3 months on rocket

127 University Dr, Colorado Springs, CO, 80910

$635,000

Home List Price

$7,541*

Closing Credit

0 Baths
3,381 SqFt
$188/SqFt
Multi

Location

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127 University Dr, Colorado Springs$635,000

Buyer Closing Credits

$7,541*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1969
HeatingBaseboard
CoolingOther
MLS #2215654
StatusActive

About 127 University Dr

127 University Dr. is a Four Plex located in a quiet residential neighborhood consisting of four 2 bedroom 1 bathroom units. Owners in the surrounding area typically report low vacancy rates. A new owner will have the ability to increase rents to market rate. The properties have been well maintained and the units are in good condition relative to the surrounding market. The roof has been recently replaced.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Living Area: 3,381 SqFt

Listing Office:

  • Office Name: NorthPeak Commercial Advisors, LLC
  • Office Phone: (303) 880-7442
  • Listing Agent: Zachary Hansen

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Other

School Info

Assigned Schools Information:

  • Mitchell High School, Public District Grades 9-12
  • Jack Swigert Aerospace Academy, Public District Grades 6-8
  • Monroe Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $635,000
  • Price Per SqFt: $188/SqFt

Tax Information:

  • Annual Amount: $2,024
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$455K

Med. Price/SqFt

$232

Avg. Days On Market

40

# of Sold Homes

217

127 University Dr vs Colorado Springs

94 DAYS ON ROCKET

+54 Days

$635,000

+$180K More

$188/SqFt

-$44 Less

KEY TAKEAWAY

This property is $180K more than the Median Sold Price and $44/SqFt less than other homes in Colorado Springs, CO.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #2215654

Listing Office:

  • Office Name: NorthPeak Commercial Advisors, LLC
  • Office Phone: (303) 880-7442
  • Listing Agent: Zachary Hansen

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 12:57:47 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

Jan 28, 2021Home Sold
$425,000
Mar 23, 2018Home Sold
$530,000
Jan 09, 2008Home Sold
$180,000
Jun 07, 2005Home Sold
$265,000
Aug 19, 2002Home Sold
$229,500
Dec 29, 2000Home Sold
$179,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,024$22,200
2019$1,366$22,200
2018$1,295$18,630
2017$1,038$18,630

History based on county public records data.

Payment Calculator

$3,237

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,970

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.

Elementary School

school-card-donut-1865190
5
/10
  • Monroe Elementary School

  • 15 S Chelton Rd

  • 0.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1865191
3
/10
  • Jack Swigert Aerospace Academy

  • 4220 E Pikes Peak Ave

  • 0.81 miles

  • Public District Grades 6-8

High School

school-card-donut-1865192
2
/10
  • Mitchell High School

  • 1205 Potter Dr

  • 1.55 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,346. Most Colorado Springs, CO residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Colorado›El Paso County›Colorado Springs›80910›127 University Dr

This home is located at 127 University Dr in Colorado Springs, CO and zip code 80910 in the Southeast Colorado Springs neighborhood. This 3,381 square foot home was built in 1969. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $635,000.

While more than 52 listings in Colorado Springs, CO in October 2024 were sold above asking price, there were more than 66 listings sold at asking price, and more than 99 were sold below. The number of listings in Colorado Springs, CO increased by 26.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $455,000, while the average time on the real estate market was 40 days.

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

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