	5	0.93mi
3224 Illinois Ave Colorado Springs, CO	2.0	1.0	600	$1,249	$2.08	25d	1	0.96mi
4760 Rusina Rd Colorado Springs, CO	1.0–2.0	1.0–2.0	705	$1,441	$2.04	4d	14	1.01mi
4348 N Chestnut St Colorado Springs, CO	1.0	1.0	525	$1,018	$1.94	4d	6	1.02mi
6715 N Century St Colorado Springs, CO	1.0–3.0	1.0–2.0	1043	$2,105	$2.02	4d	26	1.02mi
4357 N Chestnut St Colorado Springs, CO	1.0	1.0	550	$880	$1.60	22d	1	1.03mi
917 2nd St Colorado Springs, CO	1.0	1.0	432	$875	$2.03	25d	1	1.06mi
3113 Illinois Ave Colorado Springs, CO	1.0	1.0	600	$964	$1.61	4d	1	1.14mi
3113 Illinois Ave Unit 4 Colorado Springs, CO	1.0	1.0	600	$814	$1.36	25d	1	1.14mi
2912 Concord St Colorado Springs, CO	1.0	1.0	525	$795	$1.51	25d	1	1.17mi
80 W Taylor St Colorado Springs, CO	1.0	1.0	535	$750	$1.40	4d	3	1.17mi
2924 N Arcadia St Colorado Springs, CO	1.0–2.0	1.0	775	$1,099	$1.42	25d	4	1.20mi
5400 N Nevada Ave Colorado Springs, CO	1.0–3.0	1.0–2.0	875	$1,187	$1.36	4d	14	1.22mi
3125 Sinton Rd Colorado Springs, CO	2.0	1.0	660	$1,402	$2.12	4d	6	1.23mi
2925 Tremont St Colorado Springs, CO	1.0–2.0	1.0	682	$915	$1.34	4d	8	1.24mi
10 Cragmor Village Rd Colorado Springs, CO	1.0–4.0	1.0–4.0	979	$2,011	$2.05	4d	1	1.28mi
3210 N Chestnut St Colorado Springs, CO	2.0	1.0	597	$1,233	$2.06	4d	8	1.32mi
2613 Concord St Apt 104 Colorado Springs, CO	2.0	1.0	725	$1,149	$1.58	4d	1	1.39mi
2602 N Cascade Ave Unit 2602-102 Colorado Springs, CO	1.0	1.0	691	$1,495	$2.16	25d	1	1.40mi
2602 N Cascade Ave Unit 2515-102 Colorado Springs, CO	1.0	1.0	691	$1,495	$2.16	4d	1	1.43mi

HOA detail

• Monthly dues: $695 · $8,340/yr
• Likely covers: water

Listing history 45 events

1. 2026-06-22
   days on market $39,950 Active 30 DOM
2. 2026-06-18
   days on market $39,950 Active 27 DOM
3. 2026-06-17
   days on market $39,950 Active 26 DOM
4. 2026-06-16
   days on market $39,950 Active 25 DOM
5. 2026-06-15
   days on market $39,950 Active 24 DOM
6. 2026-06-14
   days on market $39,950 Active 22 DOM
7. 2026-06-10
   days on market $39,950 Active 19 DOM
8. 2026-06-09
   days on market $39,950 Active 18 DOM
9. 2026-06-08
   days on market $39,950 Active 17 DOM
10. 2026-06-07
    days on market $39,950 Active 16 DOM
11. 2026-06-05
    days on market $39,950 Active 13 DOM
12. 2026-06-03
    days on market $39,950 Active 12 DOM
13. 2026-06-03
    days on market $39,950 Active 11 DOM
14. 2026-06-01
    days on market $39,950 Active 10 DOM
15. 2026-05-31
    days on market $39,950 Active 9 DOM
16. 2026-05-22
    listed $39,950 Active
17. 2026-05-15
    soldstatus $760,000 Closed 1744-char remark

    Show marketing remark (1744 chars)

