$240,000

16560 Papago Way Colorado Springs, CO 80908

Estimated payment $1,486/month

Total Views 1,318
5.66 Acres
$42,403 Price per Acre
246,550 Sq Ft Lot

Highlights

  • 5.66 Acre Lot
  • Ray E Kilmer Elementary School Rated A-
  • Pasture Views

About This Lot

This home is located at 16560 Papago Way, Colorado Springs, CO 80908 and is currently priced at $240,000. 16560 Papago Way is a home located in El Paso County with nearby schools including Ray E Kilmer Elementary School, Lewis-Palmer Middle School, and Lewis-Palmer High School.

Listing Agent

Frank Lockridge

RE/MAX Leaders Brokerage Email: flockridge1@gmail.com,720-937-0463 License #100031937 Listed on: 06/16/2025

RE/MAX Leaders

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,233

Lot Details

  • 5.66 Acre Lot
  • Property is zoned RR-5

HOA Fees

  • $21 Monthly HOA Fees

Property Views

  • Pasture
  • Mountain

Utilities

  • Water Rights
  • Well
  • Septic Tank

Community Details

  • Cherry Creek Springs HOA, Phone Number (303) 555-1212
  • Cherry Creek Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 51200-02-038

Property Details

Property Type

Land

Est. Annual Taxes

$2,233

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Exclusions: NONE
  • SubdivisionName: Cherry Creek Springs
  • Ownership: Individual
  • REC_ExpectedActiveDate: 2025-06-16
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 0
  • REC_WaterMineralRights: Water Rights
  • Attribution Contact: flockridge1@gmail.com,720-937-0463
  • Special Features: None

Exterior Features

  • View: Mountain(s), Plains

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Name: Cherry Creek Springs HOA
  • Association Fee Frequency: Annually
  • Association Fee: 250
  • Phone: 303-555-1212
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 250.00
  • REC_AssociationFeeTotalAnnual: 250.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://www.cherrycreeksprings.com/membership-login

Lot Info

  • Parcel Number: 51200-02-038
  • Lot Size Acres: 5.66
  • Fencing: None
  • Lot Size Sq Ft: 246549.6

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2233

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,233 $43,000 -- --
2024 $2,226 $35,540 $35,540 --
2023 $2,226 $35,540 $35,540 --
2022 $1,681 $26,390 $26,390 $0
2021 $1,703 $26,390 $26,390 $0
2020 $1,478 $21,920 $21,920 $0
2019 $1,470 $21,920 $21,920 $0
2018 $1,298 $18,270 $18,270 $0
2017 $1,188 $18,270 $18,270 $0
2016 $1,397 $20,880 $20,880 $0
2015 $1,396 $20,880 $20,880 $0
2014 $1,931 $27,550 $27,550 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $240,000 +41.2% --
04/02/2024 04/02/24 Sold $170,000 -5.6% --
02/18/2024 02/18/24 Pending -- -- --
05/22/2023 05/22/23 For Sale $180,000 -- --
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $170,000 Guardian Title
Warranty Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 New Conventional
Previous Owner $4,100,000 Unknown
Previous Owner $14,000,000 New Conventional
Previous Owner $14,000,000 Unknown
Previous Owner $135,000 Commercial
Previous Owner $1,000,000 Unknown
Source: Public Records

Source: REcolorado®

MLS Number: 4350915

REcolorado®

APN: 51200-02-038