3 months on rocket

5353 Palomino Ranch Pt Unit 202, Colorado Springs, CO, 80922

$295,000

Home List Price

$3,503*

Closing Credit

2 Bedrooms
2 Full Baths
1,063 SqFt
$278/SqFt
Condo

Location

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5353 Palomino Ranch Pt Unit 202, Colorado Springs$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Detached
Year Built2007
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), Central Air
FireplaceGas, One
ViewCity
MLS #2365644
StatusActive

About 5353 Palomino Ranch Pt Unit 202

Step into this beautifully maintained, clean, and bright 2-bedroom, 2-bathroom condominium, featuring a detached one-car garage. Centrally situated along the thriving Powers Corridor, this home offers unparalleled convenience near Powers and Stetson Hills. You’ll find yourself minutes away from a plethora of shopping, delightful restaurants, the airport, and several military bases. This move-in ready gem has brand new carpet and fresh paint, ensuring a pristine living space. Upon entering this second floor unit, an open and inviting living area will greet you. Natural light bathes this home, creating a warm and welcoming atmosphere. The well-designed kitchen seamlessly flows into the living room, where you’ll find a cozy fireplace perfect for those chilly evenings. A door from the living room leads to a private balcony, your own personal retreat for unwinding after a long day or enjoying a morning cup of coffee. The smart layout of this condominium features two spacious ensuite bedrooms located on opposite ends of the unit, providing maximum privacy for you and your guests. Each bedroom is a serene haven with ample closet space and well-appointed bathrooms. Experience a perfect blend of comfort, style, and tasteful design in this highly desirable community. Don’t miss out on the opportunity to make this charming home yours. Call today to schedule your private showing and embrace a lifestyle of easy maintenance!

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 1,063 SqFt

Listing Office:

  • Office Name: Falcon Property Company
  • Office Phone: (719) 895-5600
  • Listing Agent: Mimi Foster Feith AHWD EPRO GRI MRP

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Vinyl, Laminate
  • Interior: Nine Foot Plus Ceilings, Great Room
  • Fireplace: Gas, One

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Detached

Lot Features

Lot Information:

  • Lot: City Lot, Level

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $278/SqFt

HOA Fees:

  • Amount: $345
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $761
  • 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

5353 Palomino Ranch Pt Unit 202 vs Colorado Springs

104 DAYS ON ROCKET

+64 Days

$295,000

-$160K Less

$278/SqFt

+$46 More

KEY TAKEAWAY

This property is $160K less than the Median Sold Price and $46/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #2365644

Listing Office:

  • Office Name: Falcon Property Company
  • Office Phone: (719) 895-5600
  • Listing Agent: Mimi Foster Feith AHWD EPRO GRI 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: 11/22/2024, 11:55:52 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

Jan 25, 2010Home Sold
$140,000
Nov 25, 2009Home Sold
$1,391,541

Tax History

YEARPROP. TAXASSESSMENT
2020$761$11,950
2019$601$11,950
2018$604$9,370
2017$674$9,370

History based on county public records data.

Payment Calculator

$1,885

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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-813050
4
/10
  • Odyssey Elementary School

  • 6275 Bridle Spur Ave

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-813051
4
/10
  • Stetson Elementary School

  • 4910 Jedediah Smith Rd

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-813052
6
/10
  • Ridgeview Elementary School

  • 6753 Shimmering Creek Dr

  • 1.23 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,628. Residents of Colorado Springs, CO typically earn between $35k-100k each year. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5353 Palomino Ranch Pt Unit 202

What is the listing price of this property?

The listing price of 5353 Palomino Ranch Pt Unit 202 property is $295,000.

What type of property is this?

The property 5353 Palomino Ranch Pt Unit 202 is a condo located in Colorado Springs, Colorado, 80922.

Is this property for sale now?

Active Listing: 5353 Palomino Ranch Pt Unit 202 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 $761 (source: MLS/based on county public records data).

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

The last sale was on January 25, 2010 for $140,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5353 Palomino Ranch Pt Unit 202 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5353 Palomino Ranch Pt Unit 202 is 1,063 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5353 Palomino Ranch Pt Unit 202 is 2007.

Rocket HomesColoradoEl Paso CountyColorado Springs809225353 Palomino Ranch Pt Unit 202

This home is located at 5353 Palomino Ranch Pt Unit 202 in Colorado Springs, CO and zip code 80922 in the Powers neighborhood. This 1,063 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $295,000.

In October 2024 more than 52 listings in Colorado Springs, CO were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 99 were sold below. In October 2024 in Colorado Springs, CO there were 26.2% more homes for sale than in September 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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