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3485 Colony Hills Ln

Colorado Springs, CO 80916

3 bd 2 ba 1,560 sqft Built 1971 Lot 8,400 sqft single_family
Most recent sale
$260,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 5, 2023 Sold $369,899 elevateMLS
Dec 2, 2022 Price changed $369,899 elevateMLS
Nov 16, 2022 Price changed for rent $2,180 Rently
Nov 15, 2022 Price changed $369,900 elevateMLS
Nov 7, 2022 Listed for rent $2,270 Rently
Oct 27, 2022 Listed $386,999 elevateMLS
Aug 24, 2022 Sold $260,000 Public Record
Jul 21, 2022 Listed $295,000 MLS #7538811
Aug 7, 1992 Sold $50,000 Public Record
Apr 1, 1989 Sold $40,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $22,060 $2,910 $24,970 $1,239
2023 $22,430 $2,690 $25,120 $966
2022 $14,730 $2,350 $17,080 $921
2021 $15,160 $2,420 $17,580 $984
2020 $10,590 $1,880 $12,470 $813
2019 $10,590 $1,880 $12,470 $788
2018 $8,460 $1,350 $9,810 $644
2017 $8,460 $1,350 $9,810 $492
2016 $8,150 $1,380 $9,530 $509
2015 $8,150 $1,380 $9,530 $509
2014 $7,600 $1,380 $8,980 $485
2013 $7,600 $1,380 $8,980 $523
2012 $7,600 $1,380 $8,980 $523
2011 $7,600 $1,380 $8,980 $521
2010 $8,800 $1,370 $10,170 $579
2009 $8,800 $1,370 $10,170 $586
2008 $9,130 $1,250 $10,380 $606
2007 $9,130 $1,250 $10,380 $614

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,560 sqft
Lot size
8,400 sqft
ZIP code
80916
City
Colorado Springs
Street
Colony Hills Ln
Coordinates
38.78193, -104.75367

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3485 Colony Hills Ln last sell?
3485 Colony Hills Ln most recently sold on Aug 24, 2022 for $260,000.
What is the current tax assessment for 3485 Colony Hills Ln?
The most recent total assessment for 3485 Colony Hills Ln (year 2024) is $24,970 with $1,239 in property tax.
How does 3485 Colony Hills Ln's assessment compare to its last sale price?
The current assessment is 90.4% below the last sale price of $260,000.
When was 3485 Colony Hills Ln built?
3485 Colony Hills Ln was built in 1971.
How does 3485 Colony Hills Ln compare to others on Colony Hills Ln?
We track 5 other properties on Colony Hills Ln. Browse the list under "Other properties on Colony Hills Ln" to compare beds, baths, and sale history.
What are the property facts for 3485 Colony Hills Ln?
3485 Colony Hills Ln is a 3 bed, 2 bath, 1,560 sqft, 8,400 sqft lot single_family.
Is 3485 Colony Hills Ln a flip candidate?
Yes — 3485 Colony Hills Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3485 Colony Hills Ln a tax-appeal candidate?
No — 3485 Colony Hills Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+4.0%
2026 Q3
$357.1K
2026 Q4
$360.5K
ZIP 80916 — Median Price History + Forecast

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