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Off market
    • $279,100

    518 Observatory Dr, Colorado Springs, CO 80904

    2beds
    1,212sqft
    Apartment
    Built in ----
    -- sqft lot
    $279,100 Zestimate®
    $230/sqft
    $1,765 Estimated rent

    Home value

    $279,100

    $265,000 - $293,000

    $1,765/mo

    Zestimate® history
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    What's special

    Great mountain viewsQuiet secluded areaTwo decksWasher and dryer includedTwo-car garageNewly upgradedAll new carpeting

    Beautiful 2-bedroom, 2-bath, Westside condo (Observatory Drive). Quiet, secluded area with great views, just 3 minutes from downtown and I-25. Great mountain views, two decks, fireplace, two-car garage. Newly upgraded including all new carpeting. Kitchen appliances, washer and dryer included. Currently available. Nonsmokers only, please. 12 month lease. Renter pays utilities. No smoking.

    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.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,212 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Forced Air
    Details
    • Parcel number: 7412317045

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Community
    • Deposit fee: $1,000
    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $230/sqft
    • Tax assessed value: $310,470
    • Annual tax amount: $804
    • Date on market: 6/5/2026
    • Date available: 06/05/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    6/8/2026Listing removed$1,850$2/sqft
    Source: Zillow Rentals Report a problem
    6/6/2026Listing removed$285,000$235/sqft
    Source: elevateMLS #9269859 Report a problem
    6/6/2026Listed for rent$1,850+5.7%$2/sqft
    Source: Zillow Rentals Report a problem
    5/29/2026Contingent$285,000$235/sqft
    Source: elevateMLS #9269859 Report a problem
    5/14/2026Price change$285,000-5%$235/sqft
    Source: elevateMLS #9269859 Report a problem
    4/23/2026Listed for sale$299,900+92.2%$247/sqft
    Source: elevateMLS #9269859 Report a problem
    2/17/2025Listing removed$1,750$1/sqft
    Source: Zillow Rentals Report a problem
    1/27/2025Listed for rent$1,750$1/sqft
    Source: Zillow Rentals Report a problem
    4/12/2013Sold$156,000+22.2%$129/sqft
    Source: Public Record Report a problem
    12/20/2012Sold$127,710-8.7%$105/sqft
    Source: Public Record Report a problem
    11/7/2001Sold$139,900+39.9%$115/sqft
    Source: Public Record Report a problem
    10/19/1994Sold$100,000$83/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$804 -6.7%$20,800
    2023$862 -7.9%$20,800 +35.1%
    2022$935 $15,400 -2.8%
    2021-- $15,850 +22.4%
    2020$879 +0.5%$12,950
    2019$874 +6.5%$12,950 +9.7%
    2018$821 -5.3%$11,810
    2017$867 +5.6%$11,810 -5%
    2016$821 +13.9%$12,430
    2015$721 +11.8%$12,430 +16.1%
    2014$644 $10,710
    2013-- --
    2012-- $11,700
    2011$741 $11,700 -6.8%
    2010-- $12,560
    2009-- $12,560 -5.1%
    2008-- $13,240
    2006-- $13,240 +21.8%
    2004-- $10,870
    2003$690 +3.7%$10,870 -10.4%
    2002$665 +34.1%$12,130 +41.9%
    2001$496 $8,550
    Find assessor info on the county website

    Neighborhood: Old Colorado City

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    Estimated market value
    $279,100
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    Estimated market value
    $279,100

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