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Sold for $409,000
  • $409,000

    7340 Waterwheel St, Colorado Springs, CO 80911

    5beds
    2,529sqft
    Single Family Residence
    Built in 1987
    6,904 Square Feet Lot
    $407,100 Zestimate®
    $162/sqft
    $2,576 Estimated rent

    Home value

    $407,100

    $387,000 - $427,000

    $2,576/mo

    Zestimate® history
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    What's special

    Gas fireplaceElegant travertine fireplaceFully fenced backyardOversized two-car garagePrivate primary suiteNewer oversized deckNew granite countertops
    Spacious and Inviting 5-Bedroom Home with Exceptional Features Near Ft. Carson! Welcome to this beautifully appointed and thoughtfully designed four-level residence, offering the perfect blend of comfort, functionality, and style. With 5 generous bedrooms, 3 full bathrooms, and over 2,500 square feet of versatile living space, this home is an exceptional opportunity for those seeking space, convenience, and character—all within minutes of Ft. Carson. Upon entering, you’re greeted by gleaming LVP floors, an abundance of natural light, and a fluid open-concept layout that effortlessly connects the living, dining, and kitchen areas. The kitchen is equipped with new granite countertops, and newer stainless steel appliances ideal for everyday living or entertaining guests. Upstairs, you’ll find three well-appointed bedrooms, including a private primary suite featuring an elegant travertine fireplace, creating a cozy retreat. A second full bathroom completes the upper level. The lower levels expand the home's livability with a spacious family room centered around a gas fireplace, two additional bedrooms, another full bathroom, and a dedicated office space—perfect for remote work or study. Step outside to enjoy a fully fenced backyard, complete with a newer oversized deck, ideal for entertaining, outdoor dining, or relaxing under the Colorado sky. An oversized two-car garage provides ample storage, plus additional off-street parking suitable for a truck or trailer. Bonus features include an archery block, basketball hoop (no backboard), and solar panels covering approximately 90% of utility cost. A truly rare combination of space, upgrades, and location—this home is a must-see.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erica Archambault MRP 719-271-8964,

    Exp Realty LLC,

    Lauren Schneider C2EX GRI MRP 719-338-7294

    Bought with:

    Non Member

    Non Member

    Source: elevateMLS,MLS#: 5117404MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Other
    • Level: Upper
    • Area: 208 Square Feet
    • Dimensions: 13 x 16
    Heating
    • Forced Air
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Microwave, Oven, Range, Refrigerator
    • Laundry: In Basement, Electric Hook-up
    Features
    • Skylight (s)
    • Flooring: Carpet, Wood Laminate
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Basement, Electric, Two
    Interior area
    • Total structure area: 2,529
    • Total interior livable area: 2,529 sqft
    • Finished area above ground: 2,529
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Oversized, Concrete Driveway
    • Attached garage spaces: 2
    Features
    • Levels: 4-Levels
    • Stories: 4
    • Fencing: Back Yard
    Lot
    • Size: 6,904 Square Feet
    • Features: Level, Landscaped
    Details
    • Parcel number: 5520428014

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Frame
    • Foundation: Crawl Space
    • Roof: Composite Shingle
    Condition
    • Existing Home
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Water: Municipal
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Available

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $162/sqft
    • Tax assessed value: $453,410
    • Annual tax amount: $1,871
    • Date on market: 9/13/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/18/2025Listing removed$2,295$1/sqft
    Source: Zillow Rentals Report a problem
    12/16/2025Sold$409,000+6.2%$162/sqft
    Source: elevateMLS #5117404 Report a problem
    11/20/2025Listed for rent$2,295$1/sqft
    Source: Zillow Rentals Report a problem
    11/18/2025Pending sale$385,000$152/sqft
    Source: elevateMLS #5117404 Report a problem
    11/13/2025Price change$385,000-3.5%$152/sqft
    Source: elevateMLS #5117404 Report a problem
    11/9/2025Pending sale$399,000$158/sqft
    Source: elevateMLS #5117404 Report a problem
    10/16/2025Price change$399,000-3.9%$158/sqft
    Source: elevateMLS #5117404 Report a problem
    10/2/2025Price change$415,000-2.4%$164/sqft
    Source: elevateMLS #5117404 Report a problem
    9/13/2025Listed for sale$425,000+26.9%$168/sqft
    Source: elevateMLS #5117404 Report a problem
    10/16/2020Sold$335,000+3.1%$132/sqft
    Source: Public Record Report a problem
    9/17/2020Listed for sale$325,000+30%$129/sqft
    Source: Keller Williams Freedom Realty #6788695 Report a problem
    10/5/2017Sold$250,000+2%$99/sqft
    Source: Agent Provided Report a problem
    8/25/2017Listed for sale$245,000+25.6%$97/sqft
    Source: Keller Williams Realty Downtown LLC #7254209 Report a problem
    12/15/2006Sold$195,000+21.1%$77/sqft
    Source: Public Record Report a problem
    4/25/2001Sold$161,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,822 +22.4%$30,370
    2023$1,488 -7.6%$30,370 +42.2%
    2022$1,610 $21,350 -2.8%
    2021-- $21,960 +16.3%
    2020$1,413 +0.6%$18,890
    2019$1,404 +7.8%$18,890 +16.4%
    2018$1,302 +1.2%$16,230
    2017$1,287 -1.1%$16,230 +5%
    2016$1,302 +30.6%$15,450
    2015$997 +4.4%$15,450 +6.4%
    2014$955 $14,520
    2013-- --
    2012-- $14,520
    2011$971 $14,520 -3.8%
    2010-- $15,090
    2009-- $15,090 -2%
    2008-- $15,400
    2006-- $15,400 +23.9%
    2004-- $12,430
    2003$808 +7.4%$12,430 -1.3%
    2002$752 -7.5%$12,600 -1.3%
    2001$813 $12,770
    Find assessor info on the county website

    Neighborhood: 80911

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sunrise
    • Middle: Janitell
    • High: Widefield
    • District: Widefield-3

    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
    $407,100
    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
    $407,100