519 Prairie Rd Colorado Springs, CO 80909
Knob Hill NeighborhoodEstimated payment $1,494/month
Highlights
- Ranch Style House
- Baseboard Heating
- Wood Siding
- 1 Car Detached Garage
- Level Lot
- Carpet
About This Home
Fixer-Upper with Bonus Rental Unit – Dual Living in Knob Hill!
Opportunity knocks in Colorado Springs! Located in the centrally located Knob Hill subdivision, this property offers not just one—but two homes on a single lot, each with their own private space and entrance.
The main house features 2 bedrooms and 1 bathroom and is in need of a full remodel—ideal for an investor or homeowner looking to build equity and make it their own. With great bones and tons of potential, you can reimagine this home into something truly special.
Behind a privacy fence sits a separate 1 bed, 1 bath guest house/mother-in-law unit, complete with its own entrance and utilities. The seller previously used both homes as separate rentals, making this an excellent investment opportunity or perfect for multigenerational living.
With easy access to downtown, schools, shopping, and more, this as-is property is a rare find with built-in income potential. Whether you're looking to live in one and rent the other, or renovate both for a high-return investment—this Knob Hill gem is ready for your vision.
Live in one, rent the other, or renovate both—your opportunity starts here!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $801
Year Built
- Built in 1935
Lot Details
- 7,501 Sq Ft Lot
- Level Lot
Parking
- 1 Car Detached Garage
Home Design
- Ranch Style House
- Slab Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 750 Sq Ft Home
- Carpet
- Oven
- Electric Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Baseboard Heating
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 | $801 | $19,180 | -- | -- |
| 2024 | $694 | $18,790 | $3,430 | $15,360 |
| 2022 | $731 | $13,070 | $2,540 | $10,530 |
| 2021 | $794 | $13,460 | $2,620 | $10,840 |
| 2020 | $1,003 | $10,730 | $2,290 | $8,440 |
| 2019 | $724 | $10,730 | $2,290 | $8,440 |
| 2018 | $627 | $8,550 | $1,510 | $7,040 |
| 2017 | $594 | $8,550 | $1,510 | $7,040 |
| 2016 | $475 | $8,190 | $1,670 | $6,520 |
| 2015 | $473 | $8,190 | $1,670 | $6,520 |
| 2014 | $465 | $7,730 | $1,670 | $6,060 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Price Changed | $267,770 | -6.9% | $357 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $287,770 | -12.5% | $384 / Sq Ft |
| 07/09/2025 07/09/25 | For Sale | $328,770 | -- | $438 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | $140,000 | Stewart Title | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $13,000 | Unknown | |
| Previous Owner | $140,000 | Seller Take Back |
Source: Pikes Peak REALTOR® Services
MLS Number: 9639889
APN: 64093-36-010
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