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Off market
  • $487,900

    4940 Balsam St, Colorado Springs, CO 80923

    4beds
    2,620sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $487,900 Zestimate®
    $186/sqft
    $2,656 Estimated rent

    Home value

    $487,900

    $464,000 - $512,000

    $2,656/mo

    Zestimate® history
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    $2,876/mo

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    $2,876/mo

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    What's special

    Cozy fireplaceLarge backyard storage shedBreathtaking park viewsOversized three-car garageSpacious primary suiteVaulted ceilingsFinished lower level

    Welcome to your next home! Nestled in one of the area's most desirable, peaceful, and safe neighborhoods, this stunning corner-lot home offers breathtaking park views, exceptional space, and an outstanding lifestyle. Designed to maximize natural light, the home features large skylights and vaulted ceilings that flood the living spaces with sunshine throughout the day, creating a bright and welcoming atmosphere with little need for artificial lighting during daylight hours. Elegant hardwood floors add warmth and timeless beauty throughout the main living areas. The spacious primary suite includes a walk-in closet, while the cozy fireplace creates the perfect setting for relaxing evenings. The finished lower level offers a large family room and two generously sized bedrooms, providing plenty of space for guests, a home office, or a growing family. Step outside to enjoy Colorado living at its finest. The expansive deck overlooks the beautiful park, while the spacious patio is perfect for entertaining family and friends. A natural gas hookup makes outdoor grilling effortless, and the large backyard storage shed provides abundant space for tools, seasonal items, and extra storage. The oversized three-car garage features built-in storage shelving, offering exceptional organization and plenty of room for vehicles, hobbies, and outdoor equipment. Located directly across from a beautiful park in a quiet, family-friendly neighborhood, this home offers the perfect combination of comfort, privacy, security, and convenience, with shopping, restaurants, schools, and everyday amenities just minutes away. This exceptional home is competitively priced and offered below the rental rates of many comparable homes in the area providing outstanding value without compromising on quality, space, or location. Don't miss this rare opportunity to call this beautiful home yours! Minimum 12-month lease. Tenant is responsible for gas, electricity, water, sewer, trash, internet, and lawn care/snow removal (if applicable). No smoking. One small pet may be considered with landlord approval. A refundable pet deposit and monthly pet rent apply. Renters insurance is required. Applicants must meet income, credit, and background screening requirements. The yard is designed for easy maintenance. We simply ask tenants to keep it tidy and remove any occasional weeds that may appear between the rock landscaping.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Forced Air
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dishwasher, Freezer, Microwave Oven, Oven, Refrigerator
    • Laundry: In Unit
    Features
    • Walk In Closet
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 2,620 sqft

    Property

    Parking
    • Parking features: Attached, Garage
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    Details
    • Additional structures: Garage(s)
    • Parcel number: 6313224008

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $2,500
    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $186/sqft
    • Tax assessed value: $487,646
    • Annual tax amount: $1,835
    • Date on market: 7/18/2026
    • Date available: 08/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    8/2/2026Listing removed$2,700$1/sqft
    Source: Zillow Rentals Report a problem
    7/20/2026Price change$2,700+8%$1/sqft
    Source: Zillow Rentals Report a problem
    7/18/2026Listed for rent$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    7/19/2016Sold$285,000$109/sqft
    Source: Public Record Report a problem
    6/29/2016Listed for sale$285,000+21.3%$109/sqft
    Source: CENTURY 21 Curbow Realty #3964829 Report a problem
    10/21/2008Sold$235,000+5.4%$90/sqft
    Source: Public Record Report a problem
    8/27/2003Sold$222,900+20.1%$85/sqft
    Source: Public Record Report a problem
    10/18/1999Sold$185,587-46.7%$71/sqft
    Source: Public Record Report a problem
    5/13/1999Sold$348,000$133/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,835 +6.8%$34,380 -2.4%
    2024$1,718 +12.3%$35,220
    2023$1,530 -7.5%$35,220 +37.8%
    2022$1,654 $25,550 -2.8%
    2021-- $26,280 +25.1%
    2020$1,508 +0.5%$21,000
    2019$1,500 +11.3%$21,000 +14.4%
    2018$1,347 -5%$18,350
    2017$1,419 +5.3%$18,350 -1.5%
    2016$1,347 +16.9%$18,620
    2015$1,153 +4.3%$18,620 +8%
    2014$1,105 $17,240
    2013-- --
    2012-- $17,410
    2011$1,259 $17,410 -4%
    2010-- $18,140
    2009-- $18,140 +3%
    2008-- $17,610
    2006-- $17,610 +6.3%
    2004-- $16,570
    2003$1,193 +1.5%$16,570 -4.4%
    2002$1,175 +7.4%$17,340 +14.5%
    2001$1,094 $15,150
    Find assessor info on the county website

    Neighborhood: Northeast Colorado Springs

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $487,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $487,900