1218 Norwood Ave, Colorado Springs, CO, 80905

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

1218 Norwood Ave, Colorado Springs$309,900

Buyer Closing Credits

$3,680^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingAvailable

Year Built1954

HeatingForced Air

CoolingCentral Air

BasementYes

MLS #3571235

Lot Size0.14 Acres

StatusActive

About 1218 Norwood Ave

Cozy and charming 3 bed, 1 full bath ranch style home, located in the popular Stratton Meadows neighborhood, close to all shopping, restaurants, parks, trails, schools, with easy access to I-25 ! Nicely updated and move-in ready, featuring an inviting eat-in kitchen with walk-out to backyard, new stainless appliances, custom travertine backsplash, tile flooring, brand new carpet and fresh paint throughout, vinyl windows provide tons of natural light and warmth, large fenced-in backyard, AC and lots of space for parking !

View More

Property Details

Property Features

Property Information:

• Year Built: 1954
• Living Area: 894 SqFt

Listing Office:

• Office Name: HomeSmart
• Office Phone: (719) 634-8761
• Listing Agent: Meri Burgess

Interior Features

Interior Information:

• Basement: Yes
• Flooring Type: Carpet

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Parking Information:

• Parking: Available

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.14 Acres

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

• List Price: $309,900
• Price Per SqFt: $347/SqFt

Tax Information:

• Annual Amount: $784
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

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

1218 Norwood Ave vs Colorado Springs

28 DAYS ON ROCKET

-23 Days

$309,900

-$180K Less

$347/SqFt

+$127 More

KEY TAKEAWAY

This property is $180K less than the Median Sold Price and $127/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #3571235

Listing Office:

• Office Name: HomeSmart
• Office Phone: (719) 634-8761
• Listing Agent: Meri Burgess

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: 12/21/2024, 11:56:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Feb 03, 2015	Feb 03, 2015Home Sold	$128,000
Oct 02, 2014	Oct 02, 2014Home Sold	$60,000
Aug 31, 2011	Aug 31, 2011Home Sold	$50,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$784	$12,030
2019	$620	$12,030
2018	$474	$9,450
2017	$385	$9,450

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,614

Per Month

Principal & Interest

$1,547

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$996

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Colorado›El Paso County›Colorado Springs›80905›1218 Norwood Ave

This home is located at 1218 Norwood Ave in Colorado Springs, CO and zip code 80905 in the Central Colorado Springs neighborhood. This 894 square foot home, which was built in 1954, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $309,900.

In November 2024 more than 38 listings in Colorado Springs, CO were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 89 were sold below. The inventory of homes for sale in Colorado Springs, CO between October 2024 and November 2024 increased by 14.4%. Listings spent 51 days on the market in November 2024, and had a median list price of $489,900 during the same period.

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