Under Contract
5755 Velvet
MLS #: 1731330
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5755 Velvet, Colorado Springs

Single Family in 80918

List Price
$610,000
Beds/Baths: 3/3
Garage: 2
Year Built: 1994
Days on Market: 6
Taxes: $2,072/yr
Insurance: $3,000/yr est.
Listed By: Redfin Corporation

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $4,058.35
Property Taxes $172.67
Insurance Get Quote → $250.00
HOA (est.) Deer Run HOA $200.00
Total Est. Monthly* $4,681.02

Market Context — 80918 (Briargate & Pine Creek)

Avg Days on Market: 44 ▼ This listing: 6
Avg Close Price: $462,193
Avg CPOLP: 97.9%
Median CPOLP: 97.9%
Active Listings: 112
Closed (30 days): 48

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80918 over the last 30 days.

County Assessor Data

Assessor Market Value: $555,378 10% above
Last Sale Date: Mar 19, 2026
Lot Size: 0.20 acres
Finished SqFt: 2,945
Basement: 1,486 sqft (1,450 finished)

Source: El Paso County Assessor. Parcel 6314104009. Assessor values may differ from market value.

Hail Risk — 80918

High
Events (5 years): 17
Largest Stone: 1.75"
Avg Stone Size: 1.16"
Most Recent: Jun 17, 2025

Source: NOAA Storm Events Database. Hail events in this zip code over the past 5 years. Consider roof age and insurance implications.

Building Permits

5 records
Jul 2020 WATER HEATER REPLACEMENT $1,159 Finaled #M92780
Apr 2019 BASEMENT FINISH TO COMPLETE D26510 $100 Finaled #M23859
Feb 2019 FURNANCE AND A/C REPLACEMENT $1,500 Finaled #M14763
Jul 2015 REROOF $3,500 Finaled #J75959
Sep 2012 REROOF $2,500 Finaled #I40069
Provided as a courtesy — verify at pprbd.org

Recent Comparable Sales (30 Days)

5531 Wells Fargo
5 bed / 4 bath · 2 DOM · Closed Mar 16
Listed: $610,000
$620,000
101.6% CPOLP
2563 Integrity
3 bed / 3 bath · 128 DOM · Closed Mar 18
Listed: $629,900
$599,000
95.1% CPOLP
5563 Wells Fargo
5 bed / 4 bath · 2 DOM · Closed Apr 03
Listed: $610,000
$623,000
102.1% CPOLP
3765 Saddle Rock
4 bed / 3 bath · 1 DOM · Closed Apr 09
Listed: $625,000
$625,000
100.0% CPOLP
4444 Peak Crest
4 bed / 4 bath · 111 DOM · Closed Mar 19
Listed: $598,202
$570,000
95.3% CPOLP

Based on closed sales in the last 30 days with similar price range and location.

Click here for full details on PPAR →

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More Homes in 80918

4694 Peak Crest
MLS #: 6479787 More Details →
4694 Peak Crest, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 3/3
Garage: 2
List Price: $620,000
DOM: 19
Taxes: $2,325/yr
Year Built: 2021
Listed By: House Hunters, LLC
List Price $620,000
Est. Monthly Cost* $4,818.63
Price Drop — $24,501 off
5505 Teakwood
MLS #: 2963493 More Details →
5505 Teakwood, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 4/3
Garage: 2
List Price: $659,500 $634,999
DOM: 55
Taxes: $2,156/yr
Year Built: 1983
Listed By: ERA Shields Real Estate
List Price $634,999
Est. Monthly Cost* $4,654.32
Price Drop — $74,000 off
6485 Nanette
MLS #: 2967730 More Details →
6485 Nanette, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 4/3
Garage: 2
List Price: $659,000 $585,000
DOM: 280
Taxes: $1,426/yr
Year Built: 1977
Listed By: Welcome Home CO, Inc.
List Price $585,000
Est. Monthly Cost* $4,260.82
Price Drop — $5,740 off
5017 Crestwood
MLS #: 5054511 More Details →
5017 Crestwood, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 5/4
Garage: 3
List Price: $587,047 $581,307
DOM: 125
Taxes: $496/yr
Year Built: 2026
Listed By: Campbell Homes, LLC
List Price $581,307
Est. Monthly Cost* $4,158.75
The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Estimated monthly cost assumes 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

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