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MLS #: 9355655

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40 Murray Heights Drive, Colorado Springs

Townhouse in 80916

List Price

Was $214,000

$209,999

Beds/Baths: 2/2

Garage: 2.0

Year Built: 1983

Days on Market: 10

Taxes: $539/yr

Insurance: $3,000/yr est.

Listed By: Coldwell Banker Realty

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $1,397.13

Property Taxes $44.90

Insurance Get Quote → $250.00

Total Est. Monthly* $1,692.03

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Market Context — 80916 (South Powers & Hancock)

Avg Days on Market: 48 ▼ This listing: 10

Avg Close Price: $303,462

Avg CPOLP: 96.5%

Median CPOLP: 98.7%

Active Listings: 118

Closed (30 days): 13

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 12% below

Last Sale Price: $195,000

Last Sale Date: Oct 28, 2021

Lot Size: 0.03 acres

Finished SqFt: 992

School District: COLO SPGS SCHOOL DISTRICT #11

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

Hail Risk — 80916

Moderate

Events (5 years): 8

Largest Stone: 1.5"

Avg Stone Size: 1.19"

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 Permit data is temporarily unavailable. Check back later or verify at pprbd.org.

Price History

$214,000 Listed Aug 07

$209,999 ▼ -$4,001 / -1.9% Aug 17

Recent Comparable Sales (30 Days)

4511 Lamplighter Circle

2 bed / 3 bath · 19 DOM · Closed Jul 29

Listed: $235,000

$226,000

96.2% CPOLP

2369 Lexington Village Lane

3 bed / 3 bath · 22 DOM · Closed Aug 24

Listed: $173,000

$171,000

98.8% 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 80916

MLS #: 5145319 More Details →

3487 Springnite Drive, Colorado Springs

Type: Single Family

Zip: 80916

Beds/Baths: 4/2

Garage: 1.0

List Price: $209,900

DOM: 0

Taxes: $1,247/yr

Year Built: 1972

Listed By: Muldoon Associates Inc

List Price $209,900

Est. Monthly Cost* $1,750.41

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Price Drop — $5,000 off

MLS #: 5550887 More Details →

524 Shady Crest Circle, Colorado Springs

Type: Townhouse

Zip: 80916

Beds/Baths: 2/2

Garage: 1.0

List Price: $210,000 $205,000

DOM: 68

Taxes: $691/yr

Year Built: 1985

Listed By: Pink Realty Inc

List Price $205,000

Est. Monthly Cost* $1,671.47

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Price Drop — $16,000 off

MLS #: 4530944 More Details →

4386 Hawks Lookout Lane, Colorado Springs

Type: Condo

Zip: 80916

Beds/Baths: 2/2

Garage: 0

List Price: $220,000 $204,000

DOM: 259

Taxes: $708/yr

Year Built: 1986

Listed By: HomeSmart Preferred Realty

List Price $204,000

Est. Monthly Cost* $1,666.21

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Price Drop — $7,600 off

MLS #: 7224336 More Details →

4341 Charleston Drive, Colorado Springs

Type: Townhouse

Zip: 80916

Beds/Baths: 2/1

Garage: 1.0

List Price: $226,600 $219,000

DOM: 29

Taxes: $542/yr

Year Built: 1985

Listed By: Exp Realty LLC

List Price $219,000

Est. Monthly Cost* $1,752.17

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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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40 Murray Heights Drive, Colorado Springs

Estimated Monthly Cost Breakdown*

Market Context — 80916 (South Powers & Hancock)

County Assessor Data

Hail Risk — 80916

Price History

Recent Comparable Sales (30 Days)

More Homes in 80916

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