514 Placid Rd, Colorado Springs, CO, 80910

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

514 Placid Rd, Colorado Springs$340,000

Buyer Closing Credits

$4,038^*

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

ParkingDetached

Year Built1959

HeatingForced Air

CoolingCeiling Fan(s)

BasementYes

WaterfrontSee Remarks

FireplaceWood Burning

ViewSee Remarks

MLS #8261326

Lot Size0.15 Acres

StatusAccepting Backup Offers
(Active Under Contract)

About 514 Placid Rd

Welcome to this spacious 5-bedroom, 2-bathroom home, ideally located just minutes from all three military bases, making it a perfect choice for military families. This property offers a large, fully fenced backyard—ideal for families, pets, and outdoor activities. The expansive concrete patio is perfect for summer gatherings, BBQs, and relaxation. Inside, you'll find generous living spaces, a well-appointed kitchen, and ample storage. The two-car tandem detached garage provides convenient parking and extra storage. With its prime location and great amenities, this home is the perfect blend of comfort, privacy, and convenience. Don’t miss the chance to make it yours!

View More

Property Details

Property Features

Property Information:

• Year Built: 1959
• Living Area: 2,146 SqFt

Listing Office:

• Office Name: The Cutting Edge
• Office Phone: (719) 999-5067
• Listing Agent: Kellie Peek

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
• Basement: Yes
• Flooring Type: Carpet, Ceramic Tile
• Interior: See Remarks
• Fireplace: Wood Burning

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 5

Exterior Features

Exterior Information:

• Waterfront: See Remarks
• View: See Remarks
• Exterior: Storage

Parking Information:

• Attached Garage: No
• Parking: Detached

Lot Features

Lot Information:

• Lot: Level, See Remarks
• Lot Size: 0.15 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

• List Price: $340,000
• Price Per SqFt: $158/SqFt

Tax Information:

• Annual Amount: $842
• 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

514 Placid Rd vs Colorado Springs

11 DAYS ON ROCKET

-40 Days

$340,000

-$149.9K Less

$158/SqFt

-$62 Less

KEY TAKEAWAY

This property is $149.9K less than the Median Sold Price and $62/SqFt less than other homes in Colorado Springs, CO.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #8261326

Listing Office:

• Office Name: The Cutting Edge
• Office Phone: (719) 999-5067
• Listing Agent: Kellie Peek

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, 10:21:03 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
Jan 16, 2020	Jan 16, 2020Home Sold	$253,000
Aug 07, 2017	Aug 07, 2017Home Sold	$159,000
Jan 22, 2015	Jan 22, 2015Home Sold	$115,900
Nov 03, 2009	Nov 03, 2009Home Sold	$137,000
Aug 27, 2007	Aug 27, 2007Home Sold	$126,026
Jul 18, 2006	Jul 18, 2006Home Sold	$156,000
Jan 10, 2006	Jan 10, 2006Home Sold	$105,000
Jul 14, 2003	Jul 14, 2003Home Sold	$125,000

View More

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$842	$12,400
2019	$731	$12,400
2018	$693	$9,970
2017	$646	$9,970

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.

$1,764

Per Month

Principal & Interest

$1,697

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

$1,086

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Colorado›El Paso County›Colorado Springs›80910›514 Placid Rd

This home is located at 514 Placid Rd in Colorado Springs, CO and zip code 80910 in the Central Colorado Springs neighborhood. This 2,146 square foot home, which was built in 1959, sits on a 0.15 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $340,000.

Colorado Springs, CO housing market in November 2024 saw over 38 listings sold above listed price, more than 46 sold at listed price and over 89 sold below. The inventory of homes for sale in Colorado Springs, CO between October 2024 and November 2024 increased by 14.4%. The median list price of listings available in November 2024 was $489,900, while the average time on the real estate market was 51 days.

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