new - 5 days on rocket

125 Terrace Dr, Colorado Springs, CO, 80906

$790,000

Home List Price

$9,381*

Closing Credit

4 Bedrooms
2 Full Baths, 2 Partial
2,563 SqFt
$308/SqFt
House
Schools Nearby

Location

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125 Terrace Dr, Colorado Springs$790,000

Buyer Closing Credits

$9,381*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Dry Walled, Finished, Insulated Garage
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air, Natural Gas
CoolingAir Conditioning
BasementYes
FireplaceGas, Living Room
ViewCity
MLS #6492614
Lot Size0.09 Acres
StatusActive

About 125 Terrace Dr

New construction located in Southwest Colorado Springs' new Creekwalk neighborhood. Near internationally acclaimed destination The Broadmoor, Today's Terrace at Creekwalk offers a contemporary home design in a coveted location. Completion scheduled for December 2024! Modern exterior elevation welcomes you into this two story open concept layout with finished basement and three upper level layout options to choose from. Featuring nine foot ceiling heights on both the main and upper levels, this home is packed with upgrades. From the basement wet bar and finished garage interior to the central air conditioning, fenced yard, and high efficiency water heater all included standard, this home is fully loaded. Main level features beautiful and long-lasting engineered wood floor and generous can lighting placement, with a gas fireplace in the living room and sliding door to the back yard from the dining room. Luxurious island, quartz counters, shaker style cabinets, and custom full tile backsplash accentuate the kitchen along with stainless steel appliances, extended height 42 inch upper cabinetry, and pantry. Owner’s suite offers both a walk-in closet plus a second closet, and an attached bathroom with double sinks and a walk-in shower. Quartz counters, undermount sinks, and 12x24 tile floors feature in the bathrooms. Laundry is upstairs with the bedrooms. Fully finished basement is a great secondary living space. There’s a bedroom with walk-in closet, full bathroom, and spacious rec room with wet bar! Choose your preferred second floor layout: 3 bedrooms, double owner's suites, or two bedrooms plus a loft. Today's Terrace at Creekwalk is convenient to I-25, Hwy 115, and a wide array of the newest shopping, dining and more exciting nearby amenities. This is an HOA-free community! Possible seller incentives.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 2,563 SqFt

Listing Office:

  • Office Name: Live Dream Colorado LLC
  • Office Phone: (719) 272-1765
  • Listing Agent: Lauren Collier

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Walk-In Closet(s), Wet Bar
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Concrete, Dry Walled, Finished, Insulated Garage

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Air Conditioning

School Info

Assigned Schools Information:

  • Palmer High School, Public District Grades 9-12
  • North Middle School, Public District Grades 6-8
  • Hunt Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I-25, exit at S Tejon St and head south. Exit the traffic circle onto S Cascade Ave. Left onto E Cheyenne Rd. Right onto Mt Washington Ave. Left onto Terrace Dr. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $790,000
  • Price Per SqFt: $308/SqFt

Tax Information:

  • Annual Amount: $543
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Colorado Springs, CO.

Med. Sold Price

$475K

Med. Price/SqFt

$232

Avg. Days On Market

30

# of Sold Homes

179

125 Terrace Dr vs Colorado Springs

5 DAYS ON ROCKET

-25 Days

$790,000

+$315K More

$308/SqFt

+$75 More

KEY TAKEAWAY

This property is $315K more than the Median Sold Price and $75/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #6492614

Listing Office:

  • Office Name: Live Dream Colorado LLC
  • Office Phone: (719) 272-1765
  • Listing Agent: Lauren Collier

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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 1:12:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$543$8,000

History based on county public records data.

Payment Calculator

$4,010

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,435

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6480983
2
/10
  • Hunt Elementary School

  • 917 E Moreno Ave

  • 1.66 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6480984
5
/10
  • North Middle School

  • 612 E Yampa St

  • 3.07 miles

  • Public District Grades 6-8

High School

school-card-donut-6480985
4
/10
  • Palmer High School

  • 301 N Nevada Ave

  • 2.37 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,040. The majority of Colorado Springs, CO residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 125 Terrace Dr

What is the listing price of this property?

The listing price of 125 Terrace Dr property is $790,000.

What type of property is this?

The property 125 Terrace Dr is a house located in Colorado Springs, Colorado, 80906.

Is this property for sale now?

Active Listing: 125 Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 125 Terrace Dr are:
Hunt Elementary School: GreatSchools Rating 2/10
North Middle School: GreatSchools Rating 5/10
Palmer High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $543 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 125 Terrace Dr has 4 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 125 Terrace Dr is 2,563 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 125 Terrace Dr is 2024.

Rocket HomesColoradoEl Paso CountyColorado Springs80906125 Terrace Dr

This home is located at 125 Terrace Dr in Colorado Springs, CO and zip code 80906 in the Ivywild neighborhood. This 2,563 square foot home, which was built in 2024, sits on a 0.09 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $790,000.

In April 2024 more than 59 listings in Colorado Springs, CO were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 69 were sold below. The number of homes for sale in Colorado Springs, CO increased by 78.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $475,000, while the average time on the real estate market was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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