NOT LISTED FOR SALE

587 Observatory Dr Unit A Colorado Springs, CO 80904

Westside Neighborhood

Estimated Value: $288,000 - $331,000

2 Beds
2 Baths
1,078 Sq Ft
$360/mo HOA Fee

Last Sold March 01, 2024

Last sale price $335,000 $311 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,086/month

1 Day on Market

Highlights

  • Mountain View
  • Ranch Style House
  • 1 Car Attached Garage
  • Bristol Elementary, School of the Arts and STEM Rated A-
  • Ground Level Unit
  • Concrete Porch or Patio

About This Home

As of March 2024

Well cared for main level condo overlooking the green areas and the mountains. One car attached garage with a 12 x 16 bonus room off the garage which is perfect for a family room or office.

Last Agent to Sell the Property

Kari Marold Simps

Springs Premier Brokerage LLC Listed on: 01/29/2024

Last Buyer's Agent

Sumer Liebold

8Z Real Estate LLC

8Z Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $515

Year Built

  • Built in 1984

Lot Details

  • 945

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,078 Sq Ft Home
  • Wood Burning Fireplace
  • Mountain Views

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available

Additional Features

  • Remote Devices
  • Concrete Porch or Patio
  • Landscaped
  • Ground Level Unit

Community Details

  • Greenbelt

Property Details

Home Type

Condominium

Est. Annual Taxes

$515

Year Built

Built in 1984

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Total Bathrooms: 2
  • LaundryFacilites: Main
  • Property Attached Yn: Yes
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1078
  • Fill Sq Ft Total: 1078
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Alley: None
  • Appliances: Dishwasher, Disposal, Dryer, Range Oven, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Type: Main, Wood
  • Floor Plan: Ranch
  • Flooring: Carpet, Ceramic Tile, Vinyl/Linoleum
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1078

Exterior Features

  • New Construction: Existing Home
  • Fence: None
  • Foundation Details: Slab
  • Landscaped: All
  • Lot Type: Level, Mountain View
  • PatioDesc: Concrete
  • Roof: Composite Shingle
  • Exterior Construction: Stucco
  • Structure: Wood Frame

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Electricity, Gas Available
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Common Amenities: Green Areas

Schools

  • School District: Colorado Springs 11
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.0217
  • Lot Size: 946.0000

Tax Info

  • Flip Tax Amount: 514.81
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Kyle Joyce L
Bought by
Richard G Kyle And Joyce L Kyle Joint Revocab
Current Estimated Value
$312,254

Purchase Details

Listed on
Jan 29, 2024
Closed on
Feb 29, 2024
Sold by
Hope Mary
Bought by
Kyle Joyce
Seller's Agent
Kari Marold Simps
Springs Premier Brokerage LLC
Buyer's Agent
Sumer Liebold
8Z Real Estate LLC
List Price
$335,000
Sold Price
$335,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.27%

Purchase Details

Closed on
Mar 4, 2011
Sold by
Stutheit Rosemary
Bought by
Hope Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1985
Bought by
Hope Mary

Purchase Details

Closed on
Feb 1, 1985
Bought by
Hope Mary
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Richard G Kyle And Joyce L Kyle Joint Revocab -- None Listed On Document
Kyle Joyce $335,000 Stewart Title
Hope Mary $154,000 Empire Title Of Co Springs
Hope Mary -- --
Hope Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hope Mary $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $335,000 0.0% $311 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $335,000 -- $311 / Sq Ft
Source: Pikes Peak REALTOR® Services

Tax History Compared to Growth

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 $854 $21,940 -- --
2024 $379 $19,740 $4,390 $15,350
2023 $379 $19,740 $4,390 $15,350
2022 $515 $16,150 $2,880 $13,270
2021 $981 $16,620 $2,970 $13,650
2020 $923 $13,600 $2,220 $11,380
2019 $918 $13,600 $2,220 $11,380
2018 $870 $11,850 $1,800 $10,050
2017 $824 $11,850 $1,800 $10,050
2016 $723 $12,470 $1,990 $10,480
2015 $720 $12,470 $1,990 $10,480
2014 $656 $10,900 $1,790 $9,110
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kari Marold Simps

    Springs Premier Brokerage LLC

    (719) 761-1792

    1 in this area

    84 Total Sales

    Kari Marold Simps
    Section Image
  • Sumer Liebold

    Buyer's Agent in 2024

    Sumer Liebold

    8Z Real Estate LLC

    (719) 375-9015

    5 in this area

    84 Total Sales

    Sumer Liebold
    Section Image
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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 2464358

Pikes Peak REALTOR® Services

APN: 74123-17-005

Colorado El Paso County Colorado Springs 80904 Westside

587 Observatory Dr Unit A, Colorado Springs, CO

This home is located at 587 Observatory Dr Unit A, Colorado Springs, CO 80904 since 29 January 2024 and is currently estimated at $312,254, approximately $289 per square foot. This property was built in 1984. 587 Observatory Dr Unit A is a home located in El Paso County with nearby schools including Bristol Elementary, School of the Arts and STEM, Holmes Middle School, and Coronado High School.

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.

Pikes Peak REALTOR® Services 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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