Price Drop — $15,000 off (3.1%)
4905 Balsam Street
MLS #: 2544017
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4905 Balsam Street, Colorado Springs

Single Family in 80923

List Price
Was $480,000
$465,000
Beds/Baths: 4/4
Garage: 2.0
Year Built: 1998
Days on Market: 52
Taxes: $1,734/yr
Insurance: $3,000/yr est.
Listed By: Pink Realty Inc

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $3,093.66
Property Taxes $144.54
Insurance Get Quote → $250.00
Total Est. Monthly* $3,488.20
Own a home nearby? See what it's worth with live MLS + assessor comps. Check My Home's Value →

Market Context — 80923 (Stetson Hills & Meridian Ranch)

Avg Days on Market: 33 ▲ This listing: 52
Avg Close Price: $474,543
Avg CPOLP: 97.8%
Median CPOLP: 98.6%
Active Listings: 126
Closed (30 days): 50

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80923 over the last 30 days.

County Assessor Data

Assessor Market Value: $464,230
Last Sale Price: $510,000
Last Sale Date: Nov 20, 2023
Lot Size: 0.14 acres
Finished SqFt: 2,118
Basement: 679 sqft (569 finished)

Source: El Paso County Assessor. Parcel 6313225005. Assessor values may differ from market value.

Hail Risk — 80923

Moderate
Events (5 years): 8
Largest Stone: 1.75"
Avg Stone Size: 1.19"
Most Recent: Jun 15, 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 Permit data is temporarily unavailable. Check back later or verify at pprbd.org.

Price History

$480,000 Listed Jun 27
$465,000 ▼ -$15,000 / -3.1% Aug 19

Recent Comparable Sales (30 Days)

6451 Jules Drive
3 bed / 3 bath · 37 DOM · Closed Aug 14
Listed: $459,900
$465,000
101.1% CPOLP
7533 Bandana Way
3 bed / 3 bath · 11 DOM · Closed Aug 10
Listed: $460,000
$460,300
100.1% CPOLP
5889 Huerfano Drive
4 bed / 3 bath · 3 DOM · Closed Aug 14
Listed: $449,900
$460,000
102.2% CPOLP
5928 Iceberg Pass Way
3 bed / 2 bath · 6 DOM · Closed Aug 06
Listed: $470,000
$472,000
100.4% CPOLP
7543 Bandana Way
2 bed / 2 bath · 67 DOM · Closed Aug 14
Listed: $460,000
$454,000
98.7% 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 80923

Price Drop — $30,000 off
7060 New Meadow Drive
MLS #: 2966894 More Details →
7060 New Meadow Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $495,000 $465,000
DOM: 73
Taxes: $3,195/yr
Year Built: 2018
Listed By: Mountain Mgt & Real Estate, Inc.
List Price $465,000
Est. Monthly Cost* $3,609.91
Price Drop — $15,000 off
5372 Luster Drive
MLS #: 9212678 More Details →
5372 Luster Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $475,000 $460,000
DOM: 8
Taxes: $1,569/yr
Year Built: 2002
Listed By: REMAX PROPERTIES
List Price $460,000
Est. Monthly Cost* $3,441.11
6860 Conifer Ridge Drive
MLS #: 5687735 More Details →
6860 Conifer Ridge Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 6/4
Garage: 2.0
List Price: $470,000
DOM: 6
Taxes: $2,209/yr
Year Built: 2005
Listed By: Matthew Moorman
List Price $470,000
Est. Monthly Cost* $3,560.99
Price Drop — $44,900 off
7042 Grand Prairie Drive
MLS #: 3842945 More Details →
7042 Grand Prairie Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $514,900 $470,000
DOM: 76
Taxes: $1,719/yr
Year Built: 2001
Listed By: ERA Shields Real Estate
List Price $470,000
Est. Monthly Cost* $3,520.18
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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