2 months on rocket

126 S Institute St, Colorado Springs, CO, 80903

$418,000

Home List Price

$4,964*

Closing Credit

2 Bedrooms
2 Full Baths
1,352 SqFt
$309/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

126 S Institute St, Colorado Springs$418,000

Buyer Closing Credits

$4,964*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1918
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s)
BasementYes
FireplaceNone
MLS #6050489
Lot Size0.17 Acres
StatusActive

About 126 S Institute St

Welcome home! This property perfectly blends classic charm with modern conveniences. Located just moments from the vibrant downtown area, this address offers both tranquility and accessibility. The renovated kitchen, with tile flooring, boasts contemporary appliances, stylish cabinetry, and a spacious layout that makes cooking a pleasure. The dining space is right off the kitchen and a nearby sliding door leads to a large outdoor patio, ideal for entertaining. The spacious yard has alley access, making it easy to park in the back. A storage shed (8' x 8') is included. There are two full baths. The living room has hardwood floors and large windows with southern exposure. In addition to the bedrooms, there's a space that's ideal for a home office, art studio or hobby room. This charming home is a rare find. Its prime location near downtown means you're just a short distance from restaurants, shops, and cultural attractions.

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Living Area: 1,352 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Rocky Mountain
  • Office Phone: (719) 635-7653
  • Listing Agent: Wayne Jennings

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $418,000
  • Price Per SqFt: $309/SqFt

Tax Information:

  • Annual Amount: $1,140
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Colorado Springs, CO

City

Med. Sold Price

$455K

Med. Price/SqFt

$232

Avg. Days On Market

40

# of Sold Homes

217

126 S Institute St vs Colorado Springs

67 DAYS ON ROCKET

+27 Days

$418,000

-$37K Less

$309/SqFt

+$77 More

KEY TAKEAWAY

This property is $37K less than the Median Sold Price and $77/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #6050489

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Rocky Mountain
  • Office Phone: (719) 635-7653
  • Listing Agent: Wayne Jennings

IDX 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: 11/21/2024, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 30, 2018Home Sold
$237,000
Oct 31, 2006Home Sold
$52,300
Aug 10, 2006Home Sold
$142,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,140$16,790
2019$913$16,790
2018$865$12,450
2017$703$12,450

History based on county public records data.

Payment Calculator

$2,154

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,320

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-278465
3
/10

  • Columbia Elementary School

  • 835 E Saint Vrain St

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-278466
3
/10

  • Hunt Elementary School

  • 2101 Manitoba Dr

  • 1.27 miles

  • Public District Grades PK-5

school-card-donut-278467
5
/10

  • Queen Palmer Elementary School

  • 1921 E Yampa St

  • 1.36 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,353. Typical income of Colorado Springs, CO residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 126 S Institute St

What is the listing price of this property?

The listing price of 126 S Institute St property is $418,000.

What type of property is this?

The property 126 S Institute St is a house located in Colorado Springs, Colorado, 80903.

Is this property for sale now?

Active Listing: 126 S Institute St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,140 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 30, 2018 for $237,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 126 S Institute St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 126 S Institute St is 1,352 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 126 S Institute St is 1918.

Rocket Homes›Colorado›El Paso County›Colorado Springs›80903›126 S Institute St

This home is located at 126 S Institute St in Colorado Springs, CO and zip code 80903 in the Central Colorado Springs neighborhood. This 1,352 square foot home, which was built in 1918, sits on a 0.17 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $418,000.

Over 52 listings were sold over their listed price in October 2024 in Colorado Springs, CO. In the same period over 99 listings were sold below the listed price and 66 listings were sold for the listed price. The inventory of homes for sale in Colorado Springs, CO between September 2024 and October 2024 increased by 26.2%. While the average time on the market in October 2024 was 40 days, the median list price was $455,000.

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

More Resources