581 Observatory
MLS #: 9354884
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581 Observatory, Colorado Springs

Condo in 80904

List Price
$319,000
Beds/Baths: 2/2
Garage: 2
Year Built: 1984
Days on Market: 0
Taxes: $912/yr
Insurance: $3,000/yr est.
Listed By: Rocky Mountain Living Colorado

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $2,122.31
Property Taxes $76.04
Insurance Get Quote → $250.00
Total Est. Monthly* $2,448.35

Market Context — 80904 (Old Colorado City & Westside)

Avg Days on Market: 36 ▼ This listing: 0
Avg Close Price: $687,383
Avg CPOLP: 97.8%
Median CPOLP: 98.7%
Active Listings: 108
Closed (30 days): 26

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80904 over the last 30 days.

County Assessor Data

Assessor Market Value: $327,326
Last Sale Price: $295,000
Last Sale Date: Nov 22, 2023
Finished SqFt: 1,212
School District: COLO SPGS SCHOOL DISTRICT #11

Source: El Paso County Assessor. Parcel 7412317057. Assessor values may differ from market value.

Hail Risk — 80904

Moderate
Events (5 years): 6
Largest Stone: 1.75"
Avg Stone Size: 1.27"
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

3 records
Feb 2024 NEW A/C AND FURNACE REPLACEMENT $500 Finaled #P15186
Jan 2024 WATER HEATER REPLACEMENT $1,620 Finaled #P09440
Nov 2014 REPLACE PB PIPING $1,810 Finaled #J45592
Provided as a courtesy — verify at pprbd.org

Recent Comparable Sales (30 Days)

1431 Madison Ridge
4 bed / 3 bath · 130 DOM · Closed Feb 24
Listed: $350,000
$325,000
92.9% CPOLP
2824 Pikes Peak
2 bed / 1 bath · 17 DOM · Closed Feb 20
Listed: $319,900
$319,900
100.0% CPOLP
112 18th
2 bed / 1 bath · 21 DOM · Closed Mar 13
Listed: $299,900
$300,000
100.0% CPOLP
135 Helena
2 bed / 1 bath · 104 DOM · Closed Mar 16
Listed: $365,000
$340,000
93.2% CPOLP
938 Fontmore
3 bed / 2 bath · 5 DOM · Closed Mar 09
Listed: $405,000
$390,000
96.3% 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 80904

1824 Platte
MLS #: 6170765 More Details →
1824 Platte, Colorado Springs
Type: Single Family
Zip: 80904
Beds/Baths: 3/2
Garage: 2
List Price: $340,000
DOM: 7
Taxes: $1,145/yr
Year Built: 1950
Listed By: Iconic Colorado Properties, LLC
List Price $340,000
Est. Monthly Cost* $2,607.44
5208 Kissing Camels
MLS #: 2336421 More Details →
5208 Kissing Camels, Colorado Springs
Type: Townhouse
Zip: 80904
Beds/Baths: 1/2
Garage: 1
List Price: $319,000
DOM: 16
Taxes: $919/yr
Year Built: 1968
Listed By: Box State Properties
List Price $319,000
Est. Monthly Cost* $3,023.91
Price Drop — $5,100 off
6 33rd
MLS #: 6881014 More Details →
6 33rd, Colorado Springs
Type: Single Family
Zip: 80904
Beds/Baths: 2/1
Garage: 1
List Price: $325,000 $319,900
DOM: 66
Taxes: $915/yr
Year Built: 1922
Listed By: ERA Shields Real Estate
List Price $319,900
Est. Monthly Cost* $2,454.57
516 Superior
MLS #: 4451248 More Details →
516 Superior, Colorado Springs
Type: Townhouse
Zip: 80904
Beds/Baths: 2/2
Garage: 1
List Price: $320,000
DOM: 4
Taxes: $1,066/yr
Year Built: 1983
Listed By: Keller Williams Performance Realty
List Price $320,000
Est. Monthly Cost* $2,747.77
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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