    Spectacular investment in the quickly growing and very desirable Black Forest area with a very rare 2 acre spring fed pond! Prime development opportunity or estate style living on 40 acres with lush rolling green meadows and phenomenal Pikes Peak views. Parcels of this size with live water are unusual and rarely come on the market. This property could suit many uses - close-in ranch to build your dream home, land development into smaller parcels, future investment, equestrian estate - the possibilities are endless. Water rights in all 4 aquifers are available for adjudication and augmentation and would provide an abundance of ground water in all four aquifers. The property is currently zoned RR-5 so the property could be subdivided into 8 parcels of 5 acre each with El Paso County approval. Possible subdivision into 16 parcels of 2.5 acres each with county approval on a rezone and subdivision. Located in desirable and award winning School District 38. Close proximity to Flying Horse North Golf Course and Kings Deer Golf Course. Only 20 minutes to Colorado Springs or 45 minutes to Denver. Located only 2 miles to Highway 83 and a short distance further to I-25. Located near the upscale communities of Flying Horse north, High Forest Ranch, Settler Ranch and Kings Deer. Low agricultural taxes to keep holding costs minimal. Amazing wildlife with herds of antelope, deer, fox and elk. No covenants or HOA. Zoned for horses, cattle and outbuildings. Located off of a paved county maintained road. This is a unique opportunity for an astute buyer or developer looking for prime land in the fast growing and sought after Black Forest area. No covenants or HOA. Zones for horses, livestock and other animals as well as outbuildings.

18. 2026-05-15
    soldstatus $760,000 Sold 1744-char remark

    Show marketing remark (1744 chars)

    Spectacular investment in the quickly growing and very desirable Black Forest area with a very rare 2 acre spring fed pond! Prime development opportunity or estate style living on 40 acres with lush rolling green meadows and phenomenal Pikes Peak views. Parcels of this size with live water are unusual and rarely come on the market. This property could suit many uses - close-in ranch to build your dream home, land development into smaller parcels, future investment, equestrian estate - the possibilities are endless. Water rights in all 4 aquifers are available for adjudication and augmentation and would provide an abundance of ground water in all four aquifers. The property is currently zoned RR-5 so the property could be subdivided into 8 parcels of 5 acre each with El Paso County approval. Possible subdivision into 16 parcels of 2.5 acres each with county approval on a rezone and subdivision. Located in desirable and award winning School District 38. Close proximity to Flying Horse North Golf Course and Kings Deer Golf Course. Only 20 minutes to Colorado Springs or 45 minutes to Denver. Located only 2 miles to Highway 83 and a short distance further to I-25. Located near the upscale communities of Flying Horse north, High Forest Ranch, Settler Ranch and Kings Deer. Low agricultural taxes to keep holding costs minimal. Amazing wildlife with herds of antelope, deer, fox and elk. No covenants or HOA. Zoned for horses, cattle and outbuildings. Located off of a paved county maintained road. This is a unique opportunity for an astute buyer or developer looking for prime land in the fast growing and sought after Black Forest area. No covenants or HOA. Zones for horses, livestock and other animals as well as outbuildings.

19. 2026-05-14
    listed $39,000 Active
20. 2026-04-27
    soldstatus $31,900 Closed
21. 2026-04-20
    status Pending Accepting Backup Offers 1744-char remark

    Show marketing remark (1744 chars)

    Spectacular investment in the quickly growing and very desirable Black Forest area with a very rare 2 acre spring fed pond! Prime development opportunity or estate style living on 40 acres with lush rolling green meadows and phenomenal Pikes Peak views. Parcels of this size with live water are unusual and rarely come on the market. This property could suit many uses - close-in ranch to build your dream home, land development into smaller parcels, future investment, equestrian estate - the possibilities are endless. Water rights in all 4 aquifers are available for adjudication and augmentation and would provide an abundance of ground water in all four aquifers. The property is currently zoned RR-5 so the property could be subdivided into 8 parcels of 5 acre each with El Paso County approval. Possible subdivision into 16 parcels of 2.5 acres each with county approval on a rezone and subdivision. Located in desirable and award winning School District 38. Close proximity to Flying Horse North Golf Course and Kings Deer Golf Course. Only 20 minutes to Colorado Springs or 45 minutes to Denver. Located only 2 miles to Highway 83 and a short distance further to I-25. Located near the upscale communities of Flying Horse north, High Forest Ranch, Settler Ranch and Kings Deer. Low agricultural taxes to keep holding costs minimal. Amazing wildlife with herds of antelope, deer, fox and elk. No covenants or HOA. Zoned for horses, cattle and outbuildings. Located off of a paved county maintained road. This is a unique opportunity for an astute buyer or developer looking for prime land in the fast growing and sought after Black Forest area. No covenants or HOA. Zones for horses, livestock and other animals as well as outbuildings.

