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234 Wasatch Ln
C Composite 59.36
Why this score? — see what drove the C 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).

  • Cash flow +24.6/30.0
  • ARV discount +12.0/15.0
  • DSCR +8.0/10.0
  • 1% rule +5.0/10.0
  • Livability +2.9/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.9/10.0
  • Appreciation +0.0/10.0

$365,000

234 Wasatch Ln · Florissant, CO 80816
2 bd · 1.0 ba · 1,042 sqft · SingleFamily public records · 298 Days on market
Built 2004 0.57 ac lot Est $405k · 10% under $4/mo HOA

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

Key facts

  • Wooded neighborhood
  • Solar tubes
  • Open great room

Tags

MOUNTAIN RANCH STYLE HOMEOVER A HALF AN ACREWOODED NEIGHBORHOODOPEN GREAT ROOMSKYLIGHTSSOLAR TUBES

Property features AI

Finance

  • HOA & community: Voluntary association (Colorado Mountain Estates POS); Annual association fee of $48

Exterior

  • Parking: 1 parking space; 1-car carport
  • Utilities: Electricity connected; Natural gas connected; Septic tank
  • Home design: Single-family house; One story; Property is unattached; Individual ownership
  • Construction: Frame construction; Composition roof
  • Exterior features: Well water; R-1 zoning

Interior

  • Kitchen: Kitchen with island; Dishwasher; Microwave; Oven; Refrigerator; Kitchen/dining combo
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Laminate flooring
  • Bathrooms: 1 full bathroom on the main level
  • Heating & cooling: Forced air heating
  • Interior features: Fireplace in the living room; Great room layout

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $365k.

Deal economics

  • At list price, monthly cash flow is $757 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $365k).
  • Recommended offer: $321k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.8% vs local median 3.3% in Florissant — 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 57/100 on livability (#311 in CO) — a working-class tenant base; expect higher turnover. Strengths: crime A, cost of living A, housing A-; Watch: amenities F, commute F, employment F.
  • Cripple Creek-Victor School District No. Re-1 (rural): math 10% / reading 25% proficiency, ranked #157 of 176 in CO (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Cresson Elementary School (math 10% / reading 54%, grade F, #469 of 966 statewide, top 49%, 137 students, 73% FRL); Cripple Creek-Victor Junior-Senior High School (math 12% / reading 24%, grade F, #337 of 381 statewide, top 88%, 176 students, 49% FRL).
  • Market conditions: 280 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 148 units permitted in Teller County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
  • Teller County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 298 days — a 12% lower offer ($321k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 5y ago; this cycle's ask has dropped $45k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $321,200 (12.0% below list)

Questions for the listing agent

  1. It's been on market 298 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. 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
1.00%
Cap rate
8.78%
Cash-on-cash
8.88%
DSCR
1.40
GRM
8.3

CMA / ARV

ARV (on-the-fly)
$405,338
Comps found
6
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
172 Big Horn Ln 0.14mi 2/1.0 1,000 (-4%) 17mo $399,000 $399 73
192 Dillon Ln 0.15mi 3/2.0 (+1) 1,067 (+2%) 10mo $495,000 $464 72
950 Southpark Rd 0.72mi 2/2.0 1,040 (-0%) 3mo $320,000 $308 60
26 Homestead Ln 0.26mi 2/1.0 1,107 (+6%) 21mo $377,000 $341 60
270 Southgate Cir 0.45mi 2/2.0 1,080 (+4%) 13mo $420,000 $389 58
270 Southpark Rd 0.48mi 3/2.0 (+1) 1,170 (+12%) 6mo $399,000 $341 43

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
-2.9%
Equity multiple
0.89×
Total profit
$-11,131
Equity at exit
$54,423
10-year hold
IRR
6.8%
Equity multiple
1.51×
Total profit
$51,637
Equity at exit
$31,559

Cash invested: $102,200 (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.

