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MLS #: 5625240

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138 Rainbow, Colorado Springs

Single Family in 80906

List Price

$540,000

Beds/Baths: 4/2

Garage: 2

Year Built: 1955

Days on Market: 0

Taxes: $1,611/yr

Insurance: $3,000/yr est.

Listed By: Galvan and Gardner Real Estate Group, Inc.

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $3,592.63

Property Taxes $134.25

Insurance Get Quote → $250.00

Total Est. Monthly* $3,976.88

Market Context — 80906 (Broadmoor Bluffs & Cheyenne Canon)

Avg Days on Market: 57 ▼ This listing: 0

Avg Close Price: $686,516

Avg CPOLP: 94.6%

Median CPOLP: 95.9%

Active Listings: 159

Closed (30 days): 43

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80906 over the last 30 days.

County Assessor Data

Assessor Market Value: $510,247 6% above

Last Sale Date: May 21, 2025

Lot Size: 0.29 acres

Finished SqFt: 1,184

Basement: 1,104 sqft (80 finished)

School District: CHEYENNE MTN SCHOOL DISTRICT #12

Source: El Paso County Assessor. Parcel 7425401002. Assessor values may differ from market value.

Hail Risk — 80906

Moderate

Events (5 years): 6

Largest Stone: 1.75"

Avg Stone Size: 1.25"

Most Recent: Jul 06, 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

1 record

Aug 2025 REROOF-COMP TO COMP REROOF $12,000 Finaled #P98623

Provided as a courtesy — verify at pprbd.org

Recent Comparable Sales (30 Days)

707 Orion

4 bed / 3 bath · 184 DOM · Closed Apr 24

Listed: $639,900

$541,000

84.5% CPOLP

3235 Blue Mountain

4 bed / 3 bath · 18 DOM · Closed Apr 17

Listed: $515,000

$520,000

101.0% CPOLP

814 Orion

5 bed / 3 bath · 10 DOM · Closed Apr 16

Listed: $600,000

$565,000

94.2% CPOLP

426 Kearney

3 bed / 3 bath · 12 DOM · Closed Apr 17

Listed: $480,000

$485,500

101.1% CPOLP

618 Cheyenne

2 bed / 1 bath · 30 DOM · Closed Apr 16

Listed: $469,000

$463,000

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 80906

Price Drop — $50,000 off

MLS #: 1627311 More Details →

2755 Quail Ridge, Colorado Springs

Type: Townhouse

Zip: 80906

Beds/Baths: 4/3

Garage: 2

List Price: $600,000 $550,000

DOM: 71

Taxes: $1,865/yr

Year Built: 2003

Listed By: Max Brown Realty

List Price $550,000

Est. Monthly Cost* $4,514.58

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MLS #: 1222701 More Details →

4439 Cherry Oak, Colorado Springs

Type: Single Family

Zip: 80906

Beds/Baths: 4/3

Garage: 2

List Price: $530,000

DOM: 1

Taxes: $1,723/yr

Year Built: 1998

Listed By: HomeSmart

List Price $530,000

Est. Monthly Cost* $3,919.68

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Price Drop — $10,000 off

MLS #: 4255206 More Details →

1532 Cheyenne, Colorado Springs

Type: Single Family

Zip: 80906

Beds/Baths: 2/1

Garage: 1

List Price: $539,000 $529,000

DOM: 50

Taxes: $2,082/yr

Year Built: 1900

Listed By: Valor Properties, LLC

List Price $529,000

Est. Monthly Cost* $3,942.95

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MLS #: 8733053 More Details →

2960 Tenderfoot Hill, Colorado Springs

Type: Townhouse

Zip: 80906

Beds/Baths: 3/4

Garage: 2

List Price: $560,000

DOM: 7

Taxes: $1,611/yr

Year Built: 1985

Listed By: Keller Williams Partners

List Price $560,000

Est. Monthly Cost* $4,109.95

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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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138 Rainbow, Colorado Springs

Estimated Monthly Cost Breakdown*

Market Context — 80906 (Broadmoor Bluffs & Cheyenne Canon)

County Assessor Data

Hail Risk — 80906

Building Permits

Recent Comparable Sales (30 Days)

More Homes in 80906

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