22. 2026-04-20
    historical Under Contract - Showing 1744-char remark

    Show marketing remark (1744 chars)

    Spectacular investment in the quickly growing and very desirable Black Forest area with a very rare 2 acre spring fed pond! Prime development opportunity or estate style living on 40 acres with lush rolling green meadows and phenomenal Pikes Peak views. Parcels of this size with live water are unusual and rarely come on the market. This property could suit many uses - close-in ranch to build your dream home, land development into smaller parcels, future investment, equestrian estate - the possibilities are endless. Water rights in all 4 aquifers are available for adjudication and augmentation and would provide an abundance of ground water in all four aquifers. The property is currently zoned RR-5 so the property could be subdivided into 8 parcels of 5 acre each with El Paso County approval. Possible subdivision into 16 parcels of 2.5 acres each with county approval on a rezone and subdivision. Located in desirable and award winning School District 38. Close proximity to Flying Horse North Golf Course and Kings Deer Golf Course. Only 20 minutes to Colorado Springs or 45 minutes to Denver. Located only 2 miles to Highway 83 and a short distance further to I-25. Located near the upscale communities of Flying Horse north, High Forest Ranch, Settler Ranch and Kings Deer. Low agricultural taxes to keep holding costs minimal. Amazing wildlife with herds of antelope, deer, fox and elk. No covenants or HOA. Zoned for horses, cattle and outbuildings. Located off of a paved county maintained road. This is a unique opportunity for an astute buyer or developer looking for prime land in the fast growing and sought after Black Forest area. No covenants or HOA. Zones for horses, livestock and other animals as well as outbuildings.

23. 2026-04-17
    status Pending Accepting Backup Offers
24. 2026-03-13
    price $31,999
25. 2026-03-13
    price $31,500
26. 2026-03-13
    price $31,900
27. 2026-03-05
    listed $31,900 Active
28. 2026-02-11
    listed $775,000 Active 1744-char remark

    Show marketing remark (1744 chars)

    Spectacular investment in the quickly growing and very desirable Black Forest area with a very rare 2 acre spring fed pond! Prime development opportunity or estate style living on 40 acres with lush rolling green meadows and phenomenal Pikes Peak views. Parcels of this size with live water are unusual and rarely come on the market. This property could suit many uses - close-in ranch to build your dream home, land development into smaller parcels, future investment, equestrian estate - the possibilities are endless. Water rights in all 4 aquifers are available for adjudication and augmentation and would provide an abundance of ground water in all four aquifers. The property is currently zoned RR-5 so the property could be subdivided into 8 parcels of 5 acre each with El Paso County approval. Possible subdivision into 16 parcels of 2.5 acres each with county approval on a rezone and subdivision. Located in desirable and award winning School District 38. Close proximity to Flying Horse North Golf Course and Kings Deer Golf Course. Only 20 minutes to Colorado Springs or 45 minutes to Denver. Located only 2 miles to Highway 83 and a short distance further to I-25. Located near the upscale communities of Flying Horse north, High Forest Ranch, Settler Ranch and Kings Deer. Low agricultural taxes to keep holding costs minimal. Amazing wildlife with herds of antelope, deer, fox and elk. No covenants or HOA. Zoned for horses, cattle and outbuildings. Located off of a paved county maintained road. This is a unique opportunity for an astute buyer or developer looking for prime land in the fast growing and sought after Black Forest area. No covenants or HOA. Zones for horses, livestock and other animals as well as outbuildings.

29. 2026-02-10
    listed $775,000 Active 1744-char remark

    Show marketing remark (1744 chars)

    Spectacular investment in the quickly growing and very desirable Black Forest area with a very rare 2 acre spring fed pond! Prime development opportunity or estate style living on 40 acres with lush rolling green meadows and phenomenal Pikes Peak views. Parcels of this size with live water are unusual and rarely come on the market. This property could suit many uses - close-in ranch to build your dream home, land development into smaller parcels, future investment, equestrian estate - the possibilities are endless. Water rights in all 4 aquifers are available for adjudication and augmentation and would provide an abundance of ground water in all four aquifers. The property is currently zoned RR-5 so the property could be subdivided into 8 parcels of 5 acre each with El Paso County approval. Possible subdivision into 16 parcels of 2.5 acres each with county approval on a rezone and subdivision. Located in desirable and award winning School District 38. Close proximity to Flying Horse North Golf Course and Kings Deer Golf Course. Only 20 minutes to Colorado Springs or 45 minutes to Denver. Located only 2 miles to Highway 83 and a short distance further to I-25. Located near the upscale communities of Flying Horse north, High Forest Ranch, Settler Ranch and Kings Deer. Low agricultural taxes to keep holding costs minimal. Amazing wildlife with herds of antelope, deer, fox and elk. No covenants or HOA. Zoned for horses, cattle and outbuildings. Located off of a paved county maintained road. This is a unique opportunity for an astute buyer or developer looking for prime land in the fast growing and sought after Black Forest area. No covenants or HOA. Zones for horses, livestock and other animals as well as outbuildings.

