2940 Magic Carpet
MLS #: 3464633
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2940 Magic Carpet, Colorado Springs

Single Family in 80916

List Price
$390,000
Beds/Baths: 3/3
Garage: 1
Year Built: 2023
Days on Market: 14
Taxes: $382/yr
Insurance: $3,000/yr est.
Listed By: Tina Dewey Homes Realty

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $2,594.68
Property Taxes $31.87
Insurance Get Quote → $250.00
Total Est. Monthly* $2,876.55

Market Context — 80916 (South Powers & Hancock)

Avg Days on Market: 37 ▼ This listing: 14
Avg Close Price: $314,000
Avg CPOLP: 97.7%
Median CPOLP: 100.0%
Active Listings: 110
Closed (30 days): 38

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80916 over the last 30 days.

County Assessor Data

Assessor Market Value: $376,239
Last Sale Price: $10
Last Sale Date: Aug 02, 2023
Lot Size: 0.05 acres
Finished SqFt: 1,360

Source: El Paso County Assessor. Parcel 6436213219. Assessor values may differ from market value.

Hail Risk — 80916

Moderate
Events (5 years): 8
Largest Stone: 1.5"
Avg Stone Size: 1.19"
Most Recent: Aug 24, 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.

Recent Comparable Sales (30 Days)

4320 Kanaly
4 bed / 2 bath · 28 DOM · Closed Jun 03
Listed: $380,000
$388,000
102.1% CPOLP
2050 Chelton
3 bed / 2 bath · 52 DOM · Closed Jun 12
Listed: $412,500
$385,000
93.3% CPOLP
4522 Lancaster
3 bed / 1 bath · 16 DOM · Closed May 29
Listed: $375,000
$375,000
100.0% CPOLP
3265 Foxridge
4 bed / 2 bath · 15 DOM · Closed Jun 22
Listed: $375,000
$375,000
100.0% CPOLP
5255 Aeroglide
2 bed / 2 bath · 43 DOM · Closed May 27
Listed: $375,000
$371,850
99.2% 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 80916

4471 Samaritan
MLS #: 1467366 More Details →
4471 Samaritan, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2
List Price: $390,000
DOM: 48
Taxes: $3,057/yr
Year Built: 2022
Listed By: Epique Realty
List Price $390,000
Est. Monthly Cost* $3,159.46
Price Drop — $15,000 off
4691 Canyon Wren
MLS #: 3383551 More Details →
4691 Canyon Wren, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2
List Price: $405,000 $390,000
DOM: 45
Taxes: $1,292/yr
Year Built: 2002
Listed By: The Platinum Group
List Price $390,000
Est. Monthly Cost* $2,992.32
4291 Marlow
MLS #: 5065891 More Details →
4291 Marlow, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 5/2
Garage: 2
List Price: $390,000
DOM: 14
Taxes: $1,201/yr
Year Built: 1982
Listed By: Lee and Associates Real Estate, Inc.
List Price $390,000
Est. Monthly Cost* $2,944.73
5277 Painted Sky
MLS #: 9254615 More Details →
5277 Painted Sky, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2
List Price: $389,000
DOM: 7
Taxes: $1,497/yr
Year Built: 2023
Listed By: Real Broker, LLC DBA Real
List Price $389,000
Est. Monthly Cost* $3,047.78
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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