17 days on rocket

530 N Institute St, Colorado Springs, CO, 80903

$489,900

Home List Price

$5,818*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,584 SqFt
$309/SqFt
House

Location

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530 N Institute St, Colorado Springs$489,900

Buyer Closing Credits

$5,818*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAvailable
Year Built1951
HeatingRadiant
CoolingCeiling Fan(s)
BasementYes
MLS #5816986
Lot Size0.08 Acres
StatusActive

About 530 N Institute St

Charming 4-Bedroom, 2-Bathroom Home in the Heart of Colorado Springs! Nestled on a prime corner lot, this beautifully updated home offers a perfect blend of modern comforts and unbeatable location. Just a short walk to downtown Colorado Springs, Memorial Hospital, the Olympic Training Center, and a variety of restaurants, coffee shops, parks, schools, and walking trails, this home is an ideal spot for those who want to live near all the action. Step inside to discover an inviting living space with refinished wood floors and brand-new LVP throughout. The home has been freshly repainted, and both bathrooms have been completely remodeled with stylish, high-end finishes. Other recent updates include new solid core doors, updated light fixtures, and brand-new insulating cellular blinds, ensuring a sleek, energy-efficient environment. The kitchen is a delight, featuring a brand-new fridge and gas stove, ready for your culinary adventures. The private patio is a peaceful retreat, perfect for enjoying Colorado's gorgeous weather. The new fence offers added privacy, while the freshly painted exterior and new exterior door enhance the home's curb appeal. Convenience is key, with two parking spots available on the side of the house. With so many updates and an ideal location, this home is truly a must-see. Don’t miss the opportunity to live in one of Colorado Springs' most sought-after neighborhoods!

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Living Area: 1,584 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Yes
  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Parking: Available

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,900
  • Price Per SqFt: $309/SqFt

Tax Information:

  • Annual Amount: $1,144
  • 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

530 N Institute St vs Colorado Springs

17 DAYS ON ROCKET

-34 Days

$489,900

-$0 Less

$309/SqFt

+$89 More

KEY TAKEAWAY

This property is $0 less than the Median Sold Price and $89/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #5816986

Listing Office:

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

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: 12/21/2024, 10:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 18, 2018Home Sold
$305,000
Jul 06, 2017Home Sold
$249,900
Feb 08, 2013Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,144$16,850
2019$1,085$16,850
2018$1,028$14,790
2017$821$14,790

History based on county public records data.

Payment Calculator

$2,513

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,535

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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-806272
3
/10

  • Columbia Elementary School

  • 835 E Saint Vrain St

  • 0.10 miles

  • Public District Grades PK-5

school-card-donut-806273
5
/10

  • Queen Palmer Elementary School

  • 1921 E Yampa St

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-806274
8
/10

  • Steele Elementary School

  • 1720 N Weber St

  • 1.32 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 $67,321. Most Colorado Springs, CO residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 530 N Institute St

What is the listing price of this property?

The listing price of 530 N Institute St property is $489,900.

What type of property is this?

The property 530 N Institute St is a house located in Colorado Springs, Colorado, 80903.

Is this property for sale now?

Active Listing: 530 N 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 $1,144 (source: MLS/based on county public records data).

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

The last sale was on December 18, 2018 for $305,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 530 N Institute St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 530 N Institute St is 1,584 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 530 N Institute St is 1951.

Rocket Homes›Colorado›El Paso County›Colorado Springs›80903›530 N Institute St

This home is located at 530 N Institute St in Colorado Springs, CO and zip code 80903 in the Central Colorado Springs neighborhood. This 1,584 square foot home, which was built in 1951, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $489,900.

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 number of listings in Colorado Springs, CO increased by 14.4% between October 2024 and November 2024. 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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