Price Drop — $24,501 off (3.7%)
5505 Teakwood
MLS #: 2963493
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5505 Teakwood, Colorado Springs

Single Family in 80918

List Price
Was $659,500
$634,999
Beds/Baths: 4/3
Garage: 2
Year Built: 1983
Days on Market: 62
Taxes: $2,156/yr
Insurance: $3,000/yr est.
Listed By: ERA Shields Real Estate

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $4,224.66
Property Taxes $179.66
Insurance Get Quote → $250.00
Total Est. Monthly* $4,654.32

Market Context — 80918 (Briargate & Pine Creek)

Avg Days on Market: 36 ▲ This listing: 62
Avg Close Price: $476,303
Avg CPOLP: 98.5%
Median CPOLP: 98.8%
Active Listings: 124
Closed (30 days): 52

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: $609,060
Last Sale Price: $419,500
Last Sale Date: Dec 15, 2017
Lot Size: 0.32 acres
Finished SqFt: 2,603
Basement: 1,027 sqft (1,027 finished)

Source: El Paso County Assessor. Parcel 6314301024. 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

6 records
Jan 2018 FIREPLACE INSTALL $2,500 Finaled #L32789
Jun 2016 A/C COIL & CONDENSING UNIT REPLACEMENT $100 Finaled #K15961
Jul 2015 EMERGENCY PANEL SWAP 100A $700 Finaled #J72832
Jan 2015 FURNACE REPLACEMENT $800 Finaled #J51371
Apr 2011 WATER HEATER REPLACEMENT $900 Finaled #H74544
Showing 5 of 6 permits Provided as a courtesy — verify at pprbd.org

Price History

$659,500 Listed Mar 02
$644,900 ▼ -$14,600 / -2.2% Mar 19
$634,999 ▼ -$9,901 / -1.5% Apr 01

Recent Comparable Sales (30 Days)

5860 Drifter
6 bed / 4 bath · 4 DOM · Closed Apr 17
Listed: $550,000
$632,000
114.9% CPOLP
3765 Saddle Rock
4 bed / 3 bath · 1 DOM · Closed Apr 09
Listed: $625,000
$625,000
100.0% CPOLP
5563 Wells Fargo
5 bed / 4 bath · 2 DOM · Closed Apr 03
Listed: $610,000
$623,000
102.1% CPOLP
4535 Peak Crest
3 bed / 4 bath · 0 DOM · Closed Apr 13
Listed: $615,000
$615,000
100.0% CPOLP
6167 Treeledge
5 bed / 4 bath · 2 DOM · Closed Apr 15
Listed: $685,000
$670,000
97.8% CPOLP

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

Click here for full details on PPAR →

Call Rob Message Rob Get Alerts for 80918 Save

More Homes in 80918

Price Drop — $15,100 off
5431 Wells Fargo
MLS #: 2917351 More Details →
5431 Wells Fargo, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 5/3
Garage: 3
List Price: $655,000 $639,900
DOM: 42
Taxes: $1,835/yr
Year Built: 1998
Listed By: Prestige Properties of America, LLC
List Price $639,900
Est. Monthly Cost* $4,699.56
1342 York
MLS #: 9740281 More Details →
1342 York, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 5/4
Garage: 2
List Price: $649,000
DOM: 11
Taxes: $2,069/yr
Year Built: 1971
Listed By: The Cutting Edge
List Price $649,000
Est. Monthly Cost* $4,740.23
Price Drop — $30,010 off
4595 Peak Crest
MLS #: 3947146 More Details →
4595 Peak Crest, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 3/4
Garage: 2
List Price: $680,000 $649,990
DOM: 151
Taxes: $964/yr
Year Built: 2025
Listed By: House Hunters, LLC
List Price $649,990
Est. Monthly Cost* $4,904.72
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: 26
Taxes: $2,325/yr
Year Built: 2021
Listed By: House Hunters, LLC
List Price $620,000
Est. Monthly Cost* $4,818.63
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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