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5590 Flag Way

Colorado Springs, CO 80919

4 bd 4 ba 3,121 sqft Built 1999 Lot 9,418 sqft single_family
Most recent sale
$590,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $590,000 Public Record
Jul 16, 2022 Price changed $599,000 MLS #1392689
Jun 30, 2022 Listed $615,000 MLS #1392689
Oct 2, 2019 Sold $417,500 Public Record
Jul 13, 2010 Sold $319,900 Public Record
Jun 26, 2010 Listing removed $319,900 elevateMLS
Jun 7, 2010 Price changed $319,900 MLS #611733
Apr 15, 2010 Listed $329,750 MLS #611733
Oct 24, 2003 Sold $250,000 Public Record
Feb 29, 2000 Sold $199,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $33,830 $6,860 $40,690 $2,019
2024 $33,830 $6,860 $40,690 $2,190
2023 $37,930 $5,970 $43,900 $2,068
2022 $26,640 $5,390 $32,030 $1,792
2021 $27,400 $5,540 $32,940 $1,943
2020 $23,110 $4,830 $27,940 $1,896
2019 $23,110 $4,830 $27,940 $1,886
2018 $19,440 $4,140 $23,580 $1,730
2017 $19,440 $4,140 $23,580 $1,639
2016 $19,230 $4,350 $23,580 $1,367
2015 $19,230 $4,350 $23,580 $1,362
2014 $19,110 $3,130 $22,240 $1,338
2013 $19,110 $3,130 $22,240 $1,361
2012 $19,410 $2,830 $22,240 $1,342
2011 $19,410 $2,830 $22,240 $1,353
2010 $20,420 $2,930 $23,350 $1,377
2009 $20,420 $2,930 $23,350 $1,363
2008 $19,670 $2,790 $22,460 $1,333
2007 $19,670 $2,790 $22,460 $1,364

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,121 sqft
Lot size
9,418 sqft
ZIP code
80919
City
Colorado Springs
Street
Flag Way
Coordinates
38.91170, -104.86226

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,554
Gross rental yield
13.33%
Implied cap rate
8.66%
Trend-extrapolated value

Frequently asked questions

When did 5590 Flag Way last sell?
5590 Flag Way most recently sold on Aug 15, 2022 for $590,000.
What is the current tax assessment for 5590 Flag Way?
The most recent total assessment for 5590 Flag Way (year 2025) is $40,690 with $2,019 in property tax.
How does 5590 Flag Way's assessment compare to its last sale price?
The current assessment is 93.1% below the last sale price of $590,000.
When was 5590 Flag Way built?
5590 Flag Way was built in 1999.
How does 5590 Flag Way compare to others on Flag Way?
We track 8 other properties on Flag Way. Browse the list under "Other properties on Flag Way" to compare beds, baths, and sale history.
What are the property facts for 5590 Flag Way?
5590 Flag Way is a 4 bed, 4 bath, 3,121 sqft, 9,418 sqft lot single_family.
Is 5590 Flag Way a flip candidate?
No — 5590 Flag Way does not appear in our flips dataset.
Is 5590 Flag Way a tax-appeal candidate?
No — 5590 Flag Way 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
-3.8%
2026 Q3
$674.5K
2026 Q4
$667.6K
ZIP 80919 — Median Price History + Forecast

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