Iconic Colorado Properties
Rob Thompson, Realtor
719.440.6626  |  rob@iconiccoloradoproperties.com
Monthly Price Market Sell Buy Near Me Commute Blog
831 Merrimack River Way
MLS #: 4797786
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831 Merrimack River Way, Monument

Single Family in 80132

List Price
$560,000
Beds/Baths: 4/4
Garage: 3.0
Year Built: 2006
Days on Market: 0
Taxes: $3,668/yr
Insurance: $3,000/yr est.
Listed By: Action Team Realty

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $3,725.69
Property Taxes $305.67
Insurance Get Quote → $250.00
Total Est. Monthly* $4,281.36
Own a home nearby? See what it's worth with live MLS + assessor comps. Check My Home's Value →

Market Context — 80132 (Monument & Palmer Lake)

Avg Days on Market: 59 ▼ This listing: 0
Avg Close Price: $788,794
Avg CPOLP: 95.8%
Median CPOLP: 97.5%
Active Listings: 249
Closed (30 days): 51

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80132 over the last 30 days.

County Assessor Data

Assessor Market Value: $619,698 10% below
Last Sale Price: $545,500
Last Sale Date: Oct 19, 2021
Lot Size: 0.23 acres
Finished SqFt: 2,794
Basement: 940 sqft (798 finished)

Source: El Paso County Assessor. Parcel 7125303012. Assessor values may differ from market value.

Hail Risk — 80132

Moderate
Events (5 years): 11
Largest Stone: 2.0"
Avg Stone Size: 1.2"
Most Recent: May 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)

17739 Lucky Penny Lane
3 bed / 3 bath · 390 DOM · Closed Jul 28
Listed: $629,742
$561,951
89.2% CPOLP
17687 Lemon Rye Loop
3 bed / 3 bath · 7 DOM · Closed Aug 13
Listed: $579,500
$570,000
98.4% CPOLP
17660 Lucky Penny Lane
4 bed / 3 bath · 60 DOM · Closed Aug 06
Listed: $604,395
$577,129
95.5% CPOLP
1360 Fawnwood Road
4 bed / 3 bath · 46 DOM · Closed Jul 29
Listed: $560,500
$531,000
94.7% CPOLP
16761 Buffalo Valley Path
3 bed / 3 bath · 32 DOM · Closed Jul 31
Listed: $550,000
$525,000
95.5% 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 80132

Featured Listing
Price Drop — $46,000 off
230 Wild Duck Lane
MLS #: 1351377 More Details →
230 Wild Duck Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/4
Garage: 3.0
List Price: $875,000 $829,000
DOM: 66
Taxes: $2,838/yr
Year Built: 1998
Listed By: Iconic Colorado Properties, LLC
List Price $829,000
Est. Monthly Cost* $6,001.86
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Price Drop — $19,263 off
17822 Lucky Penny Lane
MLS #: 3003859 More Details →
17822 Lucky Penny Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 2.0
List Price: $579,263 $560,000
DOM: 38
Taxes: $3,198/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $560,000
Est. Monthly Cost* $4,242.19
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Price Drop — $12,704 off
17654 Lucky Penny Lane
MLS #: 9055993 More Details →
17654 Lucky Penny Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 2.0
List Price: $572,704 $560,000
DOM: 87
Taxes: $3,198/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $560,000
Est. Monthly Cost* $4,242.19
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Price Drop — $31,000 off
54 Washington Street
MLS #: 2024943 More Details →
54 Washington Street, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/2
Garage: 1.0
List Price: $590,000 $559,000
DOM: 166
Taxes: $1,694/yr
Year Built: 1979
Listed By: Exp Realty LLC
List Price $559,000
Est. Monthly Cost* $4,110.17
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See all homes in 80132 →
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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