Under Contract
Price Drop - $10,100 off (3.3%)
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MLS #: 1100426
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308 Institute Street, Colorado Springs

Single Family in 80903

List Price
Was $310,000
$299,900
Beds/Baths: 2/1
Garage: 1.0
Year Built: 1903
Days on Market: 20
Taxes: $1,125/yr
Insurance: $3,000/yr est.
Listed By: RE/MAX Alliance

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $1,995.24
Property Taxes $93.73
Insurance Get Quote → $250.00
Total Est. Monthly* $2,338.97
Own a home nearby? See what it's worth with live MLS + assessor comps. Check My Home's Value →

Market Context - 80903 (Downtown Colorado Springs)

Avg Days on Market: 47 ▼ This listing: 20
Avg Close Price: $361,338
Avg CPOLP: 92.1%
Median CPOLP: 93.4%
Active Listings: 72
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 80903 over the last 30 days.

County Assessor Data

Assessor Market Value: $323,843 7% below
Last Sale Price: $153,000
Last Sale Date: Apr 25, 2016
Lot Size: 0.06 acres
Finished SqFt: 888

Source: El Paso County Assessor. Parcel 6417203029. Assessor values may differ from market value.

Hail Risk - 80903

Low
Events (5 years): 3
Largest Stone: 1.0"
Avg Stone Size: 1.0"
Most Recent: Jul 20, 2023

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

$310,000 Listed Sep 10
$299,900 ▼ -$10,100 / -3.3% Sep 22

Recent Comparable Sales (30 Days)

526 Hancock Avenue
3 bed / 2 bath · 55 DOM · Closed Sep 22
Listed: $300,000
$300,000
100.0% CPOLP
432 Hancock Avenue
2 bed / 2 bath · 124 DOM · Closed Sep 25
Listed: $350,000
$325,000
92.9% CPOLP
523 Las Animas Street
4 bed / 3 bath · 60 DOM · Closed Sep 08
Listed: $385,000
$335,000
87.0% CPOLP
717 Cedar Street
4 bed / 2 bath · 11 DOM · Closed Sep 17
Listed: $370,000
$240,000
64.9% CPOLP
1347 Prospect Street
3 bed / 2 bath · 108 DOM · Closed Sep 22
Listed: $438,000
$380,000
86.8% 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 80903

Price Drop - $50,100 off
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MLS #: 7123316 More Details →
727 Rio Grande Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/1
Garage: 0
List Price: $350,000 $299,900
DOM: 104
Taxes: $1,010/yr
Year Built: 1954
Listed By: Exp Realty LLC
List Price $299,900
Est. Monthly Cost* $2,329.38
Price Drop - $20,000 off
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MLS #: 2532225 More Details →
1013 Platte Avenue, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 1/1
Garage: 1.0
List Price: $320,000 $300,000
DOM: 24
Taxes: $1,466/yr
Year Built: 1909
Listed By: Redfin Corporation
List Price $300,000
Est. Monthly Cost* $2,368.11
Price Drop - $35,000 off
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MLS #: 4369980 More Details →
631 Willamette Avenue, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/1
Garage: 1.0
List Price: $335,000 $300,000
DOM: 43
Taxes: $1,307/yr
Year Built: 1899
Listed By: ProSales Properties
List Price $300,000
Est. Monthly Cost* $2,354.83
Price Drop - $38,000 off
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MLS #: 7261855 More Details →
849 Fountain Boulevard, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 2/1
Garage: 1.0
List Price: $337,000 $299,000
DOM: 140
Taxes: $933/yr
Year Built: 1950
Listed By: Manchester Properties, LLC
List Price $299,000
Est. Monthly Cost* $2,317.05
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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