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Sold for $345,000
    • $345,000

    514 Observatory Dr, Colorado Springs, CO 80904

    2beds
    1,278sqft
    Condominium
    Built in 1984
    -- sqft lot
    $334,100 Zestimate®
    $270/sqft
    $1,771 Estimated rent

    Home value

    $334,100

    $314,000 - $357,000

    $1,771/mo

    Zestimate® history
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    What's special

    Welcome to the gorgeous 2 bedrooms 2 full bathrooms condo in Promontory Point this unit has spectacular views of Pikes Peak and the Garden of the Gods. It is great for easy Colorado living. This garden-level condo offers upgraded easy to easy-to-maintain Luxury vinyl plank flooring in the living area and the kitchen. The master bedroom includes a large walking closet. Enjoy the bonus room that can offer extra space you can use as an office, exercise room, or game room. Do not miss your opportunity to own in this quiet community within minutes of downtown and easy highway access.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maysa Y. Jad 720-891-3718,

    NAV Real Estate

    Bought with:

    Heather Kirkwood

    6035 Real Estate Group

    Source: elevateMLS,MLS#: 5521531MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator
    • Laundry: Main Level
    Features
    • Flooring: Carpet, Vinyl/Linoleum
    • Windows: Window Coverings
    • Has basement: No
    • Has fireplace: Yes
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 1,278
    • Total interior livable area: 1,278 sqft
    • Finished area above ground: 1,278
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    Features
    • Entry location: Ground Floor
    • Patio & porch: Covered
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 745 Square Feet
    • Features: Backs to Open Space
    Details
    • Parcel number: 7412317046

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Ranch
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco, Framed on Lot
    • Foundation: Slab
    • Roof: Composite Shingle
    Condition
    • Existing Home
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Water: Municipal
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Green Areas, Landscape Maintenance
    HOA
    • Services included: Covenant Enforcement, Insurance, Management, Snow Removal, Trash Removal
    • HOA fee: $360 monthly
    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $326,821
    • Annual tax amount: $913
    • Date on market: 7/25/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    8/27/2024Sold$345,000$270/sqft
    Source: elevateMLS #5521531 Report a problem
    7/29/2024Pending sale$345,000$270/sqft
    Source: REcolorado as distributed by MLS GRID #3465616 Report a problem
    7/29/2024Contingent$345,000$270/sqft
    Source: elevateMLS #5521531 Report a problem
    7/25/2024Listed for sale$345,000$270/sqft
    Source: elevateMLS #5521531 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$864 -5.5%$21,900
    2023$914 -7.9%$21,900 +34.1%
    2022$992 $16,330 -2.9%
    2021-- $16,810 +11.8%
    2020$1,021 +0.5%$15,040
    2019$1,015 +11.4%$15,040 +14.6%
    2018$912 -5.3%$13,120
    2017$963 +5.6%$13,120 -4.9%
    2016$912 +14%$13,800
    2015$800 +12.7%$13,800 +16.9%
    2014$710 $11,800
    2013-- --
    2012-- $12,910
    2011$768 $12,910 -0.8%
    2010-- $13,020
    2009-- $13,020 -5.2%
    2008-- $13,730
    2006-- $13,730 +13.4%
    2004-- $12,110
    2003$672 +3.7%$12,110 +2.5%
    2002$648 -9.1%$11,810 -3.8%
    2001$713 $12,280
    Find assessor info on the county website

    Neighborhood: Old Colorado City

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bristol
    • Middle: Holmes
    • High: Coronado
    • 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
    $334,100
    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
    $334,100

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