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Under Contract

Price Drop — $30,000 off (5.9%)

MLS #: 4743467

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518 Madison, Colorado Springs

Single Family in 80907

List Price

Was $507,000

$477,000

Beds/Baths: 5/2

Garage: 2

Year Built: 1914

Days on Market: 35

Taxes: $110/yr

Insurance: $3,000/yr est.

Listed By: The Cutting Edge

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $3,173.49

Property Taxes $9.21

Insurance Get Quote → $250.00

Total Est. Monthly* $3,432.70

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Market Context — 80907 (North End & Patty Jewett)

Avg Days on Market: 48 ▼ This listing: 35

Avg Close Price: $529,842

Avg CPOLP: 98.1%

Median CPOLP: 99.0%

Active Listings: 102

Closed (30 days): 37

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80907 over the last 30 days.

County Assessor Data

Assessor Market Value: $381,779 25% above

Last Sale Price: $200,000

Last Sale Date: Jan 11, 2018

Lot Size: 0.13 acres

Finished SqFt: 1,625

Basement: 884 sqft (741 finished)

School District: COLO SPGS SCHOOL DISTRICT #11

Source: El Paso County Assessor. Parcel 6406112013. Assessor values may differ from market value.

Hail Risk — 80907

Moderate

Events (5 years): 7

Largest Stone: 2.5"

Avg Stone Size: 1.43"

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 Permit data is temporarily unavailable. Check back later or verify at pprbd.org.

Price History

$507,000 Listed May 26

$487,000 ▼ -$20,000 / -3.9% Jun 22

$477,000 ▼ -$10,000 / -2.1% Jun 24

Recent Comparable Sales (30 Days)

3114 Templeton Gap

6 bed / 4 bath · 74 DOM · Closed Jun 12

Listed: $575,000

$480,000

83.5% CPOLP

814 Dirksland

4 bed / 3 bath · 7 DOM · Closed Jun 22

Listed: $480,000

$480,000

100.0% CPOLP

2708 Pennsylvania

3 bed / 3 bath · 68 DOM · Closed Jun 22

Listed: $499,000

$487,300

97.7% CPOLP

1311 Acacia

5 bed / 3 bath · 37 DOM · Closed Jul 09

Listed: $475,000

$465,000

97.9% CPOLP

2623 Meade

3 bed / 2 bath · 6 DOM · Closed Jul 07

Listed: $450,000

$465,000

103.3% CPOLP

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

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More Homes in 80907

Price Drop — $17,000 off

MLS #: 6093608 More Details →

2794 Soleil, Colorado Springs

Type: Townhouse

Zip: 80907

Beds/Baths: 4/4

Garage: 2

List Price: $495,888 $478,888

DOM: 98

Taxes: $462/yr

Year Built: 2025

Listed By: All American Homes, Inc.

List Price $478,888

Est. Monthly Cost* $3,751.55

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MLS #: 2470888 More Details →

4140 Tulip, Colorado Springs

Type: Single Family

Zip: 80907

Beds/Baths: 4/2

Garage: 2

List Price: $475,000

DOM: 15

Taxes: $1,346/yr

Year Built: 1975

Listed By: HomeSmart

List Price $475,000

Est. Monthly Cost* $3,522.39

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Price Drop — $45,124 off

MLS #: 8214437 More Details →

1905 Wahsatch, Colorado Springs

Type: Single Family

Zip: 80907

Beds/Baths: 2/1

Garage: 4

List Price: $525,000 $479,876

DOM: 793

Taxes: $907/yr

Year Built: 1927

Listed By: Venterra Real Estate LLC

List Price $479,876

Est. Monthly Cost* $3,518.17

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Price Drop — $119,900 off

MLS #: 5682238 More Details →

30 Shangra La, Colorado Springs

Type: Single Family

Zip: 80907

Beds/Baths: 3/2

Garage: 3

List Price: $599,900 $480,000

DOM: 275

Taxes: $828/yr

Year Built: 1983

Listed By: Exp Realty LLC

List Price $480,000

Est. Monthly Cost* $3,512.48

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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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518 Madison, Colorado Springs

Estimated Monthly Cost Breakdown*

Market Context — 80907 (North End & Patty Jewett)

County Assessor Data

Hail Risk — 80907

Price History

Recent Comparable Sales (30 Days)

More Homes in 80907

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