2418 Payne Cir W Colorado Springs, CO 80916
Gateway Park NeighborhoodEstimated payment $1,902/month
Highlights
- Ranch Style House
- Shed
- Forced Air Heating System
- 1 Car Attached Garage
- Ceramic Tile Flooring
- Ceiling Fan
About This Home
Welcome to this charming ranch-style home featuring 5 bedrooms and 2 bathrooms in a convenient central Colorado Springs location! From the moment you walk in, you’ll love the open-concept layout and the abundance of bright natural light throughout. The main level flows seamlessly from the living room into the dining area and kitchen, while the large basement offers 2 additional bedrooms and a bathroom — perfect for guests, family, or rental opportunities. Outside, the home showcases a timeless brick exterior that adds curb appeal and character. Sitting on a nearly quarter-acre lot, you’ll enjoy a huge backyard just waiting for your personal touches. With no HOA, there are no parking restrictions, giving you the flexibility to bring extra vehicles, trailers, or recreational toys. This home offers the perfect amount of space for a growing family, multi-generational living, or an investor looking to rent out rooms. Conveniently located near shopping, dining, Colorado Springs Airport, and all military installations, this home is full of potential and ready for new owners to make it their own!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,428
Year Built
- Built in 1973
Lot Details
- 10,454 Sq Ft Lot
- Level Lot
Parking
- 1 Car Attached Garage
Home Design
- Ranch Style House
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,962 Sq Ft Home
- Ceiling Fan
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Shed
Utilities
- Forced Air Heating System
- 220 Volts in Kitchen
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,220 | $24,700 | -- | -- |
| 2024 | $949 | $24,780 | $3,580 | $21,200 |
| 2023 | $949 | $24,780 | $3,580 | $21,200 |
| 2022 | $872 | $16,170 | $3,130 | $13,040 |
| 2021 | $931 | $16,640 | $3,220 | $13,420 |
| 2020 | $727 | $11,160 | $2,500 | $8,660 |
| 2019 | $705 | $11,160 | $2,500 | $8,660 |
| 2018 | $564 | $8,590 | $1,800 | $6,790 |
| 2017 | $430 | $8,590 | $1,800 | $6,790 |
| 2016 | $461 | $8,630 | $1,830 | $6,800 |
| 2015 | $460 | $8,630 | $1,830 | $6,800 |
| 2014 | $419 | $7,760 | $1,830 | $5,930 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/26/2025 10/26/25 | Pending | -- | -- | -- |
| 10/22/2025 10/22/25 | Price Changed | $340,000 | -2.9% | $173 / Sq Ft |
| 09/10/2025 09/10/25 | For Sale | $350,000 | -- | $178 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | Empire Title Co Springs Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $102,000 | Wtg | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $105,000 | North American Title | |
| Joint Tenancy Deed | $90,500 | First American | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $232,750 | New Conventional | |
| Previous Owner | $94,832 | FHA | |
| Previous Owner | $103,044 | FHA | |
| Previous Owner | $92,310 | VA |
Source: Pikes Peak REALTOR® Services
MLS Number: 2588531
APN: 64263-01-012
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