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Off market
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  • $605,300

    306 S Institute St, Colorado Springs, CO 80903

    5beds
    1,687sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $605,300 Zestimate®
    $359/sqft
    $1,540 Estimated rent

    Home value

    $605,300

    $563,000 - $654,000

    $1,540/mo

    Zestimate® history
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    $3,463/mo

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    $3,463/mo

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    What's special

    Gorgeous remodel located minutes from downtown! This home has a main house with 2 detached cottages. The Main home has been fully renovated with new paint in and out, new roof over all structures! Walking inside you are greeted with a wood floors that flow throughout the main level. Living room has a wood fireplace. There is an office off the living room. Kitchen has all new cabinets, countertops, Stainless Steel Appliances and a dining room. Main level includes 2 bedrooms with the Master bedroom adjoining to a full bath with double vanity and tile flooring. Basement is finished to include a small rec room with wet bar. There is also a 3rd bedroom which could also be the master as it has its own private 3/4 bath with free standing shower. Laundry hookups are in the basement. Home does have a usable attic space with a ladder accessed near the stairs going to the basement. There is a large carport off the side of the home which goes straight to the studio cottage. This cottage on the left side of the home has a Kitchenette, living space, and its own 3/4 bath. The 2nd cottage has all new flooring, full Kitchen, and a full bath. There is storage on site as well as communal washer and drier. This whole property sits on a large corner lot with a separate driveway for each cottage.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    Heating
    • Baseboard, Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,687 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off-street, On-street, Garage
    Features
    • Exterior features: Stucco
    Lot
    • Size: 7,405 sqft
    Details
    • Parcel number: 6417310001

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Colorado Springs

    Other

    Other facts
    • City_SEARCH: Colorado Springs
    • ConstructionStatus_search: Existing Home
    • CountyOrParish_SEARCH: El Paso
    • Appliances_rvalue: Gas in Kitchen
    • AssociationFeeFrequency_SEARCH: Not Applicable
    • FloorPlan_search: Ranch
    • FoundationDetails_rvalue: Partial Basement
    • StateOrProvince: CO
    • LaundryFacilities_rvalue: Electric Hook-up
    • Structure_rvalue: Wood Frame
    • SchoolDistrict_search: 11-Colorado Springs
    • Roof_search: Composite Shingle
    • StreetSuffix_SEARCH: Street
    • Siding_rvalue: Stucco
    • Status_SEARCH: Active
    • Fence_rvalue: All
    • StreetDirPrefix_SEARCH: S
    • Utilities_rvalue: Electricity Available, Electricity Connected, Natural Gas Connected
    • MLSAreaMinor_search: Hillside

    Price history

    DateEventPrice
    9/15/2020Sold$503,000+22.7%$298/sqft
    Source: Public Record Report a problem
    3/11/2019Sold$410,000+2.5%$243/sqft
    Source: Public Record Report a problem
    1/18/2019Price change$399,999-3.6%$237/sqft
    Source: Re/Max Properties Inc #6240337 Report a problem
    12/27/2018Listed for sale$415,000+188.2%$246/sqft
    Source: Re/Max Properties Inc #6240337 Report a problem
    6/4/2018Sold$144,000+260%$85/sqft
    Source: Public Record Report a problem
    7/30/2012Sold$40,000$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,870 +10.5%$40,260
    2023$1,692 -7.8%$40,260 +33.2%
    2022$1,835 $30,230 -2.8%
    2021-- $31,100 +97.1%
    2020$1,900 +78.3%$15,780
    2019$1,065 +32.5%$15,780 +36.4%
    2018$804 -5.3%$11,570
    2017$849 +5.6%$11,570 +6.5%
    2016$804 +27.7%$10,860
    2015$630 +3.1%$10,860 +7%
    2014$611 $10,150
    2013-- --
    2012-- $10,150
    2011$665 $10,150 -10%
    2010-- $11,280
    2009-- $11,280 -7%
    2008-- $12,130
    2006-- $12,130 +32%
    2004-- $9,190
    2003$596 +3.7%$9,190 -12.3%
    2002$575 +0.3%$10,480 +6.2%
    2001$573 $9,870

    Find assessor info on the county website

    Neighborhood: Central Colorado Springs

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $605,300
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    Estimated market value
    $605,300