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Sold for $460,000
  • $460,000

    225 N Institute St, Colorado Springs, CO 80903

    --beds
    --baths
    --sqft
    Single Family Residence
    Built in 1956
    -- sqft lot
    $447,100 Zestimate®
    $--/sqft
    $1,730 Estimated rent

    Home value

    $447,100

    $425,000 - $469,000

    $1,730/mo

    Zestimate® history
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    $1,730/mo

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    $1,730/mo

    Rent Zestimate®

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    $2,857/mo

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    $2,857/mo

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    What's special

    Endless possibilities ~ This charming 4 bedroom, 2 bathroom home is perfect for multi-generational living, downstairs rental income potential with a separate exterior entrance, or as a single family home in the Desirable Downtown Colorado Springs area. As you enter the home you are greeted with a large living room that flows into the dining room and kitchen. The kitchen offers custom knotty alder cabinetry, tile floor, tile countertops, and a walkout to the patio area and garage. Two generously sized bedrooms and a full bathroom (new poly laminate surround) complete the main level. The downstairs space has two bedrooms, a full bathroom (new poly laminate surround), living room and kitchen complete with tile floors, custom red oak cabinets, full size appliances and breakfast bar. Off of the downstairs kitchen is the separate entrance into the unit. Step out to the patio and enjoy the private outdoor space and the pergola on the side of the home. The oversized 24x24 garage with an 8-foot garage door, epoxy floor, and overhead storage offers plenty of space for parking and a workshop. The exterior of the home and the interior and exterior of the garage are freshly painted. This home places you near everything ~ walking distance to breweries, eateries, shopping, galleries, parks and civic events. Schedule your showing today, this home is a must-see!

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura Gann 719-322-6560,

    Springs Premier Brokerage LLC

    Bought with:

    Alec Brunk

    MB-Brunk and Brunk Inc

    Source: elevateMLS,MLS#: 7728264MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • Other
    Appliances
    • Included: Microwave, Oven, Range, Refrigerator
    • Laundry: Electric Hook-up
    Features
    • Basement: Full
    • Has fireplace: No
    • Fireplace features: None

    Property

    Features
    • Fencing: Full
    Lot
    • Size: 6,198 Square Feet
    Details
    • Parcel number: 6417209012

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Framed on Lot
    • Roof: Tar/Gravel
    Condition
    • Existing
    • New construction: No
    • Year built: 1956

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Tax assessed value: $412,361
    • Annual tax amount: $1,616
    • Date on market: 6/13/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/10/2026Listing removed$1,995
    Source: Zillow Rentals Report a problem
    7/16/2026Price change$1,995-4.8%
    Source: Zillow Rentals Report a problem
    6/26/2026Listed for rent$2,095
    Source: Zillow Rentals Report a problem
    9/24/2025Sold$460,000+2.2%
    Source: elevateMLS #7728264 Report a problem
    8/18/2025Contingent$450,000
    Source: elevateMLS #8364252 Report a problem
    8/13/2025Price change$450,000-7.2%
    Source: elevateMLS #8364252 Report a problem
    8/2/2025Price change$485,000-4.9%
    Source: elevateMLS #7728264 Report a problem
    7/20/2025Price change$510,000-3.8%
    Source: elevateMLS #7728264 Report a problem
    6/13/2025Listed for sale$529,900
    Source: elevateMLS #8364252 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,617 +7.7%$29,070 -13.3%
    2024$1,501 +40.7%$33,530
    2023$1,067 -7.9%$33,530 +75.9%
    2022$1,158 $19,060 -2.9%
    2021-- $19,620 +21.6%
    2020$1,095 +0.5%$16,140
    2019$1,090 +132.6%$16,140 +20%
    2018$468 -52.5%$13,450 +99.6%
    2017$987 +110.7%$6,740 -47.8%
    2016$468 -37.4%$12,910
    2015$748 +1.1%$12,910 +5%
    2014$740 $12,300
    2013-- --
    2012-- $12,550
    2011$740 $12,550
    2010-- $12,550
    2009-- $12,550 +0.9%
    2008-- $12,440
    2006-- $12,440 +31.6%
    2004-- $9,450
    2003$613 +3.7%$9,450 -12.3%
    2002$591 -9.2%$10,770 -3.9%
    2001$651 $11,210
    Find assessor info on the county website

    Neighborhood: Central Colorado Springs

    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
    $447,100
    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
    $447,100