15 days on rocket

411 Olive St, Colorado Springs, CO, 80904

$600,000

Home List Price

$7,125*

Closing Credit

4 Bedrooms
2 Baths
Multi
Schools Nearby

Location

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411 Olive St, Colorado Springs$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1948
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), None
BasementYes
FireplaceNone
MLS #3660074
Lot Size0.12 Acres
StatusActive

About 411 Olive St

An Exceptional Income Opportunity Awaits – This fully remodeled modern duplex presents a remarkable chance to invest in a flourishing rental property located in a coveted and tranquil westside neighborhood, mere minutes away from the esteemed Garden of Gods & Old Colorado City. Boasting an impeccable rental history, both units exude a pristine allure, providing a turnkey solution for prospective buyers. Each of the well-appointed units comprises 2 bedrooms & 1 bath, offering a generous living space on both levels. Whether your preference lies in long-term rentals or capitalizing on the mid & short-term rental market, this property is ideally situated amongst the most desirable city amenities. The main level residence boasts an aesthetic design w/cove ceiling, showcasing a charming ambiance that is sure to captivate. Solid hardwood floors flow throughout the great room & bedrms. The great room captures mountain views & adjoins the new luxury kitchen w/quartz counters, breakfast bar, shaker cabinets, uplighting, subway tile backsplash & marble tile floor. Main level bedrooms have easy access to jack & jill full bath. One bedroom has mtn views, the other has large closet & stack-able washer/dryer. The large backyard is fully fenced & divided into two separate private yards each w/ an outdoor kitchen feat. built-in grills/fridge/granite counter, electric outlets & cabinet, adding to the potential. The lower unit boast the same attention to detail with all new materials, LED lighting, French doors illuminate the great room & dining area. The adjoining kitchen has stainless appliances & pantry/storage. Both lower rooms have walk-in closets, egress windows, & easy access to ¾ bath. With a proven track record of consistent rent. Newer roof, newer electric panel, newer furnace, energy efficient windows & more. See it today.

Property Details

Property Features

Property Information:

  • Year Built: 1948

Listing Office:

  • Office Name: The Platinum Group
  • Office Phone: (719) 536-4444
  • Listing Agent: Edward Behr CRS GRI

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Self Cleaning Oven
  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), None

School Info

Assigned Schools Information:

  • Coronado High School, Public District Grades 9-12
  • West Middle School, Public District Grades 6-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000

Tax Information:

  • Annual Amount: $1,121
  • 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

411 Olive St vs Colorado Springs

15 DAYS ON ROCKET

-15 Days

$600,000

+$125K More

KEY TAKEAWAY

This property is $125K more than the Median Sold Price in Colorado Springs, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3660074

Listing Office:

  • Office Name: The Platinum Group
  • Office Phone: (719) 536-4444
  • Listing Agent: Edward Behr CRS GRI

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: 5/1/2024, 10:25:20 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$1,121$16,510
2019$970$16,510
2018$919$13,230
2017$747$13,230

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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.

Middle School

school-card-donut-4419064
2
/10
  • West Middle School

  • 1920 W Pikes Peak Ave

  • 0.31 miles

  • Public District Grades 6-8

High School

school-card-donut-4419065
5
/10
  • Coronado High School

  • 1590 W Fillmore St

  • 1.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,597. Typical income of Colorado Springs, CO residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoEl Paso CountyColorado Springs80904411 Olive St

This home is located at 411 Olive St in Colorado Springs, CO and zip code 80904 in the Old Colorado City neighborhood. This home, which was built in 1948, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $600,000.

While more than 59 listings in Colorado Springs, CO in April 2024 were sold above asking price, there were more than 51 listings sold at asking price, and more than 69 were sold below. The number of listings in Colorado Springs, CO increased by 78.8% between March 2024 and April 2024. Listings spent 30 days on the market in April 2024, and had a median list price of $475,000 during the same period.

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

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