This hidden gem is a must see! Tucked away in the coveted west side of town, you’ll find this TREASURE of a home! How this home works is that you walk in on the ground floor, then go upstairs to the unit. Everything is on the second level. Garage is on the main level. So it’s a ranch-style home. Beautiful, quiet condominium with an amazing view! Enjoy coffee on the deck and you’ll feel like you’re at a mountain retreat. Spectacular sunsets! You’ll also find a kitchen with plenty of countertops and cabinetry. All appliances included. Lovely separate dining room, inviting living room, and the master bathroom has an en-suite bathroom. Second bedroom could be an office or study. Two FULL baths. Inviting wood fireplace. This is just a perfect unit in a quiet location in Colorado Springs. And one more thing: you know those antiseptic condominium complexes that look like commercial properties, and have used EVERY INCH of the property to build on with NO parking and NO elbow room? Well, this is NOT that. Plenty of parking and wide open space and room between buildings. Act now as this one won’t last!
Sold for $320,000
$320,000
523 Observatory Dr, Colorado Springs, CO 80904
2beds
1,056sqft
Condominium
Built in 1984
-- sqft lot
$305,200 Zestimate®
$303/sqft
$1,608 Estimated rent
Home value
$305,200
$287,000 - $324,000
$1,608/mo
Zestimate® history
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$1,608/mo
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$2,191/mo
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$2,191/mo
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List your homeWhat's special
Ranch - style homeQuiet locationWide open spaceWood fireplaceMaster bathroomLovely separate dining room
Zillow last checked:
Listing updated:
Listed by:
Lisa Robinson ABR RENE 719-331-5999,
REMAX PROPERTIES
Bought with:
Lane Wittenmyer
Venterra Real Estate LLC
Source: elevateMLS,MLS#: 9548364
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Washer
- Laundry: Main Level
Features
- Vaulted Ceiling(s)
- Flooring: Carpet, Vinyl/Linoleum
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: One
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,056
- Total interior livable area: 1,056 sqft
- Finished area above ground: 1,056
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete Driveway
- Attached garage spaces: 1
Features
- Entry location: Second Floor
- Patio & porch: Composite
- Fencing: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Features: Hiking Trail, Near Fire Station, Near Park, Near Schools, HOA Required $, Landscaped
Details
- Parcel number: 7412317050
Construction
Type & style
- Home type: Condo
- Architectural style: Ranch
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Tile
Condition
- Existing Home
- New construction: No
- Year built: 1984
Utilities & green energy
- Water: Municipal
- Utilities for property: Natural Gas Connected, Phone Available
Community & HOA
HOA
- Services included: Covenant Enforcement, Insurance, Snow Removal, Trash Removal
- HOA fee: $360 monthly
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $296,781
- Annual tax amount: $522
- Date on market: 3/9/2024
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/8/2024 | Sold | $320,000$303/sqft |
Source:  elevateMLS #9548364 Report a problem | ||
| 1/29/2024 | Contingent | $320,000$303/sqft |
Source: elevateMLS #9548364 Report a problem | ||
| 1/26/2024 | Listed for sale | $320,000+104.5%$303/sqft |
Source: elevateMLS #9548364 Report a problem | ||
| 4/6/2006 | Sold | $156,500$148/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $754 +44.4% | $19,890 |
| 2023 | $522 -7.8% | $19,890 +22.2% |
| 2022 | $566 | $16,280 -2.8% |
| 2021 | -- | $16,750 +26.5% |
| 2020 | $449 +0.5% | $13,240 |
| 2019 | $447 +11.4% | $13,240 +14.7% |
| 2018 | $401 -5.3% | $11,540 |
| 2017 | $423 +5.6% | $11,540 -5% |
| 2016 | $401 -43.1% | $12,150 |
| 2015 | $704 +10.2% | $12,150 +14.4% |
| 2014 | $639 | $10,620 |
| 2013 | -- | -- |
| 2012 | -- | $11,600 |
| 2011 | $690 | $11,600 -0.9% |
| 2010 | -- | $11,700 |
| 2009 | -- | $11,700 -5.1% |
| 2008 | -- | $12,330 |
| 2006 | -- | $12,330 +33.4% |
| 2004 | -- | $9,240 |
| 2003 | $303 -48.1% | $9,240 -13.1% |
| 2002 | $583 +18.7% | $10,630 +25.7% |
| 2001 | $491 | $8,460 |
Find assessor info on the county website
Neighborhood: Old Colorado City
Nearby homes
- $301,6002 bd2 ba1k sqft525 Observatory Dr, Colorado Springs, CO 80904Off Market
- $291,2002 bd2 ba1.2k sqft519 Observatory Dr, Colorado Springs, CO 80904Off Market
- $321,8002 bd2 ba1k sqft515 Observatory Dr, Colorado Springs, CO 80904Off Market
- $287,1002 bd2 ba1k sqft517 Observatory Dr, Colorado Springs, CO 80904Off Market
- $345,0002 bd2 ba1.2k sqft514 Observatory Dr, Colorado Springs, CO 80904Sold
- $299,0002 bd2 ba1k sqft524 Observatory Dr, Colorado Springs, CO 80904Off Market
- $269,5002 bd2 ba1k sqft536 Observatory Dr, Colorado Springs, CO 80904Sold
- $298,3002 bd2 ba1.2k sqft520 Observatory Dr, Colorado Springs, CO 80904Off Market
Nearby schools
GreatSchools rating
- 6/10Bristol Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Holmes Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Coronado High SchoolGrades: 9-12Distance: 2.4 mi
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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Estimated market value
$305,200
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
$305,200
- Colorado
- El Paso County
- Colorado Springs
- 80904
- Old Colorado City
- 523 Observatory Dr
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