Unique rare and amazing home with plenty of off street parking. This property is a block away from Acacia Park and Palmer High School. Currently used as a month to month rental, this property was also used as an office and a residential residence. This charming large two story home is located conveniently between Wasatch and Weber. Imagine the possibilities for future use with the large numbers of traffic on the sidewalk and Platte, with its extensive off street parking. Live in and enjoy Downtown Colorado Springs.
Property Details
Property Features
Property Information:
Year Built: 1894
Living Area: 1,743 SqFt
Listing Office:
Office Name: Townsend Real Estate Ltd
Office Phone: (719) 330-8484
Listing Agent: Benjamin Townsend
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
View: Mountain(s)
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot: Views
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: None
School Info
Assigned Schools Information:
Palmer High School, Public District Grades 9-12
North Middle School, Public District Grades 6-8
Columbia Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $429,000
Price Per SqFt: $246/SqFt
Tax Information:
Annual Amount: $913
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Colorado Springs, CO.
This property is $46K less than the Median Sold Price and $13/SqFt more than other homes in Colorado Springs, CO.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #5728289
Listing Office:
Office Name: Townsend Real Estate Ltd
Office Phone: (719) 330-8484
Listing Agent: Benjamin Townsend
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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,209
Per Month
Principal & Interest
$2,142
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,353
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Columbia Elementary School
835 E Saint Vrain St
Distance between this listing and this school0.57 miles
Public District Grades PK-5
Middle School
5
/10
North Middle School
612 E Yampa St
Distance between this listing and this school0.75 miles
Public District Grades 6-8
High School
4
/10
Palmer High School
301 N Nevada Ave
Distance between this listing and this school0.09 miles
Public District Grades 9-12
Assigned Schools
3
/10
Columbia Elementary School
835 E Saint Vrain St
Distance between this listing and this school0.57 miles
Public District Grades PK-5
Nearby Schools
5
/10
Bristol Elementary School
890 N Walnut St
Distance between this listing and this school0.99 miles
Public District Grades PK-5
3
/10
Hunt Elementary School
917 E Moreno Ave
Distance between this listing and this school1.13 miles
Public District Grades PK-5
Assigned Schools
5
/10
North Middle School
612 E Yampa St
Distance between this listing and this school0.75 miles
Public District Grades 6-8
Nearby Schools
2
/10
Galileo School of Math and Science
1600 N Union Blvd
Distance between this listing and this school1.78 miles
Public Magnet Grades 6-8
5
/10
West Middle School
1920 W Pikes Peak Ave
Distance between this listing and this school1.88 miles
Public District Grades 6-8
Assigned Schools
4
/10
Palmer High School
301 N Nevada Ave
Distance between this listing and this school0.09 miles
Public District Grades 9-12
Nearby Schools
1
/10
Community Preparatory Charter School
332 E Willamette Ave
Distance between this listing and this school0.32 miles
Public Charter Grades 9-12
3
/10
Pikes Peak Preparatory
525 E Costilla St
Distance between this listing and this school0.78 miles
The neighbors living near this home have an average income of $12,402. The majority of Colorado Springs, CO residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 316 E Platte Ave
What is the listing price of this property?
The listing price of 316 E Platte Ave property is $429,000.
What type of property is this?
The property 316 E Platte Ave is a house located in Colorado Springs, Colorado, 80903.
Is this property for sale now?
Active Listing: 316 E Platte Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 316 E Platte Ave are: Columbia Elementary School: GreatSchools Rating 3/10North Middle School: GreatSchools Rating 5/10Palmer High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $913 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 316 E Platte Ave has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 316 E Platte Ave is 1,743 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 316 E Platte Ave is 1894.
This home is located at 316 E Platte Ave in Colorado Springs, CO and zip code 80903 in the City Center neighborhood. This 1,743 square foot home, which was built in 1894, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $429,000.
While more than 59 listings in Colorado Springs, CO in April 2024 were sold above asking price, there were more than 51 listings sold at asking price, and more than 69 were sold below. Between March 2024 and April 2024, Colorado Springs, CO real estate market has seen increase in the number of listings by 78.8%. While the average time on the market in April 2024 was 30 days, the median list price was $475,000.
From Rocket Homes Real Estate and based on county public records data.