1131 W Colorado Ave, Colorado Springs, CO, 80904

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1131 W Colorado Ave, Colorado Springs$549,000

Buyer Closing Credits

$6,519^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingN/A

Year Built1897

HeatingForced Air, Natural Gas

CoolingCentral Air

ViewCity

MLS #4596321

Lot Size0.08 Acres

StatusActive

About 1131 W Colorado Ave

This property sounds like a gem! Its prime location near downtown Colorado Springs and the Old Colorado City tourist district makes it highly desirable. The flexibility for both business and residential use adds to its appeal, and the potential to convert it into a duplex with the right architectural design is a fantastic investment opportunity. With three possible bedrooms upstairs and one on the main level, it offers plenty of space. Whether you're looking to attract tenants, set up a business, or create a mixed-use space, this property seems to have a lot of potential.

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Property Details

Property Features

Property Information:

• Year Built: 1897
• Living Area: 1,756 SqFt

Listing Office:

• Office Name: Exp Realty LLC
• Office Phone: (888) 440-2724
• Listing Agent: Sun Oh

Interior Features

Interior Information:

• Appliances: Dishwasher, Dryer, Washer
• Basement: No
• Flooring Type: Carpet

Bedroom and Bathroom Information:

• Partial Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• View: City

Parking Information:

• Parking: N/A

Lot Features

Lot Information:

• Lot: City Lot
• Lot Size: 0.08 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Natural Gas
• Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

• List Price: $549,000
• Price Per SqFt: $313/SqFt

Tax Information:

• Annual Amount: $5,158
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Colorado Springs, CO.

Colorado Springs, CO

City

Med. Sold Price

$489.9K

Med. Price/SqFt

$220

Avg. Days On Market

51

# of Sold Homes

173

1131 W Colorado Ave vs Colorado Springs

4 DAYS ON ROCKET

-47 Days

$549,000

+$59.1K More

$313/SqFt

+$93 More

KEY TAKEAWAY

This property is $59.1K more than the Median Sold Price and $93/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #4596321

Listing Office:

• Office Name: Exp Realty LLC
• Office Phone: (888) 440-2724
• Listing Agent: Sun Oh

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Sep 08, 2021	Sep 08, 2021Home Sold	$368,000
Jul 01, 2002	Jul 01, 2002Home Sold	$204,000
Oct 05, 2000	Oct 05, 2000Home Sold	$60,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$5,158	$75,990
2019	$4,847	$75,990
2018	$4,591	$66,070
2017	$3,831	$66,070

History based on county public records data.

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**Disclosures

Rocket Homes›Colorado›El Paso County›Colorado Springs›80904›1131 W Colorado Ave

This home is located at 1131 W Colorado Ave in Colorado Springs, CO and zip code 80904 in the Old Colorado City neighborhood. This 1,756 square foot home, which was built in 1897, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $549,000.

In November 2024, from all listings sold in Colorado Springs, CO there were more than 38 sold above asking price, over 89 sold below and more than 46 were sold right at the asked price. The number of homes for sale in Colorado Springs, CO increased by 14.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $489,900, while the average time on the real estate market was 51 days.

From Rocket Homes Real Estate and based on county public records data.