Under Contract
Price Drop — $60,000 off (11.4%)
2830 Institute Street
MLS #: 5891640
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2830 Institute Street, Colorado Springs

Single Family in 80907

List Price
Was $525,000
$465,000
Beds/Baths: 3/3
Garage: 1.0
Year Built: 1959
Days on Market: 46
Taxes: $1,293/yr
Insurance: $3,000/yr est.
Listed By: LIV Sotheby's International Realty CO Springs

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $3,093.66
Property Taxes $107.73
Insurance Get Quote → $250.00
Total Est. Monthly* $3,451.39
Own a home nearby? See what it's worth with live MLS + assessor comps. Check My Home's Value →

Market Context — 80907 (North End & Patty Jewett)

Avg Days on Market: 25 ▲ This listing: 46
Avg Close Price: $508,618
Avg CPOLP: 96.0%
Median CPOLP: 98.9%
Active Listings: 109
Closed (30 days): 21

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: $390,987 19% above
Last Sale Price: $120,000
Last Sale Date: Jun 17, 1998
Lot Size: 0.17 acres
Finished SqFt: 1,694
Basement: 1,025 sqft (669 finished)

Source: El Paso County Assessor. Parcel 6332309015. 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

$499,900 Listed Jun 22
$485,000 ▼ -$14,900 / -3.0% Jul 07
$469,900 ▼ -$15,100 / -3.1% Jul 13
$465,000 ▼ -$4,900 / -1.0% Aug 10

Recent Comparable Sales (30 Days)

2417 Corona Street
2 bed / 2 bath · 6 DOM · Closed Aug 19
Listed: $475,000
$465,000
97.9% CPOLP
314 Columbia Street
3 bed / 3 bath · 63 DOM · Closed Sep 01
Listed: $530,000
$477,500
90.1% CPOLP
3 bed / 2 bath · 12 DOM · Closed Aug 14
Listed: $450,000
$445,000
98.9% CPOLP
212 Madison Street
4 bed / 2 bath · 37 DOM · Closed Sep 09
Listed: $465,000
$442,000
95.1% CPOLP
3807 Somerset Drive
5 bed / 3 bath · 9 DOM · Closed Aug 21
Listed: $399,000
$405,000
101.5% 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 80907

421 Caramillo Street
MLS #: 1724326 More Details →
421 Caramillo Street, Colorado Springs
Type: Single Family
Zip: 80907
Beds/Baths: 3/1
Garage: 0
List Price: $465,000
DOM: 0
Taxes: $1,253/yr
Year Built: 1906
Listed By: VARA: The Real Estate Collective
List Price $465,000
Est. Monthly Cost* $3,448.07
741 Little Bear Grove
MLS #: 7476888 More Details →
741 Little Bear Grove, Colorado Springs
Type: Townhouse
Zip: 80907
Beds/Baths: 3/4
Garage: 2.0
List Price: $469,999
DOM: 13
Taxes: $284/yr
Year Built: 2025
Listed By: REMAX PROPERTIES
List Price $469,999
Est. Monthly Cost* $3,400.58
2761 Prospect Street
MLS #: 6264663 More Details →
2761 Prospect Street, Colorado Springs
Type: Single Family
Zip: 80907
Beds/Baths: 5/3
Garage: 2.0
List Price: $459,900
DOM: 3
Taxes: $1,512/yr
Year Built: 1964
Listed By: Rocky Mountain Living Colorado
List Price $459,900
Est. Monthly Cost* $3,435.76
706 Arrowhead Pass Heights
MLS #: 5636230 More Details →
706 Arrowhead Pass Heights, Colorado Springs
Type: Townhouse
Zip: 80907
Beds/Baths: 3/3
Garage: 2.0
List Price: $459,000
DOM: 33
Taxes: $1,364/yr
Year Built: 2006
Listed By: MB-Brunk and Brunk Inc
List Price $459,000
Est. Monthly Cost* $3,417.41
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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