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Price increase: $20K (5/24)

$325,000

502 S HANCOCK Trail, Colorado Springs, CO 80903

2beds

960sqft

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Single Family Residence

Built in 1946

4,251 Square Feet Lot

$-- Zestimate^®

$339/sqft

$-- HOA

What's special

Charming 2-bed, 2-bath home in a prime location This quaint 960 sq ft stucco home offers the perfect blend of comfort and convenience. Located just minutes from downtown with walkable access to Memorial Park and Prospect Lake, you'll love the lifestyle this property affords. The home was thoughtfully updated and is move-in ready, welcoming anyone looking for a cozy, low-maintenance retreat. R-2 zoning opens the door for future possibilities — add a garage, workshop, or more to make the space truly your own.

138 days

40

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Bedroom

Level: Basement
Area: 221 Square Feet
Dimensions: 17 x 13

Bedroom

Level: Main
Area: 132 Square Feet
Dimensions: 12 x 11

Bathroom

Level: Basement

Dining room

Level: Main
Area: 42 Square Feet
Dimensions: 7 x 6

Kitchen

Level: Main
Area: 108 Square Feet
Dimensions: 9 x 12

Laundry

Level: Basement
Area: 54 Square Feet
Dimensions: 9 x 6

Living room

Area: 165 Square Feet
Dimensions: 15 x 11

Heating

Forced Air, Natural Gas

Cooling

Has cooling: Yes

Appliances

Included: Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator

Features

Windows: Window Coverings
Basement: Full

Interior area

Total structure area: 960
Total interior livable area: 960 sqft
Finished area above ground: 480
Finished area below ground: 480

Property

Features

Levels: One
Stories: 1
Has view: Yes
View description: Mountain(s)

Lot

Size: 4,251 Square Feet

Details

Parcel number: 6417316004
Zoning: R-2
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco
Foundation: Slab
Roof: Composition

Condition

Year built: 1946

Utilities & green energy

Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Subdivision: Lake Park

HOA

Has HOA: No

Location

Region: Colorado Springs

Financial & listing details

Price per square foot: $339/sqft
Tax assessed value: $341,585
Annual tax amount: $609
Date on market: 2/22/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Exclusions: All Staging Items
Ownership: Individual
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/24/2026	Pending sale	$325,000+6.6%$339/sqft
Source: REcolorado as distributed by MLS GRID #2081289 Report a problem
5/24/2026	Contingent	$305,000$318/sqft
Source: elevateMLS #4311589 Report a problem
4/23/2026	Price change	$305,000-4.4%$318/sqft
Source: elevateMLS #4311589 Report a problem
3/13/2026	Price change	$319,000-1.8%$332/sqft
Source: elevateMLS #4311589 Report a problem
2/25/2026	Listed for sale	$325,000+44.4%$339/sqft
Source: elevateMLS #4311589 Report a problem
2/8/2019	Sold	$225,000+2.7%$234/sqft
Source: Public Record Report a problem
1/17/2019	Pending sale	$219,000$228/sqft
Source: Metro Real Estate Group #5336549 Report a problem
1/14/2019	Listed for sale	$219,000+174.1%$228/sqft
Source: MB METRO REAL ESTATE GROUP #2539394 Report a problem
2/26/2011	Listing removed	$79,900$83/sqft
Source: Coldwell Banker 1st Choice Realty #639396 Report a problem
1/29/2011	Price change	$79,900-33.4%$83/sqft
Source: Coldwell Banker 1st Choice Realty #639396 Report a problem
11/24/2010	Listed for sale	$119,900+8.5%$125/sqft
Source: Coldwell Banker 1st Choice Realty #639396 Report a problem
6/17/2008	Sold	$110,500+64.9%$115/sqft
Source: Public Record Report a problem
7/2/2004	Sold	$67,000$70/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$918 -4.5%	$22,890
2023	$961 -7.9%	$22,890 +33.2%
2022	$1,043	$17,180 -2.8%
2021	--	$17,680 +48.7%
2020	$1,051 +30.9%	$11,890
2019	$803 +31.7%	$11,890 +35.6%
2018	$609 -5.3%	$8,770
2017	$644 +5.6%	$8,770 -6.1%
2016	$609 +12.6%	$9,340
2015	$541 +4%	$9,340 +8%
2014	$521	$8,650
2013	--	--
2012	--	$8,650
2011	$510	$8,650
2010	--	$8,650
2009	--	$8,650 +43.2%
2008	--	$6,040
2006	--	$6,040 +31.9%
2004	--	$4,580
2003	$295 +3.7%	$4,580 -11.8%
2002	$285 +0.3%	$5,190 +6.1%
2001	$284	$4,890

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Central Colorado Springs

Getting around

57 / 100

Somewhat Walkable

37 / 100

Some Transit

63 / 100

Bikeable

Nearby schools

GreatSchools rating

1/10
Hunt Elementary School
Grades: PK-5Distance: 0.9 mi
6/10
North Middle School
Grades: 6-8Distance: 1.6 mi
3/10
Palmer High School
Grades: 9-12Distance: 1.2 mi

Schools provided by the listing agent

Elementary: Hunt
Middle: North
High: Palmer
District: Colorado Springs 11

Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.