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Sold for $750,000
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  • $750,000

    501 N Franklin St, Colorado Springs, CO 80903

    5beds
    4,500sqft
    Single Family Residence
    Built in 2017
    5,797 Square Feet Lot
    $-- Zestimate®
    $167/sqft
    $3,906 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,906/mo

    Zestimate® history
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    What's special

    Gas fireplaceMountain viewsFinished basementLow-maintenance turfMain level master suiteStainless steel appliancesSlab granite countertops
    Imagine stepping out your front door and walking almost everywhere you love. Morning coffee at the neighborhood café, pizza night around the corner, trails, parks, restaurants, shops, and schools—all just blocks away. This beautifully custom-built home, only 8 years old, sits in the heart of an established downtown neighborhood and offers the lifestyle buyers are searching for WITH POSSIBLE SELLER CONCESSIONS! Inside, the home feels warm and welcoming. The open main level is filled with natural light, tall ceilings, hardwood floors, and a cozy gas fireplace—perfect for quiet evenings or hosting friends. The kitchen is truly the heart of the home with slab granite countertops, stainless steel appliances, custom cabinetry, and a large island with a gas cooktop that invites conversation. The main-level primary suite is a peaceful retreat with a spa-like bathroom featuring double vanities, granite counters, tile floors, a spacious walk-in shower, and a generous walk-in closet. The nearby laundry room offers great storage and folding space to keep daily life organized. Upstairs offers a second living space, a loft with a gas fireplace and mountain views—ideal for movie nights or relaxing. Three spacious bedrooms share a large full bath with double sinks. The finished basement adds flexibility with a third family room currently used as a media space, 9-foot ceilings, a fifth bedroom, a full bathroom, and plenty of storage. Outside, enjoy a low-maintenance turf yard perfect for play or entertaining, plus easy access to the oversized two-car garage off the alley. With central air, two gas fireplaces, a stucco exterior, and upgrades throughout, this home offers modern comfort in a truly walkable downtown location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tanya Walter C2EX MRP RENE SRES 719-661-5627,

    ERA Shields Real Estate

    Bought with:

    Theodore Bachara ABR CDPE CRS

    REMAX PROPERTIES

    Source: elevateMLS,MLS#: 6370346MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Other
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 14 x 16
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas in Kitchen, Microwave, Washer
    • Laundry: Main Level
    Features
    • Flooring: Carpet, Ceramic Tile, Wood
    • Basement: Full,Partially Finished
    • Number of fireplaces: 2
    • Fireplace features: Gas, Two
    Interior area
    • Total structure area: 4,500
    • Total interior livable area: 4,500 sqft
    • Finished area above ground: 2,940
    • Finished area below ground: 1,560

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage Door Opener, Oversized, Workshop in Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Concrete
    • Fencing: Back Yard
    • Has view: Yes
    • View description: View of Pikes Peak
    Lot
    • Size: 5,797 Square Feet
    • Features: Level, Meadow, Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center, Landscaped
    Details
    • Parcel number: 6408334047

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stone, Stucco, Frame
    • Roof: Composite Shingle
    Condition
    • Existing Home
    • New construction: No
    • Year built: 2017
    Details
    • Builder name: Cascade Builders LLC

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Security System
    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $167/sqft
    • Tax assessed value: $976,965
    • Annual tax amount: $3,384
    • Date on market: 6/27/2025
    • Listing terms: Cash,Conventional,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/30/2026Sold$750,000-4.3%$167/sqft
    Source: elevateMLS #6370346 Report a problem
    1/6/2026Contingent$784,000$174/sqft
    Source: elevateMLS #6370346 Report a problem
    12/11/2025Price change$784,000-0.1%$174/sqft
    Source: elevateMLS #6370346 Report a problem
    11/8/2025Listed for sale$785,000$174/sqft
    Source: elevateMLS #6370346 Report a problem
    10/22/2025Contingent$785,000$174/sqft
    Source: elevateMLS #6370346 Report a problem
    10/15/2025Price change$785,000-1.8%$174/sqft
    Source: elevateMLS #6370346 Report a problem
    9/24/2025Price change$799,500-1.9%$178/sqft
    Source: elevateMLS #6370346 Report a problem
    9/7/2025Price change$815,000-1.1%$181/sqft
    Source: elevateMLS #6370346 Report a problem
    8/6/2025Price change$824,000-0.1%$183/sqft
    Source: elevateMLS #6370346 Report a problem
    7/14/2025Price change$825,000-2.8%$183/sqft
    Source: elevateMLS #6370346 Report a problem
    6/27/2025Listed for sale$849,000+16.5%$189/sqft
    Source: elevateMLS #6370346 Report a problem
    8/11/2024Listing removed$729,000+2%$162/sqft
    Source: elevateMLS #2940577 Report a problem
    8/11/2021Sold$715,000-1.9%$159/sqft
    Source: Public Record Report a problem
    7/9/2021Contingent$729,000$162/sqft
    Source: elevateMLS #2940577 Report a problem
    6/23/2021Listed for sale$729,000+46.1%$162/sqft
    Source: elevateMLS #2940577 Report a problem
    3/9/2018Sold$499,000-6.7%$111/sqft
    Source: Public Record Report a problem
    12/15/2017Price change$534,900-2.6%$119/sqft
    Source: Cascade Builders Report a problem
    9/22/2017Price change$549,000-8.3%$122/sqft
    Source: Cascade Builders Report a problem
    6/9/2017Listed for sale$599,000+898.3%$133/sqft
    Source: Cascade Builders Report a problem
    8/19/2016Sold$60,000-7.7%$13/sqft
    Source: Agent Provided Report a problem
    5/10/2016Listed for sale$65,000+165.3%$14/sqft
    Source: Owner Report a problem
    6/6/2000Sold$24,500$5/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,250 +43.7%$65,460
    2023$2,261 -7.8%$65,460 +62%
    2022$2,453 $40,410 -2.8%
    2021-- $41,570 +11.8%
    2020$2,524 +0.5%$37,190
    2019$2,511 +227.8%$37,190 -0.7%
    2018$766 -72.1%$37,440
    2017$2,747 +258.7%$37,440 +322.1%
    2016$766 +48.9%$8,870
    2015$514 -3.7%$8,870
    2014$534 $8,870
    2013-- --
    2012-- $8,120
    2011$479 $8,120
    2010-- $8,120
    2009-- $8,120 +9.7%
    2008-- $7,400
    2006-- $7,400 +13.3%
    2004-- $6,530
    2003$363 +3.7%$6,530 +2.4%
    2002$350 +3.9%$6,380 +10%
    2001$337 $5,800
    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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