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MLS #: 5825987

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2845 Institute Street, Colorado Springs

Single Family in 80907

List Price

$450,000

Beds/Baths: 4/1

Garage: 2.0

Year Built: 1958

Days on Market: 6

Taxes: $1,281/yr

Insurance: $3,000/yr est.

Listed By: The Platinum Group

Estimated Monthly Cost Breakdown*

Mortgage (7.4% / 30yr) Contact a Lender → $3,115.71

Property Taxes $106.75

Insurance Get Quote → $250.00

Total Est. Monthly* $3,472.46

Adjust Your Scenario

Down payment0% ($0)

Interest rate7.40%

Rate defaults to the latest reported 30-year average. Taxes, insurance, and HOA are held fixed.

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Market Context - 80907 (North End & Patty Jewett)

Avg Days on Market: 53 ▼ This listing: 6

Avg Close Price: $490,671

Avg CPOLP: 95.4%

Median CPOLP: 97.6%

Active Listings: 110

Closed (30 days): 28

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80907 over the last 30 days.

County Assessor Data

Assessor Market Value: $367,945 22% above

Last Sale Price: $265,000

Last Sale Date: Oct 08, 2019

Lot Size: 0.16 acres

Finished SqFt: 1,025

Basement: 1,025 sqft

School District: COLO SPGS SCHOOL DISTRICT #11

Source: El Paso County Assessor. Parcel 6332310006. Assessor values may differ from market value.

Hail Risk - 80907

Moderate

Events (5 years): 7

Largest Stone: 2.5"

Avg Stone Size: 1.43"

Most Recent: Jun 17, 2025

Source: NOAA Storm Events Database. Hail events in this zip code over the past 5 years. Consider roof age and insurance implications.

Building Permits Permit data is temporarily unavailable. Check back later or verify at pprbd.org.

Recent Comparable Sales (30 Days)

2830 Institute Street

3 bed / 3 bath · 46 DOM · Closed Oct 02

Listed: $525,000

$455,000

86.7% CPOLP

2709 Prospect Street

5 bed / 2 bath · 19 DOM · Closed Oct 22

Listed: $445,000

$440,000

98.9% CPOLP

907 Madison Street

4 bed / 2 bath · 102 DOM · Closed Oct 15

Listed: $450,000

$440,000

97.8% CPOLP

1911 Nevada Avenue

3 bed / 2 bath · 230 DOM · Closed Oct 09

Listed: $570,000

$475,000

83.3% CPOLP

3712 Pembroke Street

5 bed / 2 bath · 47 DOM · Closed Oct 09

Listed: $420,000

$425,000

101.2% CPOLP

Based on closed sales in the last 30 days with similar price range and location.

Click here for full details on PPAR →

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More Homes in 80907

Price Drop - $25,000 off

MLS #: 2470888 More Details →

4140 Tulip Way, Colorado Springs

Type: Single Family

Zip: 80907

Beds/Baths: 4/2

Garage: 2.0

List Price: $475,000 $450,000

DOM: 110

Taxes: $1,346/yr

Year Built: 1975

Listed By: HomeSmart

List Price $450,000

Est. Monthly Cost* $3,477.92

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Price Drop - $75,124 off

MLS #: 8214437 More Details →

1905 Wahsatch Avenue, Colorado Springs

Type: Single Family

Zip: 80907

Beds/Baths: 2/1

Garage: 4.0

List Price: $525,000 $449,876

DOM: 867

Taxes: $907/yr

Year Built: 1927

Listed By: Venterra Real Estate LLC

List Price $449,876

Est. Monthly Cost* $3,440.39

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MLS #: 3523343 More Details →

21 polk Street, Colorado Springs

Type: Single Family

Zip: 80907

Beds/Baths: 3/2

Garage: 4.0

List Price: $449,000

DOM: 0

Taxes: $1,469/yr

Year Built: 1904

Listed By: Paul Temaat

List Price $449,000

Est. Monthly Cost* $3,481.20

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MLS #: 5636230 More Details →

706 Arrowhead Pass Heights, Colorado Springs

Type: Townhouse

Zip: 80907

Beds/Baths: 3/3

Garage: 2.0

List Price: $459,000

DOM: 37

Taxes: $1,364/yr

Year Built: 2006

Listed By: MB-Brunk and Brunk Inc

List Price $459,000

Est. Monthly Cost* $3,541.69

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The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Estimated monthly cost assumes 7.4% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

2845 Institute Street, Colorado Springs

Estimated Monthly Cost Breakdown*

Market Context - 80907 (North End & Patty Jewett)

County Assessor Data

Hail Risk - 80907

Recent Comparable Sales (30 Days)

More Homes in 80907

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