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Sold for $329,999
  • $329,999

    587 Observatory Dr, Colorado Springs, CO 80904

    2beds
    1,078sqft
    Condominium
    Built in 1984
    -- sqft lot
    $329,600 Zestimate®
    $306/sqft
    $1,624 Estimated rent

    Home value

    $329,600

    $313,000 - $346,000

    $1,624/mo

    Zestimate® history
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    What's special

    Well cared for main level condo overlooking the green areas and the mountains. One car attached garage with a 12 x 16 bonus room off the garage which is perfect for a family room or office.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kari Simpson GRI SFR 719-651-4454,

    Springs Premier Brokerage LLC

    Bought with:

    Sumer Liebold

    8Z Real Estate LLC

    Source: elevateMLS,MLS#: 2464358MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Refrigerator, Self Cleaning Oven, Washer
    • Laundry: Main Level
    Features
    • Flooring: Carpet, Ceramic Tile, Vinyl/Linoleum
    • Has basement: No
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,078
    • Total interior livable area: 1,078 sqft
    • Finished area above ground: 1,078
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage Door Opener, Concrete Driveway
    • Attached garage spaces: 1
    Features
    • Entry location: Ground Floor
    • Patio & porch: Concrete
    • Fencing: None
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 946 Square Feet
    • Features: Level, HOA Required $, Landscaped
    Details
    • Parcel number: 7412317005

    Construction

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

    Utilities & green energy

    • Water: Municipal

    Community & HOA

    Community
    • Features: Green Areas
    HOA
    • HOA fee: $360 monthly
    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $306/sqft
    • Tax assessed value: $294,640
    • Annual tax amount: $514
    • Date on market: 3/5/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    5/15/2026Sold$329,999-1.5%$306/sqft
    Source: Public Record Report a problem
    3/1/2024Sold$335,000+117.5%$311/sqft
    Source: elevateMLS #2464358 Report a problem
    3/7/2011Sold$154,000$143/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$746 +44.8%$19,740
    2023$515 -47.5%$19,740 +22.2%
    2022$981 $16,150 -2.8%
    2021-- $16,620 +22.2%
    2020$923 +0.5%$13,600
    2019$918 +11.5%$13,600 +14.8%
    2018$824 -5.3%$11,850
    2017$870 +5.6%$11,850 -5%
    2016$824 +13.9%$12,470
    2015$723 +10.2%$12,470 +14.4%
    2014$656 $10,900
    2013-- --
    2012-- $11,920
    2011$709 $11,920 -0.8%
    2010-- $12,020
    2009-- $12,020 -5.1%
    2008-- $12,660
    2006-- $12,660 +33.4%
    2004-- $9,490
    2003$310 -48.2%$9,490 -13%
    2002$598 +20%$10,910 +27%
    2001$499 $8,590
    Find assessor info on the county website

    Neighborhood: Old Colorado City

    Nearby schools

    GreatSchools rating
    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
    $329,600
    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
    $329,600