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Backup Offers

4140 Madrone Way, Colorado Springs, CO, 80918

$499,999

Home List Price

$5,937*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,196 SqFt
$228/SqFt
House

Location

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4140 Madrone Way, Colorado Springs$499,999

Buyer Closing Credits

$5,937*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached GarageYes
Year Built1998
HeatingForced Air
CoolingCeiling Fan(s)
BasementYes
FireplaceGas, Main Level, One
MLS #1650537
Lot Size0.21 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 4140 Madrone Way

BRAND NEW EXTERIOR PAINT - COME SEE THIS BEAUTIFUL 4-BEDROOM, 3-BATH, 2-STORY HOME ON A LARGE LOT IN THE DESIRABLE UNIVERSITY PARK NEIGHBORHOOD. STEP INSIDE TO HARDWOOD FLOORS AND A SPACIOUS LIVING AREA FEATURING A GAS FIREPLACE WITH A CUSTOM SLATE SURROUND AND UNIQUE LIGHTING THROUGHOUT. THE DINING ROOM INCLUDES AMPLE COUNTERTOP AND CABINET SPACE, AND THE KITCHEN BOASTS GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, AND A DINING AREA WITH A WALKOUT TO THE HUGE BACKYARD WITH A DECK, IDEAL FOR OUTDOOR GATHERINGS. UPSTAIRS, THE MASTER BEDROOM OFFERS A SERENE RETREAT WITH A WALK-IN CLOSET WITH CUSTOM SHELVES, AND A LUXURIOUS 5-PIECE ENSUITE BATH. TWO ADDITIONAL BEDROOMS, ANOTHER FULL BATH, AND A LAUNDRY AREA COMPLETE THE UPPER LEVEL. THE FINISHED BASEMENT INCLUDES A FOURTH BEDROOM WITH ITS OWN FULL BATH, PROVIDING EXTRA SPACE FOR GUESTS OR A HOME OFFICE. THE PROFESSIONALLY CLEANED CARPET COMES WITH A TRANSFERABLE LIFETIME WARRANTY. NESTLED IN A QUIET AND SERENE SETTING, THIS HOME OFFERS SPECTACULAR VIEWS AND EASY ACCESS TO TRAILS, OPEN SPACES, DINING, AND SHOPPING. SCHEDULE YOUR SHOWING TODAY!

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Living Area: 2,196 SqFt

Listing Office:

  • Office Name: RE/MAX Real Estate Group LLC
  • Office Phone: (719) 534-7900
  • Listing Agent: Daniel Stephens MRP

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Wood
  • Interior: Five Piece Bath, See Remarks
  • Fireplace: Gas, Main Level, One

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,999
  • Price Per SqFt: $228/SqFt

Tax Information:

  • Annual Amount: $1,415
  • Tax Year: 2020
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Housing Market Comparison

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

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Colorado Springs, CO

City

Med. Sold Price

$489.9K

Med. Price/SqFt

$220

Avg. Days On Market

51

# of Sold Homes

173

4140 Madrone Way vs Colorado Springs

145 DAYS ON ROCKET

+94 Days

$499,999

+$10K More

$228/SqFt

+$8 More

KEY TAKEAWAY

This property is $10K more than the Median Sold Price and $8/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #1650537

Listing Office:

  • Office Name: RE/MAX Real Estate Group LLC
  • Office Phone: (719) 534-7900
  • Listing Agent: Daniel Stephens MRP

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: 12/18/2024, 5:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 30, 2005Home Sold
$237,000
Jun 30, 1998Home Sold
$161,200
Mar 02, 1998Home Sold
$32,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,415$20,850
2019$1,483$20,850
2018$1,405$20,220
2017$1,135$20,220

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-57119
4
/10

  • Edison Elementary School

  • 3125 N Hancock Ave

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-57120
6
/10

  • Colorado International Language Academy

  • 303 Austin Bluffs Pkwy

  • 1.17 miles

  • Public Charter Grades KG-6

school-card-donut-57121
4
/10

  • Grant Elementary School

  • 3215 Westwood Blvd

  • 1.44 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 $77,516. Most Colorado Springs, CO residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4140 Madrone Way

What is the listing price of this property?

The listing price of 4140 Madrone Way property is $499,999.

What type of property is this?

The property 4140 Madrone Way is a house located in Colorado Springs, Colorado, 80918.

Is this property for sale now?

Accepting Backup Offers: 4140 Madrone Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,415 (source: MLS/based on county public records data).

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

The last sale was on August 30, 2005 for $237,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4140 Madrone Way has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4140 Madrone Way is 2,196 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4140 Madrone Way is 1998.

Rocket Homes›Colorado›El Paso County›Colorado Springs›80918›4140 Madrone Way

This home is located at 4140 Madrone Way in Colorado Springs, CO and zip code 80918 in the Northeast Colorado Springs neighborhood. This 2,196 square foot home, which was built in 1998, sits on a 0.21 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $499,999.

While more than 38 listings in Colorado Springs, CO in November 2024 were sold above asking price, there were more than 46 listings sold at asking price, and 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%. While the average time on the market in November 2024 was 51 days, the median list price was $489,900.

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

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