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Sold for $480,000
    • $480,000

    5480 Flag Way, Colorado Springs, CO 80919

    4beds
    3,064sqft
    Single Family Residence
    Built in 2000
    7,322.44 Square Feet Lot
    $611,000 Zestimate®
    $157/sqft
    $3,076 Estimated rent

    Home value

    $611,000

    $574,000 - $648,000

    $3,076/mo

    Zestimate® history
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    What's special

    Tastefully landscaped backyardLarge master suiteTasteful landscapingLots of cabinet spaceDeep soaking tubWalk-in closetKitchen nook
    Large Family Home located in the Beautiful Pinon Valley neighborhood, this 3064 sq ft home offers 4 bedrooms, 4 bathrooms, 3+ living areas, a 2 car garage and tasteful landscaping. The upper level offers a large master suite with beautiful views of Ute Valley Park, a 5-piece master bath with a deep soaking tub and a walk-in closet, Also, on the upper level are 2 more spacious bedrooms and a full bathroom. The main level offers a bright open vaulted Great Room style living room and dining room with a walk-out to the tastefully landscaped backyard. The bright and open kitchen offers lots of cabinet space, a pantry, kitchen island, kitchen nook, appliances and adjoining family room with a brick gas log fireplace. The basement offers the 4th bedroom, a full bath and family/rec room large enough to separate into 2 rooms, theater etc: This home offers views of Pikes Peak, as well mountain and rock formation views. Located in walking distance to church, schools, Pinon Valley and Ute Valley Parks.

    Zillow last checked:

    Listing updated:

    Listed by:

    Greg Kelly MRP 719-200-4055,

    NAV Real Estate

    Bought with:

    Stephen Prewitt ABR EPRO

    Prewitt Group Real Estate Advisors

    Source: elevateMLS,MLS#: 4186672MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Other
    • Level: Upper
    • Area: 247 Square Feet
    • Dimensions: 19 x 13
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Self Cleaning Oven, Washer
    • Laundry: Electric Hook-up
    Features
    • 5-Pc Bath, 9Ft + Ceilings, Vaulted Ceiling(s), Pantry
    • Flooring: Carpet, Vinyl/Linoleum, Wood
    • Basement: Full,Partially Finished
    • Has fireplace: Yes
    • Fireplace features: Gas, Masonry
    Interior area
    • Total structure area: 3,064
    • Total interior livable area: 3,064 sqft
    • Finished area above ground: 2,002
    • Finished area below ground: 1,062

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Oversized, Concrete Driveway
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Concrete
    • Exterior features: Auto Sprinkler System
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Mountain(s), View of Pikes Peak, View of Rock Formations
    Lot
    • Size: 7,322 sqft
    • Features: Foothill, Sloped, Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center, Landscaped
    Details
    • Parcel number: 7323202083

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Masonite, Framed on Lot, Frame
    • Roof: Composite Shingle
    Condition
    • Existing Home
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Water: Municipal
    • Utilities for property: Natural Gas Connected
    Green energy
    • Indoor air quality: Radon System

    Community & neighborhood

    Location
    • Region: Colorado Springs

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $606 annually

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/29/2025Sold$480,000-3.8%$157/sqft
    Source: elevateMLS #4186672 Report a problem
    12/7/2025Contingent$499,000$163/sqft
    Source: elevateMLS #4186672 Report a problem
    11/25/2025Listed for sale$499,000$163/sqft
    Source: elevateMLS #4186672 Report a problem
    11/19/2025Listing removed$499,000$163/sqft
    Source: elevateMLS #8242753 Report a problem
    11/13/2025Price change$499,000-5%$163/sqft
    Source: elevateMLS #8242753 Report a problem
    11/8/2025Pending sale$525,000$171/sqft
    Source: elevateMLS #8242753 Report a problem
    9/13/2025Price change$525,000-2.8%$171/sqft
    Source: elevateMLS #8242753 Report a problem
    8/28/2025Price change$540,000-2.7%$176/sqft
    Source: elevateMLS #8242753 Report a problem
    8/18/2025Price change$555,000-4.3%$181/sqft
    Source: elevateMLS #8242753 Report a problem
    8/13/2025Price change$580,000-2.5%$189/sqft
    Source: elevateMLS #8242753 Report a problem
    8/5/2025Price change$595,000-1.7%$194/sqft
    Source: elevateMLS #8242753 Report a problem
    7/28/2025Price change$605,000-2.4%$197/sqft
    Source: elevateMLS #8242753 Report a problem
    7/17/2025Price change$620,000-2.4%$202/sqft
    Source: elevateMLS #8242753 Report a problem
    7/2/2025Price change$635,000-2.3%$207/sqft
    Source: elevateMLS #8242753 Report a problem
    6/23/2025Price change$650,000-3.7%$212/sqft
    Source: elevateMLS #8242753 Report a problem
    6/18/2025Listed for sale$675,000+136.8%$220/sqft
    Source: elevateMLS #8242753 Report a problem
    6/29/2004Sold$285,000+16.7%$93/sqft
    Source: Public Record Report a problem
    3/23/2001Sold$244,300$80/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,921 +10.4%$41,180
    2023$1,739 -7.8%$41,180 +32.5%
    2022$1,887 $31,080 -2.8%
    2021-- $31,970 +6%
    2020$2,046 +0.5%$30,150
    2019$2,035 +15.1%$30,150 +18.5%
    2018$1,769 -5.3%$25,450
    2017$1,867 +5.6%$25,450 -0.1%
    2016$1,769 +19.8%$25,470
    2015$1,477 +2.2%$25,470 +6%
    2014$1,445 $24,020
    2013-- --
    2012-- $24,020
    2011$1,492 $24,020 -5%
    2010-- $25,290
    2009-- $25,290 +4%
    2008-- $24,320
    2006-- $24,320 +31.8%
    2004-- $18,450
    2003$1,056 +156.9%$18,450 -0.6%
    2002$411 +12.7%$18,570 +195.2%
    2001$365 $6,290

    Find assessor info on the county website

    Neighborhood: Northwest Colorado Springs

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chipeta
    • 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
    $611,000
    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
    $611,000

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