$299,999

585 Observatory Dr Unit 2F Colorado Springs, CO 80904

Westside Neighborhood

Estimated payment $2,042/month

2 Beds
2 Baths
1,097 Sq Ft
$273 Price per Sq Ft

Highlights

  • Ranch Style House
  • End Unit
  • Fireplace
  • Bristol Elementary, School of the Arts and STEM Rated A-
  • Hiking Trails
  • 1 Car Attached Garage

About This Home

Welcome to this beautifully maintained 2-bedroom, 2-bathroom single-level condo in the desirable Promontory Point community. The living room offers a cozy atmosphere with a welcoming fireplace, a stunning hearth, and built-in storage. The dining area flows seamlessly to a private patio through French doors, where you can relax and enjoy the open green space. A spacious family room provides endless possibilities—perfect for a home office, exercise room, or entertainment area. Neutral paint throughout creates a clean, move-in ready feel, complemented by tile flooring in the kitchen and both bathrooms. With a timeless stucco exterior and durable tile roof, this home combines charm with low-maintenance living. Enjoy the tranquility of quiet west side living while being just minutes from downtown with convenient access to I-25.

Listing Agent

Karsten Musaeus KW Agent

Keller Williams Clients Choice Realty Brokerage Phone: 719-535-0355 Listed on: 10/02/2025

Keller Williams Clients Choice Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $915

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • Back Yard Fenced
  • Landscaped

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,097 Sq Ft Home
  • Fireplace

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Concrete Porch or Patio

Schools

  • Bristol Elementary School
  • Holmes Middle School
  • Coronado High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available

Community Details

Overview

  • Association fees include covenant enforcement, insurance, ground maintenance, maintenance structure, management, snow removal, trash removal
  • On-Site Maintenance
  • Greenbelt

Recreation

  • Park
  • Hiking Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$915

Year Built

Built in 1984

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Total Bathrooms: 2
  • LaundryFacilites: Main
  • Property Attached Yn: Yes
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Fill Sq Ft Total: 1097
  • Year Built: 1984
  • Attribution Contact: 719-535-0355
  • Special Features: None

Interior Features

  • Alley: None
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Type: Main Level, One
  • Floor Plan: Ranch
  • Flooring: Carpet, Ceramic Tile
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1097

Exterior Features

  • New Construction: Existing Home
  • Fence: Rear
  • Foundation Details: Slab
  • Landscaped: All
  • Lot Type: Level, See Prop Desc Remarks
  • Lot Location: Hiking Trail
  • PatioDesc: Concrete, See Prop Desc Remarks
  • Roof: Tile
  • Exterior Construction: Stucco
  • Structure: Frame

Garage/Parking

  • Driveway: Concrete
  • GarageAmenitities: Garage Door Opener
  • Garage Spaces: 1
  • Garage Type: Attached

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Connected, Electricity Available, Natural Gas Connected, Telephone
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Community Features: Parks or Open Space
  • Common Amenities: Green Areas, Landscape Maintenance

Fee Information

  • Association Fee Includes: Covenant Enforcement, Insurance, Maintenance Grounds, Maintenance Structure, Management, Snow Removal, Trash Removal

Schools

  • Elementary School: Bristol
  • High School: Coronado
  • Middle Or Junior School: Holmes
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.0341
  • Lot Size: 1486.0000

Tax Info

  • Flip Tax Amount: 915.22
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $915 $21,940 -- --
2024 $807 $20,850 $4,390 $16,460
2022 $957 $17,110 $2,880 $14,230
2021 $1,039 $17,610 $2,970 $14,640
2020 $979 $14,420 $2,220 $12,200
2019 $973 $14,420 $2,220 $12,200
2018 $923 $12,580 $1,800 $10,780
2017 $874 $12,580 $1,800 $10,780
2016 $767 $13,230 $1,990 $11,240
2015 $764 $13,230 $1,990 $11,240
2014 $649 $10,780 $1,790 $8,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2025 10/02/25 For Sale $299,999 -9.1% $273 / Sq Ft
10/25/2024 10/25/24 Sold $330,000 0.0% $301 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/07/2024 09/07/24 Price Changed $330,000 -2.9% $301 / Sq Ft
08/08/2024 08/08/24 For Sale $340,000 -- $310 / Sq Ft
Source: Pikes Peak REALTOR® Services

Purchase History

Date Type Sale Price Title Company
Warranty Deed $330,000 First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed $160,000 --
Warranty Deed $145,000 Security Title
Warranty Deed $113,500 Security Title
Deed $86,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 New Conventional
Previous Owner $60,000 Unknown
Previous Owner $69,300 No Value Available
Source: Public Records

Source: Pikes Peak REALTOR® Services

MLS Number: 2097632

Pikes Peak REALTOR® Services

APN: 74123-17-058