ZIP-level market 80816

Home prices YoY
-18.1%
Active inventory
280
Price-to-rent
8.3×

Monthly cashflow live

Estimated rent
$3,668 medium interval (Pro) →
Mortgage (P&I)
$1,914
Tax from tax record
$71 /mo · $850/yr
Insurance
$152
HOA
$4
Vacancy / Maint / Mgmt
$770
Net cashflow
$757

Break-even live

Break-even rent $2,710
Max offer price $365,000
Occupancy floor 74%

Sensitivity live

Price -10% $963 -5% $860 +0% $757 +5% $653 +10% $550
Rent -10% $467 -5% $612 +0% $757 +5% $902 +10% $1,046
Rate -1.0pp $940 -0.5pp $850 base $757 +0.5pp $662 +1.0pp $566

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
$91,250
Closing costs
$10,950
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1823 S Mountain Estates Rd Florissant, CO 3.0 2.0 1314 $3,668 $2.79 12d 1 1.31mi

HOA detail

Monthly dues
$4 · $48/yr
Likely covers
electric

Listing history 39 events

  1. 2026-06-21
    days on market $365,000 Active 298 DOM
  2. 2026-06-18
    days on market $365,000 Active 295 DOM
  3. 2026-06-17
    days on market $365,000 Active 294 DOM
  4. 2026-06-16
    status $365,000 Active 293 DOM
  5. 2026-06-15
    status $365,000 Pending Accepting Backup Offers 293 DOM
  6. 2026-06-15
    days on market $365,000 Active 293 DOM
  7. 2026-06-14
    days on market $365,000 Active 291 DOM
  8. 2026-06-13
    days on market $365,000 Active 290 DOM
  9. 2026-06-10
    days on market $365,000 Active 288 DOM
  10. 2026-06-09
    days on market $365,000 Active 287 DOM
  11. 2026-06-08
    days on market $365,000 Active 286 DOM
  12. 2026-06-07
    days on marketlisting id $365,000 Active 285 DOM
  13. 2026-06-03
    days on market $365,000 Active 329 DOM
  14. 2026-06-03
    days on market $365,000 Active 328 DOM
  15. 2026-06-01
    days on market $365,000 Active 327 DOM
  16. 2026-05-31
    days on market $365,000 Active 326 DOM
  17. 2026-05-14
    price $365,000
  18. 2026-04-16
    price $375,000
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  19. 2026-04-16
    price $375,000 1129-char remark
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  20. 2026-04-16
    price $375,000 1129-char remark
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  21. 2026-03-13
    price $390,000
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  22. 2026-03-13
    price $390,000 1129-char remark
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  23. 2026-03-13
    price $390,000 1129-char remark
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  24. 2025-12-30
    price $400,000
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  25. 2025-12-30
    price $400,000 1129-char remark
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  26. 2025-12-30
    price $400,000 1129-char remark
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  27. 2025-08-18
    listed $410,000 Active 1129-char remark
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  28. 2025-08-18
    listed $410,000 Active 1129-char remark
    Show marketing remark (1129 chars)

    Cozy mountain ranch style home located on over a half an acre of land in a wooded private neighborhood! Upon entering the home, the open great room is accented by knotty pine tongue and groove ceilings, in addition to skylights and solar tubes to bring in extra sunlight! Upgrades within the home include new interior paint, light fixtures, new convection microwave oven, tiger wood laminate flooring, + 86" multicolor electric fireplace built-in wall unit. There are 2 bedrooms situated off the great room, and a full bathroom with a heated bidet! Laundry and pantry area lead out the rear patio, with access to the private yard. Home is constructed in rustic cedar sided exterior, 2022 composition shingle roof, w/ attached carport and 2 large storage sheds are on premises. Property is serviced by its own private well and septic system. Located just 25 minutes outside of Woodland Park, an hour to Colorado Springs, just 20 minutes to epic trout fishing, & 1.5 hrs. to snow skiing resorts and the Continental Divide. Outdoor amenities and nature abounds in this mountain community known as Colorado Mountain Estates!

