Price Drop — $60,000 off (3.2%)
5540 Parapet
MLS #: 8477977
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5540 Parapet, Colorado Springs

Single Family in 80918

List Price
Was $1,850,000
$1,790,000
Beds/Baths: 6/6
Garage: 3
Year Built: 1991
Days on Market: 63
Taxes: $3,453/yr
Insurance: $3,000/yr est.
Listed By: REMAX PROPERTIES

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $11,908.91
Property Taxes $287.75
Insurance Get Quote → $250.00
HOA (est.) Sunset Mesa Neighborhood Assoc $3.33
Total Est. Monthly* $12,449.99

Market Context — 80918 (Briargate & Pine Creek)

Avg Days on Market: 36 ▲ This listing: 63
Avg Close Price: $476,303
Avg CPOLP: 98.5%
Median CPOLP: 98.8%
Active Listings: 124
Closed (30 days): 52

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.

County Assessor Data

Assessor Market Value: $937,964 91% above
Last Sale Price: $920,000
Last Sale Date: Jul 19, 2021
Lot Size: 0.79 acres
Finished SqFt: 6,768
Basement: 2,698 sqft (2,398 finished)

Source: El Paso County Assessor. Parcel 6314311043. Assessor values may differ from market value.

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

9 records
Aug 2022 GAS LINE TO RANGE. 125K BTU’S $1,350 Finaled #O28607
Mar 2020 WATER HEATER REPLACEMENT $800 Finaled #M77790
Oct 2014 REROOF PATIO COVER PORTION OF ROOF ONLY (STANDING SEAM) $2,500 Finaled #J42704
Oct 2014 REPLACE WATER HEATER ( INSTALL 2007 ) $850 Finaled #J40022
Dec 2011 COVERED PORCH AND STAIRS $14,500 Finaled #I04639
Showing 5 of 9 permits Provided as a courtesy — verify at pprbd.org

Price History

$1,850,000 Listed Mar 02
$1,790,000 ▼ -$60,000 / -3.2% Mar 23

Click here for full details on PPAR →

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More Homes in 80918

4896 Stonehill
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Type: Single Family
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Beds/Baths: 3/4
Garage: 3
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DOM: 194
Taxes: $3,623/yr
Year Built: 2001
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List Price $1,895,000
Est. Monthly Cost* $13,217.47
1124 Eagle Rock
MLS #: 7760186 More Details →
1124 Eagle Rock, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 4/3
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DOM: 32
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List Price $1,095,000
Est. Monthly Cost* $7,709.78
Price Drop — $23,000 off
5575 Butler
MLS #: 7604307 More Details →
5575 Butler, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 5/4
Garage: 3
List Price: $998,000 $975,000
DOM: 172
Taxes: $3,235/yr
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List Price $975,000
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5110 Wild Rose
MLS #: 7852038 More Details →
5110 Wild Rose, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 3/3
Garage: 3
List Price: $950,000
DOM: 9
Taxes: $2,692/yr
Year Built: 1997
Listed By: Shift Real Estate LLC
List Price $950,000
Est. Monthly Cost* $6,794.71
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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