2 months on rocket

240 Writers Way, Colorado Springs, CO, 80903

$799,000

Home List Price

$9,488*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,080 SqFt
$259/SqFt
Townhouse
Schools Nearby

Location

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240 Writers Way, Colorado Springs$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDetached
Year Built2005
HeatingForced Air
CoolingCentral Air
FireplaceGas, One, Upper Level
ViewMountain(s)
MLS #5794154
Lot Size0.07 Acres
StatusActive

About 240 Writers Way

Welcome to the Prestwick Townhomes community, a unique investment property located in downtown Colorado Springs. This three-unit gem offers a versatile ground level commercial or office space that holds immense potential, easily transformable into a cozy apartment. The commercial space features a 3/4 bath and a kitchen area, ready for a stove connection to be installed, if desired. The charming courtyard adds a touch of tranquility to the ground level. Above the commercial space, discover a spacious 3-bedroom, 2-story apartment accessible by stairs or its own elevator. This residence boasts an open floor plan, a large balcony, and a chef-worthy kitchen, creating an ideal space for both relaxation and entertainment. The primary bedroom with a 5-piece en-suite is situated on its own floor, ensuring privacy and luxury. The crowning jewel of this residence is the rooftop deck, offering striking and unobstructed mountain views, a perfect setting for enjoying the Colorado landscape. An additional 1-bedroom/1-bath apartment is located over the garage. This unit features an open concept design, an attached bath to the bedroom, and the convenience of an in-unit stackable washer and dryer. This property presents an excellent investment opportunity, as all three units are consistently occupied. With its prime location within walking distance to the heart of downtown, residents can enjoy easy access to new trendy restaurants and the Switchbacks stadium. Prestwick Townhomes epitomizes the fusion of convenience, versatility, and modern living in the vibrant city of Colorado Springs.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 3,080 SqFt

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (303) 536-8941
  • Listing Agent: Mercede Ragghianti ABR GRI SRES

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Five Piece Bath, Nine Foot Plus Ceilings
  • Fireplace: Gas, One, Upper Level

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s)

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Virtual/3D Tour

  • 3D Tour: 240 Writers Way

3D Tour

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $259/SqFt

HOA Fees:

  • Amount: $298
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,978
  • Tax Year: 2020
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Housing Market Comparison

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

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Colorado Springs, CO

City

Med. Sold Price

$475K

Med. Price/SqFt

$232

Avg. Days On Market

30

# of Sold Homes

179

240 Writers Way vs Colorado Springs

72 DAYS ON ROCKET

+42 Days

$799,000

+$324K More

$259/SqFt

+$26 More

KEY TAKEAWAY

This property is $324K more than the Median Sold Price and $26/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #5794154

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (303) 536-8941
  • Listing Agent: Mercede Ragghianti ABR GRI SRES

IDX 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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 11:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 07, 2008Home Sold
$1,855,540
May 31, 2007Home Sold
$600,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,978$73,600
2019$7,095$33,720
2018$6,880$55,660
2017$5,381$55,660

History based on county public records data.

Payment Calculator

$4,353

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-5065545
2
/10

  • Hunt Elementary School

  • 917 E Moreno Ave

  • 0.79 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5065546
5
/10

  • North Middle School

  • 612 E Yampa St

  • 1.95 miles

  • Public District Grades 6-8

High School

school-card-donut-5065547
4
/10

  • Palmer High School

  • 301 N Nevada Ave

  • 1.25 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,303. Residents of Colorado Springs, CO typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 240 Writers Way

What is the listing price of this property?

The listing price of 240 Writers Way property is $799,000.

What type of property is this?

The property 240 Writers Way is a townhouse located in Colorado Springs, Colorado, 80903.

Is this property for sale now?

Active Listing: 240 Writers Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 240 Writers Way 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 $8,978 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 7, 2008 for $1,855,540. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 240 Writers Way has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 240 Writers Way is 3,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 240 Writers Way is 2005.

Rocket Homes›Colorado›El Paso County›Colorado Springs›80903›240 Writers Way

This home is located at 240 Writers Way in Colorado Springs, CO and zip code 80903 in the Central Colorado Springs neighborhood. This 3,080 square foot home, which was built in 2005, sits on a 0.07 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $799,000.

Over 59 listings were sold over their listed price in April 2024 in Colorado Springs, CO. In the same period over 69 listings were sold below the listed price and 51 listings were sold for the listed price. The number of homes for sale in Colorado Springs, CO increased by 78.8% between March 2024 and April 2024. In April 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $475,000.

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

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