240 Cherry Hills Way
Colorado Springs, CO 80921
4 bd 4 ba 3,560 sqft Built 1988 Lot 19,166 sqft single_family
Most recent sale
$630,000
Aug 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 8, 2022 | Sold | $630,000 | Public Record |
| Aug 5, 2022 | Sold | $630,000 | REcolorado |
| Jul 6, 2022 | Price changed | $635,000 | MLS #9153814 |
| Jun 16, 2022 | Listed | $649,000 | MLS #9153814 |
| Jun 15, 2022 | Listed | $649,000 | MLS #3606751 |
| Feb 1, 1989 | Sold | $155,000 | Public Record |
| Jul 1, 1988 | Sold | $32,800 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $27,630 | $18,640 | $46,270 | $4,128 |
| 2024 | $27,630 | $18,640 | $46,270 | $3,756 |
| 2023 | $31,710 | $11,420 | $43,130 | $3,843 |
| 2022 | $23,380 | $9,590 | $32,970 | $2,733 |
| 2021 | $24,050 | $9,870 | $33,920 | $2,941 |
| 2020 | $23,050 | $8,290 | $31,340 | $2,781 |
| 2019 | $23,050 | $8,290 | $31,340 | $2,762 |
| 2018 | $20,820 | $8,060 | $28,880 | $2,504 |
| 2017 | $20,820 | $8,060 | $28,880 | $2,497 |
| 2016 | $20,060 | $5,010 | $25,070 | $1,718 |
| 2015 | $20,060 | $5,010 | $25,070 | $1,715 |
| 2014 | $11,390 | $3,240 | $14,630 | $1,467 |
| 2013 | $17,580 | $5,010 | $22,590 | $1,466 |
| 2012 | $17,580 | $5,010 | $22,590 | $1,466 |
| 2011 | $17,580 | $5,010 | $22,590 | $2,148 |
| 2010 | $18,990 | $5,570 | $24,560 | $2,328 |
| 2009 | $18,990 | $5,570 | $24,560 | $2,321 |
| 2008 | $18,740 | $5,570 | $24,310 | $2,301 |
| 2007 | $18,740 | $5,570 | $24,310 | $2,293 |
Property facts
Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,560 sqft
Lot size
19,166 sqft
ZIP code
80921
City
Colorado Springs
Street
Cherry Hills Way
Coordinates
39.04582, -104.82203
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,476
Gross rental yield
14.24%
Implied cap rate
9.26%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Cherry Hills Way last sell?
240 Cherry Hills Way most recently sold on Aug 8, 2022 for $630,000.
What is the current tax assessment for 240 Cherry Hills Way?
The most recent total assessment for 240 Cherry Hills Way (year 2025) is $46,270 with $4,128 in property tax.
How does 240 Cherry Hills Way's assessment compare to its last sale price?
The current assessment is 92.7% below the last sale price of $630,000.
When was 240 Cherry Hills Way built?
240 Cherry Hills Way was built in 1988.
How does 240 Cherry Hills Way compare to others on Cherry Hills Way?
We track 8 other properties on Cherry Hills Way. Browse the list under "Other properties on Cherry Hills Way" to compare beds, baths, and sale history.
What are the property facts for 240 Cherry Hills Way?
240 Cherry Hills Way is a 4 bed, 4 bath, 3,560 sqft, 19,166 sqft lot single_family.
Is 240 Cherry Hills Way a flip candidate?
No — 240 Cherry Hills Way does not appear in our flips dataset.
Is 240 Cherry Hills Way a tax-appeal candidate?
No — 240 Cherry Hills Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.2%
2026 Q3
$1.01M
2026 Q4
$1.02M
ZIP 80921 — Median Price History + Forecast
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