8 days on rocket

806 Paradise Ln, Colorado Springs, CO, 80904

$647,000

Home List Price

$7,683*

Closing Credit

5 Bedrooms
2 Full Baths
2,180 SqFt
$297/SqFt
House

Location

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806 Paradise Ln, Colorado Springs$647,000

Buyer Closing Credits

$7,683*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingN/A
Year Built1972
HeatingBaseboard, Forced Air
CoolingCeiling Fan(s)
WaterfrontSee Remarks
ViewSee Remarks
MLS #9786886
Lot Size0.17 Acres
StatusActive

About 806 Paradise Ln

Prime Investment Opportunity in Colorado Springs' Coveted West Side! Seize this rare chance to own a high-demand duplex in one of Colorado Springs’ most sought-after locations. Perfectly positioned near iconic attractions like Garden of the Gods, the charming boutiques and dining of Old Colorado City, and the convenience of the Uintah Shopping Center, this property offers unmatched potential for investors looking to capitalize on the area’s desirability. This turnkey investment features two income-generating units: Upper Unit: A spacious 3-bedroom, 1-bath unit with a stackable washer and dryer and a large backyard, perfect for attracting long-term tenants or families seeking outdoor space. Lower Unit: A newly renovated 2-bedroom, 1-bath unit with modern updates and its own stackable washer and dryer, appealing to tenants seeking stylish and move-in-ready living. Key investment perks include alley access, a prime West Side location with strong rental demand, and the flexibility to maximize ROI through long-term or short-term leasing strategies. Properties like this in the West Side don’t last long—especially with its dual-unit setup and income potential. Act today to secure this highly profitable asset and start building your portfolio immediately. Call now to schedule your showing and make it yours!

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Living Area: 2,180 SqFt

Listing Office:

  • Office Name: Better Homes & Gardens Real Estate - Kenney & Co
  • Office Phone: (719) 550-1515
  • Listing Agent: Michael Kenney

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Washer
  • Basement: No
  • Flooring Type: Tile, Vinyl, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: See Remarks
  • View: See Remarks

Parking Information:

  • Parking: N/A

Virtual/3D Tour

  • 3D Tour: 806 Paradise Ln
3D Tour

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, See Remarks
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $647,000
  • Price Per SqFt: $297/SqFt

Tax Information:

  • Annual Amount: $1,413
  • 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

806 Paradise Ln vs Colorado Springs

8 DAYS ON ROCKET

-43 Days

$647,000

+$157.1K More

$297/SqFt

+$77 More

KEY TAKEAWAY

This property is $157.1K more than the Median Sold Price and $77/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #9786886

Listing Office:

  • Office Name: Better Homes & Gardens Real Estate - Kenney & Co
  • Office Phone: (719) 550-1515
  • Listing Agent: Michael Kenney

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, 12:21:04 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

Sep 17, 2020Home Sold
$354,500
Mar 24, 2014Home Sold
$230,000
Oct 12, 2010Home Sold
$174,900
Jun 10, 2010Home Sold
$271,398
Oct 24, 2006Home Sold
$245,000
Jul 21, 2006Home Sold
$143,384
Jun 04, 2003Home Sold
$174,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,413$20,820
2019$1,323$20,820
2018$1,254$18,040
2017$1,023$18,040

History based on county public records data.

Payment Calculator

$3,297

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,006

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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-4533876
7
/10

  • Howbert Elementary School

  • 1023 N 31st St

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-4533877
3
/10

  • Midland Elementary School

  • 2110 Broadway Ave

  • 1.49 miles

  • Public District Grades PK-5

school-card-donut-4533878
5
/10

  • Bristol Elementary School

  • 890 N Walnut St

  • 1.62 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 $64,145. The majority of Colorado Springs, CO residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 806 Paradise Ln

What is the listing price of this property?

The listing price of 806 Paradise Ln property is $647,000.

What type of property is this?

The property 806 Paradise Ln is a house located in Colorado Springs, Colorado, 80904.

Is this property for sale now?

Active Listing: 806 Paradise Ln 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 $1,413 (source: MLS/based on county public records data).

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

The last sale was on September 17, 2020 for $354,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 806 Paradise Ln has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 806 Paradise Ln is 2,180 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 806 Paradise Ln is 1972.

Rocket Homes›Colorado›El Paso County›Colorado Springs›80904›806 Paradise Ln

This home is located at 806 Paradise Ln in Colorado Springs, CO and zip code 80904 in the Mesa / Indian Heights neighborhood. This 2,180 square foot home, which was built in 1972, sits on a 0.17 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $647,000.

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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