Price Drop — $5,000 off (2.1%)
40 Murray Heights
MLS #: 5625411
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40 Murray Heights, Colorado Springs

Townhouse in 80916

List Price
Was $235,000
$230,000
Beds/Baths: 2/2
Garage: 2
Year Built: 1983
Days on Market: 101
Taxes: $539/yr
Insurance: $3,000/yr est.
Listed By: Coldwell Banker Realty

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $1,530.20
Property Taxes $44.90
Insurance Get Quote → $250.00
Total Est. Monthly* $1,825.09

Market Context — 80916 (South Powers & Hancock)

Avg Days on Market: 55 ▲ This listing: 101
Avg Close Price: $348,199
Avg CPOLP: 98.0%
Median CPOLP: 99.1%
Active Listings: 79
Closed (30 days): 34

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: $238,867
Last Sale Price: $195,000
Last Sale Date: Oct 28, 2021
Lot Size: 0.03 acres
Finished SqFt: 992

Source: El Paso County Assessor. Parcel 6414105041. Assessor values may differ from market value.

Hail Risk — 80916

Moderate
Events (5 years): 10
Largest Stone: 1.5"
Avg Stone Size: 1.15"
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

2 records
Feb 2019 FURNACE REPLACEMENT $2,160 Finaled #M12460
May 2018 WATER HEATER REPLACEMENT $100 Finaled #L46083
Provided as a courtesy — verify at pprbd.org

Price History

$235,000 Listed Mar 02
$230,000 ▼ -$5,000 / -2.1% Mar 31

Recent Comparable Sales (30 Days)

199 Ellers
2 bed / 2 bath · 7 DOM · Closed Mar 20
Listed: $215,000
$220,000
102.3% CPOLP
84 Stovel
2 bed / 2 bath · 77 DOM · Closed Mar 25
Listed: $215,000
$210,000
97.7% CPOLP
4301 Hunting Meadows
2 bed / 3 bath · 20 DOM · Closed Mar 30
Listed: $225,000
$225,000
100.0% CPOLP
4550 London
3 bed / 2 bath · 12 DOM · Closed Mar 31
Listed: $225,000
$198,000
88.0% CPOLP
4243 Moonbeam
3 bed / 1 bath · 128 DOM · Closed Mar 30
Listed: $310,000
$291,000
93.9% 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 80916 Save

More Homes in 80916

4545 Lamplighter
MLS #: 5217599 More Details →
4545 Lamplighter, Colorado Springs
Type: Condo
Zip: 80916
Beds/Baths: 2/2
Garage: 2
List Price: $230,000
DOM: 23
Taxes: $557/yr
Year Built: 1984
Listed By: LPT Realty LLC
List Price $230,000
Est. Monthly Cost* $1,826.64
Price Drop — $5,000 off
3064 Starlight
MLS #: 3248581 More Details →
3064 Starlight, Colorado Springs
Type: Townhouse
Zip: 80916
Beds/Baths: 2/2
Garage: 1
List Price: $234,000 $229,000
DOM: 13
Taxes: $495/yr
Year Built: 1984
Listed By: Flat Rate Realty Group LLC
List Price $229,000
Est. Monthly Cost* $2,026.78
Price Drop — $7,500 off
4220 Hunting Meadows
MLS #: 6089376 More Details →
4220 Hunting Meadows, Colorado Springs
Type: Condo
Zip: 80916
Beds/Baths: 2/3
Garage: 1
List Price: $240,000 $232,500
DOM: 238
Taxes: $598/yr
Year Built: 1986
Listed By: The Key Team
List Price $232,500
Est. Monthly Cost* $1,846.69
4931 Leland
MLS #: 5326799 More Details →
4931 Leland, Colorado Springs
Type: Condo
Zip: 80916
Beds/Baths: 2/2
Garage: 1
List Price: $235,000
DOM: 21
Taxes: $746/yr
Year Built: 2001
Listed By: Muldoon Associates Inc
List Price $235,000
Est. Monthly Cost* $1,875.61
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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