  29. 2025-08-16
    price $410,000
  30. 2022-02-04
    soldstatus $345,000
  31. 2022-02-03
    soldstatus $355,000 Closed
  32. 2022-02-03
    soldstatus $355,000
  33. 2021-12-18
    status Pending
  34. 2021-12-04
    listed $340,000 Active
  35. 2021-12-04
    listed $340,000
  36. 2019-12-17
    soldstatus $245,000
  37. 2011-10-07
    soldstatus $140,000
  38. 2006-10-02
    soldstatus $150,000
  39. 2005-06-13
    soldstatus $134,000

ⓘ 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
$850 · $71/mo
Projected year-2 tax
$2,007 · $167/mo
Expected delta
+$1,157/yr (+$96/mo · 136.1%)

ⓘ 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 7/10 Severe
  • 🌡 Heat 1/10 Low
  • 💨 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
$44,016
− Mortgage interest
−$20,446
− Property taxes
−$850
− Insurance
−$1,825
− Repairs & maintenance
−$3,521
− Management
−$3,521
− HOA
−$48
− Depreciation
−$10,618
Taxable income
$3,186
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$765
After-tax cash flow
$8,315/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
Cripple Creek-Victor School District No. Re-1
NCES district ID
0803180
Math proficiency
10% ▼ -5.00%
Reading proficiency
25% ▼ -5.00%
Median HH income
$48,346
Composite
19.0/100
National rank
#13980
State rank
#157 of 176 in CO

Livability — Florissant

Score
57/100
State rank
#311
US rank
#22011

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
6,372

Population outlook (Teller County) Hauer SSP2

Today (2025)
22,404 people
By 2030
21,527 · -3.9%
By 2040
19,356 · -13.6%
By 2050
17,462 · -22.1%
By 2075
14,658 · -34.6%
By 2100
11,982 · -46.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (88%)
Race & ethnicity
White 88% Two or more races 6% Hispanic / Latino 5%
Common ancestry
Lithuanian 6% Slovak 5% Italian 3%
Foreign-born
1% · Canada
Languages at home
96% English-only · Spanish 2% French/Haitian/Cajun 1%

Political lean MEDSL · Teller

2024 margin
Solid R (+35.5) · D 31.0% · R 66.5% · Other 2.5%
2008→2024 swing
-7.3pp toward R · 2008: -28.1pp · 2024: -35.5pp
All cycles
2024: R+35.5 2020: R+35.2 2016: R+42.5 2012: R+33.1 2008: R+28.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -73.52%
Current HPI
332.3075
Rent YoY
Metro
State GDP YoY
▲ 1.95%
F500 in state
14

Industry mix (Fortune 500 HQ in CO)

Industry F500 HQs Revenue

Price history

+172.4% since first listed
23 events — show timeline
  • 2026-05-14 Price Changed $365,000 elevateMLS
  • 2026-04-16 Price Changed $375,000 elevateMLS
  • 2026-04-16 Price Changed $375,000 IRES
  • 2026-04-16 Price Changed $375,000 REColorado as Distributed by MLS Grid
  • 2026-03-13 Price Changed $390,000 elevateMLS
  • 2026-03-13 Price Changed $390,000 IRES
  • 2026-03-13 Price Changed $390,000 REColorado as Distributed by MLS Grid
  • 2025-12-30 Price Changed $400,000 elevateMLS
  • 2025-12-30 Price Changed $400,000 IRES
  • 2025-12-30 Price Changed $400,000 REColorado as Distributed by MLS Grid
  • 2025-08-18 Listed $410,000 REColorado as Distributed by MLS Grid
  • 2025-08-18 Listed $410,000 IRES
  • 2025-08-16 Price Changed $410,000 elevateMLS
  • 2022-02-04 Sold (Public Records) $345,000 Public Records
  • 2022-02-03 Sold (MLS) $355,000 IRES
  • 2022-02-03 Sold (MLS) $355,000 REColorado as Distributed by MLS Grid
  • 2021-12-18 Pending REColorado as Distributed by MLS Grid
  • 2021-12-04 Listed $340,000 IRES
  • 2021-12-04 Listed $340,000 REColorado as Distributed by MLS Grid
  • 2019-12-17 Sold (Public Records) $245,000 Public Records
  • 2011-10-07 Sold (Public Records) $140,000 Public Records
  • 2006-10-02 Sold (Public Records) $150,000 Public Records
  • 2005-06-13 Sold (Public Records) $134,000 Public Records

Property tax history

+7.0%/yr

Latest (2025): $850 · +16.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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