3 months on rocket

7074 Mustang Rim Dr, Colorado Springs, CO, 80923

$508,500

Home List Price

$6,038*

Closing Credit

2 Bedrooms
2 Full Baths
2,748 SqFt
$185/SqFt
House

Location

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7074 Mustang Rim Dr, Colorado Springs$508,500

Buyer Closing Credits

$6,038*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached GarageYes
Year Built2018
HeatingForced Air
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceGas, Main Level, One
ViewCity, Mountain(s)
MLS #8885118
Lot Size0.15 Acres
StatusActive

About 7074 Mustang Rim Dr

Conveniently located between Marksheffel Rd and Powers Blvd this Classic Homes ranch floorplan offers quick access to multiple restaurants, shops, amenities, and a flourishing space of new commercial development. Indigo Ranch provides an easy commute for those traveling to the Colorado Springs Airport, military bases, or needing to hop on i83. This popular Providence II floorplan greets you with high vaulted ceilings and LVP flooring throughout the main level, including the primary suite and second bedroom. Your gourmet kitchen offers granite countertops, oversized cabinets, stainless steel appliances, and a large pantry. A convenient dining and living room combo separate the kitchen peninsula and are both perfect for at home gatherings. Your open living room offers not just a dining room combo, but a warm gas fireplace with a walkout to a covered patio with composite decking and southwest facing views and sweeping views of the Rocky Mountains and Pikes Peak. Down the hall you'll find your primary bedroom suite with large walk-in closet and adjoined 5-piece bathroom. Your second bedroom, full bathroom and laundry room are also located down the hall. Downstairs is your large unfinished walkout basement awaiting your personal touch. Your future plans include rough-in plumbing for an additional third full bathroom. The backyard has been meticulously considered and is perfect for hosting and entertaining. Your rear composite deck comes with shades for those extra sunny days, stairs for access to lower level, low maintenance turf has been installed along with a pergola, a custom brick-laid patio and portable gas fire pit. Front yard has active sprinkler system, and backyard has irrigation plumbed around existing turf should new buyer choose to install real grass - irrigation is already in place, but capped! Be sure to check it out today!

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 2,748 SqFt

Listing Office:

  • Office Name: The Cutting Edge
  • Office Phone: (719) 999-5067
  • Listing Agent: Robert Youngs ABR MRP

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Laminate
  • Interior: Five Piece Bath, Vaulted Ceiling(s)
  • Fireplace: Gas, Main Level, One

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City, Mountain(s)
  • Exterior: Porch/Covered

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Virtual/3D Tour

  • Virtual Tour: 7074 Mustang Rim Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot, Level, Views
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $508,500
  • Price Per SqFt: $185/SqFt

HOA Fees:

  • Amount: $225
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,397
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$489.9K

Med. Price/SqFt

$220

Avg. Days On Market

51

# of Sold Homes

173

7074 Mustang Rim Dr vs Colorado Springs

92 DAYS ON ROCKET

+41 Days

$508,500

+$18.6K More

$185/SqFt

-$35 Less

KEY TAKEAWAY

This property is $18.6K more than the Median Sold Price and $35/SqFt less than other homes in Colorado Springs, CO.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #8885118

Listing Office:

  • Office Name: The Cutting Edge
  • Office Phone: (719) 999-5067
  • Listing Agent: Robert Youngs ABR 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: 12/21/2024, 11:56:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,397$24,370
2019$1,920$24,370
2018$1,113$19,490
2017$168$11,300

History based on county public records data.

Payment Calculator

$2,623

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,591

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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-868884
6
/10
  • Ridgeview Elementary School

  • 6753 Shimmering Creek Dr

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-868885
4
/10
  • Inspiration View Elementary School

  • 9233 Vista Del Pico Blvd

  • 1.36 miles

  • Public District Grades PK-5

school-card-donut-868886
4
/10
  • Stetson Elementary School

  • 4910 Jedediah Smith Rd

  • 1.80 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,413. The majority of Colorado Springs, CO residents have income between $35k-100k annually. Most families are married, with 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 7074 Mustang Rim Dr

What is the listing price of this property?

The listing price of 7074 Mustang Rim Dr property is $508,500.

What type of property is this?

The property 7074 Mustang Rim Dr is a house located in Colorado Springs, Colorado, 80923.

Is this property for sale now?

Active Listing: 7074 Mustang Rim Dr 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 $2,397 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7074 Mustang Rim Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7074 Mustang Rim Dr is 2,748 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7074 Mustang Rim Dr is 2018.

Rocket HomesColoradoEl Paso CountyColorado Springs809237074 Mustang Rim Dr

This home is located at 7074 Mustang Rim Dr in Colorado Springs, CO and zip code 80923 in the Powers neighborhood. This 2,748 square foot home, which was built in 2018, sits on a 0.15 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $508,500.

In November 2024 more than 38 listings in Colorado Springs, CO were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 89 were sold below. In November 2024 in Colorado Springs, CO there were 14.4% more homes for sale than in October 2024. In November 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $489,900.

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

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