5540 Parapet
MLS #: 8477977

5540 Parapet, Colorado Springs

Single Family in 80918

List Price
$1,850,000
Beds/Baths: 6/6
Garage: 3
Year Built: 1991
Days on Market: 17
Taxes: $3,453/yr
Insurance: $3,000/yr
Listed By: REMAX PROPERTIES

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) $12,308.10
Property Taxes $287.75
Insurance $250.00
Total Est. Monthly* $12,845.85

Market Context — 80918 (Briargate & Pine Creek)

Avg Days on Market: 66 ▼ This listing: 17
Avg Close Price: $421,200
Avg CPOLP: 95.7%
Median CPOLP: 96.3%
Active Listings: 95
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 80918 over the last 30 days.

Hail Risk — 80918

High
Events (5 years): 17
Largest Stone: 1.75"
Avg Stone Size: 1.16"
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

3 records
Oct 2014 REROOF PATIO COVER PORTION OF ROOF ONLY (STANDING SEAM) $2,500 Finaled #J42704
Dec 2011 COVERED PORCH AND STAIRS $14,500 Finaled #I04639
Apr 1993 FINISH BASEMENT (PARTIAL) $2,000 Finaled #B97932
Source: Pikes Peak Regional Building Dept

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Data from the PPMLS. 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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