6 months on rocket

720 E Hills Rd, Colorado Springs, CO, 80909

$750,000

Home List Price

$8,906*

Closing Credit

8 Bedrooms
4 Baths
Multi
Schools Nearby

Location

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720 E Hills Rd, Colorado Springs$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1984
HeatingForced Air
CoolingNone
FireplaceNone
MLS #1394554
Lot Size0.18 Acres
StatusActive

About 720 E Hills Rd

Great investment opportunity !!! Nice 4 plex with lots of updating, all 4 units have new vinyl windows, new exterior paint, and new accent siding. Each unit offers two Bedrooms and one bath with an open kitchen and living area. Good rental history. Convenient location close to schools, shopping, and downtown.

Property Details

Property Features

Property Information:

  • Year Built: 1984

Listing Office:

  • Office Name: RE/MAX Real Estate Group LLC
  • Office Phone: (719) 534-7900
  • Listing Agent: Greg Kelly MRP

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Palmer High School, Public District Grades 9-12
  • Galileo School of Math and Science, Public Magnet Grades 6-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

Tax Information:

  • Annual Amount: $1,571
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$464.8K

Med. Price/SqFt

$230

Avg. Days On Market

48

# of Sold Homes

189

720 E Hills Rd vs Colorado Springs

185 DAYS ON ROCKET

+137 Days

$750,000

+$285.1K More

KEY TAKEAWAY

This property is $285.1K 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: #1394554

Listing Office:

  • Office Name: RE/MAX Real Estate Group LLC
  • Office Phone: (719) 534-7900
  • Listing Agent: Greg Kelly MRP

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: 4/28/2024, 12:55:19 AM 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 15, 2016Home Sold
$300,000
Jun 14, 2000Home Sold
$199,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,571$23,140
2019$1,425$23,140
2018$1,350$19,430
2017$1,083$19,430

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-1902759
2
/10
  • Galileo School of Math and Science

  • 1600 N Union Blvd

  • 1.16 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1902760
4
/10
  • Palmer High School

  • 301 N Nevada Ave

  • 2.03 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,362. The most common annual income of people living in Colorado Springs, CO is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoEl Paso CountyColorado Springs80909720 E Hills Rd

This home is located at 720 E Hills Rd in Colorado Springs, CO and zip code 80909 in the Central Colorado Springs neighborhood. This home, which was built in 1984, sits on a 0.18 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 25, 2023 and is currently priced at $750,000.

While more than 51 listings in Colorado Springs, CO in March 2024 were sold above asking price, there were more than 49 listings sold at asking price, and more than 89 were sold below. The number of listings in Colorado Springs, CO increased by 42.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 48 days, the median list price was $464,807.

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

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