501 N Franklin St Colorado Springs, CO 80903
Middle Shooks Run NeighborhoodEstimated payment $4,521/month
Total Views
31,673
5
Beds
3.5
Baths
4,500
Sq Ft
$178
Price per Sq Ft
Highlights
- Views of Pikes Peak
- Property is near a park
- Wood Flooring
- Meadow
- Multiple Fireplaces
- 3-minute walk to Mid Shooks Run Park
About This Home
Are you looking for a home with great walkability? This custom-built, 8-year-old home in an established downtown neighborhood might be exactly what you're looking for WITH POSSIBLE SELLER CONCESSIONS! It's just a few blocks from downtown, and around the corner from a fantastic local coffee house, pizza cafe, trails, parks, top restaurants, shops, and schools. The large open main level floor plan boasts hardwood flooring, tall ceilings, and a gas fireplace in the living room, complemented by abundant natural light from large windows. The gourmet kitchen features slab granite countertops, stainless steel appliances, an island with a gas cooktop, and custom cabinetry throughout. The main level master suite offers an attached bathroom with double vanities, slab granite, tile flooring, a large shower, and a walk-in closet. The laundry room is conveniently located off the kitchen and master suite, providing ample storage and folding space. The upper level is a great escape with a secondary family room/loft area featuring a gas fireplace and mountain views, and three spacious bedrooms sharing a large full bathroom with double sinks. You can spread out in the finished basement where you will find a 3rd family room which is currently set up as a media/theater room, with 9-foot ceilings, a fifth bedroom, a full bathroom, and plenty of storage space in the unfinished portion. The backyard is a great space for play and entertainment with low-maintenance turf, also providing access to the oversized 2-car garage located off the alley. Central air conditioning, upgrades throughout the home, two gas fireplaces, a low-maintenance stucco exterior, and newer construction features all add to the true value of this tremendous home!
Listing Agent
ERA Shields Real Estate Brokerage Phone: (719) 593-1000 Listed on: 06/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,384
Year Built
- Built in 2017
Lot Details
- 5,798 Sq Ft Lot
- Back Yard Fenced
- Landscaped
- Level Lot
- Meadow
Parking
- 2 Car Detached Garage
- Oversized Parking
- Workshop in Garage
- Garage Door Opener
Home Design
- Shingle Roof
- Stone Siding
- Stucco
Interior Spaces
- 4,500 Sq Ft Home
- 2-Story Property
- Multiple Fireplaces
- Gas Fireplace
- Views of Pikes Peak
- Basement Fills Entire Space Under The House
Kitchen
- Double Oven
- Plumbed For Gas In Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Property is near a park
- Property is near public transit
- Property near a hospital
- Property is near schools
- Property is near shops
Additional Features
- Concrete Porch or Patio
- Forced Air Heating and Cooling System
Community Details
Overview
- Built by Cascade Builders LLC
Recreation
- Hiking Trails
Map
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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 | $3,384 | $64,460 | -- | -- |
| 2024 | $3,250 | $65,460 | $7,040 | $58,420 |
| 2022 | $2,261 | $40,410 | $5,840 | $34,570 |
| 2021 | $2,453 | $41,570 | $6,010 | $35,560 |
| 2020 | $2,524 | $37,190 | $5,010 | $32,180 |
| 2019 | $2,511 | $37,190 | $5,010 | $32,180 |
| 2018 | $2,747 | $37,440 | $2,740 | $34,700 |
| 2017 | $766 | $37,440 | $2,740 | $34,700 |
| 2016 | $514 | $8,870 | $8,870 | $0 |
| 2015 | $512 | $8,870 | $8,870 | $0 |
| 2014 | $534 | $8,870 | $8,870 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2025 09/23/25 | Price Changed | $799,500 | -1.9% | $178 / Sq Ft |
| 09/07/2025 09/07/25 | Price Changed | $815,000 | -1.1% | $181 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $824,000 | -0.1% | $183 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $825,000 | -2.8% | $183 / Sq Ft |
| 06/26/2025 06/26/25 | For Sale | $849,000 | -- | $189 / Sq Ft |
Source: Pikes Peak REALTOR® Services
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $715,000 | Guaranteed Title Group Llc | |
| Warranty Deed | $499,000 | Empire Title Colorado Spring | |
| Warranty Deed | $24,500 | Unified Title Co Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $548,250 | New Conventional | |
| Previous Owner | $449,100 | New Conventional |
Source: Public Records
About the Listing Agent
A Realtor® is not a salesperson. They're matchmakers.
They introduce people to homes, until they fall in love with one. Then they're a wedding planner...
Let Tanya be your life changer whether you're selling, buying or relocating!
More About Me:
Tanya Walter is energetic, unforgettable and dedicated to fulfilling your real estate needs. Tanya has an extensive background in creative design and marketing for ERA Shields Real Estate and has now transformed that into being a Realtor®.
TANYA's Other Listings
Source: Pikes Peak REALTOR® Services
MLS Number: 6370346
APN: 64083-34-047
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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