30. 2025-12-12
    soldstatus $36,000 Closed
31. 2025-12-08
    status Pending Accepting Backup Offers
32. 2025-11-26
    soldstatus $39,500 Closed
33. 2025-11-14
    listed $34,900 Active
34. 2025-11-14
    listed $34,500 Active
35. 2025-11-14
    listed $36,900 Active
36. 2025-10-15
    status Pending Accepting Backup Offers
37. 2025-09-18
    listed $34,999 Active
38. 2025-09-12
    price $39,950
39. 2025-08-21
    listed $44,950 Active
40. 2025-07-14
    historical
41. 2025-06-13
    price $35,000
42. 2025-05-12
    price $40,000
43. 2025-04-25
    listed $50,000 Active
44. 2021-12-29
    soldstatus $2,700,000
45. 2001-04-24
    soldstatus $480,000

ⓘ 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: $1,665 · $139/mo
• Projected year-2 tax: $1,665 · $139/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 · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 2/10 Low 7 d/yr ≥89°F today · 17 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

Taxation est. · year 1

• Rental income: $14,663
• − Mortgage interest: −$2,238
• − Property taxes: −$1,665
• − Insurance: −$200
• − Repairs & maintenance: −$1,173
• − Management: −$1,173
• − HOA: −$8,340
• − Depreciation: −$1,162
• Taxable loss: −$1,288
• Est. tax savings @ 24.0%: +$309
• After-tax cash flow: $-826/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

Amenities A+ Commute A Cost of living C- Crime F Employment B Housing A+ Health & safety A+ User ratings F

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): 27,815
• Household income: $74,402
• Rent vs Own: 44.1% rent · 55.9% own
• Severe rent burden: 1396.0

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 (77%)
• Race & ethnicity: White 77% Hispanic / Latino 12% Two or more races 10% Black 3% Asian 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Italian 3% Lithuanian 3% Slovak 3%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 4% German/W. Germanic 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: ▼ -544.07%
• Current HPI: 276.2139
• Rent YoY: ▲ 0.11%
• 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

-91.7% since first listed

30 events — show timeline

• 2026-05-22 Listed $39,950 REColorado as Distributed by MLS Grid
• 2026-05-15 Sold (MLS) $760,000 elevateMLS
• 2026-05-15 Sold (MLS) $760,000 REColorado as Distributed by MLS Grid
• 2026-05-14 Listed $39,000 REColorado as Distributed by MLS Grid
• 2026-04-27 Sold (MLS) $31,900 REColorado as Distributed by MLS Grid
• 2026-04-20 Pending — REColorado as Distributed by MLS Grid
• 2026-04-20 Contingent — elevateMLS
• 2026-04-17 Pending — REColorado as Distributed by MLS Grid
• 2026-03-13 Price Changed $31,999 REColorado as Distributed by MLS Grid
• 2026-03-13 Price Changed $31,500 REColorado as Distributed by MLS Grid
• 2026-03-13 Price Changed $31,900 REColorado as Distributed by MLS Grid
• 2026-03-05 Listed $31,900 REColorado as Distributed by MLS Grid
• 2026-02-11 Listed $775,000 elevateMLS
• 2026-02-10 Listed $775,000 REColorado as Distributed by MLS Grid
• 2025-12-12 Sold (MLS) $36,000 REColorado as Distributed by MLS Grid
• 2025-12-08 Pending — REColorado as Distributed by MLS Grid
• 2025-11-26 Sold (MLS) $39,500 REColorado as Distributed by MLS Grid
• 2025-11-14 Listed $36,900 REColorado as Distributed by MLS Grid
• 2025-11-14 Listed $34,500 REColorado as Distributed by MLS Grid
• 2025-11-14 Listed $34,900 REColorado as Distributed by MLS Grid
• 2025-10-15 Pending — REColorado as Distributed by MLS Grid
• 2025-09-18 Listed $34,999 REColorado as Distributed by MLS Grid
• 2025-09-12 Price Changed $39,950 REColorado as Distributed by MLS Grid
• 2025-08-21 Listed $44,950 REColorado as Distributed by MLS Grid
• 2025-07-14 Listing Removed — REColorado as Distributed by MLS Grid
• 2025-06-13 Price Changed $35,000 REColorado as Distributed by MLS Grid
• 2025-05-12 Price Changed $40,000 REColorado as Distributed by MLS Grid
• 2025-04-25 Listed $50,000 REColorado as Distributed by MLS Grid
• 2021-12-29 Sold (Public Records) $2,700,000 Public Records
• 2001-04-24 Sold (Public Records) $480,000 Public Records

Property tax history

+33.4%/yr

Latest (2024): $1,665 · +1.0% YoY. Source: county tax records.