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218 Iowa Ave, Colorado Springs, CO, 80909

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,678 SqFt
$253/SqFt
House

Location

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218 Iowa Ave, Colorado Springs$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Year Built1927
HeatingBaseboard
CoolingCeiling Fan(s), Wall Unit(s)
FireplaceNone
MLS #3975937
Lot Size0.20 Acres
StatusActive

About 218 Iowa Ave

Incredible Opportunity to Own a Fully Renovated Home on a C6 Zoned Lot! This home boasts a professionally updated interior and comes with a large workshop/ garage at an impressively spacious 1,152 sq. ft. and more importantly a heated garage. enough to home for 4 or 5 cars. The garage features a half bath (with the potential to add a shower) and stairs to a loft area that could be transformed into an office or rentable space! Step inside this charming ranch you'll immediately appreciate the open flow of the living room leading into the kitchen, which overlooks the dining area. Meticulously renovated home in 2022 from top to bottom, with no detail overlooked. New energy-efficient baseboard heating (no filters to change) and a unique tankless water heater system (low maintenance and no bulky tank!) ensure comfort and savings. The 200-amp electrical panel offers plenty of capacity, whether you power an electric car or any other high-demand equipment. The kitchen is a true standout, featuring ample cabinet space, modern granite countertops, a stylish backsplash, stainless steel appliances, and large windows that flood the space with natural light. Adjacent to the kitchen, the laundry room is equipped with a washer and dryer, and doubles as a convenient mudroom or even a large pantry. The oversized master bedroom includes a generous walk-in closet, while the bathroom features a beautifully tiled shower with floor-to-ceiling tile. Bedroom two is perfect for a home office or game room, offering flexibility for your needs. A unique investment opportunity—live in the house and rent out the garage/shop space or explore other options. The expansive lot has room for RVs, boats, or all your outdoor toys and equipment. Located centrally with its unique stores and restaurants, downtown, Memorial Park, UC Health Memorial Hospital, and just a short walk to The Olympic Training Center. **Check out the Virtual tour **

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 1,678 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Real Estate of the Rockies
  • Office Phone: (303) 438-8080
  • Listing Agent: Susan Craske

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Luxury Vinyl
  • Interior: See Remarks
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Ceiling Fan(s), Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $253/SqFt

Tax Information:

  • Annual Amount: $970
  • 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

218 Iowa Ave vs Colorado Springs

1 DAY ON ROCKET

-39 Days

$425,000

-$30K Less

$253/SqFt

+$21 More

KEY TAKEAWAY

This property is $30K less than the Median Sold Price and $21/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #3975937

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Real Estate of the Rockies
  • Office Phone: (303) 438-8080
  • Listing Agent: Susan Craske

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: 11/23/2024, 6:20:52 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 05, 2021Home Sold
$300,000
Sep 17, 2013Home Sold
$122,000
Feb 02, 2007Home Sold
$140,000
Jan 31, 2007Home Sold
$124,034

Tax History

YEARPROP. TAXASSESSMENT
2020$970$14,290
2019$815$14,290
2018$772$11,110
2017$603$11,110

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-830829
5
/10
  • Queen Palmer Elementary School

  • 1921 E Yampa St

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-830830
6
/10
  • Rogers Elementary School

  • 110 S Circle Dr

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-830831
3
/10
  • Columbia Elementary School

  • 835 E Saint Vrain St

  • 1.01 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,922. Typical income of Colorado Springs, CO residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 218 Iowa Ave

What is the listing price of this property?

The listing price of 218 Iowa Ave property is $425,000.

What type of property is this?

The property 218 Iowa Ave is a house located in Colorado Springs, Colorado, 80909.

Is this property for sale now?

Active Listing: 218 Iowa Ave 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 $970 (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 5, 2021 for $300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 218 Iowa Ave has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 218 Iowa Ave is 1,678 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 218 Iowa Ave is 1927.

Rocket Homes›Colorado›El Paso County›Colorado Springs›80909›218 Iowa Ave

This home is located at 218 Iowa Ave in Colorado Springs, CO and zip code 80909 in the Central Colorado Springs neighborhood. This 1,678 square foot home, which was built in 1927, sits on a 0.20 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $425,000.

Colorado Springs, CO housing market in October 2024 saw over 52 listings sold above listed price, more than 66 sold at listed price and over 99 sold below. The number of homes for sale in Colorado Springs, CO increased by 26.2% between September 2024 and October 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $455,000.

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

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