** Investor or Sweat Equity Opportunity in Colorado Springs! Featuring 5 Bedrooms, 2 Bathrooms, Attached 1-car Garage, this home could be an excellent opportunity for an investor looking for their next investment/project or a handy buyer looking to add value and build sweat equity through renovations & improvements. Some big-ticket mechanicals are already addressed, a New Furnace and A/C were installed in 2026. Bathrooms were also updated within the last few years. With some updating and TLC, this property has the potential to become a great home or a worthwhile investment. *SHORT SALE - SOLD AS IS!*
For sale
Price cut: $35K (9/3)
$315,000
1435 Peterson Rd, Colorado Springs, CO 80915
5beds
1,642sqft
Single Family Residence
Built in 1972
5,401 Square Feet Lot
$-- Zestimate®
$192/sqft
$-- HOA
What's special
- 36 days
- 1,793
- 261
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ivan Hernandez 719-964-2931,
Luxe Realty, Inc.
Source: elevateMLS,MLS#: 2312413
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Lower Level
Features
- Has basement: No
Interior area
- Total structure area: 1,642
- Total interior livable area: 1,642 sqft
- Finished area above ground: 1,642
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: Bi-level
- Patio & porch: Other
Lot
- Size: 5,401 Square Feet
- Features: See Remarks
Details
- Parcel number: 5408205014
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- See Prop Desc Remarks, Frame
- Foundation: Garden Level
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 1972
Utilities & green energy
- Water: Municipal
- Utilities for property: Electricity Connected
Community & HOA
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $349,969
- Annual tax amount: $1,495
- Date on market: 8/26/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $315,000-10%$192/sqft |
Source:  elevateMLS #2312413 Report a problem | ||
| 8/26/2026 | Listed for sale | $350,000-12.3%$213/sqft |
Source: elevateMLS #2312413 Report a problem | ||
| 4/14/2023 | Sold | $399,000$243/sqft |
Source: Public Record Report a problem | ||
| 3/18/2023 | Contingent | $399,000$243/sqft |
Source: elevateMLS #2305740 Report a problem | ||
| 1/27/2023 | Listed for sale | $399,000+20.9%$243/sqft |
Source: elevateMLS #2305740 Report a problem | ||
| 9/8/2020 | Sold | $330,000+4.8%$201/sqft |
Source: Public Record Report a problem | ||
| 7/13/2020 | Listed for sale | $315,000+320.6%$192/sqft |
Source: Merit Company Inc #1377902 Report a problem | ||
| 11/4/1993 | Sold | $74,900$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,364 +9.1% | $24,670 +1.2% |
| 2024 | $1,250 +7.3% | $24,370 |
| 2023 | $1,165 -6.5% | $24,370 +41.8% |
| 2022 | $1,246 | $17,190 -2.8% |
| 2021 | -- | $17,690 +22.2% |
| 2020 | $1,142 +0.4% | $14,480 |
| 2019 | $1,137 +34.3% | $14,480 +37.6% |
| 2018 | $847 -4.6% | $10,520 |
| 2017 | $887 +4.8% | $10,520 +1.5% |
| 2016 | $847 +20.1% | $10,360 |
| 2015 | $705 +7.8% | $10,360 +11.3% |
| 2014 | $654 | $9,310 |
| 2013 | -- | -- |
| 2012 | -- | $9,770 |
| 2011 | $707 | $9,770 -10.4% |
| 2010 | -- | $10,900 |
| 2009 | -- | $10,900 -1% |
| 2008 | -- | $11,010 |
| 2006 | -- | $11,010 +16.9% |
| 2004 | -- | $9,420 |
| 2003 | $618 +3.6% | $9,420 -10.8% |
| 2002 | $597 +4.6% | $10,560 +10% |
| 2001 | $571 | $9,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Cimarron Hills
Nearby schools
Schools provided by the listing agent
- District: Colorado Springs 11
Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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