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Sold for $490,000
    • $490,000

    1850 Palm Dr, Colorado Springs, CO 80918

    4beds
    2,949sqft
    Single Family Residence
    Built in 1992
    10,162 Square Feet Lot
    $490,900 Zestimate®
    $166/sqft
    $2,794 Estimated rent

    Home value

    $490,900

    $466,000 - $515,000

    $2,794/mo

    Zestimate® history
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    What's special

    Walkout basementNew brick retaining wallFamily roomDining roomTwo large decksHuge master bedroomDry bar
    In the secluded University Park neighborhood, this fully updated home is ready to go for years or decades to come. Nearly every major component of the home is new, central AC (2025), furnace (2025), water heater (2025), windows (2025), brick retaining wall (2025), driveway (2025), as well paint, flooring, bathroom and kitchen upgrades. The modern floor plan includes the huge master bedroom has a walk-in closet, a large soaking tub, and a double vanity. The home has a total of 4 bedrooms and 3 and 1/2 bathrooms, with two more bedrooms and a full bathroom upstairs, with another bedroom and bathroom in the basement. There is plenty of space for a large family, with a living room, family room, and dining room on the main level, in addition to a huge rec room in the basement with a dry bar. The 10,000 square foot lot has two large decks and a walkout basement, a new brick retaining wall, with plenty of space to make your landscaping dreams come true.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Hirleman 719-494-3780,

    Lion Realty LLC

    Bought with:

    Janna Mulder GRI

    Broadmoor Bluffs Realty

    Source: elevateMLS,MLS#: 3907883MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Other
    • Level: Upper
    • Area: 208 Square Feet
    • Dimensions: 13 x 16
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: 220v in Kitchen, Microwave, Range, Refrigerator
    • Laundry: Main Level
    Features
    • Flooring: Vinyl/Linoleum
    • Basement: Full,Partially Finished
    Interior area
    • Total structure area: 2,949
    • Total interior livable area: 2,949 sqft
    • Finished area above ground: 2,073
    • Finished area below ground: 876

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: 3 Story
    • Stories: 3
    • Patio & porch: Wood Deck
    Lot
    • Size: 10,162 Square Feet
    • Features: See Remarks
    Details
    • Additional structures: Storage
    • Parcel number: 6328205013

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Frame
    • Roof: Composite Shingle
    Condition
    • Existing Home
    • New construction: No
    • Year built: 1992

    Utilities & green energy

    • Water: Municipal
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $166/sqft
    • Tax assessed value: $494,091
    • Annual tax amount: $1,868
    • Date on market: 2/13/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/13/2026Sold$490,000$166/sqft
    Source: elevateMLS #3907883 Report a problem
    4/1/2026Pending sale$490,000$166/sqft
    Source: elevateMLS #3907883 Report a problem
    3/16/2026Contingent$490,000$166/sqft
    Source: elevateMLS #3907883 Report a problem
    3/13/2026Price change$490,000-2%$166/sqft
    Source: elevateMLS #3907883 Report a problem
    3/2/2026Price change$500,000-3.8%$170/sqft
    Source: elevateMLS #3907883 Report a problem
    2/13/2026Listed for sale$520,000$176/sqft
    Source: elevateMLS #3907883 Report a problem
    1/28/2026Listing removed$520,000$176/sqft
    Source: elevateMLS #1612741 Report a problem
    1/22/2026Contingent$520,000$176/sqft
    Source: elevateMLS #1612741 Report a problem
    1/15/2026Listed for sale$520,000$176/sqft
    Source: elevateMLS #1612741 Report a problem
    12/24/2025Contingent$520,000$176/sqft
    Source: elevateMLS #1612741 Report a problem
    12/12/2025Listed for sale$520,000+53.8%$176/sqft
    Source: elevateMLS #1612741 Report a problem
    9/19/2025Sold$338,000+69%$115/sqft
    Source: Public Record Report a problem
    5/29/2003Sold$200,000+29%$68/sqft
    Source: Public Record Report a problem
    8/2/2000Sold$155,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,493 +13.8%$33,100
    2023$1,311 -7.8%$33,100 +41.3%
    2022$1,423 $23,430 -2.8%
    2021-- $24,110 +16.7%
    2020$1,402 +0.5%$20,660
    2019$1,395 +25.4%$20,660 +29.1%
    2018$1,112 -5.3%$16,000
    2017$1,174 +5.6%$16,000 +4.9%
    2016$1,112 +25.8%$15,250
    2015$884 -1.7%$15,250 +2%
    2014$900 $14,950
    2013-- --
    2012-- $15,260
    2011$977 $15,260 -7.9%
    2010-- $16,570
    2009-- $16,570 +10.9%
    2008-- $14,940
    2006-- $14,940 +23.7%
    2004-- $12,080
    2003$785 +3.7%$12,080 -12.5%
    2002$757 -10.9%$13,800 -5.7%
    2001$850 $14,640
    Find assessor info on the county website

    Neighborhood: Northeast Colorado Springs

    Nearby homes

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $490,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $490,900

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